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Mortgage rates sink on tariffs, but housing costs are still near a record high
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.CNBC - 1d -
Toy prices could jump 50% following Trump's tariffs on China, Vietnam
Toy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam.CNBC - 1d -
We're exiting our position in a health-care stock to raise some cash
We're cutting loose the smallest position in our portfolio.CNBC - 1d -
'You're running out of time' to claim an IRS stimulus check, tax expert says
The last chance to claim your IRS stimulus check is April 15. Here's how to collect your payment.CNBC - 1d -
Here's why so few sports teams go public, even as valuations soar
Sports team values are soaring, but most stay private to avoid scrutiny, share dilution and the pressures of public ownership.CNBC - 1d -
Actively managed ETFs hit $1 trillion milestone: Why tariff uncertainty may spark more growth
The actively managed ETF industry is now roughly the market cap of Berkshire Hathaway — and one expert thinks trade risks could boost interest even higher.CNBC - 1d -
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.CNBC - 1d -
Trump Imposes Tariffs on Remote Islands
Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.The New York Times - 1d -
‘Nadir for the party’: US Democrats edge towards civil war
Progressives and moderates are divided over how to stand up to Donald Trump — and much elseFinancial Times - 1d -
El-Erian says U.S. recession risks are now 'uncomfortably high'
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.CNBC - 1d -
BP chair Helge Lund to step down
Exit follows a bruising period for UK oil majorFinancial Times - 1d -
Inflation fears add to pressure on Fed
Bets on surging import prices show concern that US economy is slowing sharply or even flirting with recessionFinancial Times - 1d -
BP chair Helge Lund to step down after oil major pledges strategic reset
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.CNBC - 1d -
Trump’s sweeping tariffs ignite $2.5tn rout on Wall Street
US president defends levies even as market behemoths, including Apple, sink most in yearsFinancial Times - 1d -
AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.CNBC - 1d -
The biggest winners and losers in Europe as Trump announces sweeping tariffs
Global markets and businesses were thrown into disarray by U.S. President Donald Trump's tariff announcements on Thursday.CNBC - 1d -
South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office
This starts a 60-day countdown where an election must be held to select the next president.CNBC - 1d -
Knives out for Mike Waltz as Trump fires national security officials
Maga critics circle around hawkish foreign policy adviser who was at centre of ‘Signalgate’ fiascoFinancial Times - 1d -
How to make sense of Donald Trump’s tariffs
The new field of ‘geoeconomics’ offers a guide for the perplexedFinancial Times - 1d -
Europe braces for flood of Chinese goods after US tariffs
EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’Financial Times - 1d -
South Korea’s president removed from office over martial law bid
Yoon Suk Yeol’s shortlived attempt to impose military rule triggered political crisisFinancial Times - 1d -
China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.CNBC - 1d -
What comes next after South Korean president’s ousting?
Ruling against Yoon Suk Yeol means election will be held in May amid highly polarised climateFinancial Times - 1d -
CNBC's Inside India newsletter: How far is India from creating its own DeepSeek?
India's growing economy and tech-savvy population position it well to create a DeepSeek competitor. But the country faces obstacles in reaching that outcome.CNBC - 1d -
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of ...The New York Times - 1d -
S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.The New York Times - 1d -
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.CNBC - 1d -
Canada’s Carney Puts Tariffs on U.S.-Made Cars as Stellantis Plant Pauses Production
Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.The New York Times - 1d -
What Trump says he's trying to accomplish with tariffs
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.CNBC - 1d -
Federal Reserve is unlikely to rescue markets and economy from tariff turmoil anytime soon
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.CNBC - 1d -
Jim Cramer says investors should follow the post-dot-com-bubble playbook
As tariffs tanked stocks on Thursday, CNBC's Jim Cramer believes investors should look to the same sectors that rose after the dot-com bubble burst in 2000.CNBC - 1d -
Radhika Jones, Vanity Fair’s Top Editor, Steps Down
Ms. Jones has led the gilded magazine of culture, business and politics since 2017.The New York Times - 1d -
Trump's new tariffs construct a $1 trillion trade wall around the U.S. economy
President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.CNBC - 1d -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 1d -
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
Grocery bills will likely rise as shoppers pay more for household staples because of the Trump administration's new tariffs.CNBC - 1d -
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great Depression era
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.CNBC - 1d -
Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.CNBC - 1d -
Trump administration lifts sanctions on wife of Putin ally Boris Rotenberg
Karina Rotenberg and her husband were placed on a sanctions list by the Biden adminstration after Russia invaded Ukraine.CNBC - 1d -
Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.CNBC - 1d -
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.The New York Times - 1d