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Trump Threatened 250% Tariffs on India, Pakistan
Bloomberg Television· 2025-10-29 08:04
If you look at India and Pakistan. So I'm doing a trade deal with India and I have great respect and love, as you know, for Prime Minister Modi, we have a great relationship. Likewise, the Prime Minister of Pakistan is a great guy, a field marshal. They have a field marshal, you know, He's a great fighter.He really is. He's a great guy, too. And so I know them all.And I'm reading that seven planes were shot down. They're going at it and they're really starting to go. And it's a big thing.These are two nucle ...
X @Bloomberg
Bloomberg· 2025-10-29 07:20
Aston Martin is putting its future model plans under review to lower costs, with US tariffs hitting the British carmaker https://t.co/qWB9Whm9Zg ...
Trump’s Tariffs Could Hit U.S. Oil and Gas With $50 Billion in Project Delays
Yahoo Finance· 2025-10-29 06:34
The tariff offensive that President Trump is leading against trade partners across the world will deal a blow to the oil and gas industry next year, according to a report by Deloitte. The consultancy, as quoted by Reuters, noted that the oil and gas industry relies on international supply chains that stand to be affected by tariffs, leading to cost increases of between 4% and 40% for various materials and components such as steel and piping. The U.S. oil and gas industry already warned about the adverse ...
X @Bloomberg
Bloomberg· 2025-10-29 06:10
Donald Trump said he threatened India and Pakistan with 250% tariffs to help spur the resolution of their conflict earlier this year, describing Indian Prime Minister Narendra Modi as “the nicest-looking guy” who is also a “killer” eager to fight https://t.co/4aIynErG2d ...
Tariffs to raise costs, delay oil and gas projects in 2026, report says
Reuters· 2025-10-29 04:07
Core Insights - U.S. President Donald Trump's tariffs are expected to increase operating costs for the oil and gas industry in 2026 [1] - The tariffs are likely to disrupt supply chains within the industry [1] - Investment momentum in the oil and gas sector is anticipated to weaken due to these tariffs [1]
Chubb Limited (CB) Continues to Reward Investors with 32 Straight Years of Dividend Hikes
Insider Monkey· 2025-10-29 02:24
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
X @Bloomberg
Bloomberg· 2025-10-29 01:08
As Canada reels from Donald Trump’s punishing tariffs, Prime Minister Mark Carney is seeking to build relationships with Asian economies https://t.co/91fpuIqUPn ...
Trump-Xi Meeting Will Aim to 'Lower the Temperature,' Baucus Says
Bloomberg Television· 2025-10-28 21:44
What are your expectations going into this this meeting on Thursday. I think bottom line, this is going to be a kind of hand-holding kind of a truce. You know, lowering of the temperature and not a lot of substantive, solid agreements.I think a lot of this is paving the way toward a hopefully summit later on next year. And with President Xi and China, they'll talk about clearly soybeans and fentanyl is clearly on the table. Tariffs will be on the table.That's more of the easier stuff. Will Iran get to expor ...
Children's clothing retailer Carter's closing 150 stores, cutting 300 jobs
Yahoo Finance· 2025-10-28 21:41
Core Insights - Carter's, a children's clothing retailer, plans to close 150 stores and cut 300 jobs over the next three years due to low margins and increased costs driven by tariffs [1][2][4] Store Closures and Job Cuts - The company will close approximately 100 stores by 2026, primarily as leases expire, and will reduce office-based roles by 15%, resulting in annual savings of $35 million [1][5][6] - The decision to suspend new openings of U.S. locations and reduce product offerings by 20-30% is part of the strategy to enhance operational efficiency [1][6] Financial Impact of Tariffs - Higher tariffs have significantly impacted the company's margins, with estimates indicating a net impact of $25 million to $35 million on fourth-quarter earnings [2][4] - Gross margins were affected by $20 million in Q3 2025, with expectations of a $40 million impact in Q4 [4][6] Strategic Focus - The CEO emphasized the need to enhance a performance-driven culture, aiming for greater ownership and accountability among fewer employees [5][6] - Due to ongoing uncertainties regarding tariffs, the company has opted not to provide sales and earnings guidance for 2025 [6]
Should I Invest In Bonds When Interest Rates Fall? - 10/28/25 | Market Sense | Fidelity Investments
Fidelity Investments· 2025-10-28 21:16
Short-term bonds can offer income, flexibility, and stability in a diversified portfolio. This episode of Market Sense explores how short-term bonds have performed in the current economic environment, especially with more rate cuts on the table. A Fidelity bond fund manager will also discuss how inflation, tariffs, and Fed policy are shaping bond market dynamics. Topics covered: • Interest rate cuts • Bonds & short-term bonds • Tariffs, Government debt, and Fed Independence • Active vs. Passive 00:00 Introd ...