International Business Times

Wall St Leads Rout As World Reels From Trump Tariffs

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy would emerge victorious.

Trump Accused Of Using ChatGPT To Create Tariff Plan After AI Leads Users To Same Formula: 'So AI Is Running The Country'
The Trump administration has been accused of using ChatGPT to calculate the tariffs it presented to the world on Wednesday.
UK Avoids Worst US Tariffs Post-Brexit, But No Celebrations
More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.
China Says Opposes New US Tariffs, Vows 'Countermeasures'
China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to safeguard its own rights and interests".
Amazon Makes Last-minute Bid For TikTok: Report
Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday.
Waltz's Team Created 20 Signal Chats To Discuss National Security And Foreign Policy: Report
House Homeland Security Committee ranking member Bennie Thompson (D-Miss.) said that Gmail is "far less secure than Signal. Not only is it a security risk — it's another flagrant skirting of recordkeeping laws. Again, it's amateur hour in the Trump White House."
Shaken NATO Allies To Meet Trump's Top Diplomat
Rattled US allies will press Secretary of State Marco Rubio Thursday to lay out Washington's plans for NATO and Ukraine, but his first visit to the alliance risks being overshadowed by a growing trade war.
Judge Dismisses Corruption Case Against NY Mayor
A US judge on Wednesday permanently dismissed corruption charges against New York City Mayor Eric Adams, weeks after President Donald Trump's administration pushed to stop the unprecedented prosecution.
Trump Admin Cuts Key Staff Involved In FDA's Bird Flu Response Amid Widespread HHS Layoffs
The job cuts have impacted researchers, scientists, and senior officials, leading to the loss of key figures who shaped U.S. policies on drug approvals, medical research, and public health.

US Tariffs Could Push Up Inflation, Slow Growth: Fed Official

The trade uncertainty fueled by recent tariffs will likely raise the risks of higher inflation and slower growth, and pose challenges for Federal Reserve policy, a senior banking official said Thursday.

Economy in Focus

Trump's Trade Math Baffles Economists
Trade economists were scratching their heads on Thursday at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.
Trump Mocked For Stock Market Nosedive Following Tariff Rollout: 'So This Is What Liberation Looks Like'
Trump Tariffs Spark Fears For Asian Jobs, Exporting Sectors

War in Ukraine

Ukraine Accuses Russia Of 'War Crime' With Military Hospital Strike
Ukraine accused Russia of committing a "war crime" during its weekend attack on the city of Kharkiv, as the US-backed ceasefire efforts continue to prove elusive.
Bloated, Limping, And Twitching: Is Putin Dying? Zelensky Thinks So
Amidst escalating geopolitical tensions, particularly concerning the conflict in Ukraine, speculations regarding Vladimir Putin's health have intensified.
Argentina Seeking $20 Billion IMF Loan
Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.
Ukraine Needs European Troops With 'Readiness To Fight': Kyiv Aide
Ukraine needs a "serious" contribution from Europe of troops who are ready to fight, and not peacekeepers, after any end of hostilities with Russia, a senior aide to President Volodymyr Zelensky told AFP on Wednesday.

Crypto's April Fool's Overnight Top Gainers: $BTC, $XRP Slightly Up, But Lesser-Known Altcoins Dominate

The crypto market saw a market-wide crash on April Fool's Day, but in the night, some altcoins surged dramatically to defy the downturn, including altcoins $SURE and $EOS.

Contributor

Achosa Home Warranty: Restoring Trust And Choice In Home Protection For Real Estate Agents

Operating across 28 states, with more on the horizon, Achosa is reshaping the home warranty experience by handing control back to homeowners and real estate professionals.

Contributor
Front Porch Cohousing: Building A Future Of Belonging
Front Porch Cohousing aims to restore what society seems to have lost: connection. Moreover, it intends to build a true community that values, supports, and empowers its residents to live as independently as possible. T
Contributor
Thought Leader Amit Ojha Throws Light on the SaaS Silos in Businesses and Envisions for a Connected Future
Amit Ojha's journey into the tech arena began in India, where he completed his bachelor's degree, before moving to the United States in 2006 to pursue his master's at San Jose State University (SJSU).

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

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