Reported 11 days ago
Recent market movements show a volatile reaction to President Trump's tariff decisions, initially causing a significant drop in stock prices before a brief surge fueled by a false rumor of tariff delays. Analysts suggest that this momentary optimism offers Trump a chance to regain favor by reconsidering his approach, as market uncertainty continues to grow ahead of earnings season and in light of conflicting messages from the administration regarding trade negotiations.
Source: YAHOO
Reported 11 days ago
Patrick Fuchs, the newly appointed chairman of the Surface Transportation Board, aims to transform the agency into a more efficient body that promotes rail competition and growth. He emphasizes increasing accountability and decision-making speed, reducing bureaucratic barriers, and fostering transparency in regulatory processes. Fuchs believes that collaboration with the rail industry and streamlined operations will improve service and support competition against other transport modes, such as trucking.
Source: YAHOO
Reported 11 days ago
Economist Nouriel Roubini forecasts that the US economy will avoid a recession in 2025, despite concerns regarding tariffs and market volatility. He urges traders to be cautious in betting on interest rate cuts by the Federal Reserve, suggesting that President Trump's trade tactics will ultimately yield to market pressures. While some market analysts predict significant downturns, Roubini believes rising inflation and trade tensions will influence investment strategies, especially in bonds and inflation-protected assets.
Source: YAHOO
Reported 11 days ago
U.S. Trade Representative Jamieson Greer announced that not all proposed fees for Chinese-built ships docking at U.S. ports will be enacted, as they were intended to encourage domestic shipbuilding. During a Senate hearing, Greer acknowledged extensive feedback from industry stakeholders and underscored the need to balance shipbuilding incentives without harming the economy. Some stakeholders believe the fee structure could lead to significant operational challenges, with concerns raised by agricultural and energy sectors, while the final implementation may be delayed until November.
Source: YAHOO
Reported 11 days ago
Bank of America analysts suggest that Apple's recent stock decline due to tariffs could be a chance for investors to buy at a lower price. Despite significant tariffs affecting its main manufacturing in China, Apple has options to reduce risks, such as sourcing from India. The analysts maintain a 'buy' rating, emphasizing Apple's strong cash flow and potential growth from AI advancements.
Source: YAHOO
Reported 11 days ago
Boeing reported higher than expected deliveries for the first quarter, with 130 commercial airplanes and 26 defense and space crafts delivered. This increase follows a period of slowed production due to safety investigations and a strike in the previous year. Despite a low stock value lately caused by tariff concerns, analysts forecast a significant increase in deliveries throughout 2025.
Source: YAHOO
Reported 11 days ago
In a turbulent trading session, US stocks plummeted as the White House confirmed the implementation of a 104% tariff on Chinese imports, effective immediately. The Dow Jones dropped over 300 points while the S&P 500 and Nasdaq reversed earlier gains, raising concerns of a potential bear market. This volatility follows recent high fluctuations in trading and significant warnings from major financial figures regarding the economic impact of tariffs. As tensions escalate, China has vowed to 'fight to the end' against the US's tariff measures.
Source: YAHOO
Reported 11 days ago
San Francisco Federal Reserve Bank President Mary Daly emphasized the importance of proceeding slowly and carefully with monetary policy, stating there is no immediate need to cut interest rates as the economy and labor market remain strong. Despite concerns about potential inflation from recent tariffs announced by President Trump, Daly highlighted the Fed's ability to maintain a steady approach while businesses stay optimistic in the face of uncertainty.
Source: YAHOO
Reported 11 days ago
Brazil's telecommunications regulator, Anatel, has authorized SpaceX to add 7,500 new Starlink satellites to its operations, increasing the total from 4,408. This move aims to enhance internet accessibility in the country, alongside a review of Brazil's regulatory framework to address issues of market regulation and sustainability.
Source: YAHOO
Reported 11 days ago
In a discussion led by Wealth host Brad Smith, Redfin's chief economist Daryl Fairweather explores essential insights for prospective homebuyers regarding mortgage options. Key points include the choice between fixed-rate and adjustable-rate mortgages, understanding the differences between 15-year and 30-year terms, and the importance of shopping around for lenders. Fairweather advises on the impact of down payments and highlights the nuances between purchasing new construction versus existing homes when negotiating loan rates.
Source: YAHOO
Reported 11 days ago
Gallatin AI, a defense technology startup founded in 2024, has raised $15 million in seed funding led by 8VC to enhance military logistics through artificial intelligence. The company aims to improve the efficiency of supply chain decisions amidst growing vulnerabilities in military operations. Its main product, Navigator, integrates real-time data and AI to optimize resupply workflows, ensuring troops are adequately equipped. As Gallatin AI expands its team and technology development, it seeks to bridge the gap between commercial innovations and military needs.
Source: YAHOO
Reported 11 days ago
The US Supreme Court has temporarily backed President Trump's initiative to fire thousands of federal workers, overriding a previous court order that demanded the reinstatement of employees across six government departments. This decision enables Trump to continue his efforts to reorganize federal agencies, despite opposition from workers' unions, which argue that the firings were unlawful and detrimental to essential services.
Source: YAHOO
Reported 11 days ago
Apple's stock fell nearly 5% on April 8, 2025, after the Trump administration confirmed a drastic increase in tariffs on Chinese goods, now set at 104%. Investors reacted negatively to this news, reversing earlier gains and raising concerns about potential impacts on Apple's profit margins since the company heavily relies on manufacturing in China. Analysts predict significant long-term challenges for Apple if tariffs remain high.
