Day: April 10, 2025
Asia-Pacific markets set to fall after U.S.-China trade war worries plunge Wall Street
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, China Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to fall Friday, after Wall Street resumed sell-off overnight as trade war tensions between the world’s two largest […]
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US targets China oil storage terminal in new Iran-related sanctions
U.S. President Donald Trump and Secretary of State Marco Rubio at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters The Trump administration imposed sanctions on Iranian oil trading networks Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and Iran. The sanctions came after Secretary of State Marco […]
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Supreme Court upholds judge’s order that U.S. should facilitate return of man deported to El Salvador
Jennifer, center, whose husband Kilmar Abrego Garcia was deported by ICE, is hugged by a staff member of CASA, at the CASA Multicultural Center during a press conference ahead of Garcia’s hearing. The Washington Post | Getty Images The Supreme Court on Thursday upheld a lower court order that the Trump administration “facilitate” the return […]
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Stock futures rise as traders prepare to end volatile trading week rocked by tariffs: Live updates
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange in New York, US, on Thursday, April 10, 2025. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher on Thursday night as investors look to close out a volatile week, punctuated by sharp swings for the […]
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Sports and esports leaders talk boosting fanbases, growth opportunities and the role of tech
At CNBC’s CONVERGE LIVE event in Singapore, leaders from sports and esports discussed the big opportunities and trends shaping growth in the multi-billion-dollar sector. LIV Golf CEO, Scott O’Neil discussed how the organization is diversifying the sport’s fanbase. “It’s really about the festival around golf that makes us different,” O’Neil said in conversation with CNBC’s […]
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Helicopter crashes in Hudson River off of Manhattan, police say
The sun on the skyline of lower Mahattan and One World Trade Center in New York City on March 5, 2025, as seen from Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images A helicopter crashed into the Hudson River off of Manhattan on Thursday, police said. There are “multiple fatalities,” NBC […]
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Tesla shares retreat following sharpest rally since 2013
Tesla CEO Elon Musk wears a ‘Trump Was Right About Everything!’ hat while attending a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters Tesla shares slumped on Thursday, reversing course a day after the electric vehicle maker had its biggest gain on the market since 2013. […]
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U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The ICE U.S. Dollar Index dropped sharply again on Thursday, putting the greenback on track for its worst day since 2022. The index, which measures the U.S. dollar against a basket of global currencies, was last down 1.83% to 101.02. At one point in the session, it slipped below the 101 level. This would mark […]
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Trump’s triple-digit tariff essentially cuts off most trade with China, says economist
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters President Donald Trump’s tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York. “It depends on how narrowly the tariff […]
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Trump walked back his tariff rollout. But is the damage already done?
People walk by the New York Stock Exchange (NYSE) before the Closing Bell and the start of President Donald Trump’s news conference on tariffs on April 2, 2025 in New York City. Spencer Platt | Getty Images U.S. President Donald Trump offered his trading partners — and financial markets — some reprieve on Wednesday as […]
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