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The Economic Blackout refers to a series of 24-hour consumer spending boycotts that took place on February 28, 2025, in the United States, with planned boycotts for future dates including March 28. Organized by The People's Union USA activist group, the protest encouraged Americans to refrain from making any purchases for an entire day.
William Reinsch of the Center for Strategic and International Studies contrasted the current trade war with Trump's first in 2018-2019, which economist say will be much more costly. [ 43 ] According to an Associated Press article, if Trump substitutes tariff revenue for income taxes, tariffs would remain in place inspite of demands being met.
The market outlook for 2025 sees U.S. GDP growing at a healthy rate, the stock market gains diversifying beyond the Magnificent Seven—with health care a likely winner—and an evolution in the ...
Business and economy. German economic crisis. The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history" after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024. Disasters and accidents
US stocks sold off on Friday, marking the worst day of 2025 just two days after the S&P 500 hit a record high. Economic data releases raised concerns about a rebound in inflation. The Dow Jones ...
Business and economy Argentine debt restructuring Argentina 's country risk index, measured by the JPMorgan GBI-EM Index , briefly drops to 444 points, its lowest level since 2018, before closing at 561 points due to technical adjustments linked to upcoming bond payment amid improved market sentiment driven by cooling inflation and signs of ...
January 2, 2025 at 2:41 PM. By Stephen Culp. NEW YORK (Reuters) -Wall Street see-sawed amid choppy trading on Thursday, reversing earlier gains as investors embarked on the new year facing the ...
Business and economy. A global technology stocks selloff on the Nasdaq Stock Market, prompted by the release of the Chinese DeepSeek-R1 model, leads to record losses in the market capitalizations of AI and computer hardware companies. International relations. China–India relations