Goldman had previously increased the likelihood of a US recession from 20 per cent to 35 per cent last month, citing that economic fundamentals were not as robust as in previous years.

"This is not what we voted for," said Bill Ackman, who predicted the devastating fallout from the president's tariffs if Trump doesn't do one thing.

Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund with $15 billion in assets under ...

Asian markets plunged on Monday following last week’s two-day meltdown on Wall Street, and President Donald Trump said he won’t back down on the sweeping new tariffs he announced on ...

As countries around the world scramble to negotiate for relief from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.

The fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners.

Donald Trump last week imposed the steepest American tariffs on imports in over a century, levying rates as high as 50 per ...

Trump wants the U.S. to make more aluminum. In Louisiana, home to the only domestic producer of a material essential to that ...

Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure and casting itself ...

Shares in German lenders continued their losses for a third day as U.S. President Donald Trump's sweeping tariffs ignited ...

The big question as global stock selloffs point to another week of plunging markets in the US is how much pain President ...

Markets Reward Predictability though change is necessary. Tariffs will begin the discussion to direct strategic economic reform.