Month: May 2025

Trade fight is an opportunity to invest in emerging markets, including China, Ariel’s Phillpotts says
Despite simmering trade conflict between China and the U.S., Beijing is still an attractive market in which to invest, according to Ariel Investments emerging market equities portfolio manager Christine Phillpotts. “What’s important to note is that U.S. exports from China to the U.S. are less than 3% of Chinese GDP, they have massively declined over […]
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Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them
Denise Buzy-Pucheu, founder and owner of The Persnickety Bride, said steep tariffs on imports from China are hurting U.S. businesses, including bridal shops and wedding dress designers. Some of the brands she carries have added a tariff surcharge. Courtesy of The Persnickety Bride; Photograph by Stella Blue Photography Days after President Donald Trump announced steep […]
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OPEC+ agrees another accelerated oil output hike for June, sources say
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Maxim Shemetov | Reuters Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike […]
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Jaguar Land Rover restarts car exports to the U.S., London’s Times reports
A used Range Rover Evoque vehicle for sale at a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper […]
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Singapore votes in test of ruling party’s monopoly
Singaporeans were voting in an election on Saturday almost certain to perpetuate the unbroken rule of the People’s Action Party, in a test of public approval for the new prime minister as the city-state braces for economic turbulence from a global trade war. The election is a bellwether for the popularity of the PAP, which […]
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Trump downplays recession fears, saying the U.S. would be ‘OK’ in the long term
President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be “OK” in the long term, even if the U.S economy experienced a recession in the short term. Asked twice by “Meet the Press” moderator Kristen Welker whether it would be OK in the long run if there were a recession in the short […]
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Who owns London’s (privately owned) public spaces?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Privately-owned public spaces—or POPS—have transformed cities over the past sixty years. But their ownership is regularly questioned — and with it, their design, accessibility and what they’ve replaced. 19:29 Fri, May 2 20258:00 PM EDT Source
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Berkshire meeting ‘bazaar’ features Buffett Squishmallows, 60th anniversary book and giant claw machine
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT The welcome sign at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year’s meeting with the annual shopping event more […]
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Trade talks will be key next week for a market striving to leave tariff turmoil behind
Trade talks will continue to be critical in the week ahead, as equities mount an impressive rally on hopes the U.S. economy is strong enough to weather the fallout from Trump’s tariffs. The S & P 500 has made a huge comeback since the post-April 2 sell-off, recouping all its losses after the latest jobs […]
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