Oil is celebrating the anniversary of its worst day ever with some early losses – Forexlive
Five years ago, today marked one of the most crazy days of all time in the commodity futures market. The May 2020 WTI contract began the day at $17.85 and was absolutely truly broken. It held for a while with big round numbers like $10 and $5, making a stand of zero and then completely […]
Johnson & Johnson worried about losses from China tariffs despite projecting $700 million in profits
Johnson & Johnson CEO said Trump’s tariffs on drugs could cause problems in the drug supply chain. In an investor’s call, CEO Joaquin Duato told colleagues that he should work with the Trump administration to address supply chain vulnerabilities that could result from tariffs. The statement appeared to be an effective call for the Trump […]
Taxpayer impact from public pension investment losses – Newsday
ALBANY — The state's large pension fund, which serves around 1.7 million civil servants and retirees, is expected to survive the prospect of stock market disruption and additional declines, according to state and national authorities. However, taxpayers could be hit in 12 months, how much is based on the magnitude of the loss? Taxpayers by […]
European stocks swing to losses after China retaliates with higher tariffs on U.S. goods – CNBC
America will be hit far more harder than Europe in the trade war, says top EU officials EU Economic and Productivity Commissioner Bardis Dombrovskis was portrayed before an informal meeting of the EU Minister and Central Bank Governor (ECOFIN) for EU Economic and Finance Affairs held in Warsaw, Poland on April 11, 2025. Wojtek radwanski […]
Duckett says England losses in ODI and Champions Trophy ‘hurt me so much’ | England cricket team
Ben Duckett has described England's humble experience with the Indian and Pakistan Champions Trophy as “so hurting me” and he hopes they can compensate this summer. The UK lost 10 of 11 whiteball matches since the turn of the year, including all three of the Champions Trophy, finishing the bottom of the group, triggering the […]
US booze importers cancel European wine shipments — and brace for devastating losses — as Trump tariffs loom
US liquor importers are cancelling cargo from Europe and paying potentially catastrophic losses as President Trump threatens 200% higher tariffs that could take effect next month. The US Wine Trade Union, which represents around 6,000 retailers and wholesalers, said President Trump's threat of slapping 200% tariffs on European alcohol had a calm effect, with some […]
Iran leans on Houthis as proxy forces suffer losses
First on FOX: Tehran has undergone a major year-long setback in the Middle East as it has flagged the Gaza Strip, Lebanon and Syria and is leaning against Iranian proxy forces on impacts on Yemeni footy terrorist groups to carry out their offensive purposes. Some of the most senior military personnel of Iranian Islamic Revolutionary […]
Stocks Pare Losses After Trump’s Moves and Comments Rattled Investors – The New York Times
Fear of the economic future health continued to rattle markets around the world as investors tried to baffle through President Trump's commitment to tariffs despite the potential fallout that policies on inflation, consumer spending and overall growth could have. Stocks were mixed on Tuesday after the S&P 500 suffered the worst day of the year […]
Gold price trades with modest losses; holds above $2,900 amid rising trade tensions – FXStreet
As gold prices drop due to rising US bonds, USD can move away from months' lows. Trump's tariff plans and uncertainty about the fear of the trade war should serve as a tailwind for the Xau/USD pair. If the Fed cuts interest rates further this year, it could contribute to limiting the losses of yellow […]
Dollar claws back losses on renewed tariff worries – Yahoo Finance
By Ray Wee SINGAPORE (Reuters) – After President Donald Trump said tariffs in Mexico and Canada went as planned, it fell to a low in more than two months at the beginning of the week, supported by a safe haven flow. The dollar rose on Tuesday. The stronger dollar leaves the euro at $1.0461 at […]