Latest in Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
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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 - 21h -
Oil Producers Follow Trump’s Tariffs With a Surprise Increase
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.The New York Times - 1d -
Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower
Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, pushing down oil prices.CNBC - 1d -
Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower
Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, speeding up the pace of their scheduled hikes and pushing down oil prices.NBC News - 1d -
Oil falls to lowest level in more than three years amid recession fears, OPEC+ production hikes
President Trump's tariffs have raised fears of a recession just as projections for global oil supply have jumped.CNBC - 12h -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 12h -
Trump's tariff bombardment sends global markets reeling
World stock markets and oil prices tumbled and investors dashed to the relative safety of bonds, gold and the yen Thursday, as President Donald Trump’s drastic U.S. trade tariffs stirred widespread ...NBC News - 1d -
Oil slides as Opec+ lifts output and tariffs spark global growth fears
Unexpected increase in supply comes as concern over world economy hits several commoditiesFinancial Times - 1d -
Companies pause US IPO plans as Trump tariffs tank markets
Market for public listings had begun to show some signs of life but fallout from levies has forced groups to hold offFinancial Times - 12h -
Jeffries hammers Trump: It’s ‘recession day,’ not ‘liberation day’
House Minority Leader Hakeem Jeffries (D-N.Y.) on Wednesday hammered President Trump and congressional Republicans with accusations that they’re tanking the economy in the name of boosting it. The ...The Hill - 2d -
Why tariffs could push car prices even higher
Tariffs will likely push car prices past the record highs seen in recent years.CNBC - 6d -
Weak oil price adds to strain on Saudi mega-projects
Kingdom prepares to unwind production cuts but puts at risk its ambitious spending planFinancial Times - 5d -
Chinese manufacturers warn of price hikes after tariffs
A manufacturer in China that makes apparel for the American market is warning of a price increase after President Trump’s announcement on tariffs. NBC News' Janis Mackey Frayer visits one of the ...NBC News - 1d -
Oil and metals prices fall on concerns about the global economy.
The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.The New York Times - 1d -
‘Oligarchy’: Trump exempts big oil donors from tariffs package
Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say. US politics live – latest updates The sweeping package of tariffs unveiled ...The Guardian - 17h -
Impact of tariffs on prices of imports from top brands
President Trump said that his sweeping tariffs on imports are designed to boost American companies that make products in the U.S. But for many popular brands that import their products from ...NBC News - 1d -
GOP senator on market reaction to Trump tariffs: 'What’s happening is not good'
Sen. John Kennedy (R-La.) said Friday the steep drop in markets over President Trump's tariffs is "not good" even as he defended Trump's long-term goal to shore up U.S. production. "The stock ...The Hill - 13h -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 3d -
What's the goal of tariffs if it means higher prices in the US?
President Donald Trump says his goal for sweeping reciprocal tariffs is to realign the economy by bringing jobs back to the United States. To do that, he’s making products made overseas more ...NBC News - 21h -
Stephen Colbert Likens Trump’s Tariffs to an Economic Infection
“Has anyone thought about injecting our money with bleach?” Colbert said after President Trump’s new tariffs tanked the stock market on Thursday.The New York Times - 1d -
Markets plunge in reaction to Trump 'Liberation Day' tariffs
Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy tariffs on nearly every nation exporting products to the United States. The ...The Hill - 1d -
Jim Cramer: Here's my advice for investors as stocks dive on Trump's tariffs
CNBC Jim Cramer says long-term investors must steel themselves as the stock market tanks on Trump's sweeping tariff announcement.CNBC - 1d -
FirstFT: Markets tumble ahead of ‘liberation day’ tariffs
Also in today’s newsletter, why Trump is ‘pissed off’ with Putin and the WhatsAppification of workFinancial Times - 4d -
Will Tariffs Increase Switch 2's Price? Why The Console And Games Are So Expensive
Nintendo just recently announced the Switch 2 , and the biggest takeaway for many was the price point: $450 for the standard edition and $500 for a bundle that includes Mario Kart World . ...GameSpot - 1d -
'Oh, sh—': RH CEO reacts live to stock tanking on tariffs, poor earnings
The executive also pointed out that the home furnisher has been contending with the "worst housing market in almost 50 years."CNBC - 1d -
Tequila maker says tariffs won't affect his prices. Here's why he plans to absorb costs
Colorado-based Suerte Tequila said it will absorb all tariff costs.CNBC - 2d -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 1d -
Which products will be affected by new tariffs announced by Trump?
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.CBS News - 1d -
We're jumping into this tariffs-driven market plunge and buying two stocks
One name has great pricing power, the other does most of its business in the U.S.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 -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 2d -
Air freight costs surge as Trump tariffs trigger rush to fly in goods
Price of sending products to the US from China has climbed 37% since start of MarchFinancial Times - 1d -
What is the price of gold today?
Understanding the pricing trends and dynamics of the gold market is crucial for making sound financial choices.CBS News - 19h -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 23h -
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.The New York Times - 1d -
Morning Report — Wall Street, US allies reel over Trump tariffs
In today’s issue: Tanking financial markets and warnings from international capitals on Thursday sent unmistakable messages to President Trump: “America First” may be “America alone” when steep ...The Hill - 22h -
Agent's Take: Why a new contract extension for Ravens' Lamar Jackson should be on QB's terms
Jackson holds the hammer regarding a new dealCBS Sports - 14h -
America’s Brexit? Trump’s historic gamble on tariffs has been decades in the making
Trump’s economic assault on the world stunned economists and sent stock markets into a spiral. Who will pay the price?. ‘It could’ve been much worse’: how UK avoided a bigger blow from Trump ...The Guardian - 2h -
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.CBS News - 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 - 20h