Finance News – U.S.
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Fed stands pat on interest rates and warns of economic woes on the horizon
The Federal Reserve maintained current interest rates amid concerns about potential economic challenges, including increased risks of job losses and rising prices, influenced by on...
Read Full Article →Our 2 best and 2 worst stocks since Trump's 'liberation day' tariff announcement
Since the tariff announcement, certain stocks have shown notable gains while others experienced substantial declines, highlighting varied market reactions during the early days of...
Read Full Article →Hollywood studio stocks briefly fall after Trump proposes foreign film tariff
The announcement of a potential tariff on internationally produced movies led to a temporary decline in the stock prices of major entertainment companies such as Netflix, Disney, a...
Read Full Article →Temu halts shipping direct from China as de minimis tariff loophole is cut off
Temu has raised prices and imposed significant import charges on products from China following the elimination of a tariff loophole that previously allowed for lower shipping costs...
Read Full Article →Footwear giants Nike, Adidas and others ask Trump for tariff exemption
Major footwear companies, including Nike and Adidas, have requested a tariff exemption from President Trump, highlighting the potential financial implications for their businesses...
Read Full Article →Hasbro CEO details tariff impact: 'We're making rapid changes'
Hasbro's CEO discussed the company's strategies for adapting to tariff impacts by diversifying its supply chain to maintain financial stability and competitiveness in the toy marke...
Read Full Article →Here’s why Apple’s stock is getting dumped despite solid earnings results
Despite reporting strong iPhone sales that exceeded expectations, Apple's lack of clarity about potential tariff impacts caused concern among investors, leading to a decline in the...
Read Full Article →Amazon CEO Jassy says he's 'optimistic' company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy expressed optimism that the company could potentially strengthen its position in the market despite the current uncertainties surrounding tariffs affecting it...
Read Full Article →Stock market’s rapid rebound from tariff-inspired rout stuns Wall Street. But there were signs this...
The U.S. stock market has made a swift recovery following a downturn caused by tariff announcements, indicating investor resilience despite initial concerns about the impact of tra...
Read Full Article →Automakers report significant April sales increases amid tariff fear-buying, but the good times may...
Automakers experienced notable sales growth in April due to consumers purchasing vehicles in anticipation of potential tariffs, although this surge is expected to diminish as the m...
Read Full Article →Hershey using ‘every lever in the toolbox’ to reduce impact of cocoa tariff
Hershey is actively implementing various strategies to mitigate the financial burden of cocoa tariffs, which could potentially result in quarterly losses nearing $100 million if le...
Read Full Article →Auto giants ditch financial guidance as industry reels from Trump tariff chaos
Major automotive companies have suspended their financial forecasts due to uncertainty stemming from the recent imposition of a significant tariff on car imports into the United St...
Read Full Article →Trump calls China the 'chief-ripper-offer' on trade, with no sign of direct talks
The ongoing trade tensions with China, as highlighted by Trump's comments, may lead to significant consequences for American consumers, potentially resulting in supply shortages an...
Read Full Article →Ford CEO says Trump's tariff reprieve is helpful, but more changes needed
Ford's CEO emphasizes the importance of U.S. policies that incentivize exports and support domestic production to enhance the company's financial performance and competitiveness in...
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