tariffs

U.S. futures rose on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. During his testimony to Congress, Federal Reserve Chair Jerome Powell signaled slower growth and hotter inflation after the central bank left interest rates unchanged. President...

Japan's chief trade negotiator, Ryosei Akazawa, said that the country cannot accept U.S. President Donald Trump's 25% auto tariffs as trade talks continue with the seventh round set to take place in Washington. What Happened: "We have repeatedly explained to the U.S. that Japan's automobile...

Footwear and apparel leader Nike Inc (NYSE:NKE) could highlight a continued turnaround effort and its go-forward growth strategy when it reports fourth-quarter financial results after the market closes on Thursday. Here's a look at the analyst estimates, what experts are saying and key items to...

U.S. futures were flat on Wednesday after a positive day of trading on Tuesday. Futures of major benchmark indices were slightly positive. Investors hoped the ceasefire between Iran and Israel would hold and help calm geopolitical tensions. President Donald Trump declared Tuesday that a ceasefire...

U.S. futures were trading higher on Tuesday after a positive day of trading on Monday. Futures of major benchmark indices were trading higher. President Donald Trump announced a “ceasefire” in a Truth Social post, saying that "THE 12 DAY WAR" will be considered "ended." Despite this,...

Amazon.com, Inc. (NASDAQ:AMZN) is turning to luxury beauty products as a way to offset the impact of tariffs during its upcoming Prime Day sale.  What To Know: Under pressure from the new tariffs introduced by President Donald Trump, some sellers who source their goods from China and other...

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

A resurfaced 1988 interview of President Donald Trump has revealed that the then-businessman had been warning about the ‘Trump tariffs’ long before they became a reality. What Happened: In the interview on The Oprah Winfrey Show, Trump voiced his frustration with U.S....

Toyota Motor Corp. (NYSE:TM) will implement a price hike on certain vehicles sold in the United States by more than $200 beginning next month. What Happened: Some models under the Toyota and Lexus brands will see price increases averaging $270 and $208, respectively, as stated by Nobu Sunaga, a...

Health insurance companies have raised concerns that tariffs could lead to higher premiums for enrollees in the individual and small group markets next year. What Happened: Health insurers are informing states about the potential rise in premiums for individual and small group market enrollees in...

Monopoly maker Hasbro Inc. (NASDAQ:HAS) announced that it has cut 3% of jobs amid higher tariffs on imports from China. Here’s a list of five other publicly traded companies that have either reduced their workforce or intend to do so due to the impact of tariffs. What Happened: After...

Senior economist Mohamed El-Erian anticipated a rocky road ahead for the Federal Reserve to formulate the monetary policy, as the “uncertainties” surrounding the federal policies and geopolitical scenario “cloud” the Fed’s policy radar. What Happened: Despite the...

President Donald Trump met with Canadian Prime Minister Mark Carney on the sidelines of the G7 summit in Kananaskis, Alberta, on Monday. The media anticipated the conversation to clarify the tense U.S.-Canada relations, which have been strained over tariff escalations and a repeated proposal to...

Ursula von der Leyen, the President of the European Commission, has criticized China for its export restrictions on vital raw materials used in the production of cars, batteries, and wind turbines. The move, she says, is disrupting global trade and undermining competition. What Happened: Von...

The Federal Reserve is widely expected to hold rates steady at 4.25%-4.50% on Wednesday as President Donald Trump's volatile tariff policy clouds the economic outlook. The decision will mark the fourth straight pause in the rate-cutting cycle that began in September. Yet, rather than the rate...