Trump auto tariffs: Wall Street reacts as stocks slide
Automakers get walloped by new Trump tariffs.
Crypto Daybook Americas: Trump's New Tariff Threat Fails to Budge Bitcoin
Your day-ahead look for March 27, 2025
3 Smart Cryptos to Buy in a Market Crash
Established cryptos like Bitcoin and Ethereum are more likely to recover from a crash.
Vanguard Met With Blackstone, Carlyle on Private Markets Product
(Bloomberg) -- Vanguard Group held discussions with major alternative asset managers in recent months to explore potential tie-ups that would market private assets to individual investors.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesThe talks
Global Auto Stocks Drop on Trump's 25% Import Tariffs Plan
Global automaker stocks are tumbling Thursday, a day after President Donald Trump announced a 25% tariff on the import of foreign-made cars and auto parts not compliant with the U.S.-Mexico-Canada Agreement (USMCA).
Cnooc Profit Rises on Increased Oil and Gas Drilling Output
(Bloomberg) -- Cnooc Ltd. posted higher annual earnings and boosted its dividend, as growth in energy output offset weaker prices.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesNet income rose to 137.9 billion yuan ($19 billion) in 2024, from 1
Wall Street is cooling on stocks — but it still likes the 'Magnificent 7'
While many strategists have been lowering their S&P 500 year-end targets, they don't think a sell-off in large-cap tech stocks is likely to continue.
Serbia expects another sanctions waiver from US for oil company NIS, official says
Serbian oil company NIS, majority-owned by Russia's Gazprom Neft and Gazprom, is likely to get a last-minute, 30-day extension to its waiver from U.S. sanctions, the CEO of state gas company Srbijagas said on Thursday. The previous waiver is due to expire at midnight, and if it is not extended NIS could face crude supply cuts. NIS operates the only oil refinery in Serbia, which has annual capacity of 4.8 million tons and covers most of the Balkan country's needs.
Trump administration tells oil and biofuels groups to hash out new biofuel policy
U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term, according to four people familiar with the matter. Big Oil and the Farm Belt's biofuels makers are traditional competitors for share in the multibillion-dollar U.S. gasoline market. The White House directive has already yielded at least two bilateral meetings, including one hosted last week by the American Petroleum Institute, said the sources, who include Will Hupman, API's vice president of downstream policy, and three others who asked not to be named.
Trump's pick to lead markets watchdog faces Senate amid agency tumult
(Reuters) -Paul Atkins, a former Wall Street regulator whom President Donald Trump has tapped to run the U.S. Securities and Exchange Commission, is set to testify at a Senate confirmation hearing on Thursday at a time of major change at the agency and across the federal workforce. Jonathan Gould, Trump's nominee to supervise the largest U.S. banks as comptroller of the currency, is also set to appear, along with Luke Pettit and Marcus Molinaro, Trump's picks for senior roles at the Treasury and Transportation departments, respectively. In prepared remarks released Wednesday, Atkins avoided addressing White House efforts to slash the SEC's workforce as part of broader government cuts, instead pledging to deliver regulation that would benefit the crypto industry and prevent "overly politicized" regulations from stifling free enterprise.