Economy

Economy
Goldman Sachs Withdraws Recession Prediction After Trump Pauses Tariffs
April 09, 2025

Goldman Sachs Group economists reportedly issued a note predicting a recession due to new U.S. tariffs and then retracted that forecast a little over an hour later after President Donald Trump paused the reciprocal tariffs. Get the Full Story Complete the form to unlock this...

Economy
European Union Votes to Impose Tariffs on US Goods
April 09, 2025

The European Commission said Wednesday (April 9) that the European Union will start collecting tariffs on U.S. goods, starting Tuesday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Jamie Dimon: Recession a ‘Likely Outcome’ of US Tariffs
April 09, 2025

The CEO of America’s biggest bank says the country’s tariffs will likely trigger a recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Tariffs Pave Rocky Road for Canadian Car Industry
April 09, 2025

Thousands of Canadian autoworkers have been furloughed amid new tariffs in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Economy
Bank Bosses Reportedly Out of the Loop on Trump’s Tariffs
April 09, 2025

The heads of America’s biggest banks are reportedly disconnected from the White House’s tariff efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Business Leaders Voice Concerns About Tariffs
April 08, 2025

Some business leaders are reportedly voicing concerns about tariffs after seeing the impact the policy has had on the stock market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Markets
Tariff-Related IPO Delays Leave VCs ‘Trying to Triage’
April 08, 2025

With several high-profile IPOs in limbo, the venture capital/startup space is in crisis mode. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Economy
Banks and FinTechs Navigate Market Mayhem Amid Escalating Tariff Fears
April 08, 2025

As the economy continues to reel from President Donald Trump’s tariff announcements, speculation about their impact on the banking and FinTech sectors has reached a fever pitch. The once-promising but cautious outlook for the U.S. economy is now being derailed by growing recession fears, casting...

Economy
Exclusive: Lights Flash Red for 1 in 5 US Small Businesses as Tariff Economy Sets...
April 08, 2025

When the economic winds start to howl, small- to medium-sized businesses (SMBs) turn up their collars. As the Trump administration’s global tariffs send shock waves through stock markets and prompt fears of a recession, businesses across America may be in store for particularly acute pain....