Latest in Tariffs Necessary Says
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Why Walmart’s warning may have more to do with weight-loss drugs than tariffs
Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.MarketWatch - Feb. 21 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - 4d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - 4d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 4d -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - 3d -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - 2d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 2d -
Japanese auto sector’s $18bn Mexico bet grows risky under Trump tariff threat
New deals on pause as threatened duties undermine premise for investmentFinancial Times - 2d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 2d -
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies. Donald Trump has threatened to slap 25% tariffs on the European ...The Guardian - 2d -
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine
Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...MarketWatch - 1d -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - 1d -
Beacon Roofing sees ‘headwinds’ from tariffs and labor jitters from building contactors
“We held our guidance all year — not many industrial distribution companies did that,” CEO Julian Francis tells MarketWatch.MarketWatch - 1d -
Manufacturers boost durable-goods orders ahead of tariffs, but industry slump hasn’t ended
A key measure of business orders rose in January for the third month in a row, but it’s likely the sudden improvement reflects businesses rushing to buy parts and supplies ahead of potential U.S. ...MarketWatch - 1d -
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.
The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...MarketWatch - 1d -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 1d -
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.
Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.MarketWatch - 22h -
Trump praises Starmer’s ‘hard’ lobbying as he again suggests UK will be exempt from US tariffs – live
Trump calls Starmer meeting ‘tremendously productive’ and says ‘we have a very good chance at arriving at a very good deal’. Trump-Starmer visit: the key takeaways European Commission ...The Guardian - 20h -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 10h -
‘I decided I was done’: Canada pizzeria boycotts US ingredients in tariff dispute
Gram’s Pizza owner and chef is boycotting US products after Trump threatened to add 25% tariff on Canadian goods. Tucked away in a former garage space in Toronto’s west end, Gram’s Pizza is usually ...The Guardian - 7h -
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.MarketWatch - 4h -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 2h -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 1h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - 6d -
New album will be unexpected, says Rihanna
The multi-Grammy Award winning singer has kept fans waiting for years for her new album.BBC News - 6d -
The Kenyans saying no to motherhood and yes to sterilisation
A growing number of women are choosing to be sterilised, bucking traditional norms.BBC News - 4d -
Powerful quantum computers in years not decades, says Microsoft
It says a new chip it has created could end up being as important a breakthrough as the semiconductor.BBC News - Feb. 19 -
Ukrainians Say They Feel Betrayed by Trump and U.S.
President Trump’s claim that Ukraine was responsible for its war with Russia has left many Ukrainians disillusioned.The New York Times - Feb. 20 -
Lockdown saved my life, says woman with OCD
Alys-Mai, 22, says being able to stay in during lockdown helped her control her condition.BBC News - Feb. 20 -
England not solely focused on Russell, says Itoje
We cannot focus solely on Scotland talisman Finn Russell on Saturday despite his pedigree in the Calcutta Cup, says England captain Maro Itoje.BBC News - Feb. 21 -
Israel says body released by Hamas was not Shiri Bibas
The Israeli military says the body released by Hamas was not that of Shiri Bibas as they claimed. “No match was found for the fourth body,” they say, describing it as “anonymous and unidentified.” ...NBC News - Feb. 21 -
Mom of Starliner astronaut says daughter 'honored' to be on ISS
Williams was one of two people testing the Starliner capsule, which was not deemed safe for crewed return.The Hill - Feb. 21 -
SEC dropping crypto lawsuit, Coinbase says
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump administration plans to take a ...NBC News - Feb. 21 -
Lake says VOA won’t be ‘Trump TV’
Kari Lake, President Trump’s choice to lead Voice of America (VOA), said the international state media broadcaster won’t be “Trump TV” under her watch. Lake said at the Conservative Political ...The Hill - Feb. 21 -
Pentagon layoffs paused for now, official says
The Pentagon is pausing the impending cuts to probationary civilian employees that could have affected around 50,000 people working for the Defense Department, a U.S. official tells CBS News. ...CBS News - Feb. 21 -
Coinbase Says S.E.C. Will Drop Crypto Lawsuit
The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.The New York Times - Feb. 21 -
In reversal, Trump says Russia attacked Ukraine
President Donald Trump reversed course on Friday and said Russia did in fact invade Ukraine, and that Kyiv would soon sign a minerals agreement with the United States as part of efforts to end the ...NBC News - 6d