timef 04/08/2025

Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.

Technology stocks bounced Tuesday after three rocky trading sessions, spurred by hopes that the U.S. may negotiate aggressive tariffs with world leaders.

"It involves a measure of reset to a level that the global economy probably hasn't seen since the financial crisis of 2008-2009," the Emirates president said.

Crypto startup Ripple said Tuesday that it's agreed to buy prime brokerage firm Hidden Road for $1.25 billion in the company's biggest acquisition to date.

Trump's aggressive tariffs are threatening to derail Vietnam's ambitious growth target as diplomatic overtures to Washington are unlikely to shift policy.

The Trump administration refused to return the favor when Vietnam and the European Union offered to remove tariffs on U.S. imports.

Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.

Increased defense spending typically lifts all arms stocks, however European and Asian defense stocks have been outperforming their U.S. counterparts.

The Trump administration refused to return the favor when Vietnam and the European Union offered to remove tariffs on U.S. imports.

Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on U.S. products last week.

Apple is reeling over concerns that President Trump's tariffs could force the iPhone maker to raise prices or accept lower profits.

Kimbal Musk, the brother of the world's wealthiest person, took to X on Monday to criticize President Trump's tariffs.

Shopify CEO Tobi Lutke told employees in a memo that artificial intelligence is making its way across the company, including when it comes to hiring.

The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.

The icnonic steelmaker's pending purchase was earlier blocked by former President Joe Biden.

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.

When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail.

The Magnificent Seven stocks collectively shed more than $1.8 trillion in market value during a two-day market selloff.