De minimis trade loophole that boosted Chinese online retailers to end May 2
The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month…
Economy
Apple leads a drop in tech stocks after Trump tariff announcement
Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs. ...
‘Absolutely nothing good’ coming out of Trump’s tariff announcement: Analysts react to latest U.S. levies
Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for…
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said. ...
Hims & Hers shares rise as company adds new weight-loss medications to platform
Hims & Hers is adding Zepbound, Mounjaro, and the generic injection liraglutide to its platform. ...
Trump’s upcoming tariffs ‘will be effective immediately,’ White House says
Trump's reciprocal tariffs follow other import duties he has already announced, including tariffs on goods from Canada and Mexico and…
Stablecoin issuer Circle files for IPO as public markets open to crypto
JPMorgan Chase and Citigroup are serving as lead underwriters in Circle's IPO, according to the prospectus. ...
CoreWeave shares rip nearly 42% higher, rising above IPO price
CoreWeave shares rallied nearly 42% on Tuesday and bounced back from a lackluster second trading day on the public markets.…
Trump’s tariff gambit will raise the stakes for an economy already looking fragile
President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term. ...