Billionaire Investor Bill Ackman called on President Donald Trump to temporarily pause tariffs on Chinese imports, arguing such a move would strategically benefit U.S. trade negotiations.
In a potential move towards de-escalation, China's Commerce Ministry is said to be 'assessing' a U.S. offer to discuss the crippling 145% tariffs imposed by President Donald Trump.
The spotlight will likely be on the April non-farm payrolls report. Economists, on average, expect 133,000 job gains for the month, notably slower than the 228,00 pace for March.
China’s spokesperson said if the U.S. wants to talk, it has to show sincerity and be prepared to correct its wrong practices and cancel the unilateral tariffs.
Adial Pharmaceuticals jumped to its highest level since February after receiving a U.S. patent for its precision medicine approach to treating addiction. The patent supports the use of AD04 in patients with specific genetic markers.
Summers also countered Treasury Secretary Scott Bessent’s view that bond yield at the shorter end of the curve indicates the Fed should cut interest rates.
Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.
Wondering if the leading Russell 2000 ETF deserves a spot in your portfolio? Be careful -- you'll need inhuman market timing to beat the broader market.
Gold prices extended their slide on Thursday, trading at around $3,220 per ounce during pre-market hours, as traders welcomed signs of progress in trade talks between the U.S. and countries facing President Trump's hefty tariff hikes.
The investor argues the U.S. is emerging from a three-year “stealth recession” and forecasts a productivity-driven economic boom led by innovation-focused companies. She expects falling interest rates, lower inflation
