{
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recession fears rise as trade tensions escalate and tariffs impact markets

As Wall Street faces increasing recession risks, JPMorgan's chief economist raised the likelihood to 40%, while Moody's chief economist increased it to 35%. The S&P 500, Nasdaq, and Dow Jones have been impacted by Trump's tariffs, which threaten $9.5 trillion in business, as retaliatory measures from affected nations loom. The Trump administration's trade policies continue to spark concerns about the stock market's stability and potential recession.
Quartz
United States Dollar JPMorgan Chase & Co. Moody's Corporation CHN USA CAN MEX Mark Zandi Larry Summers Donald Trump Show more
Finance & Economy, Market Report
16:27 17.03.2025

jes staley appeals ban over misleading ties to jeffrey epstein

Jes Staley, former CEO of Barclays, is contesting a ban imposed by the UK Financial Conduct Authority (FCA) after being fined $2.2 million for misleading regulators about his ties to Jeffrey Epstein. Staley, who claims he was unaware of Epstein's criminal history, will appeal the ban starting March 3, amid concerns from associates that the appeal may reveal more details about their relationship. The FCA's investigation uncovered over 1,100 emails between Staley and Epstein, contradicting his earlier statements about their connection.
Fortune
United States Dollar GBR USA Jeffrey Epstein Bernie Madoff Jes Staley Pam Bondi Larry Summers Show more
Regulatory & Legal, News Article
19:56 27.02.2025
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