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Wall Street Rises as US-China Trade Tensions Ease
Business News

Wall Street Rises as US-China Trade Tensions Ease

The cheerful tones on the US stock exchange continued on Wednesday. All leading indices closed on plus after indications of a cooling trade conflict with China
Boeing's Loss Narrows as China Halts Aircraft Orders
Business News

Boeing's Loss Narrows as China Halts Aircraft Orders

Crisis-stricken Boeing's loss narrows, shows quarterly report. But tariffs pose a new threat
Tesla Revenue Drops 20% Amid Lower Sales and Market Challenges
Business NewsTop News

Tesla Revenue Drops 20% Amid Lower Sales and Market Challenges

The electric car manufacturer Tesla did not live up to expectations in its quarterly report on Tuesday evening. The revenue from car sales has plummeted 20 percent
US Stocks and Dollar Tumble as Tech Giants Face Sharp Declines
Business News

US Stocks and Dollar Tumble as Tech Giants Face Sharp Declines

The stock market in New York and other American assets fell sharply on Monday as investors desperately sought safer havens. The major tech companies – and the dollar – had another bad day
Inflation and Unemployment Concerns Rise Among U.S. Households
Business News

Inflation and Unemployment Concerns Rise Among U.S. Households

Concern about inflation and unemployment increased among American households in March. This is shown by a consumer survey by the New York regional central bank, reports CNBC
Fed's Waller: Inflation from Tariffs Expected to Be Temporary
Business News

Fed's Waller: Inflation from Tariffs Expected to Be Temporary

Price increases in the wake of import tariffs will be "temporary" and "transitory". This is stated by Christopher Waller, one of the members of the US central bank Federal Reserve's (Fed) board of directors, reports CNBC
Dina Powell McCormick Joins Meta's Board, Strengthening GOP Ties
Business News

Dina Powell McCormick Joins Meta's Board, Strengthening GOP Ties

Dina Powell McCormick, former advisor to the President of the United States Donald Trump, takes a seat on the board of Meta, the owner of Facebook, reports CNBC.
Americans' confidence in the economy drops
Business News

Americans' confidence in the economy drops

Consumers in the USA continue to lose confidence in the American economy, according to the monthly Michigan index. And they see rising prices and higher inflation than in over 40 years ahead of them, following the president's tariff shock
EU Halts Retaliatory Tariffs on US for 90 Days, Seeks Negotiations
Business News

EU Halts Retaliatory Tariffs on US for 90 Days, Seeks Negotiations

The EU is putting its retaliatory tariffs against the USA on hold for three months – but continues to plan for more. "If negotiations are not successful, our countermeasures will come into force", warns Commission President Ursula von der Leyen
Wall Street Soars as Trump Pauses Tariffs, Tech Stocks Lead Gains
Business NewsTop News

Wall Street Soars as Trump Pauses Tariffs, Tech Stocks Lead Gains

The New York stock exchange's broad S&P 500 index rose 9. 5 percent on Wednesday, the largest increase in a single day since 2008
Delta Scraps 2025 Forecast Citing Trade War Uncertainty
Business News

Delta Scraps 2025 Forecast Citing Trade War Uncertainty

The American airline Delta Air Lines is scrapping its full-year forecast for 2025 and stopping expansion plans due to all the uncertainty created by the trade war started by the Trump administration. Wrong way to go, says CEO Ed Bastian, about the tariff shock from the White House
Musk Criticizes Trump's Trade Advisor Navarro as a Moron
Business News

Musk Criticizes Trump's Trade Advisor Navarro as a Moron

It's storming within Donald Trump's inner circle. Elon Musk is launching a harsh attack on Peter Navarro, trade advisor to the President of the USA
Finance Minister Bessent: US to Prioritize Talks with Non-Tariff Nations
Business News

Finance Minister Bessent: US to Prioritize Talks with Non-Tariff Nations

White House Dismisses Reports of Trump Tariff Pause as Fake News
Business NewsTop News

White House Dismisses Reports of Trump Tariff Pause as Fake News

The White House press secretary says that reports of President Donald Trump considering a tariff pause are "fake news", reports CNBC.
Wall Street Leaders Criticize Trump's Tariff Strategy
Business News

Wall Street Leaders Criticize Trump's Tariff Strategy

The major bank JP Morgan Chase's CEO Jamie Dimon warns of inflation in the USA and setbacks for growth following President Donald Trump's massive tariff package. The tariffs are also criticized as "a mistake" by Trump supporter and hedge fund billionaire Bill Ackman
EU Considers Tariffs on US Goods: Alcohol, Tech, and More at Risk
Business News

EU Considers Tariffs on US Goods: Alcohol, Tech, and More at Risk

The EU is considering how to respond in the trade war. Among the union's weapons is a nearly 100-page long list of American goods that can be targeted
Stellantis Halts Canada and Mexico Production Over US Tariffs
Business News

Stellantis Halts Canada and Mexico Production Over US Tariffs

US Stock Market Tumbles as Tariffs Hit Tech Giants
Business NewsTop News

US Stock Market Tumbles as Tariffs Hit Tech Giants

The New York stock exchange fell deeply in the wake of President Donald Trump's import tariffs. The large technology companies and companies with production in Asia had a nightmare day
Wall Street Gains as Investors Await Trump's Tariff Announcement
Business News

Wall Street Gains as Investors Await Trump's Tariff Announcement

Stock prices on the New York Stock Exchange rose ahead of President Donald Trump's report on new import tariffs against the world.
Hooters Files for Bankruptcy, Plans to Sell Company-Owned Locations
Business News

Hooters Files for Bankruptcy, Plans to Sell Company-Owned Locations

The American restaurant chain Hooters, known for its young lightly dressed waitresses and chicken wings, has filed for bankruptcy, reports CNBC.
Wall Street Dips as Traders Brace for Trump's Tariff Announcement
Business News

Wall Street Dips as Traders Brace for Trump's Tariff Announcement

Another trading day with tariff-related gloom is over. The traders on Wall Street were afflicted with anxiety ahead of a tariff decision by President Donald Trump
23andMe Files for Bankruptcy: Users Urged to Delete DNA Data
Sweden News

23andMe Files for Bankruptcy: Users Urged to Delete DNA Data

Millions of people have bought DNA tests from 23andme. Now the company has applied for bankruptcy protection and the assets are being sold to the highest bidder
FBI Probes Tesla Attacks in US as Domestic Terrorism
Business News

FBI Probes Tesla Attacks in US as Domestic Terrorism

The FBI has set up a special task force to investigate the repeated attacks directed at the electric car manufacturer Tesla in the USA, reports CNBC.
Trump's Tariffs Prompt Chevron to Exit Venezuela Operations
Business News

Trump's Tariffs Prompt Chevron to Exit Venezuela Operations

President Donald Trump makes it clear that all trade with all countries that buy oil and gas from Venezuela will be subject to 25 percent tariffs in the USA. The American energy giant Chevron must now close its operations in the country
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