U.S. markets show cautious trading as investors digest President Trump’s firing of Fed Governor Lisa Cook and brace for Nvidia’s earnings. Dow drops nearly 350 points, Nasdaq and S&P 500 also slip amid increased volatility and trade tension fears. Asian markets follow suit after tariff warnings from Trump. Tech and manufacturing stocks lead sector volatility.
Trump escalates conflict with Federal Reserve by firing Governor Lisa Cook amid mortgage fraud allegations, sparking political backlash and market jitters.
10% – U.S. government’s equity stake acquired in Intel, a major market intervention.
Trump administration moves to impose retaliatory tariffs and export controls against countries regulating US tech giants, heightening global trade tensions.
US government takes a 10% equity stake in Intel, marking a major intervention in private enterprise and sparking debate over risks and government role in business.
Keurig Dr Pepper to Acquire Peet’s Coffee Parent for $18 Billion
Keurig Dr Pepper plans to buy JDE Peet’s owner in a major $18 billion deal, reflecting strategic consolidation in the beverage industry.
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South Korea and US deepen cooperation on trade, security, and shipbuilding, with major aircraft and ship orders announced ahead of high-level meetings.
Keurig Dr Pepper agrees to acquire Peet’s Coffee owner JDE Peet’s for $18 billion, planning to separate coffee and soft drink businesses amid industry tariff pressures.
Nissan Shares Plunge After Mercedes-Benz Plans Stake Sale
Nissan’s stock falls over 6% following Mercedes-Benz’s announcement to offload its 3.8% ownership, intensifying pressure on the automaker’s turnaround.
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Elon Musk’s xAI and X file antitrust lawsuit against Apple and OpenAI accusing them of monopolistic practices that stifle AI competition and innovation.
Postal and shipping services across Europe and Asia halt or pause parcel deliveries to the US as tariff exemptions expire, adding strain to global supply chains.
Trump administration signs executive orders ending cashless bail in Washington, D.C., and threatens tariffs against countries imposing digital taxes on American tech firms.
Asian markets dip following new tariff warnings by President Trump, while investors weigh implications for trade and global economic growth.
National Guard troops in Washington, D.C., begin carrying firearms as President Trump expands crackdown on crime; plans to deploy troops to Chicago stir controversy.
“I will not resign.”
— Fed Governor Lisa Cook
SpaceX scrubs Starship’s 10th test flight again due to weather and technical issues, delaying Elon Musk’s ambitious Moon and Mars exploration plans.
Nissan shares plunge over 6% following announcement that Mercedes-Benz plans to sell its 3.8% stake, intensifying pressure on Nissan’s turnaround efforts.
Trump administration intensifies its war on cashless bail in Washington, D.C., signing executive orders aimed at ending the practice nationwide, sparking legal debate.
Cryptocurrency market sees mixed moves with bitcoin dipping below $110,000 amid ETF outflows and risk-off sentiment balancing recent gains.
Market braces for Nvidia’s crucial earnings report amid AI boom, with investors debating sustainability of the chipmaker’s rapid stock surge.
Trump administration’s trade and industrial policy shifts fuel uncertainty with plans for furniture tariffs, raising costs for US and international companies.
Multiple journalists killed in Israeli strikes on Gaza hospital, raising international condemnation and threatening escalation in the Gaza conflict.
Canadian and US officials to resume trade talks after Canada removes some tariffs, aiming to ease tensions amid ongoing tariff disputes.