Morning bid: Seems investors really don’t like tariffs
The jury is in, and it turns out investors really don’t like a tariff-induced global trade war and likely recession - who ...
US retailers may raise prices as tariffs hit Asian suppliers - analysts
Bernstein noted that price increases could have significant volume-eroding effects, as consumers become more selective in ...
Oil slump as Trump’s higher-than-expected tariffs expected to crimp demand
Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world’s biggest oil ...
Apple faces gross margin hit from Trump tariffs on China, India- Citi
Trump also imposed about 26% tariffs on India, which stands to hit Apple’s gross margin by about 0.5%, assuming that the ...
Asia FX, dollar battered by Trump tariffs; yen surges on haven demand
The Japanese yen was an outlier, firming sharply on increased safe haven demand, as traders fretted over the implications of Trump’s tariffs. The USDJPY pair fell 1.2% to a three-week low. The Chinese ...
Tornadoes, heavy rains rip across central, southern US
(Reuters) -Tornadoes ripped across a wide swath of the central and southern United States on Wednesday, destroying homes and ...
Stocks slump as US tariffs hit tech hardest
Benchmark 10-year Treasury yields dropped 14 basis points to a five-month low of 4.04% as investors braced for slower U.S.
China urges US to immediately lift tariffs, vows retaliation
BEIJING (Reuters) -China on Thursday urged the United States to immediately cancel its latest tariffs and vowed ...
Oil prices slide as Trump tariffs drive up demand risks, recession fears
Investing.com-- Oil prices fell sharply in Asian trade on Thursday as fears of a demand slowdown and a global recession ...
Thousands of Haitians take to streets to protest surging gang violence
PORT-AU-PRINCE (Reuters) - Thousands of Haitians took to the streets in Port-au-Prince on Wednesday to express their anger ...
China services activity grows more than expected in March- Caixin PMI
The Caixin Services PMI rose to 51.9 in March, beating expectations of 51.5 and rising from the 51.4 seen in the prior month.
Trump tariffs worse than anticipated, raise recession risks, analysts say
“This shock will likely be magnified by its impact on sentiment and through the retaliation of countries facing significant increases in their tariff rates,” JPM analysts wrote in a note, warning that ...