Monday, April 28, 2025

Tuesday's News Links

[Yahoo/Bloomberg] Stock Futures Erase Gain After GM Freezes Buyback: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Drop as Trump’s Trade War Pummels Outlook for Demand

[CNBC] 10-year Treasury yield climbs as investors look ahead to economic data

[Yahoo/Reuters] Dollar limps along on U.S.-China trade standoff

[Reuters] China ramps up global yuan push, seizing on retreating dollar

[CNBC] White House blasts Amazon over tariff cost report: ‘Hostile and political act’

[Reuters] White House: Amazon tariff price announcement is hostile

[MSN/Reuters] US Trade Deficit Widen Sharply in March

[MarketWatch] Home-price growth fizzles as economic uncertainty weighs on home buyers

[Axios] Lutnick signals auto tariffs "deal"

[Reuters] In a vise of slowing demand and rising costs, small businesses are signaling trouble ahead

[AP] ’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

[AP] Carney’s Liberal party wins Canadian election and completes a stunning turnaround fueled by Trump

[Reuters] Trump to reduce impact of auto tariffs, commerce secretary says

[Reuters] Carney aims for global leadership role against Trump after Canada election win

[Bloomberg] Xi Is Trying to Turn World Against US as Trump Cuts Trade Deals

[Bloomberg] China Vows to Stand Firm, Urges Nations to Resist ‘Bully’ Trump

[WSJ] Nvidia’s Trump Worries Go Far Beyond China

[WSJ] China Pushed a Hard Sell on Autonomous Driving. After a Deadly Crash, It’s Pulling Back.

[FT] The real lessons from the Plaza and Louvre accords

[FT] Mark Carney’s Liberals win pivotal Canadian election

[FT] China calls US a ‘small stranded boat’ in propaganda campaign

[FT] China’s copper supplies set to run out as US tariffs bite, says Mercuria

Monday Evening Links

[CNBC] S&P 500 futures are little changed after broad index notches fifth straight winning day: Live updates

[Yahoo/Bloomberg] Oil Slumps on Economic Data, Continued Trade War Fallout

[Yahoo/Reuters] Trump to reduce impact of auto tariffs, officials say

[Axios] Extra-murky economic data is dropping this week

[CNBC] Empty shelves, trucking layoffs lead to a summer recession in Apollo’s shocking trade fight timeline

[Politico] Freak disappearance of electricity triggered power cut, says Spain PM Sánchez

[AP] Massive power outage in Spain and Portugal leaves thousands stranded and millions without light

[Bloomberg] US Assets Face Foreign ‘Buyers’ Strike,’ Deutsche Bank Says

[Bloomberg] Tariff ‘Chaos’ Drags Key Texas Manufacturing Gauge to Worst Since 2020

[Bloomberg] Trump’s China Attacks Are Unleashing Wave of Nationalist Support for Xi

[Bloomberg] Why Restarting a Power Grid After Massive Collapse Is So Hard

[NYT] Why Trump’s Economic Disruption Will Be Hard to Reverse

[NYT] Trump’s ‘Buoyant’ Trade Warrior Flexes His Power Over Global Business

[WSJ] At 100 Days, Trump 2.0 Is in Trouble

[FT] Europe fears Trump preparing to walk away from Ukraine talks

[FT] Spain declares state of emergency in the wake of huge power outage

[FT] Amazon’s rival to Starlink makes first satellite launch

[FT] Scientists urge Trump administration to fight threat of bird flu pandemic

Monday Afternoon Links

[Yahoo/Bloomberg] Nasdaq 100 Falls 1% in Countdown to Tech Earnings: Markets Wrap

[Yahoo/Bloomberg] Oil Slumps as Traders Await Next Moves in China, Economic Data

[Axios] Extra-murky economic data is dropping this week

[CNBC] Agriculture isn’t nearing trade war tariffs crisis, ‘it is full blown crisis already’ farmers say

[AP] Trump made big promises and moved at frenetic speed. 100 days in, here’s what he’s done and not done

[Politico] Mike Johnson’s tight megabill timeline is on a collision course with reality

[The Hill] Trump: ‘I run the country and the world’

[Yahoo/Bloomberg] Sharp Power Swings Trigger Major Blackout in Spain, Portugal

[Yahoo/Reuters] Biggest risk to markets is a fragmented world, says Norway wealth fund CEO

[Bloomberg] Global Military Spending Surges as Europe Tackles Russian Threat

[FT] Donald Trump tells Canada to vote for ‘51st state’ in election day intervention