Latest in U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff fueled recession fears
Sort by
194 items
-
U.S. vehicle supply is falling amid tariff fear-buying
Supplies of new and used vehicles for sale are declining rapidly as consumers flock to stores ahead of potential price increases due to tariffs.CNBC - 13h -
Tariff Confusion and Recession Fears Leave Advertisers ‘Paralyzed’
Hundreds of billions of marketing dollars are in flux as companies struggle to plan. For some sectors, the timing “couldn’t be worse.”The New York Times - 16h -
Credit markets aren’t flashing recession fears — but that could be the problem
Credit spreads are often the “canary in the coal mine” when it comes to signaling a liquidity crunch or recession fears.MarketWatch - 5h -
US places sanctions on Chinese refinery over Iran oil purchases
Trump administration accuses Shandong Shengxing Chemical of buying crude as it increases pressure on Beijing and TehranFinancial Times - 5h -
Mexico’s Reliance on U.S. Natural Gas Could Be Its Achilles’ Heel
Mexico’s imports of U.S. natural gas are surging, kindling fears that the Trump administration could weaponize this trade.The New York Times - 52m -
Congress enters China doping clash between U.S., WADA
Outrage lingers on Capitol Hill over swimmers testing positive for banned substance before 2021 Olympics.ESPN - 7h -
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.The New York Times - 23h -
Why Antitrust Breakups of Google and Meta Could Be Difficult
For the first time since the late 1990s Microsoft case, federal trials are weighing antitrust breakups, a tactic that harks back to Standard Oil.The New York Times - 1d -
Stocks Fall on Jerome Powell’s Concern About Tariffs and Tech’s Pullback
Semiconductor stocks fell after the Trump administration blocked companies from selling certain chips to China without a license.The New York Times - 5h -
Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War
President Trump has threatened tariffs on Taiwan and the chip industry. China has signaled it will not let the trade war keep it from the technology it needs.The New York Times - 21h -
Stocks tumble anew as Nvidia, Powell raise alarms over trade policies
A series of fresh trade warnings barreled into Wall Street on Wednesday, pushing down the three major U.S. stock indexes in the latest sign of turbulence from White House policies.NBC News - 11h -
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Trump's tariffs have upended Temu's business model and its advertising strategy.CNBC - 7h -
China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.The New York Times - 22h -
Lego Black Market Fetches Big Prices and Fuels Brazen Thefts
Some Lego sets have skyrocketed in value but behind the eye-popping price tags is a dark side: an underground market that fuels brazen thefts.The New York Times - 2d -
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.CBS News - 56m -
President Trump tees off on '60 Minutes' again, threatens CBS broadcast licenses
Trump takes to his Truth Social platform to criticize '60 Minutes' coverage, which remains relentless despite his legal action against the program.Los Angeles Times - 2d -
Nissan aims to 'max out' U.S. production plant amid Trump's tariffs
Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.CNBC - 6h -
South Korea holds rates as it grapples with U.S. tariffs, prepares for snap election
This was in line with a Reuters poll of economists that forecast the bank to keep rates unchanged.CNBC - 21m -
S&P 500 and Nasdaq Stocks Post Modest Gains Amid Trump Tariff Uncertainty
The Trump administration’s chaotic tariff rollout continues to spur volatility in the markets, but major U.S. stock indexes held a degree of calm relative to recent swings.The New York Times - 8h -
Ex-MLS forward dies following fall from 11th floor
Gabon forward Aaron Boupendza has died at 28 following a fall from the 11th floor of a building in China, the Gabonese Football Federation has said.ESPN - 2h -
UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war
Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policy. UK officials are tightening security when handling sensitive trade ...The Guardian - 7h -
China appoints a new trade negotiator during tariff fight with the US
China has appointed a new trade negotiator during its tariff fight with the U.S. The government said Wednesday that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the ...ABC News - 16h -
China tells its airlines not to buy jets from Boeing in tariff retaliation
As China and the U.S. are locked in an intensifying trade war, China is responding to President Donald Trump’s tariffs by reportedly telling Chinese airlines not to order jets from Boeing, the ...NBC News - 14h -
Trump's tariffs could be tough to crack for a German nutcracker maker focused on the US
U.S. President Donald Trump’s tariffs threaten to become a tough nut to crack in an unlikely place — a small company whose factory nestled deep in the hills of eastern Germany produces ...ABC News - 11h -
Wife of Abrego Garcia said he hit, scratched her in 2021 court documents
The wife of wrongfully deported Kilmar Abrego Garcia had a temporary order of protection against him in 2021 in which she cited domestic violence, court documents show.ABC News - 2h -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 6d -
Hong Kong Suspends Packages to the U.S., Wading Into the Trump Trade War
The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China.The New York Times - 22h -
World Trade Organization says global trade could slide this year because of Trump's tariff policies
The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with ChinaABC News - 12h -
U.S. consumers are "panic-buying" K-beauty products amid Trump's tariff war
Almost all of the serums, face masks and creams sold at Senti Senti, a Brooklyn skincare store, are imported from South Korea and Japan.CBS News - 55m -
Colossal squid filmed for first time 2,000 feet below ocean's surface
Researchers recently captured the first live footage of a colossal quid in its natural habitat, thousands of feet under the sea near Antarctica.CBS News - 7h -
Pro soccer player Aaron Boupendza dies at 28 after falling 11 stories from building in China
Aaron Boupendza, a forward from Gabon with an international soccer career, died on Wednesday after falling from the 11th story of a building in China, where he was playing for Zheijang FC.NBC News - 6h -
4/13: CBS Weekend News
Republicans, Democrats split on if tariffs will bring jobs back to U.S., poll shows; Knitting emotional support chickens to relieve stressCBS News - 2d -
Should Business Leaders Rush to Reshore Supply Chains? Most Say No
Most companies facing Trump’s tariff hits will seek better deals in countries hit with lower levies, since domestic sourcing remains too expensive, too long to start operations, and unable to meet ...Inc. - 9h -
JPMorgan’s Jamie Dimon Isn’t Focused on Recession Forecasts
The world’s most powerful banker warned about Trump’s trade war and long-term trends.Inc. - 14h -
Senate Republicans nudge Trump's trade chief for tariff end game
U.S. Trade Representative Jamieson Greer provided little of the clarity senators of both parties were seeking in a Finance Committee hearing Tuesday.Politico - Apr. 8 -
Competition Fuels Success — Just Ask Augusta National and Rory McIlroy
Competition isn’t the enemy in sports or business. It’s the accelerant.Inc. - 13h -
Japan Tries to Stay Close to Trump, Who Both Praises and Resents the Country
The president at turns praises and criticizes Japan, a U.S. ally that decades ago stirred his anger over the unequal balance of trade and his penchant for tariffs.The New York Times - 21h -
Man detained in Caribbean for famed crime reporter's 2021 murder
Authorities detained a man "who played a leading role" in the high-profile murder of crime reporter Peter R. de Vries, prosecutors said.CBS News - 1d -
Alibaba’s stock is falling, and a development at Nvidia could be the reason
AliCloud is likely a big customer of Nvidia and could have trouble getting advanced chips, a Baird analyst noted.MarketWatch - 4h