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The Latest Breaking News from the Wall Street Journal

Trump team signals rollback on some tariffs to reduce pain for suffering auto industry

The White House confirmed a report in the Wall Street Journal that automakers won’t face additional tariffs for goods like steel and aluminum.

Fortune

Markets Boosted As Trump Softens Tariff Pain For Auto Firms

The White House said foreign auto firms paying tariffs of 25 percent for their US car and parts shipments would not face other levies such as those on steel and aluminium, the Wall Street Journal said. Companies will also be reimbursed for fees already paid.

Latin Times

Stocks Settle Mixed Awaiting Trade News and Big Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.03%. June E-mini S&P futures (ESM25 ) are up +0.03%, and June E-mini Nasdaq futures...

Barchart

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Stocks Mixed on Trade News and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.29%. June E-mini S&P futures (ESM25 ) are up +0.02%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on Hopes of US Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. June E-mini S&P futures (ESM25 ) are up +0.41%, and June E-mini Nasdaq futures...

Barchart

China’s Huawei encroaches further on Nvidia’s turf and is reportedly set to test a new AI chip aimed at the H100

The chip, dubbed Ascend 910D, will be Huawei’s most powerful AI processor to date, according to a report from the Wall Street Journal.

Fortune

Paranoid Pete pushes Pentagon polygraphs

A new report from the Wall Street Journal shows Pete Hegseth lashing out as the walls are closing in

Salon

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Trump takes aim at Rupert Murdoch and Fox News after poll frames President in negative light

Trump asked Murdoch to ‘start making changes’ at the Wall Street Journal and get rid of a pollster at Fox News

The Independent UK

Pope Francis Branded 'Anti-American' Who Pushed Ideas to 'Keep the Poor in Poverty' in Scathing WSJ Editorial

The Wall Street Journal's Board substantiated its claim by pointing to the pope's advocation for less consumption and more environmental protection.

Latin Times

Trump’s made for TV madman theory flops

Former State Department official Edward Fishman warns that Trump's strategy of global economic chaos will backfire

Salon

Trump says he is ‘entitled’ to deport people without trials – as it happened

President says it’s not possible to have trials for everyone he wants to deport and that US would otherwise be a ‘very dangerous country’

The Guardian - US

Salvadoran President Plans To Double Size Of Infamous Mega-Prison Holding Hundreds Of U.S. Deportees: Report

El Salvador President Nayib Bukele is reportedly planning to double the capacity of the country's massive Terrorism Confinement Center

Latin Times

How Much Does Elon Musk Reportedly Offer 'Intelligent Women' to Have His Child? WSJ Reveals Shocking Details

The Wall Street Journal reports that Musk has privately offered significant sums of money to select women he deems 'intelligent' in exchange for having his children.

International Business Times UK

Musk asked influencer Tiffany Fong to have his baby and she worried saying ‘no’ would hurt her X earnings, report says

The world’s richest man has at least 14 children with four women

The Independent UK

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Melinda Gates reveals moment she realised her marriage to Bill Gates was in jeopardy

Melinda Gates has pointed 2019 as the period she realised her marriage to Bill Gates was in jeopardy – amid revelations about her then-husband’s association with Jeffrey Epstein.

Al Jazeera

Are US-made cars spared from Trump’s auto tariffs?

Trump imposed 25 percent car tariffs in April. Car part tariffs start May 3. Analysts say no car uses all US parts.

Latin Times

Top Beer Modelo Owner Says Lower Sales Show Latinos Are Looking To Blend Into The Crowd

President Donald Trump's immigration policies are hurting Modelo and Corona beer sales, pushing Latino consumers to stay away from the brand

Investors Business Daily

Affirm Rival Klarna Puts IPO Plans On Pause After Tariff Turmoil: Report

The Klarna IPO is reportedly paused as tech stocks slump in response to President Donald Trump's tariff plans.

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Investors Business Daily

Auto Tariffs Force Ram, Jeep-Maker To Idle These Factories

The parent company of Jeep, Chrysler, Dodge and Ram is temporarily shutting down two factories.

The Independent UK

Mark Zuckerberg asks for favor from Trump to help protect Meta as company embracing president’s demands

Meta is expecting the European Commission to slap it with fines and a potential cease-and-desist for violating it’s digital laws

Windows Central

Sam Altman's ouster as OpenAI CEO was reportedly a cocktail of deception and toxicity, with Microsoft at the center of it all

An exclusive report by The Wall Street Journal details how Microsoft unveiled OpenAI's unreleased GPT-4 to the world without joint approval from the safety board.

Fortune

A DOGE staffer who resigned over racist posts is back in government

Marko Elez has been assigned to the U.S. Department of Health and Human Services since March 5, per court filings.

InsideEVs

Trump 'Couldn't Care Less' About Price Hikes As Tariffs Threaten EV Boom

What is an American car? Is it a Ford Mustang Mach-E made in Mexico? A Mercedes-Benz made in Alabama? A Tesla made in Shanghai and shipped to Canada?

Fortune

Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners

Over the weekend, reports said Trump has pushed his advisors to get more aggressive on tariffs, including higher rates on a wider set of nations.

The Guardian - UK

Top US vaccine official resigns over RFK Jr’s ‘misinformation and lies’

Dr Peter Marks was seen as a guardrail against any future politicisation of the FDA’s approval of life-saving vaccines

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