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Business News

Location American Business News for 12 May 2025
Trump has blinked in this trade war to avoid US recession Of all the fronts in Donald Trump's trade war, none was as dramatic and economically threatening as the sky-high tariffs he imposed on China.
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Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.
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Trump prizes more Gulf investment in the US As the president goes to Saudi Arabia, Qatar and the UAE he wants them to buy more from the States.
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What does the US-China tariff deal mean? The agreement marks a major de-escalation of the trade war between the world's two biggest economies.
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Now that trade deals are getting done, this out-of-favor stock-market strategy may shine UBS strategists led by Sean Simonds have a timely note about how now the questions will be less on policy uncertainty and more on outcome uncertainty.
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Consumer relief from U.S.-China trade deal sends retailer stocks surging The consumer-discretionary sector is particularly sensitive to soft consumer demand and tariff-fueled macroeconomic uncertainty.
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Bank stocks see broad rally as U.S.-China trade talks reduce recession predictions With the prospect of more favorable tariff terms between the two key trading partners, investors are betting that increased economic activity will boost financial activity.
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Direct-To-Consumer Ozempic Sales Are A Win For Patients And Drug Makers These GLP-1 drugs have proven effective at helping people lose weight--and are showing promise for a host of other indications.
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Trump's Medicaid cuts in revealed 'big beautiful bill' could leave millions without medical care The cuts in medical coverage would allow for tax breaks totaling $4.5 trillion. House Republicans unveiled the cost-saving centerpiece of President Donald Trump’s “big, beautiful bill” late Sunday, at least $880 bi...
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Should Energy Markets Fret Over India-Pakistan Hostilities? While a ceasefire is currently holding firm, there may be huge implications for energy markets in the wake of prolonged India-Pakistan tensions.
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AI companies like OpenAI and Meta use data made by others to train their AI models. The US Copyright Office says, in some cases, that may be illegal.
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Under new GOP bill, multimillionaires could dodge the 39.6% tax rate floated by Trump Republicans' tax bill includes 'a backdoor way to not cut taxes as much,' says one tax expert
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Tax bill keeps credit union tax exemption, but threat remains A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union industry's longstanding exemption from most federal taxes, but the issue is far from settled.
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What we just witnessed on the S&P 500 hadn't happened in months. It means a stock-market rally is likely to follow. Investors breathed a sigh of relief on Monday as the S&P 500 finally broke back above a key technical level that may signal a resumption of a stock-market uptrend after a sharp selloff last month.
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The age of answers: Why dashboards are no longer enough It's not about what you measure. It's about what you do with it. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with...
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An ex-dancer named Daniel Phillip was the second witness called to the stand at the Diddy trial.
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The wait is over: Coinbase is finally joining the S&P 500 index Coinbase Global Inc. is joining the S&P 500 index next Monday, S&P Dow Jones Indices announced.
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Nvidia, AMD help the chip sector to its highest close since February One analyst says it's now time to go 'back to fundamentals' on Nvidia's stock
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Essential Customer Service Tips to Enhance Satisfaction and Build Loyalty Discover 20 essential customer service tips to enhance satisfaction and build loyalty. Learn how to improve your interactions, resolve issues effectively, and create lasting relationships with your customers.
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Cryptoquant CEO Predicts the Rise of 'Dark Stablecoins' Ki Young Ju, CEO of Cryptoquant, states that due to upcoming regulations, dark stablecoins--an alternative not under government control--will rise as people use them for large international transfers and other use cases ...
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Interim UFC Heavyweight Champ Tom Aspinall Bored Of Jon Jones Talk Interim UFC heavyweight champion Tom Aspinall might be ready to move on from title unification fight with UFC heavyweight champ Jon Jones
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A coalition of entertainment unions, guilds and groups have sent a letter to President Trump, asking him to support tax provisions that would help Hollywood.
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