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Vivian Wilson, Elon Musk's estranged trans daughter, has made a bold claim regarding her father's use of IVF. In a viral post, she claimed that Musk used the procedure to conceive only boys, causing controversy over his parenting choices and escalating their already strained relationship.

retaliatory tariffs because President Donald Trump had implemented steel and aluminum import restrictions. The ongoing trade war has made economists predict economic slowdown and heightened consumer prices due to recently available inflation data, which shows a mild February increase.

With Mexico and Canada as two of America's biggest suppliers of food items and beverages, the tariffs will soon drive prices up and may cause supply chain disruptions while demand stays high, New York Post reported.

Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump's tariff policies could stall progress.

Inditex Chief Executive Officer Oscar Garcia Maceiras said constantly changing news on tariffs and geopolitics was making it difficult to make long-term predictions, the latest business leader to highlight the impact of uncertainty as U.S. President Donald Trump overhauls trade and foreign policy.

Pension funds that were buoyed by soaring stock markets and growing economies that helped produce double-digit returns last year are now being challenged by the escalating trade war between the United States and Canada that is spilling out globally.

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. investment bank's chief global economist, told reporters in Singapore on Wednesday. He said he has not yet revised any forecasts, but put a roughly 40% recession risk into the outlook — up from about a 30% chance he had reckoned on at the start of the year. J.P. Morgan's current forecast is for 2% U.S. GDP growth this year. U.S. stocks have suffered their sharpest selloff in months over recent days as investors have grown nervous that President Donald Trump will slow the economy with import duties. Ninety-five percent of economists polled by Reuters last week across Canada, Mexico and the U.S. said recession risks in their economies had increased as a result of Trump's tariffs.

Subscribe to enjoy similar stories. There are two silver linings to the current stock slump for bullish investors. When the stock market drops, investors may feel like the sky is falling.

Subscribe to enjoy similar stories. The outlook for the U.S. economy this year isn’t so rosy anymore.

Oil prices edged up early on Wednesday, helped by a weaker dollar, but mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth capped gains. Brent futures rose 27 cents, or 0.39%, to $69.83 a barrel at 0110 GMT, while U.S. West Texas Intermediate crude futures gained 29 cents, or 0.44%, to $66.54 a barrel.

Donald Trump’s tariffs on Canada and Mexico will soon come into effect. The two allies of the US are top suppliers of food and beverages. Experts have predicted that prices of various essential goods will see a rapid hike. Donald Trump, soon after assuming office for his second term, announced 25 per cent tariffs on Canada and Mexico before freezing it for a limited period after market backlash.

Bitcoin's price dropped to $76,889, its lowest point since November while second-ranked token Ether dropped as much as 6% to $1,756, an intra-day low not seen since October 2023, according to data compiled by Bloomberg. Both tokens later erased those declines.

Subscribe to enjoy similar stories. The White House granted a temporary reprieve for many of its tariffs on Canada and Mexico last week, but a similar pause seems less likely for revamped global steel and aluminum tariffs set to go into effect Wednesday. President Trump’s team has repeatedly said there would be no exceptions or exemptions from the 25% tariffs on steel and aluminum.

Sensex and Nifty, traded lower on Tuesday, following a widespread sell-off in Asian markets after Wall Street dropped overnight due to recession concerns in the US. The rupee is likely to stay under pressure on Tuesday, as concerns over a potential recession sapped risk appetite across financial markets, driving most Asian currencies lower.

Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, declined on Monday as concerns over the U.S. economy and global trade tensions weighed on investor sentiment. A run of soft U.S. economic data continued on Friday after monthly figures showed the labour market created fewer jobs than expected last month, in the first payrolls report capturing former U.S. President Donald Trump’s policies.

Subscribe to enjoy similar stories. Washington and Beijing have begun discussions about a potential “birthday summit" in June in the U.S. between President Trump and Chinese leader Xi Jinping, according to people familiar with the matter.

Subscribe to enjoy similar stories. THE SELL-OFF shows no sign of stopping. America’s S&P 500 index dropped by another 3% on March 10th, leaving the world’s most watched stockmarket down by almost 9% since its peak last month.

United States President Donald Trump’s tariff war has become a complicated roller coaster of international trade disputes.

President Donald Trump has spoken of tariffs as a job-creating behemoth.

Howard Lutnick has been appointed as new US Commerce Secretary by US President Donald Trump. Lutnick, a strong advocate of tariffs, will play a central role in President Donald Trump’s trade strategy, working closely with the US Trade Representative’s office. His appointment aligns with the administration’s ongoing tariff policies targeting China, Canada, and Mexico. While some duties have been temporarily paused for negotiations, steel and aluminum tariffs are set to take effect on March 12.

Subscribe to enjoy similar stories. Thousands of U.S. companies opened for business on Friday with no idea whether they had to pay tariffs.