IPC, the global electronics association, welcomes the exclusion of key electronics components and technologies (laptops and smartphones) from recently imposed reciprocal tariff measures. These exclusions—covering components, computer parts, telecommunications equipment, and other critical inputs—reflect the importance of the interconnected nature of today’s global electronics supply chains. The electronics industry depends on predictable trade policies to […]
This is the second time in just over two years that she and colleagues find themselves puzzling over a rate decision in the wake of turmoil emanating from the US, but before Fed policymakers met. After the collapse of Silicon Valley Bank prompted market ructions in 2023, the ECB opted not to blink, and delivered […]
BlackRock’s Chief Executive Officer Larry Fink warned on Monday that most CEOs he talks to thinks the US is already in a recession while consumer sentiment plunged to the second-weakest reading on record. Airlines, food and drug stores and supermarkets have all seen falling sales in recent weeks, according to alternative data compiled by Bloomberg, […]
The turmoil battered the stocks of tech’s “Magnificent Seven” — Apple, Microsoft, Nvidia, Amazon, Tesla, Google parent Alphabet and Facebook parent Meta Platforms. At one point earlier this week, the combined Magnificent Seven’s combined market value had plunged by $2.1 trillion, or 14%, from April 2 when Trump unveiled sweeping tariffs on a wide range […]
Robinson did not leave her home following the fires, staying put with her husband, daughter and birds, including two cockatoos. Since then, she’s been plagued by anxiety and headaches, and her husband’s asthma has worsened. She worries their property has been contaminated by chemicals falling out of the smoke. Volunteers took surface swipe samples from places beneath the fire’s […]