BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.Nurphoto | Nurphoto | Getty ImagesOil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion.Britain’s beleaguered energy giant, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a fundamental reset.Seeking to rebuild investor confidence, BP in February pledged to slash renewable spending and boost annual expenditure on its core business of…
Author: usaeverydaylife
El Salvador refused to return a U.S. deporteeAt a White House meeting with President Trump, El Salvador’s president, Nayib Bukele, said yesterday that he would not return a man who was wrongly deported from the U.S. and sent to a notorious prison in El Salvador.“Of course I’m not going to do it,” Bukele said when reporters asked if he was willing to help return the man, Kilmar Armando Abrego Garcia. The deportation case is at the heart of a legal battle that has gone to the Supreme Court. Here’s what else to know.Bukele said that returning Abrego Garcia would be…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s show, ether climbs to start the week amid new headlines related to tariffs. Plus, Kraken announces the crypto exchange is expanding to stocks and ETFs. And, Andy Baehr, managing director at CoinDesk Indices, weighs in on why crypto has held up well amid the recent market turmoil.11:15Mon, Apr 14 20253:00 PM EDT Source link
A microchip, and a TSMC logo displayed on a phone screen in the background.Jakub Porzycki | Nurphoto | Getty ImagesTaiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island’s economy minister said Tuesday.The Trump administration is probing the import of chips, along with pharmaceuticals, in a bid to impose tariffs on both on grounds that extensive reliance on foreign production of semiconductors and medicine is a national security threat.The United States relies heavily on chips imported from Taiwan, a reliance former President Joe Biden sought to end during his term by granting billions of dollars in Chips Act awards to lure chipmakers…
Jim Cramer says it is time to act on Apple ‘s two-day rally after President Donald Trump threw American tech firms a trade tariff lifeline. Shares of the iPhone maker rose 4% on Monday — back over a $3 trillion market cap — after guidance went out late Friday that Trump exempted smartphones, computers, and other electronics from his steep “reciprocal” tariffs. That edict included most of the 145% levies on Chinese imports. The 20% fentanyl-related tariff that Trump put on China will remain. Club stock Apple rose 4% during Friday’s regular session. “Sell some. Keep a lot,” Jim said…
As Canada barrels through one of the stormiest periods in its history toward an April 28 federal election, there’s a name that’s not on the ballot but is on people’s minds: Danielle Smith.Ms. Smith, the premier of Alberta, the Western province often called the Texas of Canada because of its oil, ranches and conservative politics, is referred to as “divisive” by supporters and critics alike: People love her, people hate her, people love to hate her.An unapologetic MAGA-aligned conservative, she has riled Canadians across the country by speaking admiringly of President Trump and focusing on her province’s fortunes, particularly its…
Women shop for clothing from a Gap outlet store in Los Angeles, California on April 10, 2025. Frederic J. Brown | Afp | Getty ImagesFew consumer products are immune from the impact of new tariffs on goods imported into the United States, but apparel may be among the hardest hit.A trade war could significantly raise the price of clothing for consumers. Since a large portion of U.S. clothing and shoes are imported, tariffs on those goods would increase the cost for both the importers and, ultimately, the consumer, experts say.”The 2025 tariffs disproportionately affect clothing and textiles, with consumers facing 64% higher apparel prices in…
People shop at a grocery store in Manhattan on April 01, 2025, in New York City. Spencer Platt | Getty Images A day without major tariff developments from U.S. President Donald Trump’s administration is, for markets, a day of cautious optimism (or at least what passes as “optimism” in such unusual times). There was breathing room on Monday for markets to make tentative moves upward, especially after the news, out late Friday, of a last-minute exception for electronics from so-called reciprocal tariffs. White House officials are still making their rounds on major news channels to preach the sense of Trump’s economic policy.…
The ‘Fast Money’ traders talk their recent investing moves amid sustained volatility. Source link
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty ImagesSouth Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over U.S. tariffs threatens domestic companies.This comes after U.S. president Donald Trump reportedly said he would be announcing the tariff rate on imported semiconductors soon, after exempting them from his steep “reciprocal” tariffs last Friday.In a social media post Monday, Trump vowed to investigate the “whole electronics…
