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ECB’s Panetta Says Tariffs Have Damaged the US More Than Others
Yahoo Finance· 2026-02-21 10:24
Photographer: Alessia Pierdomenico/Bloomberg The US economy has borne most of the burden of tariffs imposed by President Donald Trump, according to European Central Bank Governing Council member Fabio Panetta. Photographer: Alessia Pierdomenico/Bloomberg “Foreign exporters seem to have shouldered a portion of it, estimated at around 10%,” he said Saturday in Venice. “Initially, the impact was absorbed by US firms’ profit margins, and was then partially passed on to consumers, who now bear about half of ...
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Bloomberg· 2026-02-12 21:16
The Trump administration’s push for companies with US ties to play a leading role in rebuilding Venezuela’s oil sector will erode the influence of China, Russia and Iran in the South American nation, Energy Secretary Chris Wright said https://t.co/yCtU3YCCdK ...
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Bloomberg· 2025-12-16 20:18
Christina Chapman was sentenced to more than 8 years in prison for her role in a sprawling scheme by the North Korean government to have its IT workers infiltrate US companies.According to the US government, the scheme generated over $17 million for Pyongyang.Watch the full story https://t.co/atEpeB9pXI ...
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Bloomberg· 2025-11-19 07:22
RT Bloomberg New Economy (@BBGNewEconomy)"The US has always been an important market for Swiss companies...what is new is the speed and size the Swiss private sector has to onshore to the US." @SECO_StateSec Helene Budliger Artieda #BloombergNewEconomy⏯️ https://t.co/Sqkf8dKmnN https://t.co/A9FlX8aBd7 ...
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Bloomberg· 2025-11-14 13:26
Unsure about the outlook for trade and monetary policy, companies in the US and the UK slashed their currency hedges in the third quarter after boosting them to a record earlier this year https://t.co/lhteXgrjyV ...
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Bloomberg· 2025-10-22 10:15
The proportion of US companies beating earnings expectations this quarter is the highest in more than four years, providing stock investors with relief at a time the rally is slowing https://t.co/kVOI78AQ0B ...
"It's a very bad bet to bet against US companies": Analyst
Yahoo Finance· 2025-10-21 21:30
It's a very bad bet to bet against US companies ability to grow earnings. I think that earnings so far, and it's still early in the season, are coming in better than scheduled. Now, we're seeing strength across the economic complex, right.We're seeing it from a beverage maker, Coke. We're seeing it from an auto GM. And what we're seeing is that tariffs are not derailing the economy yet.That just adds to the already bullish mix in this market. This is the second time in about 5 years we've seen that US compa ...
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Bloomberg· 2025-09-25 00:47
China called on its companies doing business in the US to avoid extending their price wars there — a sign that Beijing is eager to maintain a fragile trade truce reached with Washington https://t.co/MR5EXfSjog ...
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Bloomberg· 2025-09-16 09:35
US companies have long tapped into America’s soft power to drive international sales. But what was once a blessing is fast becoming a curse, says @bethkowitt (via @opinion) https://t.co/MeOdz03A1u ...
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Bloomberg· 2025-09-11 06:56
Citi CEO Jane Fraser says merger activity is rebounding as US companies gain confidence, with a recession in the world’s largest economy looking unlikely https://t.co/xymFmKFREi ...