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Fed's Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place
If President Donald Trump's large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal Reserve governor Chris Waller said Monday. As a result, interest-rate cuts ...
Banks Face New Pressure to Report on Clean Energy Financing
The proposals cited Bloomberg New Energy Finance research claiming that to reach net zero, energy supply ratios must hit 4:1 ...
Trump gave tech companies a break from tariffs. Here's how long that could last.
Late Friday, the Trump administration exempted smartphones and other consumer-electronics products from recently imposed tariffs, in what appears to be at least a temporary win for Apple Inc. (AAPL), ...
Wegovy, Zepbound makers' stocks rally as a weight-loss-drug competitor drops out
So far this year, Pfizer shares have dropped 17.4%, while Novo Nordisk's stock has tumbled 24% and Lilly shares have slipped 3.2%. The SPDR S&P Pharmaceuticals ETF XPH has shed 12.1% year to date and ...
General Motors, Ford Shares Rise After Trump's Tariffs Commentary on Helping 'Some Car Companies'
Automaker stocks edged higher Monday after President Trump said he might put in place measures that would help some car companies, shortly after announcing a tariff exemption for tech products.
OPEC Cuts Oil Demand Outlook Amid U.S. Tariff Hit Despite Output Hike — Commodities Roundup
OPEC Cuts Oil Demand Outlook Amid U.S. Tariff Hit Despite Output Hike The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision ...
Fed's Waller supports interest-rate cuts soon if large Trump tariffs remain in place
If President Donald Trump's large tariffs remain in place for some time, the economy is likely to slow to a crawl, Fed Governor Chris Waller said Monday, and interest-rate cuts would be warranted, ...
Fed's Waller: Sustained Tariffs Could Send Inflation Near 5%
Waller said he has been considering two tariff scenarios. In one, average tariffs of around 25%--a steep increase from typical levels--might remain in place for some time. In the other, tariffs would ...
DAX Ends 2.85% Higher at 20954.83 — Data Talk
The DAX is up 580.73 points or 2.85% today to 20954.83 --Off 10.52% from its record close of 23419.48 hit Thursday, March 6, 2025 --Off 10.52% from its 52-week high of 23419.48 hit Thursday, March 6, ...
Why this kosher-for-Passover Coke with the yellow cap is going viral among non-Jewish shoppers
Count St. Louis resident Frank Scaduto as one of the fans of yellow-cap Coke. He's not Jewish, but he's a Coke lover who swears by the cane-sugar version, so he keeps a few extra two-liter ...
You Just Retired (or Are About to). Now What?
As with most things in life, the key for new- and near-retirees making it through this period with their sanity intact is to ...
S&P 500 on track for its first 'death cross' in three years. Here's what happens next.
The S&P 500 was headed for an ominous-sounding milestone on Monday, even as stocks looked set to build on their gains from last week's rebound. Once the closing bell rings, the large-cap index will ...