Reported 9 days ago
Ray Dalio, the founder of the world's largest hedge fund, has urged for a U.S.-China trade deal to address tariffs, emphasizing that reducing the U.S. deficit to 3% of GDP should be the next goal for President Trump's administration. He praised Trump's shift towards negotiation to alleviate economic imbalances, following Trump's surprising announcement to temporarily cut tariffs while increasing pressure on China.
Source: YAHOO
Reported 9 days ago
Waymo, Alphabet's self-driving division, announced it will begin data collection in Tokyo next week using 25 driver-operated electric Jaguar I-PACE vehicles. This marks Waymo's first testing of its autonomous vehicles on public roads outside the USA, aiming to understand Tokyo's unique driving conditions. The tests will be conducted in partnership with Japanese taxi company Nihon Kotsu. After mapping key areas, the company intends to proceed to autonomous driving tests.
Source: YAHOO
Reported 9 days ago
U.S. stock futures indicated slight losses after a historic rally sparked by President Trump's announcement to pause significant tariff hikes for 90 days. The S&P 500 enjoyed its best day since 2008, while the Dow saw a nearly 3,000-point increase. Despite this temporary relief, Trump intensified tariffs on Chinese imports, raising concerns about future economic implications.
Source: YAHOO
Reported 9 days ago
Chinese sellers on Amazon are considering raising prices or leaving the U.S. market due to significant tariff increases imposed by the Trump administration, which could lead to unsustainable business conditions. With tariffs rising to 125%, many sellers are adapting by increasing their prices or seeking new markets, as the current environment threatens profitability and could result in a spike in unemployment in China.
Source: YAHOO
Reported 9 days ago
China's consumer prices experienced a decline for the second consecutive month in March, with factory-gate deflation intensifying, largely due to escalating trade tensions with the U.S. The consumer price index fell 0.1% year-on-year, unable to meet forecasts, while the producer price index dropped 2.5%. Growing unemployment and trade challenges have raised calls for government stimulus, as the economy struggles to balance budding retail growth against export difficulties.
Source: YAHOO
Reported 9 days ago
Top tech executives who donated to President Trump and supported his inauguration are now seeing their companies lose billions in value due to his tariff policies. As a result, the net worth of influential figures like Mark Zuckerberg, Elon Musk, and Jeff Bezos has drastically declined, with losses amounting to nearly $1.8 trillion among key tech firms since the beginning of 2025. Analysts warn of significant challenges ahead for the tech sector, with Trump's increased tariffs impacting supply chains and consumer spending.
Source: YAHOO
Reported 10 days ago
Donald Trump's social media post declaring it a 'great time to buy' came just hours before he announced a 90-day pause on tariffs, leading to a significant stock market surge. The S&P 500 rose by 9.5%, recovering $4 trillion in value. However, this raises questions about the legality of his timing and potential insider trading manipulation, as Trump's comments coincided with a notable increase in shares for his media company. Critics suggest that while such behavior in previous administrations may have sparked investigations, it is now unlikely to elicit any official response.
Source: YAHOO
Reported 10 days ago
On April 10, China will implement a total of 84% tariffs on U.S. imports, escalating trade tensions. Economic data including March's Consumer Price Index (CPI) will be released, with expectations of a slowdown in total CPI to 0.1%. Additionally, insights from Federal Reserve officials, notably from Governor Michelle Bowman, are anticipated throughout the day, as well as earnings reports from CarMax.
Source: YAHOO
Reported 10 days ago
President Donald Trump announced that a potential deal to divest TikTok's U.S. assets is still 'on the table', despite holding the agreement recently. He mentioned that an extension has been granted to the Chinese company ByteDance to complete the divestiture by June 19, while several U.S. Senators expressed legal concerns about the deal. The path forward, however, depends on navigating U.S.-China relations and securing necessary approvals.
Source: YAHOO
Reported 10 days ago
President Trump has unexpectedly suspended tariffs he imposed just hours earlier, leading to a surge in the stock market but confusion among businesses regarding trade policies. While the 90-day suspension aims to facilitate negotiations with multiple countries, companies are struggling to navigate the shifting landscape of trade regulations. This uncertainty, exacerbated by Trump's aggressive trade tactics, is resulting in layoffs and investment delays as firms attempt to adapt to the unpredictable economic environment.
Source: YAHOO
Reported 10 days ago
U.S. stock markets experienced a historic rally on Wednesday after President Trump announced a temporary pause on most tariffs, leading the S&P 500 to rise by 9.5%. This announcement alleviated fears of an impending recession due to the ongoing trade war, with major indices like the Dow Jones and Nasdaq also posting significant gains. Despite the positive day, concerns remain about the uncertainty of the trade conflict, especially with rising tariffs on China, prompting analysts to remind investors of the risks of market timing.
Source: YAHOO
Reported 10 days ago
U.S. stock futures fell on Thursday following a historic rally triggered by President Trump's decision to pause significant tariff hikes on trading partners. While the Dow, S&P 500, and Nasdaq indices surged previously, futures for these indexes have since dropped, reflecting investor concerns regarding the ongoing U.S.-China trade battle and its potential economic impacts. Economic data, including the Consumer Price Index for March, is expected to provide further insights amidst this volatility.
Source: YAHOO
Reported 10 days ago
U.S. President Donald Trump expressed his disapproval of Nippon Steel's $14 billion bid for U.S. Steel Corp, asserting that he does not want the American steel company to go to Japan. Despite earlier indications from his administration suggesting the possibility of approving the deal, Trump's comments caused U.S. Steel's shares to drop significantly. The future of the acquisition remains uncertain as ongoing legal challenges and national security reviews complicate the situation.
