Chris Price

Los Angeles

Senior Editor at Yahoo

Journalist. Love making music 🎸 and reviewing 🎮 (links to old stories below 👇 )

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Articles

Fed chairman in fight to save job as Trump rages

6 days ago | sg.finance.yahoo.com | Chris Price

The head of the International Monetary Fund added to the warnings. Kristalina Georgieva said the global economic watchdog will slash its growth forecasts for the world next week when it publishes new projections including the impact of the US president’s tariffs on imports from almost the entire world. She said: “Our new growth projections will include notable markdowns, but not recession. We will also see mark-ups to the inflation forecasts for some countries.
New York companies enjoy ‘unusual’ share surge before Trump’s sons join

1 week ago | ca.finance.yahoo.com | Chris Price

Two little-known Wall Street companies experienced an “unusual” stock price surge before an announcement naming Donald Trump’s sons to the board, raising fears over potential insider trading. Shares in drone maker Unusual Machines, which listed on the Nasdaq last year, surged by more than 220pc in the four weeks leading up to the recruitment of Donald Trump Jr on Nov 27.
Trump has unleashed chaos – but stock prices are defying gravity

1 week ago | sg.finance.yahoo.com | Chris Price

In most quarters, the writing is already on the wall for the US economy. Jamie Dimon, JP Morgan’s boss, has said that a recession is “likely”, while Larry Fink, his counterpart at BlackRock, has warned that the downturn may have already begun. Such gloomy forecasts emerged after Donald Trump unleashed his global trade war, as many fear the US president’s tariffs will hammer growth and sting households.
Fed chief warns Trump tariffs will keep rates high

1 week ago | ca.finance.yahoo.com | Chris Price

In This Article: The chairman of the US Federal Reserve has warned that Donald Trump’s trade war will fuel inflation and hinder its attempts to cut interest rates. Wall Street slid after Jerome Powell warned that the Fed would make no progress against inflation this year. He told the Economic Club of Chicago: “The administration is implementing significant policy changes, in particular trade … and the effects of that are likely to move us away from our goals.
Russian rouble crowned world’s best-performing currency as dollar declines

1 week ago | ca.finance.yahoo.com | Chris Price

Russia’s rouble has become the world’s best-performing global currency as Donald Trump’s tariff war upends financial markets. The rouble has strengthened 38pc against the dollar since the start of the year, according to data compiled by Bloomberg, following a dramatic fall in confidence in the US currency. Its returns have vastly outpaced the next best performing currencies, the Swedish krona and Swiss franc, which were up 13pc and 11pc respectively.
Parliament recalled to discuss British Steel nationalisation

1 week ago | ca.finance.yahoo.com | Chris Price

MPs are being recalled to Parliament for the first time in four years to discuss the potential nationalisation of British Steel. The House of Commons is expected to sit from 11am on Saturday to discuss the future of the blast furnaces at the Scunthorpe site, according to Sky News. It would be the first time Parliament has been recalled since 2021, when MPs debated the chaotic exit of troops from Afghanistan. The Commons has only been recalled 34 times since 1948.
Parliament recalled to discuss future of British Steel

1 week ago | yahoo.com | Chris Price

Chris PriceFri, April 11, 2025 at 1:19 PM UTC4 min readMPs are being recalled to Parliament for the first time in four years in an emergency session that could pave the way for the nationalisation of British Steel. The House of Commons is expected to sit from 11am on Saturday to discuss the future of the blast furnaces at the Scunthorpe site. Sky News first reported the story.
Wall Street plunges after China hit with 145pc tariff

1 week ago | ca.finance.yahoo.com | Chris Price

In This Article: Stock markets plunged again on Thursday as the White House confirmed China will be hit with 145 per cent tariffs. Following an escalation in Donald Trump’s trade war with Beijing, the S&P 500 and the Nasdaq fell by as much as 6.3 per cent and 7.2 per cent respectively. The dollar also sank by 1.1 per cent against the pound and oil prices tumbled by 3 per cent, as the president admitted there will be “transition problems” from his tariffs.
Markets are surging but Wall Street risks an almighty plunge

2 weeks ago | ca.finance.yahoo.com | Chris Price

Stock markets are swinging wildly as Donald Trump’s trade policy changes by the day - Timothy A Clary/AFP Stock markets rocketed higher around the world following Donald Trump’s decision to pause his “reciprocal” tariffs – but Wall Street could still have a long way to fall. The US president’s trade war unleashed a wave of panic selling in financial markets around the world that could yet be reignited. Here’s why the turmoil on financial markets is likely to be far from over.
Trump blames 90-day tariff pause on people ‘getting afraid’

2 weeks ago | sg.finance.yahoo.com | Chris Price

Mr Trump said he was pausing his tariffs on more than 75 countries that did not retaliate against the US. However, a 10pc floor on levies means the UK, which was already hit by the baseline rate last week, will not be affected by Mr Trump’s latest announcement. All cars imported into the US will also still be subject to a blanket 25pc tariff, while Canada and Mexico were excluded from yesterday’s changes.