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Trade War Will Not Impact 'Growth Or Earnings Ahead,' Says Expert As China-US Hint At Initiating Negotiations
Wednesday, May 7, 2025 - 3:24am | 756Read More...Despite ongoing trade tensions between the U.S. and China, expert quotes the prevailing consensus that is anticipating minimal impact on future economic growth and corporate earnings. What Happened: This comes after the U.S. and China agreed to hold high-level trade talks in Switzerland this...
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UK, India Seal $34 Billion Free Trade Deal Amid Tariff Turmoil — As Trump Waits In The Wings
Wednesday, May 7, 2025 - 3:19am | 529Read More...The U.K. and India have concluded a free trade agreement after three years of intermittent negotiations, with the aim of boosting bilateral trade by $34 billion by 2040. What Happened: The deal between the world’s fifth and sixth largest economies comes in the wake of tariff chaos...
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FDA Expands Surprise Inspections At Foreign Drug And Food Facilities, Targets Double Standards In Overseas Manufacturing Oversight
Tuesday, May 6, 2025 - 3:21pm | 1195Read More...The U.S. Food and Drug Administration (FDA) announced its intent to expand the use of unannounced inspections at foreign manufacturing facilities that produce foods, essential medicines, and other medical products intended for American consumers and patients. This change builds upon the agency...
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Paul Tudor Jones Predicts Recession, New Market Lows, But His Past Bearish Calls In 2022, 2023 Missed Big Rallies
Tuesday, May 6, 2025 - 3:19pm | 743Read More...Billionaire hedge fund manager Paul Tudor Jones believes the U.S. economy is either in or near recession. He also expects stocks to fall to new lows this year, but he has made similar predictions multiple times in recent years and been wrong. What To Know: Jones predicted Tuesday morning on CNBC...
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Trump's Tariffs Hit Mattel's Barbies: Will Americans Pay 'A Couple Of Bucks More' As President Predicts?
Tuesday, May 6, 2025 - 11:19am | 994Read More...Toy company Mattel Inc (NASDAQ:MAT) beat analyst estimates for first-quarter revenue and earnings per share Monday. Attention now turns to the impact of President Donald Trump’s tariffs, with the company ready to raise prices ahead of Christmas. What Happened: Mattel posted first-quarter...
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Jittery Senate Republicans Urge USTR To Unveil Trade Deals One By One After Trump's Recession Comment: 'We Don't Necessarily Have A Lot Of Tolerance For Pain'
Tuesday, May 6, 2025 - 9:04am | 599Read More...Senate Republicans are showing increasing concern over President Donald Trump‘s comments hinting at the permanency of some of his tariffs. This comes despite the possibility of a short-term recession. What Happened: President Trump’s weekend comments on the economy and tariffs have...
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This CEO Disagrees With Warren Buffett's Tariff Stance, Says Calling Trade A 'Weapon' Gives It A 'Political Context:' 'There Are Smart Tariffs And There Are Stupid Tariffs'
Tuesday, May 6, 2025 - 7:28am | 664Read More...Mark Rowan, CEO of Apollo Global Management (NYSE:APO), has publicly disagreed with Warren Buffett’s perspective on tariffs and trade, viewing them as a strategic instrument rather than a “weapon”. What Happened: During an interview with Yahoo Finance at the Milken...
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US Stocks Likely To Open Lower After Snapping 9-Day Streak: 'Downside Could Be Limited Even In A Mild Recession,' Says Expert
Tuesday, May 6, 2025 - 5:37am | 1409Read More...U.S. stock futures fell on Tuesday after snapping a nine-day winning streak on the S&P 500 index. Futures of major benchmark indices were lower in premarket. After a remarkable 20-year high winning streak, the S&P 500 saw stocks decline on Monday. This reversal was triggered by two key...
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US Commerce Secretary Lutnick Skeptical Of Trade Deal With Canada's 'Socialist Regime' Ahead Of Trump-Carney Meeting: 'They've Been Basically Feeding Off Of Us For Decades Upon Decades..'
Tuesday, May 6, 2025 - 5:31am | 585Read More...Howard Lutnick, the U.S. Commerce Secretary, has voiced his concerns regarding the likelihood of a trade agreement with Canada ahead of a meeting between President Donald Trump and the newly elected Canadian Prime Minister Mark Carney on Tuesday. What Happened: On Monday, Lutnick...
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Hollywood Tariff Push Sparked By Trump-Jon Voight Meeting Where Actor Proposed Levies In 'Certain Limited Circumstances:' Report
Tuesday, May 6, 2025 - 3:55am | 629Read More...President Donald Trump‘s decision to levy a 100% tariff on foreign films resulted from a proposal by actor Jon Voight and his manager, Steven Paul. What Happened: Voight and his manager had a meeting with Trump and they submitted a “comprehensive plan”, following which,...
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Mike Pence Warns Trump's 'Indiscriminate' Tariffs Could Trigger 'Price Shock' And Potential Shortages: 'Keeping Our Kids' Toys Affordable...Is Part Of The American Dream'
Tuesday, May 6, 2025 - 3:07am | 667Read More...Former Vice President Mike Pence voiced his apprehensions about President Donald Trump‘s tariff policies, hinting at potential economic fallout and shortages. What Happened: Pence, during an interview with CNN’s Kaitlan Collins, expressed his belief that the broad-based tariffs...
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US Dollar Depreciation Is Cushioning 'The Impact Of Tariffs On Corporate Profits,' Says Expert
Tuesday, May 6, 2025 - 2:08am | 505Read More...As the U.S. dollar is trading 8.02% lower year-to-date, this expert believes that the dollar depreciation is fueling the “powerful tailwind for multinational earnings.” What Happened: According to Jeremy Siegel, a senior economist at WisdomTree, the U.S. dollar’s significant...
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Bill Ackman Says Inflation Has 'Largely Been Wrung Out,' Pushes For Temporary Pause On China Tariffs To Shield US Businesses
Tuesday, May 6, 2025 - 12:14am | 509Read More...Billionaire investor Bill Ackman believes inflation has largely been “wrung out of the economy” and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses. What Happened: The Pershing...
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Mattel Beats Q1 Estimates, Pauses Guidance Due To Tariffs, Plans Actions To Mitigate Cost Impacts
Monday, May 5, 2025 - 5:28pm | 471Read More...Mattel Inc (NASDAQ:MAT) reported financial results for the first quarter after the market close on Monday. Shares are moving lower after the company paused guidance. Here’s what you need to know. Q1 Earnings: Toymaker Mattel reported first-quarter revenue of $827 million, beating analyst...
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Lucid Q1 Earnings Preview: Lower-Priced Vehicles, Tariff Concerns, Market Share Gains From Tesla, Top Items To Watch
Monday, May 5, 2025 - 3:55pm | 569Read More...Lucid Group (NASDAQ:LCID) could highlight the launch of a lower-priced Lucid Gravity vehicle and share how tariffs impact the company when the electric vehicle company reports first-quarter financial results after the market closes on Tuesday. Here is a look at analyst earnings estimates and key...
















