April 7, 2025 - 09:46
Bill Ackman, a prominent hedge fund manager known for his previous support of Donald Trump's presidency, is expressing serious concerns regarding the administration's escalating tariff policies. In a recent social media post, Ackman highlighted the potential fallout from a global trade war, which he believes could lead to a devastating impact on businesses and disproportionately affect low-income American consumers.
Ackman argues that the current trajectory of tariff increases could result in what he terms an "economic nuclear winter." He emphasizes the importance of fostering a stable economic environment and encourages business leaders to reconsider their faith in the administration's approach. To mitigate the risks associated with ongoing trade tensions, Ackman advocates for a temporary halt on tariff hikes, allowing room for negotiations that could avert long-term damage to the U.S. economy.
As the situation evolves, Ackman's warnings resonate with many who fear the implications of a trade war on both domestic businesses and consumers alike.
June 20, 2025 - 09:40
A Change of Heart: Choosing Not to Pursue an MBA in the USWhen he started considering business schools, his family and friends assumed he would opt for the US. Growing up in Asia, the allure of prestigious American institutions was strong, and many...
June 19, 2025 - 17:58
Francini Inc. Delays Development Plans at Blue Clay Business ParkThe first company to acquire land in New Hanover County`s Blue Clay Business Park, Francini Inc., has announced a temporary halt to its development plans. Sean Banester, the company`s location...
June 19, 2025 - 05:56
Economic Pressures Mount in U.S. and Arkansas Amid Tariff UncertaintyU.S. and Arkansas economic growth continues to slow with fewer jobs added this year and the cost of living rising with inflation on essentials like food and shelter. Experts indicate that ongoing...
June 18, 2025 - 18:47
Business Insider Welcomes Kim Last as Editorial Director of BI LiveIn a significant leadership change, Kim Last has been appointed as the Editorial Director of BI Live. This strategic move is expected to enhance the platform`s editorial direction and strengthen...