Business

House China Committee Urges Bank of America, JPMorgan to Withdraw From CATL IPO

House China Committee urges Bank of America, and JPMorgan to withdraw from CATL IPO as CATL has been designated as a “Chinese military company".

US Import Prices Fall in March Ahead of New US Tariffs

Prices of imports into the United States declined in March, helped by lower energy costs, ahead of the new U.S. tariffs.
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Nvidia to Manufacture AI Supercomputers in US

Nvidia Corp. is beginning to produce chips in the United States and will soon build multiple “supercomputer manufacturing plants.”

Meta’s Monopoly Trial Kicks Off: Here’s What to Know

Meta’s fate hangs in the balance in the case, which could force it to sell off some of its...

US Crude Oil Exports Hit Record High: EIA

Trump admin is prioritizing oil production, with the Maritime Admin approving a deepwater port that can export 2 million barrels daily.

US Stocks Drop Day After Trump Tariff Pause Announcement

Wall Street opened sharply lower on Thursday morning, coming a day after Trump’s said he would pause reciprocal tariffs for every country except China.

Global Markets Rally After Trump Pauses Tariffs

Stocks surged after Trump announced 90-day pause on reciprocal tariffs for many trading partners, prompting rally following a days-long market rout.

Walmart Frames Tariffs as Opportunity, Commits to Low Prices

Walmart’s shares soared nearly 10% during April 9 trading after company maintained its sales outlook and pledged to keep prices low amid economic uncertainty.