John Biers
Business Reporter at Agence France-Presse (AFP)
Cover business news for AFP in New York, with some politics, tennis and culture. Former Times-Picayune and WSJ/DJ. [email protected]
Articles
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1 week ago |
barrons.com | John Biers
The US has long been considered a financial safe haven. The sell-off of the dollar, stocks and Treasury bonds in a spree sparked by panic at President Donald Trump's trade war is starting to raise questions about if that's still true. US equities and the greenback have been under pressure for weeks. This week, the volatility spread to the US Treasury market, long considered by global investors to be a refuge.
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1 week ago |
barrons.com | John Biers
JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he warned of "considerable turbulence" facing the economy. The big US bank reported higher quarterly profits in results overshadowed by upheaval in financial markets as equity markets have churned amid gyrations in the US Treasury market and a falling US dollar. US bond yields were up again early Friday, indicating weaker demand for US Treasuries, long considered a safe haven asset.
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2 weeks ago |
demerarawaves.com | John Biers |Denis Chabrol
By John BIERSNew York, United States – (AFP) – In unveiling tariffs this week challenging the decades-old international trade order, President Donald Trump lambasted globalization as a raw deal for the United States that has devastated US manufacturing towns.
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2 weeks ago |
yahoo.com | John Biers
In unveiling tariffs this week challenging the decades-old international trade order, President Donald Trump lambasted globalization as a raw deal for the United States that has devastated US manufacturing towns. Trump left out the upside to the United States from the liberal flow of goods: a reliable supply of affordably priced appliances, clothing and electronics whose consumption has helped lift US economic growth above other developed economies in recent years.
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3 weeks ago |
japantoday.com | John Biers
Tesla's worldwide sales tumbled in the first quarter, piling further pressure on CEO Elon Musk who faces a growing backlash for his role overseeing U.S. federal spending cuts under President Donald Trump. Musk's electric vehicle company delivered 336,681 autos globally in the first three months of 2025, a drop of 13 percent, figures showed Wednesday.
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