SINGAPORE (Reuters) - There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist. Where we stand now is with a heightened concern about the U.S. economy, Bruce Kasman, the U.S....

03:01 PM EDT, 03/11/2025 (MT Newswires) -- Ontario Premier Doug Ford said Tuesday on X his province has agreed to suspend its 25% surcharge on electricity exports to Michigan, New York and Minnesota. Ford said he will meet with US Commerce Secretary Howard Lutnick on Thursday in Washington, D.C. ...

A technical analysis pattern hinting at bull reversal has appeared on bitcoin's (BTC) daily price chart as market participants look to Wednesday's U.S. inflation data to put a floor under risk assets. BTC has recently taken a beating, falling from $100,000 last month to under $80,000 this week due to several factors, including risk aversion on Wall Street, concerns about...

Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very severe” supply-demand problem that could lead to “shocking developments” in the near future. What Happened: “The first thing is the debt issue,” Dalio said at the CONVERGE LIVE event in Singapore, emphasizing that the federal government will need to sell more debt than global markets...