Usa Financial News
02.04 / 01:23
markets
COST
Citi
Trade
President
cover
Investors tread warily as tariff clock counts down
Asian stocks edged lower as traders grapple with how to position themselves in the countdown to President Donald Trump’s sweeping tariffs announcement. A regional gauge declined as indexes in Japan and South Korea dropped at the open. Treasury yields advanced after a multi-day drop as traders weighed the odds of Federal Reserve policy easing.
01.04 / 23:39
Provident
CEO
Airlines
security
country
information
Department
Mint Primer: Do AIF investors need easier accreditation?
Subscribe to enjoy similar stories. In India, CDSL Ventures Ltd (CVL) is granted recognition by Sebi to act as an accreditation agency for investors. The person will have to carry out the accreditation process on his own, visit the CVL portal, and submit proof of identity, such as PAN, Aadhaar card or passport.
01.04 / 20:25
Target
community
wellness
President
Celebrity
reports
rights
Lena Dunham rallies for trans rights just outside US Capitol, targets President Donald Trump
Lena Dunham recently stepped out to lead a rally for trans rights just outside the US Capitol. The 38-year-old feminist advocate made a rare appearance in Washington DC on March 31. The rally was hosted by the Christopher Street Project for the Trans Day of Visibility, People magazine reported.
01.04 / 20:25
FIVE
Career
security
Celebrity
Basketball
stars
Sporting
Dennis Rodman: Career, relationships and 2025 net worth of former NBA star
Dennis Rodman is a highly regarded professional basketball player, famous for his defensive and rebounding abilities in the National Basketball Association (NBA). Besides his sports career, Rodman has even had a brief stint as an actor and political diplomat. Fondly called 'The Worm,' Rodman was a member of different sides that won five championship victories. He has also secured the Defensive Player of the Year awards twice and was on top of the league in rebounds per game for a total of seven straight seasons.
01.04 / 20:25
Provident
Digital
Apple
McDonald’s
Minecraft
Features
Videos
McDonald's special limited edition meals add to 'A Minecraft Movie' fever
A Minecraft Movie' just days away, special meals inspired by the highly popular Minecraft video game were introduced to McDonald's menu on Tuesday (April 1). The collaboration gives Minecraft fans a choice to select between two entrees for their meal: a Big Mac or a 10-piece Chicken McNuggets. The McNuggets version comes with the limited-edition sweet-and-spicy Nether Flame Sauce.
01.04 / 15:21
01.04 / 14:49
UPS
Reuters
Manufacturing
economy
wellness
President
US manufacturing slips back into contraction as tariffs angst mounts
The Institute for Supply Management (ISM) said on Tuesday that its manufacturing PMI dropped to 49.0 last month from 50.3 in February. A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.2% of the economy. Economists polled by Reuters had forecast the PMI slipping to 49.5. Manufacturing started turning around at the beginning of the year after a lengthy recession triggered by the Federal Reserve's aggressive interest rate hikes in 2022 and 2023 to tame inflation. But the nascent recovery appears to have been snuffed out by President Donald Trump's barrage of tariffs. Trump, since returning to the White House in January, has announced and delayed tariffs on Canada and Mexico for what he alleges is their role in allowing the opioid fentanyl into the U.S., set import taxes on goods from China for the same reason, launched hefty duties on imports of steel and aluminum and slapped a 25% levy on imported cars and light trucks. Trump promised to announce global reciprocal tariffs on Wednesday, which he has dubbed «Liberation Day.» He sees tariffs as a tool to raise revenue to offset his promised tax cuts and to revive a long-declining U.S. industrial base.
01.04 / 14:49
COST
economy
Trade
President
War
country
Donald Trump's 'Liberation Day' tariffs are coming. What do these duties mean for you and USA economy?
Donald Trump has reiterated that Wednesday will be «Liberation Day» — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods. The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing hundreds of billions of dollars in new projects to avoid the import taxes. It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them. What exactly does Trump plan to do? He wants to announce import taxes, including 'reciprocal' tariffs that would match the rates charged by other countries and account for other subsidies. Trump has talked about taxing the European Union, South Korea, Brazil and India, among other countries.
01.04 / 14:37
01.04 / 12:47
UPS
Trade
President
country
consequences
reports
Wall Street giants hike recession risk expectations amid impending Trump tariffs
President Donald Trump is expected to unveil sweeping tariffs on major trading partners on Wednesday (2 April) in what he is calling ‘Liberation Day', with the president warning reporters last week that tariff plans «would start with all countries, so let us see what happens». Goldman Sachs economists Ronnie Walker, Alec Phillips and David Mericle have consequently hiked the 12-month recession probability to 35%, up from their previous 20% estimate. The Big Question: Can Donald Trump's stance on tariffs work alongside US stock market growth? According to the Goldman trio, their p...
01.04 / 10:49
COST
UPS
Provident
Target
Digital
economy
country
Time for the Global South to leverage DPI for climate action
Subscribe to enjoy similar stories. It is unreasonable to expect developing countries to commit to costly climate mitigation strategies when the only reason developed nations are where they are is that they used cheap polluting technologies to get there. Having said that, global warming is real, and unless all countries commit to a more climate-friendly approach, we will have no hope of fighting it.
01.04 / 10:37
markets
Reuters
Google
security
Broadcom
information
reports
Arm recently sought to acquire Alphawave for AI chip tech, sources say
Arm Holdings recently sought to acquire Alphawave, a UK-based supplier of semiconductor intellectual property, to secure a crucial technology that is crucial for building its own artificial-intelligence processors, according to three sources familiar with the matter. Alphawave, which has a market value of 707.1 million pounds ($913.36 million), has been working with its investment bankers to explore a sale after receiving acquisition interest from Arm and other potential acquirers, one of the sources told Reuters. Arm, however, has decided not to pursue a takeover of Alphawave after its initial discussions with the company, two of the sources said.
