This article first appeared on GuruFocus. Tesla (TSLA, Financials) faces new worries about electric car demand in a harder U.S. market in its next earnings release. The adjustment followed President Donald Trump’s policy changes that changed electric vehicle economics. General Motors, Ford, and Stellantis have all warned about their EV operations. GM announced it would…
(Bloomberg) — US Treasury Secretary Scott Bessent dangled the possibility of extending a pause of import duties on Chinese goods for longer than three months if China halts its plan for strict new export controls on rare-earth elements. The US and China have agreed to a series of 90-day truces since earlier this year, with…
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback. The euro rose 0.14% to $1.1664 in early trade, hitting a one-week high. The yen also…
US Treasury Secretary Bessent announced on Wednesday (October 15) that 85 US senators are willing to grant President Donald Trump the authority to impose tariffs of up to 500% on China for purchases of Russian oil Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs…
Federal Reserve boss Jerome Powell’s remarks on the US labour market fuelled expectations for another interest rate cut this month (ROBERTO SCHMIDT) Stocks jumped Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the bank would cut interest rates again this month. After a volatile couple of…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Prominent tech investor, Marc Andreessen, expressed support for a suggestion for Tesla (NASDAQ:TSLA) CEO, Elon Musk to lead a $10 trillion program to reindustrialize America. Andreessen responded to a post on X by a user named Roman Helmet Guy, who…
Jimmy Kimmel and Stephen Colbert gave their reactions to the Gaza peace deal on Monday night. Both late-night hosts conceded that President Donald Trump successfully helped broker a breakthrough ceasefire that resulted in Hamas releasing the remaining Israeli hostages, while still finding plenty of other things to criticize the president about. “What a day for…
US, Europe realized earnings volatility is trending higher (Bloomberg) — Investors are once again preparing for big earnings-day stock moves, paying up to speculate in a market that’s faltering after it reached a record high. Options on S&P 500 Index members imply an average 4.7% fluctuation following corporate results, data compiled by Bloomberg show. That’s…
By Eduardo Baptista and Selena Li BEIJING/HONG KONG (Reuters) -China called U.S. President Donald Trump’s latest tariffs on Chinese goods hypocritical on Sunday and defended its curbs on exports of rare earth elements and equipment, but stopped short of imposing new levies on U.S. products. Trump on Friday responded to Beijing’s most recent export controls…
President Trump to visit Middle East amid US-mediated ceasefire President Trump plans to visit the Middle East to address the Israeli parliament, meet with hostage families, and lead a peace summit in Egypt as a U.S.-mediated ceasefire unfolds. Updated: 8:31 AM EDT Oct 12, 2025 Editorial Standards ⓘ President Donald Trump is set to travel…