US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Tuesday, July 8, 2025. Aaron Schwartz/CNP/Bloomberg via Getty Images President Donald Trump on Thursday said that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock…
United States President Donald Trump speaks to the Press before departs at the White House to Alligator Alcatraz, Florida on July 1, 2025, in Washington DC. Celal Gunes | Anadolu | Getty Images President Donald Trump’s politically charged new tariff threat — a blanket 50% duty on imports from Brazil — stretches an interpretation of…
In a Thursday interview with CNBC’s Jim Cramer, Levi Strauss CEO Michelle Gass reviewed the apparel maker’s most recent quarter and explained that strong business abroad helps shield the company from the effects of new U.S. tariffs. “We are competitively positioned better than most as it relates to tariffs,” Gass said. “Number one, 60% of…
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of the country’s total supply, according to data from the U.S. Department of Agriculture. Coffee beans need to grow in a warm, tropical climate, making Hawaii…
X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she lost the blue checkmark next to her account name….
Nurphoto | Nurphoto | Getty Images Delta Air Lines is studying new types of airplane tickets — this time in the premium cabins at the front of the plane. Airlines spent years slicing up their coach cabins, from extra legroom seats to bare-bones basic economy fares that don’t allow changes or include a seat assignment….
Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves. The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the…
One way for investors to justify buying stocks now, despite all of the uncertainty in the macroeconomy, is to operate as if today’s news likely won’t matter much to the market in a year. Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, said in a note to clients that there is a new…
Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,766.74. Earlier, it rose as high as $113,863.18. Over the past 24 hours,…
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation, in Washington, D.C., on Jan. 26, 2022. Joshua Roberts | Reuters The Federal Reserve is taking another step toward easing regulation for big financial institutions, this time…
