European Midday Briefing: Stocks Fall as Investors Digest Tariff Blitz
The 51-48 vote to approve the measure took place just hours after Trump imposed a 10% baseline tariff on all imports to the U.S., and higher rates for some nations. It marked a significant rebuke of ...
Rolls-Royce in Talks for U.K. Subsidies for New Plane Engine, FT Says, Citing Sources
--Rolls-Royce is in talks with the British government about getting taxpayer support to help fund the development of a new plane engine for the next generation of narrow-body aircraft primarily used ...
Global Equities Tumble on Sweeping U.S. Tariffs
Luxury shares also fell, with Switzerland-based watchmakers Richemont and Swatch falling 5.6% and 5% respectively. The U.S represented the Swiss watch industry's largest export market in 2024 and ...
Taiwan Calls Trump Tariffs 'Unreasonable,' Plans Talks With Washington — Update
In Thursday's cabinet statement, Taipei attributed Taiwan's rising trade surplus with the U.S. to American customers' surging demand for semiconductors and related products, turbo-charged by ...
How much Nike, Adidas and Puma source from Asian countries including Vietnam
Analysts at Citi calculated that Puma and Adidas each source more than 60% of their goods from China, Vietnam and Indonesia. Nike's annual report shows that factories in Vietnam accounted for 50% of ...
Trump's very, very, very simple way of calculating reciprocal tariffs
Going back to the USTR reciprocal tariff calculation - 4 multiplied by 0.25% is 1, so, the factors offset each other. The most ironic part of the USTR message comes in the citations. It cites a paper ...
'I'm not trying to be overly doomsdayish': My grandmother is in her 70s and has $400K in stocks. Should she sell?
My grandmother is in her late 70s and has about $400,000 investments in the stock market. She has a $250,000 house, on which she has a mortgage with a fairly low interest rate. She has retirement ...
How much do YOU pay for rent, Caleb Simpson? TikTok star who tours homes talks about his own place.
It marks a milestone moment for Simpson, who has been granted access to the homes of some of the world's biggest stars in recent years, including Scarlett Johansson, Jared Leto, and Christie Brinkley, ...
I invested $100,000 in the S&P 500 in February and lost $10,000. How long will it take to recover?
Dear Quentin, I made the mistake of throwing $100,000 in the S&P 500 in early February. A few days after, I lost close to $10,000 due to the drop in the market, which started toward the end of ...
'I cannot afford to lose more': Will Trump's 'liberation day' tariffs hurt my retirement?
I invested $100,000 in the S&P 500 in February and lost $10,000. How long will it take to recover? Dear Soon, You have 3 years or more before retirement. Plus, you should be earning returns on your ...
Swiss Inflation Holds Steady as Tariffs Set to Buffet Economy — 2nd Update
"This means inflation will be a little lower than otherwise over the medium term," he said. He now anticipates the SNB to lower its policy to zero in June, compared with holding at 0.25% as previously ...
Thai PM Acknowledges U.S.'s 'Need to Rebalance Trade'
Faced with a 36% tariff under President Trump's newly announced tariff regime, Thailand's government has said it acknowledges the U.S.'s need to rebalance trade with various partners.