01.04 / 10:37
Election
BBC
President
2020
reports
Interviews
Trump wants to run for third term as US President. Can he do it and what does law say? 10-point explainer
Donald Trump has reiterated that he might pursue a third term as US President, adding he is not joking" about wanting to serve in 2028. In an interview with NBC News, Trump said, «There are methods which you could do it. I am not joking.» Later, talking to the reporters, he said that there were demands from the people for him to run for a third term. «I have had more people ask me to have a third term, which in a way is a fourth term because the other election, the 2020 election was totally rigged. I don’t want to talk about a third term now because no matter how you look at it, we’ve got a long time to go,” Trump said, who would be 82 by the end of his potential second term. But the question arises can Trump run for a third term? In January, he told supporters that it would be „the greatest honour of my life to serve not once, but twice or three times or four times“. However, he then said this was a joke for the „fake news media“.
01.04 / 10:37
Cooper
Remark
Trade
President
country
2020
Podcasts
Trump's tariff threat is turning two of the world's biggest foes into friends
“We are willing to work with the Indian side to strengthen practical cooperation in trade and other areas, and to import more Indian products that are well-suited to the Chinese market,” the ambassador to India was quoted as saying by China’s state-run Global Times, in a story posted Monday. Bilateral trade between the neighbors stood at $101.7 billion in 2023-24, according to India’s trade ministry, with India running a significant deficit. India’s main exports include petroleum oil, iron ore, marine products and vegetable oil, amounting to $16.6 billion, according to the government figures. The envoy’s remarks were to mark the 75th anniversary of the diplomatic ties. US President Donald Trump, who is set to roll out reciprocal tariffs Wednesday on countries around the world, has called out China and India for trade practices that he sees as unfair.
01.04 / 10:17
markets
Target
security
Trade
President
War
country
The tariff timeline: How Trump 2.0 policy is reshaping global trade
Subscribe to enjoy similar stories. When Donald Trump announced his bid for reelection in November 2022, the 45th President of the US relied on promises of sweeping reforms to win the American people over. Among these promised reforms was the idea of increasing tariffs.
01.04 / 10:17
markets
Digital
Manufacturing
security
Food
Trade
reports
New US report flags ‘Make in India’, other Indian policies as trade barriers
Subscribe to enjoy similar stories. New Delhi: The US has once again raised objections to India’s trade policies, including key initiatives meant to support local manufacturing, casting a shadow on ongoing negotiations between the two nations for a bilateral trade agreement.
01.04 / 09:11
markets
Digital
Apple
Food
Trade
country
reports
US raises concerns at India’s high duties, IPR regime
In its 2025 National Trade Estimate (NTE) report, the US Trade Representative raised concerns on India’s opaque and unpredictable quantitative restrictions, patent regime and digital trade barriers such as data storage requirements. Most of the issues are repeat of the earlier reports while those such as equalisation levy and WTO disputes, which are already resolved, continue to be mentioned in the report, experts said. Also Read: India is going to drop tariffs: Trump hints at ‘Liberation Day’ trade victory a day before April 2 deadline It also criticized India’s strict import licensing for remanufactured goods and medical devices. In 2024, India stopped issuing licenses for refurbished American medical devices, affecting exports. While Washington sees this as unnecessary red tape, India worries that relaxing the rules could lead to a flood of secondhand or low-quality products that might harm consumers and hurt local industries.
01.04 / 09:11
markets
COST
Manufacturing
Trade
President
International
EU has 'strong plan' to hit back at US tariffs if needed, EU chief says
European Union has a «strong plan» to retaliate against tariffs imposed, and set to be imposed, by U.S. President Donald Trump, although it would prefer to negotiate a solution, EU executive chief Ursula von der Leyen said on Tuesday. The Trump administration put in place tariffs on imported steel and aluminium in March and higher duties on cars will take effect on Thursday. Trump will also set out plans for «reciprocal tariffs» on Wednesday. Von der Leyen said she understood U.S. arguments that others had taken advantage of global trade rules, adding the EU had suffered too. She also said she understood the U.S. wanted to re-industrialise, as does the EU. However, she said U.S. tariffs were taxes on its consumers that would fuel inflation and make American factories pay more for components, costing jobs. «Our objective is a negotiated solution. But of course, if need be, we will protect our interests, our people, and our companies,» von der Leyen said in a speech to the European Parliament in Strasbourg.
01.04 / 09:07
01.04 / 08:23
Provident
CEO
Equality
rights
Amundi finalises Victory Capital deal
Initially announced back in 2024, Amundi will supply non-US products for Victory Capital's distribution in the US as part of the deal, while Victory Capital will provide American active asset management products for Amundi's distribution outside of the US. Amundi appoints Eric Bramoullé as UK CEO In exchange for the partnership, Amundi received 21.2% of equity in Victory Capital, or 17.6 million shares at closing, which equals 4.9% of voting rights in the company. According to Amundi, the firm expects its total equity interest to hit 26.1% in the next following months. Davi...
01.04 / 08:23
markets
UPS
economy
BlackRock
President
country
BlackRock's Larry Fink goes bullish on Europe ahead of US 'Liberation Day'
In the letter, the co-founder addressed the changing and ever demanding state of global markets and economics up top, stating that from virtually «every client, nearly every leader – nearly every person – I talk to, they are more anxious about the economy than any time in recent memory». The Big Question: How are you managing concentration risk? His words come just days before US President Donald Trump is set to enact a swathe of currently unknown tariffs, adding to the long list he has already brought out against his country's major trading rivals and allies. Th policies have swep...
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