‘Permanent damage has been done,’ portfolio manager warns, as markets rejoice following Trump’s tariff freeze
Stock markets rebounded following the announcement that tariffs would ratchet down to a 10% universal levy, except for China.
Oil Prices Advance as Trump Pauses Tariffs on Some Countries
(Bloomberg) -- Oil prices surged for the first time since US President Donald Trump launched a trade war against most of America’s trading partners as some countries won a brief reprieve on Wednesday. Global benchmark Brent crude advanced above $65 a barrel after plunging for four sessions and slipping below $60 for the first time since 2021. West Texas Intermediate climbed to above $61. Trump announced a 90-day pause on higher reciprocal tariffs that hit dozens of trade partners after midnight.
Oil gains 4% in wild swing as Trump stuns markets with 90-day tariff pause
Oil retraced some of its recent losses in a stunning market rally after President Trump announced a 90-day pause on tariffs against non-retaliatory nations.
Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
Strategy's 25% Gain Leads as Crypto Stocks Soar on Trump Tariff Pause
The president earlier Wednesday announced a pause in his punitive reciprocal tariffs for all countries except China.
Bitcoin, Crypto-Related Stocks Soar After Trump Announces Tariff Pause
Shares of cryptocurrency-tied companies jumped along with the price of bitcoin Wednesday afternoon after President Donald Trump issued a 90-day pause on widespread "reciprocal" tariffs.
Bitcoin-Backed Loans Are Going to Get Way Cheaper Around the Globe: Ledn Co-Founder
The bitcoin lending market will get much more competitive in coming years, and that's good for consumers.
Walmart says tariffs are an opportunity to gain market share
(Bloomberg) -- Walmart Inc. executives are confident that the world’s largest retailer will reach its financial targets this year, despite tariff turbulence that’s sparking uncertainty in the world economy. On Wednesday, Walmart said that it still sees net sales growing 3% to 4% this year. That forecast accounts for tariffs, unlike its previous outlook from February. The company, which has historically performed well in economic downturns, plans to keep prices low. This means it could take a sho
Trump Administration Wants Weaker Dollar and That's Positive for Bitcoin: Bitwise
The asset manager said it was sticking to its 2025 year-end bitcoin price target of $200,000.
Stocks Are on One of the Wildest Rollercoaster Rides of the Last 25 Years
U.S. stocks continued their wild ride on Wednesday, with the S&P 500 swinging between gains and losses throughout the first half of the session before soaring after Trump announced a 90-day pause on most of the sweeping tariffs announced last week.