San Francisco, April 5, 2025 – Silicon Valley’s high-stakes wager on President Donald Trump’s 2024 campaign is off to a rocky start, with tech valuations cratering and IPO dreams deferred just months into his second term. Trump’s April 2 tariff bombshell—10% on all imports, with 24% on Japan, 46% on Vietnam, and 54% on China—unleashed … Read more
China Says “Market Has Spoken” After Trump Tariffs Spark Stock Rout Beijing, China – In a pointed response to the recent turmoil in global financial markets triggered by President Donald Trump’s announcement of new tariffs on Chinese imports, Chinese officials are asserting that “the market has spoken” in reaction to the escalating trade tensions. The … Read more
It looks like you’re referencing a phrase tied to recent discussions about Congress’s authority versus its willingness to act, especially in the context of President Trump’s aggressive tariff policies announced this week. The search results point to a CNBC article from April 4, 2025, titled “Trump tariffs: Congress has power, but question of will,” which … Read more
Nintendo Delays Switch 2 Preorders in U.S. Due to Trump Tariffs Kyoto, Japan, April 4, 2025 – Nintendo has postponed preorders for its highly anticipated Switch 2 console in the United States, originally slated for April 9, citing the need to assess the fallout from President Donald Trump’s sweeping new tariffs. The Japanese gaming giant … Read more
AppLovin Can Offer TikTok ‘Much Stronger Bid Than Others,’ CEO Says Palo Alto, Calif., April 4, 2025 – AppLovin Corporation (NASDAQ: APP), a mobile technology and adtech powerhouse, can deliver a “much stronger bid” for TikTok than its competitors, CEO Adam Foroughi declared Friday, as the race to acquire the embattled short-video app intensifies ahead … Read more
Klarna, StubHub Delay IPOs as Trump’s Tariffs Roil Markets New York, April 4, 2025 – Swedish fintech giant Klarna and U.S. ticketing platform StubHub have postponed their highly anticipated initial public offerings (IPOs), citing market turbulence unleashed by President Donald Trump’s escalating tariff regime. The decisions, reported by The Wall Street Journal on Friday, come … Read more
Houston, April 4, 2025 – Liberty Energy, the oilfield services company once led by U.S. Energy Secretary Chris Wright, saw its stock nosedive nearly 20% on Thursday, erasing over $600 million in market value, as President Donald Trump’s escalating tariff war sent shockwaves through the energy sector. The Denver-based firm, where Wright served as CEO … Read more
Traders Betting Fed Will Cut Rates New York, April 4, 2025 – Traders are ramping up bets that the Federal Reserve will slash interest rates at least four times this year, driven by mounting fears that President Donald Trump’s aggressive tariff policies could plunge the U.S. economy into a recession. As of Friday morning, futures … Read more
Detroit, April 4, 2025 – The world’s leading automakers are reeling from President Donald Trump’s “reciprocal tariffs,” enacted on April 2, with a swift cascade of price hikes, production cuts, and layoffs signaling a seismic shift in the global auto industry. As the tariffs—starting at 10% across all imports and spiking to 54% on China, … Read more
BREAKING NEWS Mortgage Rates Tumble Amid Tariff Easing, But Housing Affordability Crisis Persists June 10, 2024 In a surprising shift, U.S. mortgage rates have dropped sharply this week, hitting their lowest level in months as global trade tensions ease. The average 30-year fixed-rate mortgage fell to 6.2%, down from 6.8% just four weeks ago, according … Read more