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Trump Admin Exempts US Exporters From China-Built Ship Fees Amid Industry Pushback
Friday, April 18, 2025 - 12:46am | 507Read More...The Donald Trump administration has announced exemptions for domestic exporters and vessel owners from port fees on China-built ships, aimed at bolstering the U.S. shipbuilding industry and countering China’s maritime influence What Happened: According to a Reuters report, the Trump...
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Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy'
Thursday, April 17, 2025 - 10:32pm | 749Read More...Netflix Inc.'s (NASDAQ:NFLX) Co-CEO Greg Peters has reassured investors that the company remains confident in its low-cost ad plan, despite ongoing market volatility and concerns over a potential recession fueled by new tariffs. What Happened: On Thursday, during Netflix's first-quarter earnings...
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Finance Expert Warns Trump Tariffs Make Saving Crucial: He'll 'Light A Fire Through The Global Economy'
Thursday, April 17, 2025 - 3:47pm | 657Read More...Personal finance expert Ramit Sethi is sharing his tips and advice for investors in the wake of tariffs from President Donald Trump weighing on the markets and the minds of Americans. The author, best known for the book "I Will Teach You to Be Rich," recently said that increasing savings is one of...
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The $10K Handbag Hoax? TikTok's Trade War Puts Luxury ETFs In The Hot Seat
Thursday, April 17, 2025 - 3:44pm | 1092Read More...As geopolitical tensions between China and the U.S. rise and viral videos on TikTok expose layers of luxury supply chains, investors are facing a new type of reckoning: brand dilution by exposure. While some luxury brands are gearing up to pass the cost on to affluent customers, others may be at...
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Blackstone President Warns Of Recession Risk Tied To Trump's Tariffs
Thursday, April 17, 2025 - 12:48pm | 451Read More...Blackstone, Inc. (NYSE:BX) president Jonathan Gray cautioned on Thursday that ongoing uncertainty around President Donald Trump's tariff policies heightens the risk of a recession. What To Know: Gray, who oversees daily operations at the investment giant, warned that the longer global tariff...
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Trump Pressures Fed As ECB Delivers 7th Straight Rate Cut
Thursday, April 17, 2025 - 9:00am | 621Read More...The European Central Bank cut interest rates for the seventh straight time Thursday, lowering its key rate to 2.25% in a move anticipated by President Donald Trump, who seized the moment to launch a fresh attack on Fed Chair Jerome Powell. In a post published Thursday morning on Truth Social, Trump...
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Broadcom, Marvell, Synopsys: The Chips That Might Not Crumble In The Coming Storm
Thursday, April 17, 2025 - 8:34am | 805Read More...The semiconductor sector is bracing for a shakeup, and JPMorgan’s Harlan Sur isn't mincing words. "Expect in-line results but tariff/trade related dynamics to drive weaker 2Q/2H25 and negative earnings revision cycle." That's Wall Street-speak for buckle up – it's about to get bumpy....
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US Stocks Likely To Open Higher Ahead Of Festive Weekend: 'Current Equity Levels Offer An Attractive Entry Opportunity'
Thursday, April 17, 2025 - 6:15am | 1946Read More...U.S. stock futures rose on Thursday ahead of the long weekend, with Good Friday falling on April 18 and Easter Sunday on April 20. Futures of major benchmark indices were higher in premarket. Federal Reserve Chairman Jerome Powell dismissed the possibility of a “Fed put” in the near...
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Not Buying A New Car? You May Still Pay An Extra $300 Due To Trump's Auto Tariffs: Here's More
Thursday, April 17, 2025 - 5:56am | 507Read More...President Donald Trump's auto tariffs are expected to drive up car insurance and repair costs, affecting even drivers who aren't buying new vehicles.What Happened: Trump’s 25% tariffs on imported vehicles are slated to extend to foreign-made auto parts by May 3. Despite hints of...
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Alcoa Warns Tariffs Could Cost $425 Million Annually: 'This Is The Most Material Impact' Says CEO
Thursday, April 17, 2025 - 5:18am | 671Read More...Alcoa Corp. (NYSE:AA), the largest aluminum producer in the United States, reported $20 million in additional costs during its first quarter, stemming from newly imposed tariffs on Canadian aluminum imports last month. What Happened: During its first quarter earnings call on Wednesday, Alcoa’...
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Trump Tariffs Could Force Ford To Hike Prices Of Its Vehicles In US Days After It Extended Employee Pricing To All Customers
Thursday, April 17, 2025 - 3:26am | 547Read More...Ford Motor Co. (NYSE:F) has indicated that it may hike vehicle prices amid uncertainty about the Donald Trump administration's tariffs on the auto industry. What Happened: In a memo sent to dealers across the country on Wednesday, the Michigan-based auto giant said it may raise prices of its...
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Trump Administration Sees The Conflict Between US Chip Goals And Tariffs, Says Nvidia-Supplier ASML's CFO
Thursday, April 17, 2025 - 3:03am | 855Read More...On Wednesday, Roger Dassen, CFO of ASML Holdings NV (NASDAQ:ASML), a lithography equipment supplier to Nvidia Corp. (NASDAQ:NVDA), acknowledged the contradiction between the U.S. government encouraging domestic chip manufacturing and imposing tariffs on crucial manufacturing tools. What Happened:...
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California Becomes The First State To Sue Trump Over 'Unlawful' Tariff Regime Seeking To Declare It 'Null And Void': 'Global Trade Policy Is Not Just A Game'
Thursday, April 17, 2025 - 2:49am | 609Read More...California has launched a lawsuit against President Donald Trump, seeking to put an end to his extensive tariff regime, which the state feels is being illegally implemented. What Happened: On Wednesday, California became the first state to legally challenge the Trump administration’s...
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Trump Joins Japan Tariff Talks, Calls Progress 'Big' As $63 Billion Trade Surplus Looms
Thursday, April 17, 2025 - 2:42am | 415Read More...President Donald Trump joined preliminary tariff negotiations with Japanese officials on Wednesday, calling the discussions a “great honor” and claiming “big progress” as the two economic powers navigate contentious trade issues. What Happened: Japan, facing a 10% baseline...
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Nvidia Says It Follows US Government Instructions On What It Can Sell And Where Amid Trade War Escalation With China
Wednesday, April 16, 2025 - 11:41pm | 587Read More...On Wednesday, Nvidia Corporation (NASDAQ:NVDA) responded to a national security investigation, defending its compliance with U.S. export rules following the escalated restrictions on AI chip sales to China. What Happened: In a statement issued on Wednesday, the company addressed a House Select...















