tariffs

Tom Lee, the Head of Research at Fundstrat Global Advisors, isn’t buying this narrative of “America in decline” or the “end of American exceptionalism” that is gaining steam in recent weeks. What Happened: Lee said on Monday that he is not in the same camp as those who...

Federal Reserve Governor Christopher Waller predicts a brief inflation spike as a result of President Donald Trump‘s tariffs, comparing the situation to the contentious “tush push” football play. What Happened: Waller expressed his views in a policy speech in St. ...

After reporting better-than-expected first quarter results, Goldman Sachs Group Inc. (NYSE:GS) highlighted in its earnings call that the bank navigated the market volatility with record equity revenue and warned about “material risks” to the U.S. and global economies amid the ongoing...

Amid the ongoing U.S.-China trade war, Chinese President Xi Jinping has embarked on a diplomatic tour of Southeast Asia, advocating for free trade and unity against “unilateral bullying.” What Happened: Xi Jinping reached Vietnam on Monday, marking the beginning of his diplomatic tour...

Five American small businesses have filed a federal lawsuit against President Donald Trump, accusing him of abusing powers to impose trade taxes under the guise of a national emergency, despite no such emergency existing. The companies submitted the complaint on Monday to the U.S. Court of...

Goldman Sachs Group, Inc. (NYSE:GS) on Monday reported its first-quarter global banking and markets division revenue rose 10% to $10.71 billion, driven higher by blockbuster equity trading revenue. However, CEO David Solomon warned of uncertainty and potential turbulence ahead on the company's...

A new report highlights the growth of several automotive brands, as Tesla Inc. (NASDAQ:TSLA) saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the...

Despite recent moves by President Donald Trump to ease tariff pressure, recession expectations for the U.S. economy remain elevated, with betting markets still pricing in a greater-than-even chance of an economic contraction in 2025. As of April 14, on the CFTC-regulated prediction platform Kalshi...

Nio Inc. (NYSE:NIO) shares traded higher on Monday after President Donald Trump and his administration announced that electronics are exempt from the 145% reciprocal tariffs on Chinese goods. The Details: According to the New York Post, the announcement exempts electronics like smartphones, laptops...

Bank of America (NYSE:BAC), one of the larger companies reporting financial results this week, could provide a barometer for the health of the financial sector when it reports before the market opens on Tuesday. Earnings Estimates: Analysts expect Bank of America to report first-quarter revenue of...

Tariff uncertainty has “paralyzed” households and businesses across America, according to Former Treasury Secretary Janet Yellen. What To Know: The SPDR S&P 500 (NYSE:SPY) has recently seen increased volatility due to continued tariff uncertainty. The Trump administration’s...

Apple Inc (NASDAQ:AAPL) topped global smartphone sales in the first quarter with a 19% share, helped by the iPhone 16e launch and continued expansion in emerging markets, Counterpoint Research noted on Monday. Strong sales growth in markets like Japan and India helped. Samsung Electronics Co...

Ark Invest CEO Cathie Wood brushed off concerns that President Donald Trump's tariff policies could cause economic and geopolitical disaster in a weekend note on the high volatility the stock market saw last week. What Happened: Wood regularly comments on Ark portfolio names with 15% weekly moves,...

President Donald Trump’s rising trade tariffs are rocking financial markets, testing the dollar’s supremacy and shaking Treasury yields. Although Wall Street experienced a midweek rally, investor mood turned sour soon after China hit back with steep counter-tariffs. In the midst of...

A new report from Redfin Corp. (NASDAQ:RDFN) released Monday showed that rents remained relatively stable last month. However, economists warned that President Donald Trump's tariffs could put upward pressure on the rental market.  The Details: According to the Redfin report, the median U.S. asking...