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Sony shares rise about 2% in volatile trading following share buyback announcement
cnbc.com/2025/05/14/sony-shares-rise-about-2percent-in-volatile-trading-following-share-buyback-announcement.html
Sony shares rise about 2% in volatile trading following share buyback ...
Sony posts record profit of $7.5bn as it focuses on entertainment: TOKYO -- Sony Group on Wednesday posted a record net income of 1.1 trillion yen ($7 ...
asia.nikkei.com/Business/Media-Entertainment/Sony-posts-record-profit-of-7.5bn-as-it-focuses-on-entertainment
Sony posts record profit of $7.5bn as it focuses on entertainment
More articles on this subject
‘What democracy looks like:’ Protesters march to Mar-a-Lago as part of ‘No Kings’ anti-Trump rallies in South Florida
sun-sentinel.com/2025/06/14/anti-trump-no-kings-rallies-begin-in-south-florida-in-national-day-of-protests/
‘What democracy looks like:’ Protesters march to Mar-a-Lago as part of ‘No ...
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Mass Protests Challenge Trump’s Authoritarian Actions
On June 14, about 2,000 people gathered in South Florida to oppose Trump’s policies and a military parade in Washington, D.C.
Key FactsJun 14 · Reading time: ~45 sec.
Summary created with AI assistance · Source: sun-sentinel.com
  • Thousands participated in nationwide protests, with major South Florida rallies centered around a march from Phipps Skate Park to Mar-a-Lago.

  • Protesters condemned Trump’s immigration enforcement, cuts to social services, and perceived moves toward authoritarian governance.

  • Sheriff deputies blocked demonstrators from reaching Trump’s Palm Beach residence, maintaining a tense but peaceful standoff.

  • Law enforcement agencies increased patrols and emphasized protecting public safety while preparing to respond to any potential violence.
  • As a Cuban, I feel that it’s very important to speak up for what we see that is wrong.Madelaine Margolese, who had grown up under that country’s communist government, as she walked on the bridge toward Trump’s home.
‘Afraid of his own shadow’: The split that could finally take down Trump’s old enemy
smh.com.au/business/the-economy/afraid-of-his-own-shadow-the-split-that-could-finally-take-down-trump-s-old-enemy-20250624-p5m9rz.html
‘Afraid of his own shadow’: The split that could finally take down Trump’s ...
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Powell Signals No Rate Cut Expected in July
Fed Chair Powell sees tariffs impacting inflation more noticeably this summer, delaying any interest rate reduction until later in 2025.
Key Facts3h · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
  • Jerome Powell stated it is premature to consider cutting interest rates in July due to uncertain economic effects of current policies.

  • The Federal Reserve has maintained its benchmark rate between 4.25% and 4.5% since January to monitor tariff impacts.

  • Powell noted tariffs might cause either temporary or persistent inflation, but the full extent remains unclear.

  • Despite some officials' support for rate cuts, most predict no reduction before the end of the year.
  • It would be inappropriate for us to comment on the policy of tariffs. We don’t have a view. It’s not our job and we just wouldn’t do that.Jerome Powell during his testimony before Congress regarding monetary policy.
Retail sales fell 0.9% in May, worse than expected, as consumers pulled back: Consumer spending pulled back sharply, weighed by declining gas sales and looming ...
cnbc.com/2025/06/17/retail-sales-may-2025-.html
Retail sales fell 0.9% in May, worse than expected, as consumers pulled ...
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US Retail Sales Decline Amid Economic Uncertainty
May retail sales dropped 0.9%, marking the biggest fall since January as vehicle purchases slowed post-tariff surge.
Key FactsJun 17 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • US retail sales decreased by 0.9% in May, marking the second consecutive monthly decline.

  • The drop was largely due to reduced motor vehicle purchases after the rush to avoid tariff-driven price hikes subsided.

  • Manufacturing output outside of vehicle assembly declined, though core retail sales rose by 0.4%.

  • Economic uncertainty from shifting trade policies is restraining business investments and softening demand.
  • The outlook for consumer spending is cloudy.
    Bill Adams, chief economist at Comerica Bank, comments on the challenges facing consumer behavior.
Canada could slap more duties on US steel and aluminum, says Carney: Canada could increase counter-tariffs on U.S.-produced steel and aluminum if it does not ...
reuters.com/world/americas/canada-address-unfair-trade-steel-aluminum-sectors-says-carney-2025-06-19/
Canada could slap more duties on US steel and aluminum, says Carney
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Canada Considers Raising Tariffs on U.S. Steel, Aluminum
Tariff increases may happen by July 21 if Canada and the U.S. fail to finalize a new trade deal, affecting $15.6 billion in products.
Key FactsJun 19 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • Canada plans to adjust counter-tariffs on U.S. steel and aluminum by July 21 depending on progress in trade negotiations.

