Catenaa, Thursday, April 17, 2025-China has ordered its airlines to suspend new deliveries of Boeing aircraft, escalating tensions in an intensifying US -China trade dispute, Bloomberg reported Tuesday. The directive halts delivery of approximately 10 Boeing 737 Max jets slated for Chinese carriers. Exceptions may be made if documentation and payment are finalized before Chinese […]
Catenaa, Saturday, April 19, 2025- China has suspended all exports of rare earth minerals and related magnets, cutting off critical supplies to the US, Japan, Germany and other nations in response to President Donald Trump’s sweeping “Liberation Day” tariffs. Beijing imposed export restrictions April 4, requiring licenses for rare earth shipments. However, the licensing system […]
Catenaa, Thursday, April 10, 2025- China has announced a sharp increase in tariffs on US imports, raising them from 34% to 84% in a direct response to the US imposing 104% tariffs on Chinese goods earlier on April 9, 2025. This sudden escalation in the trade war caused a ripple effect in global markets, leading […]
Catenaa, Sunday, April 20, 2025-Investors are retreating from the US dollar and Treasurys as President Donald Trump’s sweeping tariffs stoke fears of economic instability and drive volatility in global markets. Since Trump’s latest tariff hike — the largest since 1909 — the dollar has lost nearly 10% of its value, hitting a three-year low against […]
Catenaa, Thursday, April 10, 2025- European Union (EU) countries are set to approve their first wave of retaliatory tariffs against the United States on Wednesday, directly responding to President Donald Trump’s sweeping trade levies that took full effect the same day. The EU’s countermeasures target US steel and aluminum tariffs and include new 25% duties […]
Catenaa, Friday, April 18, 2025-Freight carriers have begun canceling sailings from China to the United States as booking volumes plummet amid a deepening trade war, highlighting growing pressure on global supply chains and shipping routes. At least 80 canceled sailings from China have been recorded, according to logistics firm HLS Group. The cuts follow sharp […]
Catenaa, Wednesday, April 02, 2025-Global stock markets tumbled Monday as investors reacted to US President Donald Trump’s plans for sweeping new tariffs on imports, sparking fresh trade war fears. Trump, who has already imposed tariffs on steel, aluminum and cars, is set to announce additional levies on April 2, which could target all countries. The […]
Catenaa, Saturday, April 12, 2025- Goldman Sachs economists withdrew a recession prediction Wednesday just over an hour after issuing it, following President Donald Trump announced a pause of new tariffs on multiple countries. The initial forecast, released shortly before 1 p.m., projected a 65% chance of recession within the next 12 months, citing country-specific tariffs […]
Catenaa, Saturday, April 19, 2025-US stock futures declined late Tuesday as investors reacted to a steep drop in Nvidia shares and braced for key economic data due Wednesday. The S&P 500 futures fell 0.9%, while Nasdaq 100 futures dropped 1.3%. Dow futures were down about 0.5% following a choppy regular session that saw all three […]
Catenaa, Thursday, April 17, 2025-Nvidia has begun manufacturing AI chips in the United States, establishing operations in Arizona and Texas as trade tensions rise and new tariffs loom under President Donald Trump’s administration. The tech giant announced that its latest Blackwell chips are now being produced at Taiwan Semiconductor Manufacturing Company (TSMC) facilities in Phoenix. […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Thursday, April 17, 2025- Tesla shares have officially entered a “death cross,” a technical indicator that often signals extended market weakness, amid a turbulent stretch for the electric vehicle maker, a report said. The development, flagged this week by Business Insider, occurs when a stock’s 50-day moving average falls below its 200-day moving average. […]
Catenaa, Sunday, April 20, 2025- The Trump administration is considering using tariff revenues to help build a US Strategic Bitcoin Reserve without tapping taxpayer funds, a senior White House adviser said this week. Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, told investor Anthony Pompliano that proceeds from recently expanded […]
Catenaa, Saturday, April 19, 2025-Major US banks reported strong profit in the first quarter of 2025, surpassing analysts’ expectations. However, executives raised alarms over the economic impact of ongoing tariffs, warning of potential slowdowns in growth. While trading revenues surged, with record performances in equity markets at JPMorgan Chase and Morgan Stanley, industry leaders cautioned […]
Catenaa, Wednesday, April 16, 2025-New tariffs introduced by the Trump administration could cost US semiconductor equipment makers more than $1 billion a year, according to industry estimates discussed with US lawmakers and officials. The three largest companies in the sector—Applied Materials, Lam Research, and KLA—may each face losses of about $350 million annually due to […]