A meeting of eight top ministers of OPEC+ will likely keep oil output policy that calls for gradual oil output hikes from April unchanged, two OPEC+ sources said on Thursday. The talks began shortly after 0900 GMT, one of the sources said. Another source said the ministers would likely stress the need for stronger adherence to oil output targets.
US crypto stocks slide as Trump's sweeping tariffs jolt markets
(Reuters) - U.S. crypto stocks declined on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions, sparking a sell-off in riskier assets.
China stocks, yuan tumble after bigger-than-expected Trump tariffs
China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs that were particularly heavy on China and its main trading partners. While investors had been bracing for these tariffs over the past week, Washington's latest punitive measures turned out to be more aggressive than expected. Countries in China's supply chain were hardest hit, with Vietnam, Cambodia and Laos facing tariffs between 46% and 49% respectively.
Trump tariffs bad for global economy and trade, Maersk says
Shipping company Maersk said on Thursday that the tariffs announced by U.S. President Donald Trump on Wednesday amount to bad news for the global economy and trade stability. Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth. "The tariff plan announced by the U.S. administration was significant, and in its current form, it clearly isn't good news for (the) global economy, stability and trade," Maersk said in a written comment.
Travel and Vacation Providers Stocks Q4 Teardown: Wyndham (NYSE:WH) Vs The Rest
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how travel and vacation providers stocks fared in Q4, starting with Wyndham (NYSE:WH).
Q4 Earnings Highlights: Magnite (NASDAQ:MGNI) Vs The Rest Of The Advertising & Marketing Services Stocks
Looking back on advertising & marketing services stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Magnite (NASDAQ:MGNI) and its peers.
IT Distribution & Solutions Stocks Q4 Teardown: ePlus (NASDAQ:PLUS) Vs The Rest
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how ePlus (NASDAQ:PLUS) and the rest of the it distribution & solutions stocks fared in Q4.
Q4 Earnings Highs And Lows: The Cheesecake Factory (NASDAQ:CAKE) Vs The Rest Of The Sit-Down Dining Stocks
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including The Cheesecake Factory (NASDAQ:CAKE) and its peers.
Consumer Retail Stocks Q4 Recap: Benchmarking Walgreens (NASDAQ:WBA)
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer retail industry, including Walgreens (NASDAQ:WBA) and its peers.
Q4 Rundown: Jack in the Box (NASDAQ:JACK) Vs Other Traditional Fast Food Stocks
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the traditional fast food stocks, including Jack in the Box (NASDAQ:JACK) and its peers.