The latest on Trump’s presidency as US and China agree to roll back tariffs
The trade war de-escalation with China represents a big win for the US economy and the American consumer, Kevin Hassett, Director of the National Economic Council of the United States, told CNN’s Kate Bolduan on Monday.
Hassett said Trump had scored major concessions from China and the United Kingdom in their respective recent frameworks for trade negotiations,
» Read more about: The latest on Trump’s presidency as US and China agree to roll back tariffs »
Read MoreChina, US cut crippling tariffs: What the deal really means
China and the United States have agreed to significant cuts in the tariffs they imposed on each other in recent months after talks over the weekend in Switzerland.
The two nations have also agreed to continue to negotiations.
Here’s a look at the deal and what it means for trade and the U.S.
» Read more about: China, US cut crippling tariffs: What the deal really means »
Read MoreJerry Moran recognizes Kansan Federal Reserve nominee on Senate floor
WICHITA, Kan. (KWCH) – U.S. Senator Jerry Moran spoke on the Senate floor last week in support of Kansan Michelle “Miki” Bowman, who was nominated by President Donald Trump to be the vice chair of the Federal Reserve for Supervision.
Last week, the Senate Committee on Banking voted to advance her nomination.
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Read MoreTech stocks are back in a bull market as Nvidia and Tesla soar
2025-05-12T14:46:14Z
- The Nasdaq-100 entered a bull market on Monday as stocks rallied on US-China trade progress.
- The US and China over the weekend agreed to lower tariffs for 90 days.
- Tesla rose 8% and Nvidia jumped 5%, with all other Magnificent Seven names also gaining.
» Read more about: Tech stocks are back in a bull market as Nvidia and Tesla soar »
Read MoreChina, US cut crippling tariffs: What the deal really means
China and the United States have agreed to significant cuts in the tariffs they imposed on each other in recent months after talks over the weekend in Switzerland.
The two nations have also agreed to continue to negotiations.
Here’s a look at the deal and what it means for trade and the U.S.
» Read more about: China, US cut crippling tariffs: What the deal really means »
Read MoreThe Burst
Palantir Just Posted Blowout Earnings, So Why Did the Stock Tank?
On the surface, Palantir Technologies (NYSE: PLTR) is firing on all cylinders. Revenue is accelerating. Margins are expanding. The company just posted its sixth consecutive quarter of profitability, a first in its history. And yet, within hours of reporting one of its strongest earnings beats to date, the stock cratered by double digits.
So what gives?
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Read MoreThe Ivy
Is This Market Doomed?
This year headlines blared about the S&P 500 entering correction territory and the Nasdaq dipping into a bear market. For newer investors, it may feel like the sky is falling but seasoned traders know better, it’s just another chapter in a very old playbook.
The truth is, if you think this year has been rough,
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Read MoreThe Spotlight
Will This AI Goliath Hit $4 Trillion by 2027?
While no company has reached that towering $4 trillion milestone yet, Microsoft, Apple, and Nvidia are all within striking distance.
It’s not inconceivable that any one of them could be first past the post but if you’re asking who not only gets there, but stays there, the strongest case can be made for Microsoft.
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