US stock futures slid sharply as Wall Street reacted to the full implementation of President Trump’s sweeping tariffs on major US trading partners, which took effect at 12:01 a.m. on Wednesday. The tariffs — dubbed “reciprocal” by Trump — caught markets off guard when announced last week and are now driving market turmoil. Tuesday’s trading…
Oil prices dropped sharply on Monday during a volatile trading session, as President Trump threatened to impose additional tariffs on China—rattling markets and dragging down stocks. West Texas Intermediate (CL=F) futures briefly dipped below $60 per barrel for the first time since 2021, before recovering slightly to close at $60.70. Brent crude (BZ=F), the global…
U.S.-China Trade War Intensifies as Tariff Escalation Looms The trade standoff between the world’s two largest economies is escalating, with no signs of slowing. Just hours after U.S. President Donald Trump threatened to nearly double tariffs on Chinese imports, Beijing vowed to “fight to the end.” If implemented, the proposed U.S. tariffs could subject most…
Four children, all sisters, were found with “serious slash and stab wounds” after being attacked by a 49-year-old man in a New York residence over the weekend, the NYPD said. The victims, ages 8,11,13, and 16, were found by police in a Bensonhurst, Brooklyn apartment on Sunday, NYPD Police Commissioner Jessica S. Tisch said at…
WASHINGTON — Vice Adm. Shoshana Chatfield, the U.S. military’s representative to NATO, has been relieved of her duties by the Trump administration, marking the latest in a series of high-level military dismissals. The Pentagon has not issued a statement regarding Chatfield’s removal. She previously served as president of the Naval War College and is a…
27% tariffs were levied on India as part of Trump’s reciprocal plan, lowest amongst its Asian peers. The government intends to negotiate further and reduce tariffs for US imports into India under section 4 C of the executive order. Donald Trump called April 2 ‘Liberation Day’ and promised economic benefits from his tariff policies. India…
Once upon a time in Hollywood, Quentin Tarantino made Once Upon A Time In Hollywood – his love-letter to late-‘60s LA, and an elegiac swan-song to a bygone age of movie-making that rewrote the tragic death of Sharon Tate in true fairytale style. But it seems we’ll find out what comes beyond that happily ever after. In…
US stock futures plunged after President Donald Trump announced 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order. Futures attached to the Dow Jones Industrial Average (YM=F) tumbled 1.9%. Futures attached to the benchmark S&P 500 (ES=F) plunged 2.6%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) sunk 3.1%. Suspense over Trump’s long-promised reciprocal tariffs had…
“Liberation Day” turned out to be alarming. President Trump floored investors by announcing the largest tax hike on Americans since at least the 1940s. April 2, which Trump called “Liberation Day,” was Trump’s deadline for unveiling a sweeping set of taxes on imports that almost nobody in the investing universe saw coming. For the first…
US President Donald Trump’s reciprocal tariffs are a “major blow to the world economy”, EU chief Ursula von der Leyen warned Thursday, as she vowed Brussels was “prepared to respond”. “We are now preparing for further countermeasures, to protects our interests and our businesses if negotiations fail,” von der Leyen said, emphasizing that the EU…
