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The Latest Breaking News on Business

Crude Prices Fall Sharply as Demand Concerns Grow

May WTI crude oil (CLK25 ) Thursday closed down -2.07 (-3.32%), and May RBOB gasoline (RBK25 ) closed down -0.0771 (-3.78%). Crude oil and gasoline prices on Thursday fell sharply because of concerns that the US trade war would slow economic growth and energy demand. Also, Thursday's stock selloff reduced...

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Dollar Retreats and Gold Surges as US-China Tensions Mount

The dollar index (DXY00 ) Thursday fell by -1.84% and posted a 6-1/4 month low. The dollar fell sharply on Thursday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. The US raised total tariffs on China Wednesday to 145%...

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Nat-Gas Prices Tumble on Risk-Off Sentiment in Asset Markets

May Nymex natural gas (NGK25 ) on Thursday closed down sharply by -0.259 (-6.79%). May nat-gas prices on Thursday fell sharply as a selloff in equity prices sparked risk-off sentiment in asset markets. A mixed weather forecast also weighed on nat-gas prices after forecaster Atmospheric G2 said temperatures for the...

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Brazil to prioritize negotiation after US trade tariffs, official says

Brazil’s strategy to address extra tariffs imposed by President Donald Trump is to combine negotiations with the U.S. while it expands trade agreements with other countries, a top foreign trade official said Thursday

The Independent UK

Trump and Musk mocked in new AI clip depicting them as factory workers

Videos show the US President, Vice President and Tesla CEO working on a production line

Evening Standard

Netflix To Stay Mum On Subscriber Numbers

Netflix stock historically has moved after its quarterly reports based on subscriber numbers. But that won't happen with its Q1 report.

Investors Business Daily

Canadian retailers are seeing a surge in domestic sales amid the ‘Buy Canadian’ movement

In recent months, the “Buy Canadian” movement has gained significant momentum, driven by a collective push to support domestic products and services, strengthen local businesses and reduce reliance on foreign imports.

The Conversation

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Microsoft shelves another $1bn data center project as tariff fears rise

Worried about the impacts of global trade tariffs, Microsoft has paused plans to build three US data center campuses.

TechRadar

Trump claims TikTok deal still on the table as China tariffs threaten to derail agreement

Trump announced a 90-day pause on all reciprocal tariffs this week, except for those placed on China

The Independent UK

Butter recalled in the US after possible contamination with fecal bacteria. Here's what we know

Around 770 kg of butter was recalled in seven states across the US after possible contamination with coliform bacteria.

Euronews

What to Expect From Microsoft's Q3 2025 Earnings Report

Microsoft is prepared to release its third-quarter results later this month, with analysts predicting a single-digit earnings growth.

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No more big checks? Famed Publishers Clearing House known for doorstep giveaways files for bankruptcy

The company has awarded more than $500 million in prize money since 1953

The Independent UK

Has your pension value dropped due to Trump’s tariffs? Here’s why you shouldn’t worry

Unless you’re approaching retirement age, market fluctuations shouldn’t unduly worry you as far as your pension is concerned

The Independent UK

Earnings Preview: What To Expect From Alphabet's Report

Alphabet is scheduled to report its first-quarter results later this month, and analysts expect a single-digit earnings growth.

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Al Jazeera

Trump-China tariff war: What could the US gain and lose?

Trump’s 125 percent tariffs on Chinese imports come into force amid market relief elsewhere.

International Business Times

Former Trade Official Issues Stark Warning As US-China Tariff War Escalates: 'The Tsunami is Coming For Everyone'

A trade representative during the Joe Biden administration said factories will close in the U.S. and around the world as a result of Trump's tariffs

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Comcast’s Quarterly Earnings Preview: What You Need to Know

Comcast is scheduled to report its first-quarter results later this month, and analysts expect a single-digit earnings drop.

International Business Times

US Consumer Inflation Cools In March On Falling Gas Prices

US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as consumers and businesses waited nervously for President Donald Trump's sweeping tariffs to come into effect.

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International Business Times

Italy's Prada Agrees To Buy Rival Versace For 1.25 Bn Euros

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

The Independent UK

Egg prices continue to increase despite bird flu outbreak slowing

U.S. egg prices increased again last month to a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks last month

MarketBeat

Delta, Walmart Cut Profit Targets: Could Start Domino Effect

The S&P 500 will remain under selling pressure until tariff cloudiness is replaced with certainties; the risk for the market is a cycle of guidance reduction.

Barchart

What to Expect From Hasbro's Q1 2025 Earnings Report

Hasbro is all set to release its fiscal first-quarter earnings later this month, and analysts project a double-digit profit growth.

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Here's What to Expect From Norfolk Southern's Next Earnings Report

Norfolk Southern is expected to release its fiscal first-quarter earnings later this month, and analysts project a double-digit bottom-line growth.

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Earnings Preview: What to Expect From Humana's Report

Humana is expected to release its fiscal first-quarter earnings later this month, and analysts project a double-digit profit rise.

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Earnings Preview: What to Expect From Southwest Airlines’ Report

Southwest Airlines is scheduled to report its first-quarter results later this month and analysts project its loss to narrow by double digit.

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