Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm Traffic moves through the buildings in downtown Jakarta, Indonesia. Bloomberg | Bloomberg | Getty Images President Donald Trump on Tuesday said he reached a preliminary trade deal with Indonesia, which will set a 19% tariff on the Southeast Asian country’s U.S. exports. “We will pay…
Traders work on the floor of the New York Stock Exchange moments before the Closing Bell and the start of President Donald Trump’s news conference on tariffs on April 02, 2025 in New York City. Spencer Platt | Getty Images Stock futures ticked lower on Tuesday evening, as investors awaited earnings releases from several big…
Fund managers are becoming increasingly bullish on European equities, according to the latest iteration of Bank of America’s European Fund Manager Survey. European stocks have broadly enjoyed a significant rally this year, amid a diversification away from U.S. assets , the promise of massive fiscal stimulus in Germany , and a bull run in the…
Check out the companies making headlines before the bell. JPMorgan Chase — Shares fell less than 1% in the premarket after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 3% in the premarket after the company lowered its 2025…
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025. Guglielmo Mangiapane | Reuters Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund. Tom Taylor, who previously ran Amazon’s Alexa voice assistant division, will serve…
My top 10 things to watch Tuesday, July 15 1. The government’s June consumer price index matched estimates with a rise of 0.3% for the month, putting the year-over-year gain at 2.7%. The core rate, excluding food and energy prices, also matched. The S & P 500 was heading for a higher open today after…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 10, 2025. Jeenah Moon | Reuters Stock futures were higher Tuesday thanks to an advance in Nvidia shares as investors weighed the latest big bank earnings and awaited a key inflation reading. Futures tied to the S&P…
U.S. President Donald Trump and FIFA President Gianni Infantino carry the FIFA Club World Cup trophy on stage before presenting it to Chelsea FC at MetLife Stadium on July 13, 2025 in East Rutherford, New Jersey. This is the first time the U.S. has hosted the the FIFA CWC competition, one year before the U.S.,…
China’s second-quarter GDP grows 5.2%, topping market expectations China’s economy grew at a slower clip in the second quarter, slightly beating expectations as trade tensions with the U.S. rattled an economy already mired in deflation and a years-long housing downturn. China’s gross domestic product expanded by 5.2% in the second quarter, according to China’s National…
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