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Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face

Stocks skyrocketed in a kneejerk reaction to President Donald Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ tariffs.

Published 9 April 2025
Categorised as Finance News

Bill Ackman praises Trump’s tariff pause: ‘Thank you on behalf of all Americans’

“Thank you on behalf of all Americans,” Ackman wrote in a post on social media platform X. Shortly after, he added, “[Treasury Secretary Scott Bessent] rocks!”

Published 9 April 2025
Categorised as Finance News

Chinese EV giant BYD expands in Europe with premium brand launch

Chinese electric car company BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.

Published 9 April 2025
Categorised as Finance News

Stocks making the biggest moves midday: Apple, Tesla, AbbVie, Delta Air Lines and more

These are the stocks posting the largest moves in midday trading.

Published 9 April 2025
Categorised as Finance News

Treasury Secretary Bessent says ‘it’s Main Street’s turn’ after Wall Street grew wealthy for 4 decades

“The Trump agenda is focused on Main Street. It’s Main Street’s turn. … It’s Main Street’s turn to drive investment,” Bessent said.

Published 9 April 2025
Categorised as Finance News

Treasury Secretary Bessent says ‘it’s Main Street’s turn’ after Wall Street grew wealthy for 4 decades

“The Trump agenda is focused on Main Street. It’s Main Street’s turn. … It’s Main Street’s turn to drive investment,” Bessent said.

Published 9 April 2025
Categorised as Finance News

Jamie Dimon says a recession is ‘likely outcome’ from Trump’s tariff turmoil

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Published 9 April 2025
Categorised as Finance News

Treasury Secretary Bessent says ‘it’s Main Street’s turn’ after Wall Street grew wealthy for 4 decades

“The Trump agenda is focused on Main Street. It’s Main Street’s turn… It’s Main Street’s turn to drive investment,” Bessent said.

Published 9 April 2025
Categorised as Finance News

Jamie Dimon says a recession is ‘likely outcome’ from Trump’s tariff turmoil

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Published 9 April 2025
Categorised as Finance News

Risks to President Trump’s tax bill: Bond market impact and debt in focus

The cost of President Trump’s tax plan rising with every new proposal from Republican lawmakers. CNBC’s Robert Frank joins ‘Squawk Box’ to discuss why the bond market may be the biggest risk to the president’s tax bill.

Published 9 April 2025
Categorised as Finance News

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