• Mar 05, 2025

Trump Hails Tariffs as US Economy Barrels Into Trade Wars

(Bloomberg) -- President Donald Trump took the lectern Tuesday for his primetime address beset by warning signs about the US economy, and acknowledged to Americans there could be more discomfort ahead.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Lon

  • Mar 05, 2025

Private Markets Fail to Police Conflicts of Interest, UK Finds

(Bloomberg) -- Valuations in the rapidly-growing private markets arena can suffer from unmitigated conflicts of interest, poor record-keeping and smoothing of volatility, the UK’s top financial regulator warned. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant F

  • Mar 05, 2025

European Stocks Rebound on Germany Spending Plans, Tariff Hopes

(Bloomberg) -- European stocks rallied after Germany announced hundreds of billions of euros in defense and infrastructure investment, with addditional boosts coming from China’s ambitious growth targets and signals that the Trump administration may walk back some trade tariff measures.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sin

  • Mar 05, 2025

Wall Street ends higher as markets eye easing of trade tensions

(Reuters) -Wall Street's main indexes finished higher in choppy trading on Wednesday, as investors cheered the likely easing of trade tensions between the U.S. and major trading partners. Stocks turned positive after a report said President Donald Trump was considering a one-month delay of auto tariffs on Canada and Mexico. Equities extended gains after a White House announcement confirmed that Trump agreed to delay tariffs on some vehicles.

  • Mar 05, 2025

What To Expect From Friday's Jobs Report

The U.S. job market likely chugged along at a healthy rate in February, with layoffs of federal workers not causing a big enough impact to dent the unemployment rate, according to economists.

  • Mar 05, 2025

Adidas CEO says further tariffs would lift inflation and dent volumes

Further U.S. tariffs on imports would cause prices to rise and consumers to buy fewer products, Adidas chief executive officer Bjorn Gulden said on Wednesday as the business navigates higher levies implemented by President Donald Trump's administration on China, Canada, and Mexico. Adidas has not estimated the potential impact of U.S. tariffs on Vietnam, its top manufacturing country, which President Donald Trump has threatened with higher levies, Gulden said.