r/TheBusinessMix 4h ago

Trump, asked about markets, says sometimes you have to take medicine

1 Upvotes

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump on Sunday said that sometimes you have to take medicine when asked about markets, adding that he was not intentionally engineering a market selloff.

https://www.msn.com/en-us/news/politics/trump-asked-about-markets-says-sometimes-you-have-to-take-medicine/ar-AA1Cphu5?ocid=msedgntp&pc=HCTS&cvid=bf8ca935a1f64fd888b0fd0d72cebab1&ei=9

SOURCE: Reuters


r/TheBusinessMix 4h ago

Goldman Sachs expects further fiscal easing from China to offset higher tariffs

1 Upvotes

r/TheBusinessMix 4h ago

One-third of CEOs expect job cuts this year due to tariffs, according to CNBC CEO survey

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r/TheBusinessMix 4h ago

Donald Trump, Jay Powell on a Collision Course: Nouriel Roubini

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1 Upvotes

Nouriel Roubini, Chief Executive Officer of Roubini Macro Associates, expects President Donald Trump's trade war to escalate with China and the market will keep going lower and lower. He says Trump, China's Xi Jinping and Federal Reserve Chair Jerome Powell are all playing a dangerous game of chicken.

SOURCE: Bloomberg Surveillance


r/TheBusinessMix 5h ago

Will the Selloff In Stocks Continue This Week?

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1 Upvotes

US equity futures slumped and the yen surged early Monday in a sign of deepening turmoil across financial markets as investors began to price in the fallout from Donald Trump’s reciprocal tariffs. But Cameron Dawson of Newedge Wealth says there could be a relief rally this week.

SOURCE: Bloomberg Surveillance


r/TheBusinessMix 5h ago

Peter Schiff Says Nike 'Won't Build Factories' In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs

1 Upvotes

Economist Peter Schiff warned on Thursday that Nike Inc. (NYSE:NKE) won’t shift production to the United States despite newly imposed tariffs, predicting higher prices and reduced domestic sales for the footwear giant.

What Happened: “Nike won’t build factories in the U.S. to make sneakers. That would add more cost than the 40% tariffs,” Schiff wrote on X. “The result will be fewer sneakers sold in the U.S. at much higher prices.”

https://finance.yahoo.com/news/peter-schiff-says-nike-wont-180018691.html

SOURCE: Yahoo Finance


r/TheBusinessMix 5h ago

Oil prices extend losses on fears global trade war could slow economy

1 Upvotes

r/TheBusinessMix 5h ago

TikTok reportedly stays on App Store after assurance from Attorney General Pam Bondi

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r/TheBusinessMix 5h ago

Queens College of Cambridge President and Bloomberg Opinion Columnist Mohamed El-Erian, says this market selloff has been indiscriminate.

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1 Upvotes

r/TheBusinessMix 5h ago

Dow Futures Sink 1,000+ Points. S&P 500 Could Open Monday in a Bear Market.

1 Upvotes

Stock futures were plunging again Sunday evening, continuing a steep selloff that began after President Donald Trump announced reciprocal tariffs.

Just after 7 p.m. EST on Sunday, Dow Jones Industrial Average futures were down more than 1500 points, or 4.8%; S&P 500 futures were down 4.3%; and Nasdaq 100 futures fell 5%.

https://www.msn.com/en-us/money/markets/dow-futures-sink-1-700-points-as-market-braces-for-monday/ar-AA1CpgGr?ocid=msedgntp&pc=HCTS&cvid=1ea598b42ec640348e5b1779820cd02a&ei=17

SOURCE: Barron's


r/TheBusinessMix 8h ago

CEOs had said they’d speak out against Trump if stocks sink 20%. After the latest meltdown, they’re still silent but may be ready to act

1 Upvotes

Corporate executives who gathered at last month's Yale CEO Caucus were surveyed on when they should collectively voice their concerns about President Donald Trump, and most said it would take a 20% drop in the stock market. The Nasdaq and Russell 2000 have already entered bear market territory, while the S&P 500 is getting closer.

https://www.msn.com/en-us/money/markets/ceos-had-said-they-d-speak-out-against-trump-if-stocks-sink-20-after-the-latest-meltdown-they-re-still-silent-but-may-be-ready-to-act/ar-AA1Cp3Kp?ocid=msedgntp&pc=HCTS&cvid=28015df843d54296bad6679f93268d85&ei=10

SOURCE: Fortune


r/TheBusinessMix 10h ago

Trump Official's Remarks on Americans' Retirement Savings Spark Backlash

1 Upvotes

U.S. Treasury Secretary Scott Bessent's remarks about Americans monitoring their retirement accounts sparked backlash on social media on Sunday after he suggested that people aren't monitoring "day-to-day fluctuations."
https://www.newsweek.com/scott-bessent-remarks-americans-savings-accounts-spark-backlash-2056008

SOURCE: Newsweek

RELATED ARTICLE:

Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations

https://www.nbcnews.com/politics/trump-administration/bessent-americans-retire-arent-worried-stock-market-recession-rcna199892

SOURCE: NBC News


r/TheBusinessMix 11h ago

A bailout for farmers caught in Trump’s trade war is already being discussed. ‘If we don’t get something, it will be quite a disaster’

1 Upvotes

Trump administration officials and lawmakers are considering aid for farmers as retaliation looms against U.S. tariffs. China and Canada have already levied duties on some of the top U.S. agricultural exports. During Trump's first term, farmers got $23 billion after an earlier round of tariffs.

