Month: April 2025
Trump announces 90-day tariff pause for at least some countries
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump on Wednesday announced a 90-day pause on the full effect of his new tariffs for at least some […]
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Stocks making the biggest moves midday: Apple, Tesla, AbbVie, Delta Air Lines and more
Check out the companies making headlines in midday trading: Apple — Shares rebounded more than 5% on Wednesday after several days of selling pressure on the iPhone maker. Apple manufactures much of its products in China, which has been a key worry for investors in recent days in light of President Donald Trump’s 104% tariff […]
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Healthy Returns: Trump says major pharmaceutical tariffs coming ‘very shortly’
U.S. President Donald Trump speaks, on the day he signs energy-related executive orders at the White House in Washington, D.C., U.S., April 8, 2025. Leah Millis | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future […]
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Here’s how China could crush the U.S. housing market
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Mortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a swift pace. Mortgage rates follow loosely the yield on the 10-year Treasury. Some speculate […]
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Pharmaceutical stocks fall as Trump doubles down on tariffs threat
The Lilly Biotechnology Center in San Diego, California, on March 1, 2023. Mike Blake | Reuters Shares of drugmakers fell on Wednesday after President Donald Trump doubled down on plans to impose tariffs on pharmaceuticals imported into the U.S. Shares of U.S.-based companies Eli Lilly, AbbVie, Bristol Myers Squibb and Regeneron all fell about 4% […]
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‘Not yet’ seeing weakness for European airlines, analyst says
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alexander Irving, airlines analyst at Bernstein, says there has been some weakness in the U.S. airline industry amid the roll out of the U.S. tariffs, but he has “not yet” seen the same weakness from European airlines. Source
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Apple bounces 3% after worst losing streak since 2000
CEO of Apple Tim Cook speaks at an event in 2022. Jerod Harris | Getty Images Entertainment | Getty Images Apple shares rallied more than 3% Tuesday after the iPhone maker posted its worst four-day losing stretch since 2000. The rise came amid a broader rally in technology stocks and on the heels of a […]
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Air France-KLM CEO Benjamin Smith on trade tensions, travel demand and La Première suite
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Air France-KLM CEO Benjamin Smith joins ‘Squawk Box’ to discuss the fallout from President Donald Trump’s tariff policy, impact on the aviation industry, travel demand outlook, Air France’s new La Premiere suite, and more. Source
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European Union approves first set of retaliatory tariffs on U.S. imports
European flags fly in front of the Berlaymont building. Omar Havana | Getty Images News | Getty Images The European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum. The European Commission, the bloc’s executive arm, said duties would start being […]
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Investors flee to German bonds as Trump tariffs spark Treasury sell-off
Global bond markets were gripped by volatility on Wednesday, as the rollout of U.S. President Donald Trump’s reciprocal tariffs left investors scrambling to find safety in new areas — including German debt. U.S. Treasurys sold off on Wednesday as a new wave of duties came into force and China and the European Union announced fresh […]
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