Wednesday, April 30, 2025

Economy

Golden State Ascendant: How California Became a Global Economic Powerhouse

California's economy has surpassed Japan's, reaching $4.1 trillion, with a growth rate of 6% amid concerns over tariff policies.

Dow, S&P 500, and Nasdaq Post Strong Weekly Gains Despite Ongoing Trade Risks

The NY stock market sees a four-day rally, led by Tesla and Nvidia, with substantial gains despite cautious investor sentiment.

Despite Weekly Losses, Oil Prices Rise for Second Straight Day Amid Trade Talk Hopes

Oil prices continued to rise on April 25, driven by trade talks between the U.S. and China, despite weekly losses for both benchmarks.

S&P 500 Soars 2% as Tesla, Nvidia Lead Tech-Stock Surge

New York stocks surged for three days, led by tech giants like Tesla and Nvidia, despite warnings of a potential downturn.

Oil Markets Recover: Brent and WTI Futures Edge Up After 2% Drop

Oil prices recovered despite mixed trade talks between the US and China, with Brent and WTI benchmarks rising after a prior decline.

Bessent Sets Agenda for U.S.–Japan Trade Talks: No Yen Target, Just Tariff Strategy

U.S. Treasury Secretary Bessent outlines trade talks with Japan, focusing on tariffs and trade deficit, avoiding currency targets.

Markets Rebound Strongly on Hopes of U.S.–China ‘Big Deal’ and Tesla Turnaround

The New York stock market rallied for the second day, driven by optimism in U.S.-China trade talks and strong tech stock performances.

Oil Prices Fall as OPEC+ Signals June Production Hike

Oil prices fell sharply after a surge due to U.S. sanctions on Iran, as OPEC+ considers increasing production rates in June.