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Tag: European Commission

A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo

S&P 500, Nasdaq near record highs as rate-cut bets creep up

Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.

Read More S&P 500, Nasdaq near record highs as rate-cut bets creep up
US President Donald Trump pumps his fist upon arrival at the South Lawn of the White House in Washington, DC, on May 22, 2025. Trump attended a private dinner at Trump National Golf Club. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Trump threatens 50% tariffs on EU imports: ‘Very difficult to deal with’

President Donald Trump on Friday threatened to impose a 50% tariff on all European Union (EU) products starting on June 1st, explaining that Europe has been “very difficult to deal with.”

Read More Trump threatens 50% tariffs on EU imports: ‘Very difficult to deal with’
TOPSHOT - Ukrainian tank crew take a break while operating a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Ukraine launched a surprise offensive into the Russian border region of Kursk on August 6, 2024, capturing over two dozen towns and villages in the most significant cross-border attack on Russian soil since World War II. Ukraine's military chief Oleksandr Syrsky told President Volodymyr Zelensky in a video posted on August 12, 2024 that his troops now control about 1,000 square kilometres of Russian territory and are continuing "offensive operations". (Photo by Roman PILIPEY / AFP) (Photo by ROMAN PILIPEY/AFP via Getty Images)

Trump: Russia and Ukraine to begin ceasefire talks ‘immediately’ following 2-hour call with Putin

President Donald Trump announced on Monday that Russia and Ukraine are “immediately” going to begin ceasefire negotiations — following a two hour long phone call with Russian President Vladimir Putin.

Read More Trump: Russia and Ukraine to begin ceasefire talks ‘immediately’ following 2-hour call with Putin
A woman walks past an Apple logo at an Apple store in Paris, France, April 23, 2025. REUTERS/Abdul Saboor

Apple, Meta fined as EU presses ahead with tech probes

Apple and Meta were fined as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

Read More Apple, Meta fined as EU presses ahead with tech probes
WASHINGTON, DC - FEBRUARY 11: Tesla and SpaceX CEO Elon Musk delivers remarks as he join U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC. Trump is to sign an executive order implementing the Department of Government Efficiency’s (DOGE) "workforce optimization initiative," which, according to Trump, will encourage agencies to limit hiring and reduce the size of the federal government. (Photo by Andrew Harnik/Getty Images)

Musk Advocates For ‘Zero Tariff Situation’ Between Europe And US

Trump advisor Elon Musk advocated for free trade between the United States and Europe in hopes that both sides can eliminate the need for tariffs while growing economic ties.

Read More Musk Advocates For ‘Zero Tariff Situation’ Between Europe And US
ROME, ITALY - MARCH 12: Shoppers and tourists walk past the US owned store Nike in the upmarket Via del Corso shopping area on March 12, 2025 in Rome, Italy. The European Union announced today that, from April 1, it would impose tariffs on iconic American products such as Harley-Davidson motorcycles, bourbon and jeans, in response to President Trump's imposition of global tariffs on steel and aluminium. (Photo by Christopher Furlong/Getty Images)

EU Imposes Almost $28B In Counter-Tariffs As Trump’s Steel And Aluminum Tariffs Begin

The European Union has retaliated with its own tariffs in response to President Donald Trump’s 25% tariffs on steel and aluminum products that took effect Wednesday. 

Read More EU Imposes Almost $28B In Counter-Tariffs As Trump’s Steel And Aluminum Tariffs Begin

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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