Breaking News: Economy
Peter Navarro says Vietnam’s 0% tariff offer is not enough: ‘It’s the nontariff cheating that matters’
White House trade advisor Peter Navarro said Monday that an offer by Vietnam to eliminate tariffs on U.S. imports would not be enough for the administration to lift its new levies announced last week. “Let’s take Vietnam. When they come to us and say ‘we’ll go to zero tariffs,’ that means nothing to us because […]
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Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs
U.S. President Donald Trump’s adviser Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, U.S. March 30, 2025. Vincent Alban | Reuters Technology stocks fell for a third session on Monday, continuing the momentum of last week’s […]
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Bond yields tank around the world as investors take cover amid equity rout
Global bond yields are cratering in the wake of U.S. Donald Trump’s tariff announcement last Wednesday, as investors hunt for any safe havens as stock markets plunge. The yield on Germany’s 10-year bund — the benchmark for the euro area — has dropped from 2.72% on Wednesday to 2.59% on Monday afternoon. The yield stretched […]
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Airlines expected to cut 2025 outlooks as travel demand falters
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Waning travel from Canada. Signs of weaker demand across the Atlantic. Mass government layoffs. Tariffs. Consumers pulling back on travel bookings. The worst stock market swoon since 2020. […]
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Airlines expected to cut 2025 outlooks as travel demand falters
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Waning travel from Canada. Signs of weaker demand across the Atlantic. Mass government layoffs. Tariffs. Consumers pulling back on travel bookings. The worst stock market swoon since 2020. […]
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Trump’s tariff chaos puts White House on defense as global markets tumble: Live updates
Trump touts drop in oil prices, driven by recession fears, as a victory Trump is touting the steep drop in oil prices — driven by fears of reduced demand in the increasingly likely event of a recession — as a policy win. “Oil prices are down, interest rates are down (the slow moving Fed should […]
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Politicians urge calm in Europe after Trump tariffs drive ‘stock market earthquake’
In this photo illustration, a double exposure images shows U.S. President Donald Trump against the EU flag. Sopa Images | Lightrocket | Getty Images European Union leaders urged a calm response to U.S. President Donald Trump’s tariffs that have battered global markets, days after a more bellicose China pulled the trigger on retaliation. “The reaction […]
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Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of […]
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Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe […]
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Many senior venture capitalists are leaving big firms. Insiders boil it down to a few reasons
“Big firms have gotten much, much bigger,” said Alexandre Lazarow, managing partner of Fluent Ventures. “At the same time, there’s been an explosion of [small] venture capital firms … so I think we’ve seen the rise of specialization and the rise of regionalization in tech.” Johnnygreig | E+ | Getty Images The venture capital industry […]
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