Finance News – Tariffs
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Apple reports second-quarter earnings after the bell
Apple's upcoming second-quarter earnings report will be closely watched, especially amid concerns regarding the impact of global tariffs announced by the Trump administration on it...
Read Full Article →Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
Mercedes-Benz announced plans to expand its Alabama plant with the addition of a new vehicle, reflecting the challenges and opportunities posed by the current auto tariffs implemen...
Read Full Article →Microsoft raises prices of Xbox video game consoles due to 'market conditions'
Microsoft's decision to increase Xbox console prices reflects rising development costs and market conditions, coinciding with new tariffs on imports, which may impact overall sales...
Read Full Article →Amazon reports first-quarter earnings after the bell
Amazon’s upcoming first-quarter earnings report comes amid significant economic changes, as the company's financial performance may be affected by recent tariffs announced by the a...
Read Full Article →U.S. Chamber of Commerce asks Trump for tariff exclusions to 'stave off a recession'
The U.S. Chamber of Commerce has requested tariff exclusions from President Trump, highlighting concerns from analysts that the current tariffs may negatively impact businesses and...
Read Full Article →Eli Lilly CEO says company can help 'respond' to national security concerns around essential drugs a...
The CEO of Eli Lilly indicated that the company is willing to assist in addressing national security issues related to the manufacturing of essential drugs as tariffs become a conc...
Read Full Article →GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
General Motors has adjusted its 2025 earnings forecast downward, anticipating a potential financial impact ranging from $4 billion to $5 billion due to tariffs imposed on the autom...
Read Full Article →Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
The central bank's decision to maintain interest rates reflects a cautious approach, acknowledging potential economic challenges posed by external factors such as tariffs on export...
Read Full Article →Microsoft passes its first test on U.S. tariffs with limited product exposure
Microsoft's Copilot AI assistant may enhance operational efficiency for businesses facing rising costs due to U.S. tariffs, according to CEO Satya Nadella, highlighting the company...
Read Full Article →Yum Brands CEO says company is 'pretty insulated' from tariff woes
Yum Brands' CEO David Gibbs indicated that the company's financial performance remains stable, asserting that the recent tariffs imposed by the government have not adversely affect...
Read Full Article →Healthy Returns: Here are the drugmakers with new U.S. investments as Trump’s pharma tariffs loom
Pharmaceutical companies are responding to potential tariff concerns by increasing their manufacturing investments in the U.S., indicating a strategic shift in their financial plan...
Read Full Article →Trump says he'll blame Biden again for 2nd quarter GDP after blaming him for Q1 drop
Trump indicated he would attribute the second quarter GDP performance to Biden, while defending his tariffs that are thought to have contributed to stock market declines during his...
Read Full Article →Trump-Bezos call sets stage for tense earnings report from Amazon
The upcoming earnings report from Amazon comes amid heightened scrutiny and potential impacts from political statements regarding tariff costs that could affect the company's finan...
Read Full Article →Private payroll growth slowed to 62,000 in April, well below expectations
In April, private payroll growth decreased to 62,000, significantly underperforming expectations, as businesses reduced hiring in anticipation of potential economic effects from ta...
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