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EU, China will look into setting minimum prices on electric vehicles, EU says
EU, China explore setting minimum prices on Chinese EVs Negotiations set to start immediatelyGerman auto industry supports negotiations BERLIN, April 10 (Reuters) - The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs im...Reuters
Thu, Apr 10
Other
Trump must face defamation lawsuit from Central Park Five defendants
Judge says men presented enough evidence to pursue caseAt issue are Trump's remarks during a 2024 debateDamages sought for reputational and emotional harmBy Mike ScarcellaApril 10 (Reuters) - U.S. President Donald Trump has failed to persuade a federal judge to dismiss a lawsuit accusing him of ...Reuters
Thu, Apr 10
Stocks
Why Taiwan Semiconductor Manufacturing Stock Is Sinking Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is sinking rapidly Thursday. The company's share price was down 4.3% as of 2:45 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 2.8%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 3.8%.TSMC and other semiconductor stocks roared...The Motley Fool
Thu, Apr 10
Stocks
These 5 Stocks Crashed as Tariff Reality Hits the Market
The market's wild recovery on Wednesday afternoon was driven by President Donald Trump temporarily pausing tariff increases on countries all around the world, except China. A 10% blanket tariff will still be in place, but the bigger tariffs that were expected to hit countries like Vietnam, Cambodia,...The Motley Fool
Thu, Apr 10
Other
Europeans discuss Ukraine peace force but big questions still open
European defence ministers meet on 'reassurance force'France, Britain host 'coalition of the willing' at NATO HQMinisters say need clarity on mission, rules of engagementEuropeans make plans but they are sceptical Putin wants ceasefireBy Andrew Gray and Benoit Van Overstraeten BR...Reuters
Thu, Apr 10
Stocks
Novavax shares tumble after U.S. health secretary raises concerns over COVID shot's efficacy
April 10 (Reuters) - Vaccine maker Novavax's NVAX.O shares plunged over 22% on Thursday after Health and Human Services Secretary Robert F. Kennedy Jr. raised concerns about the company's COVID-19 vaccine in an interview with CBS News.The U.S. Food and Drug Administration, an agency that is ...Reuters
Thu, Apr 10
Other
State Dept says Saturday meeting with Iran will determine whether Iranians are serious
WASHINGTON, April 10 (Reuters) - A meeting between the United States and Iran on Saturday will determine whether or not Tehran is serious, State Department spokesperson Tammy Bruce said on Thursday, without ruling out there may be further talks between the two countries."What happens on Saturday...Reuters
Thu, Apr 10
Commodities
FACTBOX-Smartphones and soybeans: top products caught up in US-China trade war
WASHINGTON, April 10 (Reuters) - An escalating trade war between the United States and China is leading to steep tariffs that could affect a wide range of products.Following is a list of the top products that the world's two largest economies import from each other, according to the World Trade ...Reuters
Thu, Apr 10
Economic Indicator
Fed's Goolsbee: The bar for Fed policy change is now pretty high
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires for a second time on Thursday, adding extra caution that ongoing trade tensions will continue to make it harder, not easier, for the Fed to adjust policy rates, regardless of how much the markets and the Trump administratiFxstreet
Thu, Apr 10
Forex
FOREX-Dollar hits 10-year low against Swiss franc as markets digest trade war drama
Dollar hits lowest against Swiss franc since January 2015Data shows US inflation cooling in MarchTrump paused reciprocal duties on most countries for 90 daysTrade war with Beijing intensifiesEuro makes biggest one-day jump since 2022Reuters LIVE coverage By Alun John and Chibuike Oguh NEW YORK/L...Reuters
Thu, Apr 10
Economic Indicator
US Senate confirms Trump's FTC commissioner pick
By Jody Godoy April 10 (Reuters) - The U.S. Senate confirmed President Donald Trump's pick for the third Republican commissioner on the U.S. Federal Trade Commission, despite criticism from Democrats over Trump's move to oust two commissioners from the consumer protection and antitrust ag...Reuters
Thu, Apr 10
Commodities
US issues fresh Iran-related sanctions, Treasury website says
WASHINGTON, April 10 (Reuters) - The United States issued new Iran-related sanctions on Thursday on one individual and several entities based in India and the United Arab Emirates, the Treasury Department website showed.Reuters
Thu, Apr 10
Economic Indicator
Fed's Goolsbee backs wait-and-see approach to interest rates
By Michael S. DerbyNEW YORK, April 10 (Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Thursday the U.S. central bank should hold its monetary policy steady until there is greater clarity regarding rapidly shifting government policies."I don't think you should ever take ...Reuters
Thu, Apr 10
Commodities
Four Republican US senators back Biden-era energy tax credits
April 10 (Reuters) - Four Republican senators are asking Congressional leadership to preserve energy tax credits included in the Biden-era Inflation Reduction Act in the impending budget reconciliation bill, according to a letter circulated on Thursday.In the April 9 letter to Senate Majority Leader...Reuters
Thu, Apr 10
Commodities
Gulf South Pipeline Terminates Force Majeure At Location 24329 – Stratton Ridge In Area 25
April 10 (Reuters) - Gulf South Pipeline Company, LLC LTRGP.UL:SAYS TERMINATES FORCE MAJEURE AT LOCATION 24329 – STRATTON RIDGE (TO FREEPORT LNG) IN AREA 25, WHICH WAS IMPLEMENTED FOLLOWING A LIGHTNING STRIKE THAT DISRUPTED GAS DELIVERY IN MARCHRELATED: nFWN3Q71CVReuters
Thu, Apr 10
Other
Rubio says direct US-Iran nuclear talks to take place on Saturday
WASHINGTON, April 10 (Reuters) - U.S. Secretary of State Marco Rubio said on Thursday the United States will hold direct talks with Iran this weekend to discuss Iran's nuclear program.The talks between U.S. special envoy Steve Witkoff and a senior Iranian leader are scheduled for Saturday in Oma...Reuters
Thu, Apr 10
Other
US Army turns over helicopter safety memo to Congress
By David Shepardson and Idrees AliWASHINGTON, April 10 (Reuters) - The U.S. Army has turned over to the Senate a 2024 August memo detailing why it routinely failed to use a safety system known as ADS-B on helicopter flights around Reagan Washington National Airport, Senator Ted Cruz said Thursday.Cr...Reuters
Thu, Apr 10
Stocks
Sahil Bloom on the 5 Types of Wealth
Sahil Bloom writes The Curiosity Chronicle newsletter and is the managing partner of SRB Ventures, a venture investment firm. His first book is The 5 Types of Wealth: A Transformative Guide to Design Your Dream Life. In this podcast, Motley Fool personal finance expert Robert Brokamp caught up with ...The Motley Fool
Thu, Apr 10