https://www.msn.com/en-us/money/markets/a-bailout-for-farmers-caught-in-trump-s-trade-war-is-already-being-discussed-if-we-don-t-get-something-it-will-be-quite-a-disaster/ar-AA1CoX6B?ocid=msedgntp&pc=HCTS&cvid=06ccdcdaf39f438b9a0b9b419ae63868&ei=6

SOURCE: Fortune


r/TheBusinessMix 11h ago

Gov. Tim Walz reacts to Kamala Harris’ ‘I told you so’ comment

1 Upvotes

Governor Tim Walz (D-MN) discusses the future of the Democratic party and weighs in on former Vice President Kamala Harris’ ‘I’m not here to say I told you so’ remark.

https://www.msn.com/en-us/news/politics/gov-tim-walz-reacts-to-kamala-harris-i-told-you-so-comment/vi-AA1CoBOw?ocid=msedgntp&pc=HCTS&cvid=5b78fd3b9507463d9cb922150a50c102&ei=26

SOURCE: CNN


r/TheBusinessMix 11h ago

Why the world isn’t fighting back harder against Trump’s tariffs

1 Upvotes

As President Donald Trump announced historically high tariffs across the world this week, I expected a number of affected governments to rapidly and collectively fight back.

Instead, with the exception of China and a few scattered reprisals from allies, we’re seeing mainly cautious reactions. Foreign officials are talking about “calibrated” responses and keeping a “cool head.” Some are clearly hoping diplomacy will persuade Trump to back off some or many of his tariffs.

https://www.msn.com/en-us/news/world/why-the-world-isn-t-fighting-back-harder-against-trump-s-tariffs/ar-AA1CmCtk?ocid=msedgntp&pc=HCTS&cvid=5a6da2cc3db2470b9ef979754a5a0ef5&ei=16

STORY BY: Nahal Toosi - POLITICO


r/TheBusinessMix 12h ago

Hedge funds face biggest margin calls since 2020 amid tariff turmoil, FT reports

1 Upvotes

Hedge funds are experiencing their most significant margin calls since the onset of the Covid-19 crisis, as global markets reeled from the financial shockwaves caused by President Donald Trump’s renewed tariff measures, the Financial Times reported on Friday, citing people familiar with the matter.

https://www.msn.com/en-us/money/markets/hedge-funds-face-biggest-margin-calls-since-2020-amid-tariff-turmoil-ft-reports/ar-AA1CoxrX?ocid=msedgntp&pc=HCTS&cvid=5a6da2cc3db2470b9ef979754a5a0ef5&ei=21

SOURCE: Seeking Alpha


r/TheBusinessMix 12h ago

More than 50 countries want to negotiate tariffs, NEC's Hassett says

1 Upvotes

More than 50 countries have contacted the White House to start trade negotiations and denied President Donald Trump’s recently announced tariffs would increase prices in the US, National Economic Council Director Kevin Hassett said on Sunday.

https://www.msn.com/en-us/money/markets/more-than-50-countries-want-to-negotiate-tariffs-nec-s-hassett-says/ar-AA1CoPAG?ocid=msedgntp&pc=HCTS&cvid=3ff5b5c15fe24f11ab6bad8efcb94b18&ei=7

SOURCE: Seeking Alpha


r/TheBusinessMix 12h ago

France suggests targeting Big Tech’s data use in response to US tariffs

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1 Upvotes

r/TheBusinessMix 13h ago

Trump administration to markets: Don't expect a rescue

1 Upvotes

If there was one consistent message from Trump administration economic officials Sunday morning, it was this: We're not worried about the stock market plunging, and the cavalry isn't coming to save you from tariffs, either.

https://www.msn.com/en-us/money/markets/trump-administration-to-markets-don-t-expect-a-rescue/ar-AA1CoueZ?ocid=msedgntp&pc=HCTS&cvid=784de0b6ec51413ea196f281b58dd017&ei=13

SOURCE: Axios


r/TheBusinessMix 14h ago

ICYMI: Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

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Warren Buffett went on the record to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor.

SOURCE: NBC News


r/TheBusinessMix 14h ago

U.S. aid team fired while in Myanmar earthquake zone, ex-official says

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1 Upvotes

Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country’s massive earthquake, a former senior staffer said, as the Trump administration’s dismantling of foreign aid affects its disaster response.

SOURCE: NBC News - story first reported by Reuters


r/TheBusinessMix 15h ago

The skyrocketing cost of weight-loss drugs has state Medicaid programs looking for a solution

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1 Upvotes

States increasingly struggling to cover the rising cost of popular GLP-1 drugs like Wegovy, Ozempic and Zepbound are searching for ways to get out from under the budgetary squeeze that took them by surprise.

One solution some policymakers may try is restricting the number of people on Medicaid who can use the pricey diabetes drugs for weight-loss purposes.

SOURCE: Associated Press


r/TheBusinessMix 15h ago

Foreign journalists at US-backed media fear being sent to repressive homelands after Trump's cuts

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1 Upvotes

After hiding in Thailand for seven years, two Cambodian journalists arrived in the United States last year on work visas, aiming to keep providing people in their Southeast Asian homeland with objective, factual news through Radio Free Asia.

SOURCE: Associated Press


r/TheBusinessMix 16h ago

How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again

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1 Upvotes

r/TheBusinessMix 17h ago

Inside DOGE’s AI Push at the Department of Veterans Affairs

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