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Business News

Location American Business News for 7 April 2025
Crypto plunges as Trump tariff 'medicine' brutalizes global stock markets Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy. The Trump administration hit all countries with a 10% t...
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Chinese foreign ministry calls US tariffs 'economic bullying' - video Trump's tariffs are 'a typical act of unilateralism, protectionism, and economic bullying,' Lin Jian, a spokesperson for the Chinese foreign ministry, has said. Trump has slapped China, the world's second-biggest economy...
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Trump's Tariffs Imperil the Fortunes of a Nissan Factory Town Kanda, on Japan's southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.
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Jamie Dimon: Tariff policy issues must be resolved quickly "The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse," the JPMorgan Chase & Co. CEO wrote in his annual letter to shareholders.
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Trade War Fury: Asia's Markets Crushed, Recession Fears Soar Asian markets experienced significant declines on April 7, with Hong Kong’s Hang Seng Index plummeting over 13%. The turmoil affected other asset classes, including bitcoin, which briefly fell below $75,000. China Sove...
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Michael Saylor's Strategy halts Bitcoin buys despite dip below $87K Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dropped below $87,000. In a filing with the U...
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Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss Jamie Dimon believes effect of policy may be 'hard to reverse' if maintained for too long European markets slump Business live - latest updates The JP Morgan chief executive, Jamie Dimon, has warned that it may be "hard ...
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Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit

The New York Times - 7 Apr 2025 14:53
Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit Even before the latest tariffs by the Trump administration, Britain's car industry was struggling.
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Global bank chiefs hold talks over Trump tariffs crisis The chief executives of some of the world's biggest banks have held private talks about the carnage in financial markets and the global economy precipitated by President Donald Trump's tariffs blitz.
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Donald Trump's tariffs have made the market unpredictable. Here's what to do. Donald Trump's tariffs are destabilizing the market and caused the S&P 500 index to drop as much as 5% on April 7th before trimming losses.
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Corporate Bitcoin treasuries drop more than $4B on US tariff hike impact Corporate Bitcoin (BTC) treasuries collectively shed more than $4 billion in value after US President Donald Trump’s tariffs triggered a global market sell-off, data shows. As of April 7, corporate Bitcoin holdings are...
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Another Law Firm Braces for Possible Blowback From Trump

The New York Times - 7 Apr 2025 23:30
Another Law Firm Braces for Possible Blowback From Trump Cadwalader, Wickersham & Taft balked at having one of its partners represent Donald Trump in his criminal cases. Now the firm is among those that have been pushed to agree to a deal with the White House.
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Crypto Markets Suffer $1T Hit as US Tariff War Escalates Crypto markets are reeling as aggressive U.S. tariffs ignite global economic turmoil, triggering a $1 trillion wipeout and fueling extreme volatility, Binance Research finds. Binance Warns of Prolonged Crypto Volatility ...
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"A Minecraft Movie" blew away box-office estimates. Disney may have a secret weapon to replicate the success of video game adaptions in theaters.
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Ryan Coogler explains the personal reason he fought to own the rights to his new movie 'Sinners' and none of his other films Ryan Coogler revealed why it was important for him to own the rights to his latest movie, "Sinners."
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Grind, brew, and drink your coffee with this tumbler — Get 20% off an all-in-one cup The Cafflano Klassic helps you grind, brew, and drink coffee on the go. Save 20% on one now with this 2025 Amazon coupon.
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2 Norwegian cruise ships are getting a $120 million makeover to become luxury residences at sea — take a look inside Real estate developer Crescent Heights' new arm, Crescent Seas, says its turning Regent Seven Seas and Oceania ships into residential cruises.
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I tried Olaplex's new scalp treatment that promises a hydrated and soothed scalp, and it actually worked Olaplex released its new No.0.5 Scalp Longevity Treatment and as someone with seborrheic dermatitis, I had to give it a try. The perks ranged from less dryness and flakes to more shine and volume.
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Trump and Paramount Agree on Mediator in '60 Minutes' Lawsuit President Trump's $20 billion suit accuses CBS News of deceptively editing an interview with former Vice President Kamala Harris.
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Microsoft employees fired after protesting 'AI weapons' supply to Israeli army at company's 50th anniversary celebration: report "You claim that you care about using AI for good but Microsoft sells AI weapons to the Israeli military," Aboussad shouted at Microsoft AI CEO Mustafa Suleyman.
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Bitcoin on verge of largest 'price drawdown' of the bull market -- Analyst Bitcoin’s (BTC) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawd...
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Former Amazon employee shares how return-to-office policy impacted caregivers We spoke with Jay Gorsica, a former Amazon employee who had to leave because he is a full-time caregiver for his wife.
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