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Wholesale inflation fell March as price pressures eased, but trade war clouds outlook
The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell 0.4% from FebruaryABC News - 4h -
JPMorgan CEO Jamie Dimon warns tariffs and trade war are causing ‘considerable turbulence’ in the economy
Jamie Dimon cited “sticky inflation, high fiscal deficits and still rather high asset prices and volatility” in his remarks.MarketWatch - 2h -
Jim Cramer says it's getting harder and harder to defend Apple stock in U.S.-China trade war
"We can't have a position that's oppositional to the president of the United States," Jim Cramer said Friday during the Club's Morning Meeting.CNBC - 1h -
Wells Fargo shares fall on lower net interest income, CEO calls for 'timely' trade resolution
Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,CNBC - 2h -
Donald Trump bends to the power of the markets
But trade war with China and tariffs on most US imports still risk great harmFinancial Times - 23h -
What you're still set to pay more for under Trump's tariffs
Some of the stiffest new tariffs are on hold, but experts say shoppers’ bills for White House trade policies are coming due soon.NBC News - 1d -
China to limit number of American films imported from US amid tariff battle
China announced its decision to reduce the number of U.S. films shown in China amid the escalating trade war between the nations.ABC News - 23h -
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.The New York Times - 23h -
The wealthy are loading up on cash, gold and family trusts during market turmoil
Wealthy investors have made the best trade over the past week — largely doing nothing.NBC News - 20h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 16h -
Why Beijing is not backing down on tariffs
Amid a trade war with the US, our China correspondent explains why Beijing doesn't need to change tactics.BBC News - 4h -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 5h -
Investors are shunning America. This wealth management giant says, actually, U.S. stocks are attractive.
Improving trade news and overly-depressed sentiment leaves the S&P 500 looking attractiveMarketWatch - 3h -
China says it's raising tariffs on U.S. goods to 125%
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.CBS News - 2h -
‘I Hope I Am Wrong, but I Am Pretty Pessimistic’: Four Economists Dissect Trump’s Tariffs
The most dramatic effort to remake the post-World War II trade system was underway — until it wasn’t.The New York Times - 3h -
Mattel and Hasbro stocks notch new lows after Trump's China tariff escalation
Toy giants Mattel and Hasbro have seen their stocks battered by President Donald Trump's escalated trade war with China.CNBC - 1h -
4/11: CBS Morning News
Trade war between China and U.S. escalates; U.S. and Iran set to hold nuclear talks in Oman on Saturday.CBS News - 2h -
Jamie Dimon says U.S. economy faces "considerable turbulence"
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.CBS News - 19m -
Stock market shudders as China jacks up tariffs on U.S. to 125%
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.CBS News - 7m -
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.The New York Times - 29m -
Morgan Stanley earnings boosted by sale of debt linked to Elon Musk’s X
US lender reports 26 per cent rise in first-quarter profits, powered by its equities trading businessFinancial Times - 42m -
JPMorgan chief Dimon warns of ‘considerable turbulence’ in US economy
Biggest US bank posts 9% rise in quarterly profits as market tumult boosts trading businessFinancial Times - 52m -
Trump tariffs could push US inflation to 4% this year, warns top Fed official
President’s trade war likely to raise unemployment and slow economic growth ‘considerably’, says John WilliamsFinancial Times - 2h -
Cheaper oil produces first decline in wholesale prices in 17 months. But inflation is far from dead as trade wars heat up.
Producer-price index was tame in MarchMarketWatch - 3h -
Trump tariffs are another nail in the coffin for Hollywood in China
Chinese bloggers report Xi Jinping's government is considering a ban on Hollywood movies. That would drag entertainment companies to the front lines of the trade war.Los Angeles Times - 2d -
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.The New York Times - 1d -
Get Ready to See Tariff Surcharges on Your Receipts
Companies struck by Donald Trump’s trade levies will likely pass the hit along to consumers—and some will want to clearly point the finger at who is to blame.Wired - 1d -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 8h -
China raises retaliatory levies on U.S. goods to 125% as dollar sinks
Beijing signaled that this is likely to be its last increase as tariffs reach levels that make trade between the world’s two biggest economies unfeasible.NBC News - 8h -
Thursday’s stock-market downturn was ‘no big deal,’ says Navarro
After the highest rise in stock market history, investors should expect “a little pullback,” said President Trump’s senior counselor for trade and manufacturing, Peter Navarro.MarketWatch - 7h -
Morning Report — Amid tariff uncertainty, Trump notches a domestic win
In today’s issue: Global tumult intensified Thursday over President Trump’s tariffs and the possibility of deepening trade wars and a recession, but the president got an early win in the battle ...The Hill - 7h -
What experts are predicting for Bears in latest 2025 NFL mock drafts
In our latest 2025 NFL mock draft roundup, experts believe the Bears will make moves to improve the roster, including trading up from No. 10.Yahoo Sports - 5h -
Unprecedented ‘shock’: Why bond yields may face even more challenges ahead
A global trade slowdown tied to U.S. tariffs will likely create a challenging environment for bond fund managers, according to financial futurist Dave Nadig.CNBC - 5h -
Meta vs. the FTC: The blockbuster antitrust trial kicks off
Meta will face off against the U.S. Federal Trade Commission Monday in an antitrust trial that could result in the company divesting Instagram and WhatsApp.CNBC - 4h -
Trump advisor Peter Navarro hypes stocks a day after calling tariff-driven plunge 'no big deal'
The S&P 500 is down more than 12% since President Donald Trump reentered the White House and launched a trade war with China.CNBC - 3h -
Is now a good time to buy gold? Here’s what you need to know
Experts recommend getting investment exposure to gold through an exchange-traded fund. However, demand for gold bars, coins and even gold jewelry, is also up.CNBC - 1h -
As markets unravel, gold heads for its best three-day rally since the COVID-19 chaos
Gold has been on a tear this week, with investors flocking to it as a haven amid turbulent markets sparked by a global trade war over tariffs.MarketWatch - 40m -
New Pact Would Require Ships to Cut Emissions or Pay a Fee
A draft global agreement sets a fee for cargo ships, which carry the vast majority of world trade, to pay for their greenhouse gas emissions.The New York Times - 1h -
Pistons don't have first-round pick but will select near top of Round 2 in NBA draft
Detroit Pistons have secured the 37th overall pick in the 2025 NBA draft via the Toronto Raptors, from a trade with Dallas Mavericks last summer.Yahoo Sports - 40m -
Trump's sweeping new tariffs in effect, including 104% on China
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.CBS News - 2d