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Stock market posts third biggest gain in post-WWII history on Trump's tariff about-face

Stocks skyrocketed in a kneejerk reaction to President Donald Trump's announcement to put a 90-day pause on some of the lofty 'reciprocal' tariffs.

Bill Ackman praises Trump's tariff pause: 'Thank you on behalf of all Americans'

"Thank you on behalf of all Americans," Ackman wrote in a post on social media platform X. Shortly after, he added, "[Treasury Secretary Scott Bessent] rocks!"

Chinese EV giant BYD expands in Europe with premium brand launch

Chinese electric car company BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.

Treasury Secretary Bessent says 'it's Main Street's turn' after Wall Street grew wealthy for 4 decades

"The Trump agenda is focused on Main Street. It's Main Street's turn... It's Main Street's turn to drive investment," Bessent said.

Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate

Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.

U.S. financial regulator says email hack exposed sensitive data on banks

The breach, first disclosed and resolved in February, involved information related to the "financial condition of federally regulated financial institutions.

Jenny Harrington: The basics of income investing, and why it's especially important now in this turbulent market

This is an excerpt from the book, "Dividend Investing: Dependable Income to Navigate All Market Environments," by Jenny Van Leeuwen Harrington.

Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion

Crypto startup Ripple said Tuesday that it's agreed to buy prime brokerage firm Hidden Road for $1.25 billion in the company's biggest acquisition to date.

Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say

Companies have long faced external attacks from hackers. Now, thanks to generative AI, another threat has emerged: Employees who aren't who they say they are.

Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says

Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.

Beijing's strong counter tariffs raise the specter of an intense trade war with Washington

In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.
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