Wednesday, April 30, 2025

That $12 Swimsuit? It’s $31 Now—Thanks, Tariffs

Chinese retailers Temu and Shein raise prices significantly due to new U.S. tariffs, impacting various product categories dramatically.

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.

U.S. Existing Home Sales Hit 16-Year Low as March Transactions Plunge 5.9%

U.S. home sales hit a 16-year low amid economic concerns, with potential declines in housing prices affecting consumer spending.

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.

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In the Spotlight

Trump Pushes for Immediate Russia-Ukraine Ceasefire, Highlights Potential ‘Economic Gains’

Trump hopes for a Russia-Ukraine ceasefire this week, linking it to future prosperity for both nations and the U.S.

Netflix’s Revenue Jumps 13% in Q1, Driven by Price Hikes and Ad Growth

Netflix's Q1 revenue hit $10.54B, beating estimates, driven by subscriber growth and ad revenue, with a focus on innovative advertising tech.

Eli Lilly’s Stock Rockets 14% as Dow Declines for Third Straight Session

U.S. stock market ends mixed ahead of Easter, with Eli Lilly soaring while Nvidia and UnitedHealth decline amid trade tensions.

WTI Jumps 3.5% as U.S. Sanctions on Chinese Refiners Tighten Supply

Oil prices surged as U.S. sanctions on Chinese firms raise supply concerns, pushing Brent and WTI prices higher ahead of Easter.

Foldable iPhone Incoming: 7.76-Inch Display, Samsung Panel, $2K+ Price

Apple is rumored to launch a foldable iPhone next year, priced between $2100-$2300, exceeding Samsung's foldable models.

Oil Prices Jump Nearly 2% After U.S. Sanctions Chinese Refineries

Oil prices surged over 1.8% amid supply concerns after U.S. sanctions on Chinese refineries importing Iranian oil.

Semiconductor Rout Sends Nasdaq Down 3%, S&P Falls 2.2%

The New York stock market plunged due to semiconductor export regulations and stagflation concerns, impacting major tech stocks.

‘Buy British’ Is Trending Again—Here’s What’s Driving It

A survey shows 71% of Britons support buying local products amid concerns over U.S. tariffs and rising living costs.

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Headlines

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

That $12 Swimsuit? It’s $31 Now—Thanks, Tariffs

Chinese retailers Temu and Shein raise prices significantly due to new U.S. tariffs, impacting various product categories dramatically.

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.

WTI Falls Below $61 as Global Demand Fears Intensify

International oil prices dropped significantly due to U.S.-China trade tensions, with Brent and WTI benchmarks falling sharply.

Exclusive Articles

Focus

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

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.

Hot Issue

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.

U.S. Existing Home Sales Hit 16-Year Low as March Transactions Plunge 5.9%

U.S. home sales hit a 16-year low amid economic concerns, with potential declines in housing prices affecting consumer spending.

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.

Economy

U.S. Existing Home Sales Hit 16-Year Low as March Transactions Plunge 5.9%

U.S. home sales hit a 16-year low amid economic concerns, with potential declines in housing prices affecting consumer spending.

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.

World

Trump Reopens Talks with Kim—Russia Steps Up, South Korea Sidelined?

Trump hints at ongoing U.S.-North Korea dialogue, sidelining South Korea as Russia's influence grows amid changing dynamics.

Trump Hits Allies with Major Tariffs, Says ‘Allies Often Worse Than Enemies’

Trump initiates a trade war, imposing tariffs on Northeast Asia and criticizing South Korea and Japan's auto markets for trade imbalances.

Senator Booker Speaks for 25 Hours in Fiery Trump Critique

Senator Cory Booker sets a new record with a 25-hour speech criticizing Trump, highlighting America's crisis and damage done in 71 days.

Trump’s ‘Make America Wealthy Again’ Speech Set to Reveal New Reciprocal Tariffs

Trump announces reciprocal tariffs to boost competitiveness and reduce trade deficit, aiming to protect the U.S. economy.

Politics

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

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.

Tech

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

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.

Recent News

‘Mercy or Mayhem?’ Australia Slammed for Culling Starving Koalas by Air

Victoria's government faces backlash for euthanizing over 700 koalas affected by wildfires, citing suffering and habitat loss.

Wall Street Rallies, But Cracks Appear in Big Tech Stocks

U.S. stocks ended mixed, with Nasdaq down 0.10% while Dow and S&P500 rose for five consecutive days, highlighting market volatility.

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

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.

U.S. Existing Home Sales Hit 16-Year Low as March Transactions Plunge 5.9%

U.S. home sales hit a 16-year low amid economic concerns, with potential declines in housing prices affecting consumer spending.

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.

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