Market

Trump's tariff on Canadian imports could cost American households $690 each, according to the Yale Budget Lab. The tax could raise prices on a wide range of products, including natural gas, crop fertilizer, lumber, milk, and produce.

Published on: February 04, 2025, 02:04 PM UTC

President Trump's new tariffs on imports will cause pain in the form of higher prices and economic uncertainty, but economists warn that they will also push up inflation and lower growth. The national debt is a more pressing economic problem that requires a combination of spending cuts and tax hikes, but Trump is instead focusing on tax cuts and tariffs.

Published on: February 04, 2025, 02:03 PM UTC

Published on: February 04, 2025, 02:03 PM UTC

Morning Brief: Market swings on tariff uncertainty; investors pricing in risk

Published on: February 04, 2025, 02:03 PM UTC

Microsoft co-founder Bill Gates discusses Nvidia's competition in the AI chip race and questions the future of AI spending with the rise of cheaper Chinese alternatives like DeepSeek.

Published on: February 04, 2025, 02:02 PM UTC

Merck's Q4 and 2024 earnings met expectations, but

Published on: February 04, 2025, 02:02 PM UTC

Brazilian central bank's meeting minutes reveal concerns over inflation above tolerance range for next six months due to rising food prices and elevated service costs. The bank signals further interest rate hikes may be necessary to bring inflation under control.

Published on: February 04, 2025, 02:01 PM UTC

US sanctions are yet to seriously impact Russian crude exports, but signs emerge that the restrictions are hindering the completion of shipments. Most notably, just two of 11 cargoes shipped from the Sakhalin Island oil and gas projects have discharged since the regulations took effect, with the remaining nine stalled or idling. Only one post-sanctions cargo has been transferred to another vessel, and while key Pacific grade ESPO continues to move, unsanctioned vessels are replacing those targeted by the US. Notably, the first tanker to load a post-sanctions cargo from the Arctic port of Murmansk is headed for India, despite the country's announcement that it will not accept cargoes on sanctioned vessels after a deadline later this month.

Published on: February 04, 2025, 02:01 PM UTC

US futures steady, dollar weakens as traders assess tariffs and earnings

Published on: February 04, 2025, 02:00 PM UTC

PepsiCo faces challenges due to tariffs and competition. Q4 earnings beat estimates but guidance is conservative. Sales growth remains muted due to headwinds in key segments. Rival Coca-Cola outperforms PepsiCo in the past year.

Published on: February 04, 2025, 02:00 PM UTC