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The White House calls the decision ‘hostile’ as the e-commerce company denies any proposal is under consideration. Amazon may soon show how much tariffs imposed by US President Donald Trump will cost consumers who shop on the company’s platform, according to new reporting from the outlet Punchbowl News, citing a person familiar with the plan….
As Apple grapples with United States President Donald Trump’s tariff war with China, it has laid out plans to move to Indian assembly of the majority of iPhones it sells in the US by the end of 2026, a move that would double its current output from the South Asian nation and away from China….
Margins between CEO pay have long been a point of contention between workers and a rallying cry for progressives. Median pay among top United States CEOs rose 7.5 percent to a record $16.8m for 2024, a new study found, as big stock grants have boosted leaders’ reported earnings well beyond the pay received by US…
United States President Donald Trump has backed off his threat to fire the head of the US Federal Reserve, after his broadsides against the central bank boss prompted a plunge in the stock market and the dollar. Trump’s comments on Tuesday appeared to rule out any imminent plans to remove Federal Reserve Chair Jerome Powell,…
US stocks and the dollar have dropped sharply as United States President Donald Trump’s attacks on the chief of the US central bank shake investors’ confidence in the world’s top economy. The benchmark S&P 500 fell 2.36 percent on Monday, one of the steepest one-day declines of the year. The tech-heavy Nasdaq Composite tumbled 2.55…
A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai, on April 8, 2025. File | Photo Credit: PTI Equity benchmark indices were trading flat in early trade on Wednesday (April 16, 2025) amid sluggish global market trends due to rising U.S.-China trade tensions. After two days of sharp rally, the 30-share BSE…
United States President Donald Trump’s tariffs have roiled financial markets globally. But while Trump’s trade salvoes have sent stock markets on a rollercoaster ride, it is the turmoil in the bond markets – specifically the fall of bonds in tandem with stocks – that has prompted the most concern among economists. What are bonds? Bonds…
Throughout the past few weeks, United States President Donald Trump has announced a series of tariff policies, with shifting statements that have led to growing concerns about global economic instability. With Trump’s tariffs affecting nearly every country, many terms have been thrown around to describe the potential results. From trade wars to stock market drops,…
On April 2, 2025, President Donald Trump declared a 10 percent tariff on all imports, effective on April 5, with additional country-specific tariffs set to commence on April 9. The announcement sent shockwaves through the global economy, triggering the worst two-day loss in United States stock market history. On Thursday and Friday alone, $6.6 trillion…
US president threatens additional 50 percent tariff on China, as Beijing pledges to fight trade salvoes ‘to the end.’ US stocks have mostly closed lower after a day of wild swings in the market, as investors scramble to make sense of United States President Donald Trump’s tariff plans. The benchmark S&P500 and Dow Jones Industrial…
