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12.04.2025 17:00
12.04.2025 17:05
Summers Says This Moment Is Very Different From Previous Trump Tariff Moment Former Treasury Secretary Lawrence H. Summers discusses historical tariff moments and how they compare to the current administrations policies. He states that if we turn the clock back, its going to be enormously costly for the United States and the world economy. He claims that its unquestionably wrong to think that tariffs wont fall on the consumer and believes that if he were in the current administration, he would consider resigning. (Source: Bloomberg)

12.04.2025 17:47
Apple, Nvidia Score Relief From US Tariffs With Exemptions President Donald Trumps administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one.

12.04.2025 17:58
12.04.2025 18:00
Feds Deepest Tariff Fear Is a Price Shock That Wont Fade Away If President Donald Trumps tariffs jack up US consumer prices — as pretty much everyone thinks they will, at least for a while — then thats already bad news for inflation-fighters at the Federal Reserve. It could also open the door to something even worse.

12.04.2025 19:05
Trump Wants a Sovereign Wealth Fund: Can the US Pull it Off? President Trumps executive order to create a sovereign wealth fund will require the US to raise trillions of dollars amidst a large national debt. How can the US raise money for this fund? Bank of Americas Mark Cabana discusses the reality of monetizing the countrys balance sheet to raise money, while law professor Salar Ghahramani describes the creative paths the government can try. (Source: Bloomberg)

12.04.2025 19:34
The 2025 Masters In Photographs The weekend weather at the Masters Tournament is expected to be perfect for golf, and the third round began with the leader Justin Rose in a familiar position.