Recession Risks Rise as Global Markets Face Uncertainty
Global recession risks have emerged as a major concern in financial markets, but the economic data and key indicators suggest a more nuanced situation than it may appear at first glance. A
Toyota Projects $1.3 Billion Loss from Trump’s Tariffs
Toyota announced on Thursday that President Trump’s sweeping tariffs, including the automobile import taxes, are projected to result in a $1.3 billion loss in profits for April and May. The Japanese-owned automaker
Ford Increases Prices Due to Trump’s Tariffs
Ford Motor has raised prices on three of its Mexico-produced models, effective May 2, marking one of the first significant price adjustments by major automakers due to U.S. President Donald Trump’s tariffs.
Bill Gates to Give Away $200 Billion by 2045, Criticizes Musk
Bill Gates announced on Thursday that he will give away $200 billion through his Gates Foundation by 2045. In a sharp rebuke to Elon Musk, Gates accused the world’s richest man of
Maersk Posts Strong Q1, Warns of Trade Tariff Risks Ahead
Danish shipping giant Maersk posted stronger-than-expected first-quarter results on Thursday but cautioned that ongoing U.S.-China trade tariffs could limit global container market volumes in the coming months. The company, considered a key
Super Micro Stock Drops Amid Lowered Outlook, Tariff Concerns
Super Micro Computer (SMCI) saw its stock drop nearly 6% midday Wednesday after the company revised its full-year revenue guidance for 2025, citing the ongoing economic uncertainty exacerbated by President Trump’s global
Disney’s Q2 Earnings Beat Expectations, Shares Rise 10%
Disney reported strong fiscal second-quarter results on Wednesday, surpassing Wall Street’s expectations with better-than-expected earnings and revenue growth. The company credited robust subscriber growth for its Disney+ streaming platform, which saw an
Apple and Alphabet Shares Drop After AI Search Remarks
Shares of Alphabet and Apple fell sharply on Wednesday after Eddy Cue, Apple’s services chief, made comments regarding the future of search engines in which he suggested that AI search engines could
Fed Holds Rates Amid Trade Uncertainty, Risks of Stagflation
The Federal Reserve opted to keep its key interest rates unchanged on Wednesday as the U.S. economy navigates the volatility caused by President Donald Trump’s trade war and his ongoing tariff policies.
China Announces Stimulus Measures Amid Trade Talks with U.S.
In a move aimed at softening the economic impact of the ongoing trade war with the United States, Chinese authorities announced a series of stimulus measures on Wednesday. These steps, including interest