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Trump, Starmer Strike US-UK Trade Deal: Steel, Cars, Beef At Center Of Pact
Thursday, May 8, 2025 - 12:35pm | 784The U.S. and U.K. sealed a bilateral trade deal Wednesday, cutting tariffs, boosting industrial ties and securing billions in new market access. The announcement came during a White House press conference where President Donald Trump unveiled the agreement alongside UK Prime Minister Keir Starmer...
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Bill Ackman Calls Tariffs A 'One Time Reset,' Warns Prolonged China Fight Could Drag Market Slump To Q2
Tuesday, May 6, 2025 - 5:16am | 531Billionaire hedge‑fund manager Bill Ackman expects Washington's trade fight to fade quickly, stating that tariffs will amount to "a one‑time reset" rather than a new wave of inflation. What Happened: “The important thing is the tariffs get resolved in the relative short term,” the...
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Trump Labels Market Decline 'Biden's Stock Market' As He Distances Tariffs From Downturn (CORRECTED)
Wednesday, April 30, 2025 - 2:30pm | 360Editor's Note: This article has been updated to accurately reflect President Donald Trump's current status. President Donald Trump took to Truth Social on Wednesday to distance himself from the current state of the stock market, reminding followers, "This is Biden's Stock Market, not Trump's."...
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Crude Reality: Energy Sector Becomes S&P 500's Worst Performer, Thanks To Trump's Tariff Turmoil
Wednesday, April 30, 2025 - 11:31am | 560So much for “drill, baby, drill.” The energy sector is drilling all right – straight into red territory. Down a bruising 11.47% over the past month, Energy, as tracked by the SPDR Energy Select ETF (NYSE:XLE), has officially become the worst-performing sector in the S&P 500....
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Manufacturing Momentum Or Market Mirage? Commerce Secretary Talks Revival, Dismisses Recession Warnings
Tuesday, April 29, 2025 - 4:05pm | 870Commerce Secretary Howard Lutnick is standing firm behind the Trump administration’s plans to bring manufacturing back to the U.S. despite surveys showing pessimistic consumers and recession fears. What To Know: Tuesday on CNBC’s “The Exchange,” Lutnick touted that President...
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6 Stocks Showing Momentum As The Market Rebounds
Tuesday, April 29, 2025 - 1:57pm | 1552Don't call it a comeback, but the market attempted to rally last week after a worrisome Monday decline. The S&P 500 closed above 5500 on Friday for the first time since President Donald Trump announced a 90-day pause on levying his reciprocal tariffs. While the benchmark index was still 150...
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US Consumer Expectations Falls To 13-Year Lows As Recession Fears, Inflation Worries Surge
Tuesday, April 29, 2025 - 12:12pm | 695American consumers are growing sharply more pessimistic, with expectations about their financial future plunging to the lowest levels since October 2011. Inflation expectations spike as job prospects darken, underscoring the economic challenges surfacing as President Donald Trump celebrates his...
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General Motors CEO Delays Earnings Call, Margins Weaken As Tariff Uncertainty Remains
Tuesday, April 29, 2025 - 8:56am | 516General Motors Company (NYSE:GM) CEO Mary Barra postponed an earnings call to Thursday, May 1, sending the auto manufacturer’s share prices lower in the premarket session. The announcement came after the Detroit-based company reported first-quarter results. According to the financial results...
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Jeffrey Sachs Compares Trump's Tariff Logic To Maxing A Credit Card And Blaming The Store, Says US Simply 'Outspending Its National Income'
Tuesday, April 29, 2025 - 4:44am | 552Economist Jeffrey Sachs compared President Donald Trump’s tariff logic to blaming shopkeepers for a maxed-out credit card. What Happened: Arguing at Turkey's Antalya Diplomacy Forum, Sachs said, “If you take your credit card and you go shopping and you run up a large credit card debt,...
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'COVID-Like' Shortages, Empty Shelves Expected Thanks To Trump Tariffs, Experts Say
Friday, April 25, 2025 - 1:47pm | 465President Donald Trump's steep tariffs on Chinese imports could lead to empty store shelves and shortages for consumers in the coming weeks, experts warn. What To Know: The currently steep tariffs on imports and uncertainty around future trade policy has led to U.S. retailers such as Walmart...
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Ex-Shark Tank Star Exposes Consumer Sticker Shock Over 'Made In USA' Premiums After Tariff Surge: 'Not A Single Unit Sold'
Friday, April 25, 2025 - 6:03am | 634Shark Tank Season 15 alumnus Ramon van Meer says the Trump-era tariff spike is exposing a hard truth about patriotic shopping: most buyers bolt when the price tag jumps. What Happened: In a blog post published this week, the entrepreneur and founder of a water-filter brand named Afina, described a...
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Japan's Counterpunch To Trump Tariffs: Emergency Measures Deployed As US Trade Talks Loom
Thursday, April 24, 2025 - 8:25pm | 567Japan’s government has announced a series of emergency economic measures to counteract the adverse effects of increased tariffs imposed by the United States. The move, announced on Thursday, comes as Japan prepares for further trade discussions with the U.S. next week. What Happened: Japan...
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EXCLUSIVE: These Emerging Markets Are The Calm In The Tariff Storm
Thursday, April 24, 2025 - 2:29pm | 637As global markets spiral from fresh tariff hikes, some emerging markets defy the chaos—surviving and thriving. In exclusive insights shared with Benzinga via email, Violeta Todorova, Senior Research Analyst at Leverage Shares, spotlighted several resilient economies she perceives as "best...
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TSMC, ASML May Win The Chip War, Says Expert, But Nvidia And Intel Could Feel The Heat From Trump Tariffs
Thursday, April 24, 2025 - 6:09am | 1038A semiconductor expert on AlphaSense broke down the industry’s shifting dynamics with tariffs, trade wars, and other geopolitical uncertainties. While not named by the platform, the expert drew clear lines between those who are poised to win big amid this chaos and those who stand to lose....
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Stocks Surge On China Tariff Hopes, Tesla Jumps, Gold Loses Shine: What's Driving Markets Wednesday?
Wednesday, April 23, 2025 - 1:27pm | 1694Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence. The administration eased market fears on two major fronts that have recently weighed heavily on sentiment. On the trade front,...