US airlines climb on hopes that the 90-day China trade truce boosts travel budgets
US airlines all gained significant altitude Monday morning, following a 90-day tariff truce between the US and China. Carriers , , and were all trading up more than 6%. was up 3%, below smaller budge...
Report: Apple may raise iPhone prices because of tariffs while never saying it’s because of tariffs
is considering raising prices on its updated fall lineup of iPhones to contend with tariffs, but doesn’t plan to publicly blame tariffs, The Wall Street Journal reports . “The company is determined to...
Retail stocks soar on US-China tariff truce
Retailers rallied in premarket trading Monday after the White House announced a temporary US-China trade truce that would cut most tariffs for 90 days while negotiations continue. The 145% tariff on ...
Amazon and Apple surge on China tariff reprieve
Amazon and Apple, the megacap tech stocks with the most skin in the game regarding China, are soaring premarket after a temporary bilateral agreement was reached between the US and China . For the nex...
Semiconductor stocks surge on US-China trade reset
Chip stocks are leading the higher in premarket trading after the US and China agreed to slash sky-high tariffs to more manageable levels for 90 days, with the VanEck Semiconductor ETF up more than 5...
Stock futures soar as US agrees to slash Chinese tariffs to 30% for 90 days
Global markets were jolted into the green early on Monday after a bilateral statement from the United States and China signaled a reprieve in the trade war that has been top of investors’ concerns for...
Stocks slip slightly ahead of US and China trade negotiation talks over the weekend
Stocks were largely flat on Friday after President Trump said he may cut China’s 145% tariff to 80% ahead of trade negotiations in Switzerland this weekend. The S&P 500 slipped under 0.1%, the Nasdaq ...
Tariffs are game over for the arcade business
The Minion machines have run dry. Their fruit — stuffed Kevins, Bobs, Stuarts, and a sort of half-recognizable fourth one that doesn’t look quite “official” — sits withering on the vine. Nearby, even...
Detroit automakers say Trump’s UK trade deal unfairly favors foreign cars
A trade group representing Detroit’s big three automakers, , , and , issued a statement late Thursday criticizing the Trump administration’s fresh trade deal with the UK . “We are disappointed that th...
US stocks climb on trade optimism
Trade optimism fueled another day of gains for US stocks as President Donald Trump trumpeted a trade deal with the UK and raised the prospect of lower tariffs on China. The S&P 500 rose 0.6%, the Nasd...
Crocs kicks up strong Q1 results but pulls guidance as trade fears loom
shares jumped double digits after the quirky shoe brand posted a strong first-quarter beat. Diluted earnings per share came in at $2.83, easily topping FactSet estimates of $2.48. Revenue climbed to $...
The US and UK have agreed to a trade deal, or at least a trade framework
US stocks were higher in trading on Thursday () after President Trump announced a “major trade deal” with the United Kingdom, the first of many big handshake opportunities the US administration will b...
Bitcoin crosses $100,000 as UK-US trade deal is announced
passed the $100,000 price point today, the first time it’s hit the symbolic mark since early February . While Federal Reserve Chair Jerome Powell’s comments yesterday didn’t make the price budge, Pres...
Traffic to Temu’s website plummeted by more than 50% last month
The de minimis exemption on small packages shipped to the US officially ended on May 2 — but, according to web traffic data from Similarweb, Chinese retailers Temu and Shein were already seeing visits...
US stocks scream higher near end of session on report Trump to ease chip export curbs
Stick save and a beauty. US stocks had given up most of the gains inspired by confirmed trade talks with China after Apple tanked the market by saying that it was considering adding AI search in its b...
Carvana earnings show tariff panic buying wasn’t just for new cars
reported earnings on Wednesday after the bell, and the used car retailer’s financials show that tariff-induced “panic buying” wasn’t just for new vehicles. Carvana reported earnings per share of $1.61...
Stocks surge on report that Trump plans to rescind Biden’s chip export curbs
US stocks exploded higher late in the session Wednesday after Bloomberg reported that President Donald Trump plans to eliminate export curbs on semiconductors put in place by the Biden administration....
Ford’s hiking prices of some Mexico-produced vehicles by up to $2,000
promised “no promises” about hiking vehicle prices once it winds down its employee pricing discounts, and folks? It’s keeping that promise. According to reporting by Reuters (confirmed by Ford), the a...
Some of the biggest presumptive beneficiaries of a US-China trade truce are tumbling
Markets got a big jolt after the close on Tuesday following news that Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are meeting with a top Chinese economic official on Th...
Have tumbling oil prices undone the Federal Reserve’s tariff conundrum?
The Federal Reserve has framed tariffs as something of a conundrum . Levies on imports push prices higher and activity lower, seemingly making it more difficult for the central bank to achieve both pa...