Author: cyrus
Porsche expects $351 million tariff hit for April and May
FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import tariffs in April and May, [more…]
Chile and Mexico brace for Trump copper tariff announcement
By Ana Isabel Martinez and Daina Beth Solomon MEXICO CITY/SANTIAGO (Reuters) -President Claudia Sheinbaum said on Wednesday Mexico could redirect the copper it typically sends [more…]
Trump says U.S. interest rate is at least 3 points too high
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage [more…]
Apple looks to bid on becoming US home for Formula 1
Formula 1 could have a new U.S. streaming service home soon. Apple (AAPL) is in talks to purchase the rights as it looks to further [more…]
Are you interested in analysis of the economic impacts or international reactions to these tariffs?
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their [more…]
X CEO Linda Yaccarino steps down after two years at the job
Linda Yaccarino, CEO of Elon Musk’s X, announced on Wednesday she’s leaving the job. “After two incredible years, I’ve decided to step down as CEO [more…]
Nvidia becomes first company to reach $4 trillion market value
Nvidia (NVDA) on Wednesday became the first publicly traded company to hit the $4 trillion mark, surpassing fellow tech players including Microsoft (MSFT) and Apple [more…]
Stock market today: Dow, S&P 500, Nasdaq edge higher as Nvidia’s market cap hits $4T, Trump unveils more tariff letters
US stocks trimmed gains on Wednesday after President Trump unveiled more tariff letters directed at US trading partners, while AI chipmaker Nvidia (NVDA) became the [more…]
Trump makes new tariff threats from the Philippines to Moldova as his trade letter tally reaches 20
Donald Trump released another round of letters to trade partners Wednesday that didn’t include updates on negotiated deals but offered new threats of rates ranging [more…]
Investors Confident in Uber’s Growth as Stock Hits Record High
Uber Stock Performance: Record Highs and Robotaxi Risks Key Points: Stock Performance: A Strong Year for Uber Uber’s stock has rallied significantly in 2025, up [more…]