President Donald Trump said he would levy new tariffs to boost the domestic film and furniture industries through a pair of sweeping, yet confusing, plans.Trump posted on social media Monday that he would be “imposing substantial Tariffs on any Country that does not make its furniture in the United States.” It’s unclear how that would work; companies, not countries, manufacture furniture and the duties are charged on specific imports, not governments.“Details to follow!!” the president wrote. Trump said he ...

Toyota (TM) reported another bump-up in global sales for August, with the US consumer powering the gains. The world’s largest automaker by volume said global sales rose 2.2% in August year over year to nearly 845,000 units sold, with the company marking its eighth straight month of sales gains. Toyota’s year-to-date sales through August hit 6.9 million units, up 5% compared to last year. The US, the largest market for the Japanese automaker, marked the biggest gains for Toyota. Sales in August hit 225,3 ...

US President Donald Trump speaks with the press on the South Lawn of the White House on Friday September 26, 2025.President Donald Trump on Monday said he would impose a 100% tariff on foreign-made films and slap "substantial Tariffs" on any country that does not make furniture in the United States.Trump's statements left key questions about the plans unanswered.In a pair of Truth Social posts, Trump claimed that California's movie-making business and North Carolina's furniture industry have been lost to ot ...

[Music] Good morning from Yahoo Finance's New York City headquarters studios. I'm Yao Finance executive editor Brian Sazi. You are watching Norwegian Cruise Line sailing into the New York Stock Exchange to ring the opening bell.Arc Best getting things underway over at the NASDAQ. Now, the rosecolored glasses remain on for investors to start the week, but maybe they shouldn't be when taking a look at the potential minefields out there over the next 5 days of trading. Government shutdown could happen on Octob ...

Group 1 - Norwegian Cruise Line is making headlines as it rings the opening bell at the New York Stock Exchange [1] - Arc Best is also active at NASDAQ, with a positive sentiment among investors despite potential risks from a government shutdown [2][5] - The tech-heavy NASDAQ composite is showing gains, with a rise of approximately 0.5% [6] Group 2 - Electronic Arts shares are up 5% following news of a record-breaking $55 billion deal to take the company private, ending its 36-year run as a public firm [7] - Cannabis stocks are experiencing significant movement, with Tillray up over 28% and Canopy Growth up 13%, driven by President Trump's comments on CBD benefits [8] Group 3 - The potential government shutdown could lead to the furlough of around 900,000 federal employees, which may delay key economic data releases, including the jobs report [11][19] - Goldman Sachs has raised concerns about the market being in a bubble while also indicating that the economic impact of a shutdown would be modest [12][19] - Historically, stocks tend to rebound after a government shutdown, with an average rise of about 3% one month later [20] Group 4 - The U.S. economy is showing mixed signals, with a second-quarter GDP increase of 3.8% driven by consumer spending, but weak labor market readings, including only 22,000 jobs added in August [38][39] - The upcoming jobs report is crucial, with economists expecting an increase of 45,000 jobs for September [39][45] Group 5 - The Federal Reserve is closely monitoring the labor market, with expectations of potential rate cuts in response to economic conditions [18][34] - Analysts suggest that the labor market may see a reacceleration in job growth, particularly in sectors like financial services and construction, as the economy continues to grow [51][52] Group 6 - Gold prices are reaching new highs, driven by government shutdown risks and expectations of further Fed easing, with Goldman Sachs projecting gold could reach $4,000 by mid-2026 [23][24] - Central bank holdings of gold have surpassed U.S. treasuries for the first time since 1996, indicating a significant shift in investment strategies [25]

Let's get right to MSNBC White House correspondent Von Hillyard, MSNBC's senior Capitol Hill correspondent and host of Way Too Early, Ali Vatitali, along with our MSNBC political analyst Brendan Buck, former aid to House Speakers Paul Ryan and John Boehner, and former Democratic Congresswoman Donna Edwards. Lots to discuss here. Van, kick us off. In addition to these two big meetings today, the president has also just announced another round of steep tariffs. Take us through this day. >> Right. It's a heck ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures kicking off the week in positive territory. Investors are looking ahead to a busy week of data and Fed speak. Key events include Tuesday's Jolt report, which is expected to show a decline in job openings, and Friday's non-farm payroll sprint, but the latter report could be delayed if the government shuts down.And speaking of which, the clock is ticking ...

As Tariffs Send Coffee Prices Soaring, Some In Congress Are Brewing Up A Solutionhttps://t.co/XUmIH2Mk8L https://t.co/JSqm35bViZ ...

Group 1 - U.S. President Donald Trump announced tariffs of up to 50% on imported furniture, including a 50% tariff on kitchen cabinets and vanities, and a 30% tariff on upholstered furniture, effective October 1 [1][2] - The tariffs are expected to complicate pricing strategies for companies in the furniture industry, as they heavily rely on imports from countries like China, Mexico, and Vietnam, raising concerns about the lack of domestic manufacturing capacity [2] - Executives from major companies such as Williams-Sonoma and RH have expressed worries during earnings calls regarding the impact of higher tariffs on their operations and pricing [3]

First, the president says he will hit drug imports with a 100% tariff increase if those companies fail to build out operations right here in America. Those tariffs are kicking in on October 1st. US pharma stocks are reacting in a kind of mixed way right now.You can kind of see now you can see Eli Liy is actually up now. The thinking there Eli Liy has a good amount of its production here in the United States. Merc Fiser, Gilead moving moving a little bit to the upside marginally.So, Madna shares down fractio ...