Ford halted its annual outlook, citing $1.5B in costs from Trump's tariffs. CEO says U.S.-based automakers may gain an edge in the changing trade landscape.
IBM aims to boost AI sales with tools to help businesses manage and build AI agents, integrating platforms like Salesforce, Workday, and Adobe, CEO says.
Trump plans 100% tariffs on foreign-made films, calling them a national security threat as he claims U.S. movie industry is dying due to overseas incentives.
Oil prices hit multi-year lows as OPEC+ plans major output hike in June, adding to surplus fears amid weak demand from US-China trade tensions.
At the Milken Conference, Wall St. leaders urged calm despite fears Trump's trade tariffs may slow the economy, hurt U.S. assets, and stall investments.
Warren Buffett will remain chairman of Berkshire Hathaway as Greg Abel becomes CEO, ending Buffett's 60-year run as chief, the company announced Monday.
Shell launches a $3.5B buyback to fight weaker oil demand and falling crude prices.
TikTok was fined €530M by Ireland for violating EU GDPR by sending user data to China without proper safeguards. It has six months to comply or face suspension.
McDonald's Q1 U.S. same-store sales fell 3.6%, its biggest drop since 2020, as bad weather and cautious consumers hurt traffic. Global sales dropped 1%.
BOJ's rate-hike plans face pressure as Trump's tariffs shrink the window for further increases, posing the biggest test under Governor Ueda's two-year term.
Nvidia CEO Jensen Huang got his first raise in 10 years, with 2025 pay rising to $49.9M amid a company boom. His 3.5% stake is now worth about $94B.
Kohl's fired CEO Ashley Buchanan after 100+ days over deals with a vendor he had personal ties to, involving unusual terms and a costly consulting deal.
Ford April U.S. sales rose 16% on strong truck demand and employee pricing, but EV sales fell 40%. Buyers rush to beat possible Trump tariff hikes.
Shell Q1 profit fell 28% to $5.58B, beating forecasts. It will continue $3.5B share buybacks, marking 14 straight quarters of $3B+ repurchases.
TotalEnergies Q1 profit fell 18% to $4.2B, missing forecasts. Earnings dropped across segments except LNG; shares slid 4% on rising debt concerns.
JetBlue and United are in talks for a partnership after JetBlue's alliance with American Airlines was blocked by a judge in 2023.
Investors shift to emerging market bonds as U.S. tariffs hit Treasury's; yields drop, currencies rise in Mexico, Brazil, and South Africa amid strong real returns.
VW warns profit margins may hit low end of guidance, citing U.S. trade policy as a major challenge to financial forecasting.
Barclays Q1 profit rose 11% to £2.7B, boosted by investment banking. Revenue beat at £7.7B. Shares up 2% as U.S. exposure remains key for investors.
Rising defaults in U.S. office real estate spark concerns about regional banks' balance sheets and tighter credit conditions across lending markets.
Spot Bitcoin ETFs see surging inflows despite high volatility, signaling growing institutional interest and reshaping crypto market sentiment.
Inversions persist, but steepening in long-term yields may signal shifting expectations around inflation, Fed policy, and recession timing.
UPS beat Q1 profit estimates, plans to cut 20K jobs and shut 73 buildings, aiming to save $3.5B in 2025 amid weak demand, especially from Amazon.
Eurostat will release April inflation data, key for assessing ECB policy effectiveness and guiding future rate decisions amid global economic uncertainty.