(Bloomberg) — TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from the “world’s factory” — China. Most Read from Bloomberg Mostly filmed at Chinese factories purporting to supply top US brands from Lululemon Athletica Inc. to Nike Inc., the…
My top 10 things to watch Friday, April 11 1. Wall Street is heading higher open this morning, one day after the S & P 500 was unable to build on Wednesday’s historic rally and resumed its slide. Bond yields were up again Friday. 2. The March producer price index came in cooler than expected…
Boats in the harbor of Mui Ne, Vietnam, on March 8, 2023. Alexandra Schuler | Picture Alliance | Getty Images Vietnam has long been viewed as a successful example of embracing external trade, luring some of the largest companies in the world to establish hubs to manufacture everything from footwear to electronic products that grace…
Vietnam’s top leader, To Lam, has asked President Trump to delay the imposition of tariffs for at least 45 days so the two sides can avert a move that would devastate the Vietnamese economy and raise prices for American consumers. The 46 percent tariff rate the United States has said it will impose on Vietnam…
U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images Psychologist Carl Jung believed in the “collective unconscious,” a universal mind all humanity is tapped into. In the context of the…
The beginning of 2025 was a difficult one for the Dow Jones Industrial Average , but analysts are more optimistic on certain stocks heading into the second quarter. The 30-stock Dow has tumbled more than 2% in the first quarter. Chip giant Nvidia has led the decline with its 18% fall, followed by losses from…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the major averages posted back-to-back losses, and what’s on the radar for the next…
Over the past few years, we’ve highlighted the risk of a slowdown in consumer spending as the post-pandemic surge — where consumers were flush with cash — has given way to depleted savings and rising debt levels to sustain spending. Recent data over the past four months shows a noticeable shift in consumer sentiment, with…
Maybe it is worth waiting for stocks like Wynn Resorts , names so cheap that they can’t be explained. On Friday, I spent a considerable amount of time with Wynn CEO Craig Billings at his incredible hotel, the gem of the Las Vegas strip, talking about his business and its cockamamie stock price. Wynn’s valuation…
Check out the companies making headlines in premarket trading: FedEx — Shares tumbled more than 8% after the parcel delivery company slashed its full-year guidance , citing “weakness” in the U.S. industrial economy. FedEx now said to expect between $18 and $18.60 in earnings per share after certain exclusions, down from the range of $19…