Category: Market

Less than an hour before the stock market closed on Monday, reporters gathered in the Oval Office for their only chance that day to ask President Donald Trump about the chaos caused by his tariff plans. Were the new tariffs, set to begin on Wednesday, just a tactic to get better trade deals? Or were…

U.S. stocks had a wild day on Monday after President Donald Trump threatened to increase his tariffs, even though a strong show from Wall Street revealed how badly they want him to do the opposite. The S&P 500 dropped by 0.2% after a day filled with sudden ups and downs as the markets tried to…

President Donald Trump said on Sunday that he will keep the broad tariffs on imports from most countries unless they correct their trade imbalances with the U.S. He stood firm on his tariff plans, which have shaken global markets, raised concerns of a recession, and disrupted global trade. Speaking to reporters on Air Force One,…

Jaguar Land Rover, the company behind the well-known British car brands, is stopping shipments to the U.S. this month. This comes as a response to the 25% tax on car imports put in place by President Donald Trump, affecting Britain’s already struggling car industry. Jaguar Land Rover, one of the top car manufacturers in the…

Europe promised to strike back. China planned its own tariffs. Mexico rushed to soften the impact. As world leaders reacted strongly to President Donald Trump’s sweeping tariffs on U.S. imports, Argentina’s conservative president was celebrating at Trump’s Mar-a-Lago club. Eager to strengthen ties with Trump, Argentine President Javier Milei flew from his southern nation to…

U.S. stocks had another chaotic day, with early gains reversing after President Donald Trump announced major new tariffs on nearly all of America’s trading partners—an action that could significantly change the global economy. The S&P 500 went up 0.7% during the regular trading session on Wednesday. The Dow Jones Industrial Average gained 235 points, or…

Commerce Secretary Howard Lutnick said on Sunday that government spending might be removed from gross domestic product (GDP) reports. He made the comment while responding to questions about whether spending cuts pushed by Elon Musk’s Department of Government Efficiency might lead to a weaker economy. “You know that governments historically have messed with GDP,” Lutnick…

Dow, a large company that makes chemicals and plastics, plans to use a new type of nuclear reactor to provide clean electricity and steam at its plant in Seadrift, Texas, instead of using natural gas. On Monday, Dow’s subsidiary, Long Mott Energy, applied for a construction permit from the U.S. Nuclear Regulatory Commission (NRC). The…

Pensioners and wealthy individuals could face tax increases in Rachel Reeves’s autumn budget if the economic situation continues to worsen, according to the Institute for Fiscal Studies (IFS). Following the chancellor’s spring statement, which included deep welfare cuts to meet her fiscal targets, the UK’s leading public finance experts have suggested that Reeves may have…

Twelve storage suppliers participated in a precisely coordinated showcase at Nvidia GTC 2025, aligning with Jensen Huang’s efforts to drive sales of GPUs, NICs, switches, and software to businesses investing in AI stack systems amid expectations of an agentic AI surge. The lineup included Cloudian, Cohesity, DDN, Dell, HPE, Hitachi Vantara, IBM, NetApp, Nutanix, Pure…