Howard Lutnick Defends Trump Tariffs Saying ‘Everybody Needs Our Economy’ — Especially China
Lutnick defends Trump’s tariff policies, highlighting US’s role as top consumer. Critics argue tariffs expose vulnerability to retaliation. read more
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‘There’ll Be A Transition Cost,’ Trump Says Amid Tariff Woes As Bessent Hints At Behind-The-Scenes Negotiations
U.S. President Donald Trump has warned of “transition problems” as the global tariff war rages on, causing markets to falter. read more
Amazon CEO Andy Jassy Says Trump Tariff Costs Could Hit Consumers As Sellers Pass Them On, Working To Soften The Blow
Amazon CEO Andy Jassy warned that Trump’s new China tariffs could drive up prices for consumers as third-party sellers pass on costs, while the company works to limit price hikes amid a 17.71% year-to-date stock decline. read more
Dr. Doom Transforms To Dr. Boom, Nouriel Roubini Says Mickey Mouse Could Be US President And ‘Economy Will Keep Growing’
Renowned macroeconomic expert Nouriel Roubini, also referred to as ‘Dr. Doom’ or ‘permabear,’ a moniker he earned by correctly predicting the 2008 financial crisis, has a bullish outlook on the U.S. and global economy, defying several Wall Street forecasts in recent weeks. read more
Bitcoin’s Final Crash? Peter Schiff Predicts 2025 Crisis Will End What 2008 Created
Peter Schiff, a well-known economist, took to social media on Thursday to express his views on Bitcoin (CRYPTO: BTC) in the context of the current market conditions. He stated that while Bitcoin emerged from the 2008 financial crisis, the ongoing financial turmoil of 2025 could mark its end. read more
TikTok E-Commerce Team Reportedly Hit With Layoffs Days After Trump’s ByteDance Deadline Reset
TikTok has reportedly laid off members of its U.S. e-commerce team amid internal performance issues and growing uncertainty over its future in the U.S., just days after a ByteDance divestment deal collapsed following Trump’s steep new tariffs on China. read more
Bitcoin, Ethereum, Dogecoin Tumble As Trump Ups China Tariffs, Scraps IRS Rule In Nod To Crypto Voters: Rising Yuan Could Boost Altcoins, Says Analyst
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. read more
Cathie Wood’s Thursday Plays: Healthcare AI And Crypto — Ark Scoops Up Tempus AI and Coinbase Stock Amid Trump Tariff Crash
Ark Invest made major buys in Tempus AI and Coinbase on Thursday, as markets slid amid economic uncertainty and Trump’s new 145% China tariffs. read more