- ‘Confident’ Pakistan ready for BD challenge, says Salman – Sport
- Number of PCB’s centrally-contracted cricketers increased – Sport
- Asif claims historic IBSF Masters title – Sport
- Undefeated Pakistan beat Iran to win Asian Men’s U-16 Volleyball Championship – Sport
- Pakistan men’s three-match T20I series against Bangladesh to start from tomorrow – Sport
- Series on the line, India consider Bumrah gamble – Sport
- Student loan bills may double for some as Biden-era SAVE relief expires
- Henry, Conway take New Zealand to easy T20 win over Zimbabwe – Sport
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Traders work during the opening bell at the New York Stock Exchange (NYSE). Photo by JOHANNES … More EISELE/AFP via Getty Images.AFP via Getty Images Stagflation risks are rising. U.S. consumer confidence has recently fallen while consumer inflation rates remain elevated. The prospects for Q1 2025 U.S. gross domestic product are currently negative, while year-on-year inflation rates are above the Fed’s 2% target. Tariffs present inflationary risks, but tariff uncertainty risks appear recessionary—and could be deflationary. Forthcoming U.S. tariff announcements on April 2 present additional significant downside risks for equity, bond, and commodity markets. Weak Growth Outlook And Stagflation Prospects…
CNN — White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. Even when adjusting for inflation, that amount would be triple the tax increase put in place in 1942 to pay the cost of fighting World War II. Navarro, Trump’s senior counselor for trade and manufacturing, insists it’s not a tax increase but a tax cut — echoing the Trump administration’s repeated belief that tariffs will be paid not by American consumers but…
Faint hopes of dogecoin (DOGE) being included in the U.S. Department of Government Efficiency (D.O.G.E.) were dented on Sunday as the department’s figurehead Elon Musk squashed any plans of adding the memecoin. “There are no plans for the government to use dogecoin or anything,” Musk said during a speech at the America PAC town hall in Green Bay, Wisconsin. “I was going to call it Government Efficiency Commission, but that’s a super boring name. Then the internet said it needs to be the Department of Government Efficiency. I was like Internet is right,” he added. DOGE prices are down 3.5%…
A mobile billboard rolls past the U.S. Capitol on May 10, 2023.Jemal Countess | Getty Images Entertainment | Getty ImagesInvestors have pulled money from so-called ESG funds in recent years, amid political backlash, high interest rates and other headwinds.But analysts say the outlook and long-term investment thesis for the fund category, which stands for “environmental, social and governance,” are favorable.President Donald Trump’s agenda “isn’t ‘game over’ for ESG investing,” Diana Iovanel, a senior markets economist at Capital Economics, wrote in a research note on Tuesday.Demand for ESG investments “is here to stay” even in the face of political pressure, Iovanel…
Bitcoin (BTC -2.30%) has earned a place in almost every investor’s portfolio. As the anchor for the entire cryptocurrency sector, the coin is also becoming increasingly integrated into the traditional world financial system. And, with a few major catalysts in progress, there’s no time like the present for investors who are considering starting a new position. In fact, if you had to choose just one cryptocurrency out of all of them to invest in this year, there’s a compelling argument for why it should be Bitcoin. Clearer regulations and new policies could drive a boom Bitcoin is undergoing worldwide adoption…
It’s a bloodbath for digital assets, with traders hitting the sell button, wiping out over $160 billion of the total cryptocurrency market cap since Friday. Few things have compounded as the first quarter of this year closes out, leading to the sell-off, including Trump’s tariff threats, global economic concerns and the lack of a clear catalyst for the next leg up. However, if history is anything to go by, there might be some glimmer of hope heading into the second quarter, as April could bring a bullish setup for crypto. Based on the total percent return since 2010, April has…
Bitcoin is making its way from trading desks to corporate treasuries, and by the end of the decade, it could be standard practice, according to one analyst. “Across all the different strategies and implementations, I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a long-term asset,” Elliot Chun, a partner at Architect Partners, wrote in a market snapshot. The strategy—holding bitcoin as a treasury reserve asset—was unorthodox when Strategy, formerly known as MicroStrategy, first adopted it in August 2020. The firm framed BTC as a hedge against inflation, a…
LAHORE: South Africa’s Russell Domingo was appointed as head coach of Lahore Qalandars for the 10th edition of the HBL Pakistan Super League (PSL) on Saturday, replacing Darren Gough who made himself unavailable due to ‘unavoidable personal commitments’. A highly experienced coach, the 50-year-old Domingo brings a wealth of cricketing expertise at the highest level, having served as head coach of South Africa (2012-17) and Bangladesh (2019-22). Known for his tactical acumen and ability to nurture young talent, Domingo’s appointment aligns perfectly with Qalandars’ vision of building a strong and competitive squad. The Port Elizabeth-born Domingo was excited to take…
FILE PHOTO: An “Open House” sign outside of a home in Washington, DC, US, on Sunday, Nov. 19, 2023. Nathan Howard | Bloomberg | Getty ImagesWhen Maryland Governor Wes Moore was 8 years old, his mother told him she wanted to send him to military school to correct his behavior.Yet it wasn’t until he was 13 that she finally did send him to a military school in Pennsylvania. He ran away five times in the first four days.”That place ended up really helping me change my life,” said Moore while speaking about retirement security at a BlackRock conference in Washington, D.C.,…
Inflation remains a topic on everyone’s mind these days. The tariff announcements by the Trump administration are only fueling concerns about the possibility of rising prices for goods and services across the board in the not-too-distant future. A Motley Fool research report highlights how the core Consumer Price Index (excludes food and energy) was already trending higher, up 3.3% on a year-over-year basis in January. What’s more, shelter inflation increased by 4.4%, faster than any other category. These are uncertain economic times we are living in. So, it’s understandable if you’re worried that inflation will surge again, as it did…