U.S. Stocks Drop Amid New Tariff Threats
U.S. stocks dropped as President Trump threatened the EU with 50% tariffs and took aim at Apple.
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U.S. New Home Sales Rise in April, Defying Economic Uncertainty
Sales of new homes climbed again in April, the Commerce Department reported Friday, as buyers shrugged off concerns about uncertainty over the economic outlook and high mortgage costs.
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EU to Delay Bank Trading Desk Rules for Second Time
The regulations, which are meant to overhaul how banks manage trading risk, will be delayed until January 2027.
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Trump Threatens Fresh Tariffs on EU, iPhones Made Overseas
President Trump fired new salvos in the global trade war, threatening a 50% tariff on imported goods from the European Union and new duties on iPhones made overseas.
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Bond Market to Washington: We’ll Make You Pay
The global savings glut is over and governments have to pay up to borrow; the U.S. situation is especially risky.
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U.S., Iran Meet in Rome With Nuclear Talks Under Strain
Iranian officials say an American demand that Tehran stop enriching uranium could push them to walk away from negotiations.
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Americans Aren’t Buying Trump’s Economic Agenda. A Look at the Numbers.
President Trump insists the economy is booming. Americans aren’t so sure.
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Eurozone Wages Slowed Sharply Ahead of Tariff Blow
Wages rose at a much slower pace during the three months through March even as the unemployment rate remained at a record low, opening the way for further ECB rate cuts.
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Germany Upgrades First-Quarter Growth on Manufacturing Strength Ahead of Tariffs
The economy grew faster than previously reported, as exports and manufacturing jumped on the back of U.S. firms stockpiling goods ahead of Trump’s tariffs.
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Rate Cuts May Not Happen as Quickly-or Even at All This Year, Fed’s Collins Says
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Trump’s âBig, Beautiful Bill’ Heads to Senate, Where New Fights Loom
The multitrillion-dollar package of tax cuts and spending reductions squeaked through the House early Thursday morning.
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U.K. Retail Sales Rise for Fourth-Straight Month, Boosted by Warm Weather
Retail sales volumes climbed 1.2% on month in April, higher than expected and the first fourth-straight monthly increase since mid-2020.
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It’s Time to Worry About Japan and the Yen Carry Trade Again
Moderate moves to tighten monetary policy in Japan are disrupting markets on both sides of the Pacific Ocean.
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Trump’s Memecoin Dinner Draws Crypto Tycoons, a Basketball Star and Protests
The cryptocurrency industry’s lovefest with MAGA reached a pinnacle Thursday when President Trump hosted the top buyers of his memecoin at his golf club outside Washington.
(END) Dow Jones Newswires
May 23, 2025 11:15 ET (15:15 GMT)
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