BNY’s Profit Increases
Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.
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China Raises Tariffs on US Goods
The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.
US Consumer Sentiment Decreases
Currently, there is pessimism among residents of the United States in the context of assessing the prospects for the further dynamic of the country’s economic system.
US Inflation Decreases
In March, a sharp slowdown in the inflationary process was recorded in the United States economic system.
Donald Trump Puts 90-Day Pause on Higher Tariffs
President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.
US Imposes New Tariffs on China
President of the United States Donald Trump intends on Wednesday, April 9, to impose huge levies of 104% on all goods imported from China.
Apple’s 3-Day Loss in Market Cap Approaches to Almost $640 Billion
The stock market on Monday, April 7, showed performance that was generally better than what was observed on the previous two trading days, but Apple got hammered again, losing 3.7%.
JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation
JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.
Christopher Waller Says Stablecoins Bring Benefits to US Payments System
Federal Reserve Governor Christopher Waller said on Friday, April 4, that stablecoins are a good thing for the United States payments system, but he doubts that the country’s financial system will be able to support a large number of assets of the appropriate category.
Donald Trump Urges Fed to Cut Interest Rates
President of the United States Donald Trump on Friday, April 4, called on Federal Reserve Chairman Jerome Powell to cut interest rates.
US Unemployment Rate Increases
Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.
China Imposes Reciprocal Tariffs on Imports of US Goods
China on Friday, April 4, announced retaliatory tariffs on goods imported from the United States, after the US imposed further measures to tighten its trade policy.
Revolve to Add Affirm’s Pay-Over-Time Option
Fashion retailer Revolve Group will soon provide its customers in the United States with the opportunity to use the Affirm to pay over time solution.
Anthropic Unveils New Version of Claude AI Model
Anthropic has presented a new version of its Claude artificial intelligence model, designed for higher education institutions.
Intel CEO Says Company to Spin Off Non-Core Units
Intel Corp. chief executive officer Lip-Bu Tan stated that this company will spin off assets that are not central to its mission, and create new products, including custom semiconductors to better align itself with consumers.
Goldman Sachs Says Donald Trump Tariffs to Increase Inflation
Goldman Sachs warns that aggressive actions by the White House in the context of trade policy in the external, international dimension will provoke an increase in inflation, cause a growth in unemployment, and practically stop the economic rise in the United States.
