NEWS & MEDIA
APR2

2025

Tariff Loophole That Helped Temu, Shein Will Close May 2

De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free, will end on May 2, the White House said, a potential blow to discount marketplaces like Temu and Shein.

APR2

2025

Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting

Apple Inc. is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions.

APR2

2025

Antitrust Leaders Push to Shield High-Profile Cases From DOJ Cuts

Top officials in the Justice Department’s antitrust division are trying to blunt an agency-wide reorganization plan from derailing major competition cases, according to people familiar with the matter.

APR2

2025

Oracle Tells Clients of Second Recent Hack, Log-In Data Stolen

Oracle Corp. has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two people familiar with the matter. It’s the second cybersecurity breach that the software company has acknowledged to clients in the last month.

APR2

2025

SMBC, Fujitsu to Partner on AI-Driven Forecasting Services

Sumitomo Mitsui Banking Corp. is tapping Fujitsu Ltd.’s artificial intelligence models to bolster its advisory services for customers grappling with rising wages and materials costs.

APR2

2025

Yen Outperforms Major Peers as Trump Tariffs Fuel Haven Bid

The yen was the best performer among major currencies after US President Donald Trump’s tariffs announcement boosted haven demand.

APR2

2025

US Senate Opposes Tariffs on Canada in Rare Split From Trump

Republican senators were forced late Wednesday to do something they’ve avoided: take a public stand on the trade war President Donald Trump is instigating.

APR2

2025

Fear Grips Markets as Trump Tariffs Raise Risks to Global Growth

For a brief moment, it looked like Wall Street’s worst fears about President Donald Trump’s tariff plans were misplaced — and a relief rally started rippling through markets.

APR2

2025

Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand

Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, ratcheting up a trade war that threatens global demand.

APR2

2025

S&P 500 Futures Sink as Bonds Jump on US Tariffs: Markets Wrap

Stocks plunged and haven assets rallied as investors rushed for safety after US President Donald Trump unveiled reciprocal tariffs that were more aggressive than expected, sparking concerns over inflation and growth.

Copyright @xSyphon. All rights reserved.