Source: YAHOO
Reported 11 days ago
Bitcoin experienced a decline in trading on Tuesday, dropping to around $77,000 from earlier highs of $80,000. This decrease comes as investors assess trade policies from the Trump administration, contributing to a general downturn in risk assets. Several cryptocurrency-related stocks also fell, with companies like MicroStrategy and Coinbase seeing losses of nearly 5% and 2% respectively.
Source: YAHOO
Reported 11 days ago
According to the National Retail Federation, U.S. Easter spending is projected to rise by approximately 5% this year, reaching around $23.6 billion, despite ongoing concerns about high inflation and economic instability. Consumers are expected to prioritize traditional Easter celebrations, with significant expenditures on food, gifts, and candy, although rising egg prices due to supply issues have impacted certain aspects of Easter shopping. Retailers like Target and discount stores are anticipated to be popular shopping destinations for this holiday.
Source: YAHOO
Reported 11 days ago
Traders are increasingly betting that the Federal Reserve will begin lowering interest rates as early as May, following the announcement of new tariffs on Chinese imports, which could further strain the economy. Their predictions now suggest a 56% likelihood of a rate cut in May, up from 40% earlier, with expectations for at least four additional cuts by year-end.
Source: YAHOO
Reported 11 days ago
The U.S. administration is considering revising its proposed fees for Chinese-linked vessels visiting American ports following significant backlash from various industries, which argue that such fees could disrupt trade and economically harm businesses. Potential adjustments include delaying implementation and modifying fee structures to alleviate the financial burden on companies operating Chinese-built ships. The initial proposal aimed to deter China's maritime influence by introducing multimillion-dollar charges per port visit, but the concern over its impact on the global shipping supply, particularly in sectors like agriculture and coal, has prompted a reassessment of the plan.
Source: YAHOO
Reported 11 days ago
Former Treasury Secretary Lawrence Summers has warned that the U.S. is likely headed towards a recession, potentially resulting in 2 million job losses due to impending tariff increases. He emphasized that these policies could lead to significant household income losses and warned that current economic challenges are largely self-induced by government actions rather than external factors. Summers urged for a reconsideration of these policies, predicting dire consequences for both the U.S. and global economy if such tariff rates are implemented.
Source: YAHOO
Reported 11 days ago
Iran announced it will engage in high-level discussions with the US this weekend in Oman concerning its nuclear program, as confirmed by Iranian Foreign Minister Abbas Araghchi. This marks the first formal dialogue between the two nations since 2022. The talks are set to be indirectly mediated by Oman, with Iran emphasizing sanctions relief as its primary goal. Tensions continue to rise amid the backdrop of potential military actions from the US if diplomatic efforts falter.
Source: YAHOO
Reported 11 days ago
Preston Cherry, founder of Concurrent Wealth Management, shares strategies for thriving in volatile markets, emphasizing that the best market days often follow the worst. He advocates for opportunistic investing, maintaining flexibility, prioritizing earnings, and practicing caution with lifestyle spending to enhance long-term returns. Cherry highlights the importance of cash during uncertain times and advises not to panic but rather strategically manage portfolios.
Source: YAHOO
Reported 11 days ago
Meta CEO Mark Zuckerberg is urgently trying to persuade President Trump to halt an impending antitrust trial that could force a breakup of Meta's $1.3 trillion business. As the trial set to begin on April 14 looms, the Federal Trade Commission accuses Meta of violating antitrust laws by acquiring competitors like Instagram and WhatsApp instead of competing. Despite Zuckerberg's efforts, legal experts are skeptical about the possibility of a settlement, pointing to the extensive groundwork the FTC has laid for the trial.
Source: YAHOO
Reported 11 days ago
Italian Prime Minister Giorgia Meloni is set to visit the United States on April 17 to negotiate tariff relief directly with President Donald Trump, in coordination with the European Union. Meloni aims to secure concessions regarding tariffs on EU-US trade amid concerns over their impact on Italy's key export sectors. While Italy is prepared to potentially delay implementing counter-measures against US tariffs, European officials emphasize that such measures will proceed as planned. The outcome of Meloni's discussions with Trump could significantly influence Italy's economic interests.
Source: YAHOO
Reported 11 days ago
近日，油价首次低于每桶60美元，这主要是由于特朗普政府加大了与中国的贸易战，导致对全球需求增长的担忧加剧。美国拟对多种中国商品征收超过104%的关税，而中国则表示准备以贸易反制措施“斗争到底”。在此背景下，OPEC+意外增加了产量，进一步影响了油市平衡，市场预期油价将面临更多波动。
Source: YAHOO
Reported 11 days ago
Source: YAHOO
Reported 11 days ago
Embraer's CEO expressed concerns that newly imposed tariffs by President Trump will complicate operations and increase costs for the Brazilian jet manufacturer and its U.S. customers. The 10% tariffs, with rates potentially reaching 50%, are part of an effort to revitalize U.S. manufacturing and have prompted companies in the aerospace sector to reevaluate their contracts. Despite the tariffs, U.S. buyers of Embraer's jets may not face the full duty due to the high U.S. content in the aircraft.
Source: YAHOO