This year’s Omaha gathering comes after President Trump launched a global trade war, intensifying political tensions between the U.S. and other nations.
Month: April 2025
Snap sinks 15% after withholding guidance, citing ad concerns
Snap shares fell after the social media company didn’t share second-quarter guidance due to the uncertain macroeconomic environment.
U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.
U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.
Trump blames Biden ‘overhang’ after GDP shrinks in first quarter, says growth will ‘take a while’
President Donald Trump blamed his predecessor and defended his sweeping tariffs after new data showed the U.S. economy contracting last quarter.
A recession likely means stocks have further to fall, Goldman Sachs says
There is still “significant vulnerability” for the stock market if the U.S. economy slides into recession, according to a Goldman Sachs strategist.
First Solar stock plunges as CEO says Trump tariffs pose ‘significant economic headwind’
President Donald Trump’s tariffs “create a significant economic headwind” for First Solar’s plants in India, Malaysia and Vietnam, CEO Mark Widmar said.
Yum Brands revenue misses as Pizza Hut’s same-store sales fall 2%
Yum Brands, the parent of KFC, Pizza Hut and Taco Bell, said sales rose 12% in the first quarter.
Wall Street is anxious to hear Apple CEO Tim Cook’s first public comments on tariffs
The most anticipated part of Apple’s Thursday earnings will be CEO Tim Cook’s comments on how the company is dealing with President Donald Trump’s tariffs.
Private payroll growth slowed to 62,000 in April, well below expectations
Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump’s tariffs.