Crypto Ad-Tech Shop Builds 'Retargeting' Service to Reel in Likely Customers
Addressable is looking to bring Web2 marketing tactics to the Web3 economy.
Industrial Tech Firm Acuity's Stock Sinks on Soft Results, 'Uncertainty' Warning
Acuity shares dropped Thursday after the industrial technology company's fiscal second-quarter revenue and profit came up short of analysts' estimates.
VW to build Amarok for South American market in Argentina from 2027
Volkswagen is launching a new version of its Amarok mid-size pick-up truck targeted at the South American market from 2027, the carmaker said on Thursday, in the latest example of auto industry players localising production. VW is investing $580 million to refit its Pacheco plant in the province of Buenos Aires, which has produced an older version of the Amarok since 2010, towards producing the new design, it said.
Diageo Stock Avoids Tariff-Fueled Selloff as Mexican Tequila, Canadian Whiskey Spared Additional Tariffs
In a day of broad stocks declines as President Donald Trump’s tariffs rattle markets, shares of one major European drinks maker are holding up.
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
WASHINGTON (Reuters) -U.S. Federal Reserve officials who have said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook. The levies, which Trump gleefully displayed as a globe-spanning leaderboard of import tax rates, feature a baseline 10% for major trading partners like the European Union, higher still at 25% for Canada and Mexico, a massive 46% on Vietnam and potentially more than 50% for China. Within hours economists were penciling in a U.S. recession and drawing comparisons with the 1930s and even the late 1800s, early in the country's industrial development.
Dow and S&P drop as Trump's tariffs spark trade chaos on Wall Street
Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.View on euronews
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
(Reuters) -Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of a recession and a slowdown in consumer spending that could hurt earnings. Citigroup fell over 12%, while Bank of America sank 11%. Morgan Stanley, Goldman Sachs and Wells Fargo fell over 9% each.
Treasury Yields Approach 6-Month Low as Trump Tariffs Rattle Markets
Treasury yields tumbled on Thursday to a nearly 6-month low a day after President Trump announced sweeping tariffs that shook stock markets around the world.
What Do Trump's Tariffs Mean For the Federal Reserve's Fight Against Inflation?
The Federal Reserve's fight against inflation just got more complicated as President Donald Trump's tariffs could push up inflation and increase the chances of a recession, economists said.
Analysis-Emerging economies brace for Trump tariff 'turning point'
SINGAPORE/LONDON (Reuters) -Emerging economies worldwide are bracing for sliding currencies and a possible deterioration of their sovereign credit after U.S. President Donald Trump's tariffs brought levies on U.S. imports to their highest levels in 100 years. It could mark a negative turning point for emerging market debt just as many nations had hoped to lure investments after years of risk aversion. "We are immediately concerned by the potential impact of the severe tariffs imposed on a range of emerging economies — an approach which risks further damaging the development prospects of countries already facing worsening terms of trade," said John Denton, Secretary-General of the International Chamber of Commerce.