With Vermes now out at Kansas City, there are only two dual manager/GMs: the San Jose Earthquakes’ Bruce Arena and Chicago Fire gaffer Gregg Berhalter.
JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs announced this week by the Trump administration.
Colombia’s central bank defied political pressure and held interest rates unchanged for a second straight meeting as policymakers fret about accelerating inflation and the widest fiscal deficit since the pandemic.
US bank stocks suffered their worst quarterly loss since the regional banking crisis two years ago on concern that President Donald Trump’s trade war will derail the economy.
Rep. Tim Burchett (R) Tennessee discusses the market & economic reaction following President Trump’s reciprocal tariffs unveiling, and says there will be some short time pain, but in the long term it will be positive. He talks about how these tariffs may benefit Americans, why the President rather than Congress is working on trade policy, and if he will vote for the Senate’s budget plan. Rep. Burchett speaks with Kailey Leinz and Joe Mathieu on the late edition on Bloomberg’s “Balance of Power.” (Source: Bloomberg)