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The U.S. economy shrank 0.3% in the first quarter of 2025, marking its first quarterly contraction since early 2022 and igniting fresh concerns about recession as the Trump administration embarks on a renewed tariff push. The unexpected downturn came as businesses ...

Coca-Cola posted better-than-expected first-quarter results and kept its full-year forecast intact, even as global trade tensions continued to rattle markets. The drinks giant reported adjusted earnings per share of 73 cents, just about beating analyst expectations of 71 cents. Revenue came ...

Alphabet shares surged nearly 5% in after-hours trading after reporting stronger-than-expected first-quarter earnings, driven largely by robust growth in its Google Search advertising. Overall revenue rose 12% year-on-year to $90.2 billion, comfortably beating analyst forecasts of $89.12 billion. Search advertising alone ...

Merck has trimmed its full-year profit forecast, citing a $200 million hit from global tariffs and a one-time licensing charge. The vaccines titan now expects adjusted earnings between $8.82 and $8.97 per share in 2025, a notable downgrade from earlier ...

Global markets bounced back on Tuesday after US President Donald Trump signaled a shift in tone on both China tariffs and monetary policy. He promised a “substantial” but not total reduction in tariffs on Chinese goods, which calmed investor nerves ...

Tesla shares tumbled nearly 6% to close at $227.50 on Monday, dragging year-to-date losses to 44% just one day before its first-quarter earnings report. This marks the 12th session in 2025 with a drop of more than 5%, proving how ...

Apple may have dodged the latest round of tariffs for now, but its reliance on China remains a critical vulnerability. Over 90% of the 220 million iPhones sold annually are manufactured in China, a country now hit by US tariffs ...

Netflix started 2025 with a bang, posting first-quarter revenue of $10.54 billion—up nearly 13% year over year and slightly above Wall Street’s forecast of $10.52 billion. Net income rose to $2.89 billion, or $6.61 per share, well ahead of the ...

The European Central Bank has cut its main interest rate from 2.5% to 2.25%, marking the seventh reduction in just 12 months. The move comes amid escalating global trade tensions triggered by U.S. tariffs, which have injected fresh uncertainty into ...

Global trade is set to contract in 2025, with the World Trade Organization (WTO) slashing its forecast to a 0.2% decline in world merchandise trade volume. This sharp reversal comes on the heels of escalating tariff tensions, with U.S. President ...

While the world’s eyes have been on the tariff shenanigans, it’s the bond market that’s flashing the most urgent warning lights for economists. A sharp sell-off in longer-dated U.S. Treasuries has pushed yields notably higher—most strikingly, the 10-year Treasury yield surged ...

China’s exports surged in March, with outbound shipments rising 12.4% year-on-year in U.S. dollar terms—nearly triple market expectations. This frontloading frenzy comes as exporters rush to beat newly imposed U.S. tariffs, which have now reached a cumulative 145% under President ...

Recent market movements suggest investors are beginning to question the U.S.’s long-standing role as a global safe haven. Treasury yields have climbed sharply in recent days, just as the U.S. dollar has weakened more than 3% against a basket of ...

A sharp downturn in global commodity prices is heightening fears of an economic slowdown, with the S&P GSCI index — which tracks major energy, metals, and agricultural commodities — falling over 8% since April 2. This comes in the wake of ...

Apple has slipped behind Microsoft in the position as the world’s most valuable public company, as intensifying fears over U.S. tariffs sent Apple shares tumbling 23% over the past four trading sessions. By Tuesday’s close, Microsoft’s market cap had climbed to ...