tariffs

U.S. stock futures jumped on Thursday after ending lower on Wednesday. Futures of major benchmark indices rose over 1% in premarket. A federal court has invalidated global tariffs enacted by President Donald Trump under the International Emergency Economic Powers Act, a move that could reshape...

China has called on the United States to entirely withdraw the unilateral tariff measures that a U.S. federal court recently blocked. What Happened: The Xi Jinping-led nation has requested the United States to “fully cancel the wrongful unilateral tariff measures,” as per...

Polymarket bettors profited handsomely after a federal court struck down President Donald Trump's "Liberation Day" tariffs on Wednesday. What happened: The betting contract titled, "Will courts block Trump’s tariffs before June?" resolved to "Yes" on the decentralized prediction platform. The...

Market observers on X are taking note of the disconnect seen in U.S. Treasuries, as a major shift in trade and tariff policies overnight does little to slow the rising yields. What Happened: In a post on X on Wednesday, The Kobeissi Letter highlighted the surge in U.S. 10-Year Treasury yields,...

After reporting a better-than-expected first quarter, American lifestyle retailer Abercrombie & Fitch Co.’s (NYSE:ANF) management hinted at absorbing the tariff impact and announced plans to open 100 new “physical experiences” in 2025. What Happened: Company CEO Fran Horowitz...

Editor’s Note: This story has been updated to include the latest details A federal court struck down global tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act on Wednesday. This ruling could significantly impact the administration’s...

Retailer Costco Wholesale Corporation (NASDAQ:COST) could provide a look at consumer spending and tariffs when the company reports third-quarter financial results Thursday after market close. Here is a look at the analyst estimates, what analysts are saying before the results and key items to watch...

Rising tariffs could reignite inflation while shifts in global investor confidence may undermine the U.S. dollar's safe-haven status, according to the Federal Reserve's May meeting minutes, which reflect growing concern over lasting economic headwinds. Tariffs And Inflation: A Risky Combination...

A global equity index that excludes U.S. companies has broken above levels last seen before the 2008 financial crisis, marking a key technical breakout and posing a direct challenge to the long-standing American market dominance known as the “U.S. exceptionalism trade.” Between...

Macy’s Inc. (NYSE:M) on Wednesday revised its annual outlook on initial and current tariffs, some moderation in consumer discretionary spending, and a heightened competitive promotional landscape. Macy’s lowered fiscal 2025 adjusted earnings per share from $2.05-$2.25 to $1.60-$2....

Malaysia has made it clear that it will not be picking sides in the ongoing tech war between the U.S. and China. The country’s Minister of Home Affairs, Saifuddin Nasution bin Ismail, emphasized that Malaysia will continue to work with both superpowers. What Happened: Saifuddin, speaking at...

President Donald Trump's efforts to revive domestic manufacturing via tariffs are unlikely to generate a significant number of new jobs, according to experts from Wells Fargo. While the policy aims to bring industrial activity back to the U.S., they say the calculations do not add up. What Happened...

Apple Inc. (NASDAQ:AAPL) accelerated its manufacturing pivot from China to India as U.S. iPhone shipments from the country jumped 76% year-over-year in April, reaching 3 million units. What Happened: India’s iPhone exports to the U.S. soared 76% in April compared to the same period last year...

Retailer DICK's Sporting Goods (NYSE:DKS) could provide more details of its planned acquisition of Foot Locker, Inc. (NYSE:FL) when the company reports first-quarter financial results before market open Wednesday. Here are the analyst estimates, what analysts are saying after the acquisition was...

Apple Inc.’s (NASDAQ: AAPL) stock continues to be pressured by tariff deals and the impact of imports from China and India. A leading analyst sizes up the latest trade talks for the technology giant. The Apple Analyst: Wedbush analyst Dan Ives maintained an Outperform rating on Apple with a $...