Tuesday, April 15, 2025

Economy

Trump’s Tariffs Could Wreck the Economy—Here’s Why Larry Fink Thinks So

Trump's tariff policies may push the U.S. economy into recession, warns BlackRock's CEO Larry Fink, citing ongoing market uncertainty.

Nasdaq Rockets 7.3% in One Week—Is the Bull Market Back?

The New York stock market closed higher, driven by hopes for U.S.-China trade talks, with tech stocks leading substantial weekly gains.

Oil Rebounds Over 2%—But the Market’s Still on a Roller Coaster

International oil prices saw a brief rebound, but ended the week lower amid trade war concerns and fluctuating investor sentiment.

Amazon Warns: Tariff Burden Could Shift to Consumers

Amazon CEO Andy Jassy discussed tariff impacts, noting stable consumer behavior and proactive inventory management amid potential price hikes.

Oil Drops Sharply on Renewed U.S.-China Trade War Concerns

Global oil prices fell sharply after a White House clarification on Trump's tariffs, signaling potential trade war impacts.

From Relief to Reversal: 145% Tariff Warning Sinks U.S. Markets

U.S. stock markets plunged as fears of a trade war reignited after a tariff clarification, leading to significant losses across major indices.

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Japan Plans $335 Cash Payout for Everyone to Fight Inflation and U.S. Tariffs

Japan plans to distribute cash to all citizens to combat inflation and U.S. tariffs, with proposals for 50,000 JPY per person.