Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact
Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.
Financial News
China’s consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing’s stimulus measures can help to boost the country’s struggling economic recovery.
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.
Trump 2.0 is leaving investors ‘overwhelmed’ — and strategists warn the volatility isn’t over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.
European Central Bank cuts rates again, says policy is becoming ‘meaningfully less restrictive’
The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming “meaningfully less restrictive.”
European Central Bank to make ‘last easy rate cut’ as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.
These safe haven currencies hold allure over the U.S. dollar amid Trump regime volatility, analysts say
Analysts are expecting to see shifts in currency valuations — with market watchers divided on which currencies they see as firm safe havens.
Bitcoin jumps nearly $14,000 in three days on Trump’s crypto reserve announcement
Cryptocurrencies rallied over the weekend after President Donald Trump teased new details about the highly anticipated strategic bitcoin reserve.
First-class seats are getting so fancy they’re holding up new airplanes
Supply chain issues and certification of new first- and business-class seat models have delayed deliveries to airlines.
Zelenskyy won’t apologize to Trump, but calls clash ‘not good for both sides’
The Ukraine president spoke on Fox News hours after a loud argument with President Trump and Vice President JD Vance at a White House meeting.