Source: YAHOO
Reported 10 days ago
The March Consumer Price Index (CPI) report, set to be released, is anticipated to be the last indication of easing inflation for investors, as recent tariff policies from President Trump could alter price growth trends. While annual inflation is expected to show a slight slowdown, core inflation remains high due to persistent costs in housing and services. Analysts suggest that the changing trade environment may trigger renewed inflationary pressures, keeping the Federal Reserve cautious about interest rate adjustments.
Source: YAHOO
Reported 10 days ago
Constellation Brands, the maker of Corona beer, has forecasted its fiscal 2026 profit to fall below analysts' expectations, attributing this to tariffs imposed by the Trump administration on beer imports. The company anticipates an adjusted profit per share between $12.60 and $12.90, significantly lower than the $13.97 forecast. Additionally, Constellation has lowered medium-term net sales projections and announced the sale of some wine brands amid declining demand in the spirits market.
Source: YAHOO
Reported 10 days ago
Recent developments in President Trump’s healthcare policy reveal significant shifts, particularly with a 5.1% increase in Medicare Advantage plan payments, benefiting insurers with a projected $25 billion in additional revenue. In addition, Trump announced upcoming tariffs on pharmaceuticals, raising concerns about their impact on drug availability. Meanwhile, Dr. Mehmet Oz, the new head of CMS, suggests that artificial intelligence could play a role in healthcare delivery, although opinions vary on its effectiveness compared to human doctors.
Source: YAHOO
Reported 10 days ago
President Trump has declared a 90-day pause on reciprocal tariffs, surprising investors and raising questions about the implications for the market. While some EU tariffs are being reduced, tariffs on China have increased significantly. Conflicting messages from the administration have contributed to uncertainty among investors and the GOP.
Source: YAHOO
Reported 10 days ago
The S&P 500 surged 9.5% on Wednesday, marking its biggest one-day gain since October 2008, after President Trump announced a 90-day pause on most tariffs. This rally comes after a significant drop in the stock market due to unexpected tariff increases. The Nasdaq Composite soared 12.2%, while the Dow Jones rose 7.8%. Market analysts suggest that this rebound could relieve some pressure for upcoming earnings reports, though uncertainty remains about the future of tariffs.
Source: YAHOO
Reported 10 days ago
Retail stocks surged after President Trump announced a 90-day pause on higher tariffs for countries not retaliating against the US, benefiting key suppliers in the apparel sector. Notable increases were seen in companies like Nike, which rose 11%, and Walmart, which increased by 9.5%. This development offers some relief amid uncertainties in global supply chains and trade negotiations, particularly as retailers navigate the evolving tariff landscape.
Source: YAHOO
Reported 10 days ago
The House voted to repeal a Biden-era rule that capped bank overdraft fees at $5, allowing banks to continue charging higher fees. This decision, which follows similar action in the Senate, passed with a narrow margin of 217-211 and will be sent to President Trump for approval. Republicans argue that the regulation would harm banks' ability to provide overdraft protection and lead consumers to less regulated lending options, while Democrats claim it would protect consumers from excessive fees.
Source: YAHOO
Reported 10 days ago
Small U.S. railroads are focusing on securing the 45G tax credit and addressing truck weight limits as they seek federal support. The proposed bipartisan bill aims to increase the tax credit to $6,100 per mile, a significant jump from its longstanding rate, and expand qualified expenditures. Despite challenges, including a 40% turnover in Congress and a funding cut for CRISI grants, the American Short Line and Regional Railroad Association remains hopeful for advocacy outcomes, particularly during their upcoming lobbying efforts on Capitol Hill.
Source: YAHOO
Reported 10 days ago
UBS analysts suggest that real estate investment trusts (REITs) are likely to continue outperforming the S&P 500, citing their defensive nature and insulation from tariffs. Since March, REITs have shown about 4% higher returns than the broader market. Stability is expected in REITs with triple net leases and those managing single-family homes, while industrial and retail properties may face challenges due to tariffs and potential consumer slowdowns.
Source: YAHOO
Reported 10 days ago
U.S. President Donald Trump announced a temporary 90-day pause on certain tariffs affecting a majority of global trading partners while simultaneously increasing tariffs on Chinese goods to 125%. This decision, made in response to recent market volatility, allows for negotiations to potentially reduce trade barriers. Key goods from many countries will face a 10% import tariff instead of the higher rates, while previous tariffs on steel, aluminum, and autos remain intact, and specific sectors like pharmaceuticals may face future tariffs.
Source: YAHOO
Reported 10 days ago
On April 9, 2025, President Trump announced a 90-day pause on tariffs and reduced levies, resulting in a monumental rally on Wall Street. The S&P 500 experienced its best day since 2008, soaring by 9.6%, while the Nasdaq rose by 12.2%. The market saw an influx of nearly $4 trillion, indicating both relief and potential future volatility as trade tensions with China continue.
Source: YAHOO
Reported 10 days ago
Donald Trump surprised markets by declaring a 90-day pause on reciprocal tariffs for most countries, excluding China, stating that people were feeling 'yippy' and 'afraid' amid market unrest. This decision, which resulted in a significant rise in the S&P 500, aims to create tailored solutions with over 75 countries willing to negotiate, while maintaining heightened tariffs on China and certain industries.
Source: YAHOO