Day: May 8, 2025

European Union to launch dispute against U.S. tariffs with World Trade Organization
Politics

European Union to launch dispute against U.S. tariffs with World Trade Organization

This photograph shows a European flag flying outside the EU headquarters in Brussels on May 6, 2025. Nicolas Tucat | Afp | Getty Images The European Union’s executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.’s “reciprocal” tariff policy. The European Commission also said it had […]

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China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks
World

China’s latest stimulus measures fail to impress as investors focus on U.S. trade talks

Shoppers pass an Hermes store, operated by Hermes International SCA, in Beijing, China, on Thursday, May 1, 2025. Na Bian | Bloomberg | Getty Images China’s latest push to revive growth with broader stimulus measures has failed to cheer its stock market as worries over economic deterioration outweigh policy optimism, with investors focused on trade […]

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Bank of England cuts interest rates: Here’s what it means for your money
World

Bank of England cuts interest rates: Here’s what it means for your money

Shoppers and visitors out on Oxford Street on 4th May 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. The central bank reduced its key interest […]

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Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again
Politics

Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again

President Donald Trump derided Federal Reserve Chairman Jerome Powell once again Thursday, a day after the central bank voted to not lower rates because of economic uncertainty created by tariffs. Trump said in a Truth Social post: “‘Too Late’ Jerome Powell is a FOOL, who doesn’t have a clue. Other than that, I like him […]

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DOT to address Newark airport issues: Here’s what to know
Travel

DOT to address Newark airport issues: Here’s what to know

CNBC’s Phil LeBeau joins ‘Squawk Box’ to report on the latest news. Source

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It’s a ‘low firing, low hiring’ job market, economist says: Here’s how to land a new gig anyway
Finance

It’s a ‘low firing, low hiring’ job market, economist says: Here’s how to land a new gig anyway

Key Points The U.S. job market is strong, characterized by low unemployment and layoffs. However, companies are hiring at their slowest pace since 2014. Career and job experts provide top ways to stand out in the current labor market. Source

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Dow futures rise 300 points after Trump announces U.S.-UK trade deal: Live updates
World

Dow futures rise 300 points after Trump announces U.S.-UK trade deal: Live updates

A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Stock futures were higher Thursday after President Donald Trump announced a […]

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FC Mother wants to leverage global soccer fandom to improve maternal health
Health

FC Mother wants to leverage global soccer fandom to improve maternal health

Mother’s Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom. The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable causes related to pregnancy and childbirth, according to a WHO fact sheet […]

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Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions
World

Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions

The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict […]

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China defense stocks surge as India-Pakistan tensions escalate
World

China defense stocks surge as India-Pakistan tensions escalate

A J-10C fighter jet of the Chinese air force’s Ba Yi’s aerobatics team conducting adaptive training. Vcg | Visual China Group | Getty Images Tensions between India and Pakistan are rising, and Chinese defense stocks are surging after Pakistan’s apparent use of China-made weapons to down Indian jets. Pakistan’s Foreign Minister Ishaq Dar claimed on […]

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