  • The U.S. recently boosted tariffs on these metals to 50%, impacting Canada as a major exporter to the U.S. market.

  • New procurement policies will prioritize Canadian producers and partners with reciprocal tariff-free access for federal contracts.

  • Canada will set tariff-rate quotas on steel imports from non-free trade partners to protect its domestic industry from harmful diversion.
  • We are united in working on all forms of support for the industry... that starts with buying Canadian steel and aluminum for federal projects.
    Mark Carney, during a press conference regarding Canada's new trade measures.
OpinionCommentary: Trump misreads China at his own peril: Faulty assumptions and flawed advice are complicating Washington’s approach to Beijing ...
channelnewsasia.com/commentary/china-us-donald-trump-xi-jinping-tariff-trade-war-policy-5193811
Commentary: Trump misreads China at his own peril
The Post-Liberal Disorder: Benn Steil considers the implications of Donald Trump's war on multilateral trade and related institutions.
project-syndicate.org/magazine/from-us-centered-rules-based-order-to-post-liberal-disorder-by-benn-steil-2025-06
The Post-Liberal Disorder
‘Leaving tonight’: Trump’s brutal Albo snub: In a brutal snub to Australia, Donald Trump has said he will leave the G7 meeting in Canada a day early ...
news.com.au/national/politics/us-president-donald-trump-leaves-g7-summit-early-snubbing-meeting-with-anthony-albanese/news-story/3b6cc92c83d191e75867a95896dee377
‘Leaving tonight’: Trump’s brutal Albo snub
Japan's exports post first drop in 8 months as US tariffs hit auto firms: Japan's exports fell in May for the first time in eight months as big automakers like ...
reuters.com/business/japan-exports-post-first-drop-8-months-us-tariffs-hit-autos-2025-06-18/
Japan's exports post first drop in 8 months as US tariffs hit auto firms
Trump Ripping Up the Free Trade Playbook Comes With $1 Trillion Cost. The ominous trajectory of the US president’s tariff overhaul looms over the G-7 gathering ...
bloomberg.com/news/features/2025-06-13/trump-tariff-regime-could-cost-world-1-trillion-us-690-000-jobs
Trump Ripping Up the Free Trade Playbook Comes With $1 Trillion Cost ...
4 Ways the Freight Industry is Changing: Tariff policies and trade tensions are driving these shifts.
trib.al/6MSyZxw
4 Ways the Freight Industry is Changing
How Japan—and Other U.S. Allies—Can Work Around America: A Plan to Survive Trump’s Trade War
foreignaffairs.com/japan/how-japan-and-other-us-allies-can-work-around-america
How Japan—and Other U.S. Allies—Can Work Around America: A Plan to Survive ...
EU readies retaliatory tariffs to secure better trade deal with Trump: German chancellor backs more muscular approach ahead of July talks deadline
ft.com/content/3d336a84-ac59-45ee-b857-8a01fc7cd806
EU readies retaliatory tariffs to secure better trade deal with Trump
Trump's deportation of harvest workers leaves farmers in despair: As US farmers are deprived of harvest workers, the fruit rots unharvested in the fields ...
topagrar.com/panorama/news/trumps-abschiebung-von-erntehelfern-lasst-farmer-verzweifeln-20015175.html
Trump's deportation of harvest workers leaves farmers in despair
US Supreme Court declines to speed up decision to take up fight over tariff: The court declined to fast-track the review of the dispute over Trump having legal ...
aljazeera.com/economy/2025/6/20/us-supreme-court-declines-to-speed-up-decision-to-take-up-fight-over-tariff
US Supreme Court declines to speed up decision to take up fight over ...
Trump signs order confirming parts of UK-US tariff deal: The pact between the US and UK means tariffs will be reduced on certain goods such as cars entering the ...
bbc.com/news/articles/cy8gxp7dvepo
Trump signs order confirming parts of UK-US tariff deal
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US-UK Trade Deal Advances, Steel Tariffs Unresolved
The agreement lowers tariffs on UK aerospace and autos, but steel and aluminum duties remain unsettled ahead of July 2025 deadline.
Key FactsJun 17 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • The deal reduces tariffs on UK aerospace products and establishes a quota for British automobile imports to the US.

  • A 100,000 annual car quota benefits from a 10% tariff, effective seven days after Federal Register publication.

  • US steel and aluminum import quotas will be set based on UK security assurances concerning supply chains and production.

  • Pharmaceuticals and other sectors were excluded from the deal, with further negotiations planned.
  • The UK is very well protected. You know why? Because I like them. That's their ultimate protection.Donald Trump, when asked if the deal protects the United Kingdom from future tariff threats.
The Fed holds interest rates steady again as officials wait for the effects of Trump’s tariffs
edition.cnn.com/2025/06/18/economy/fed-rate-decision-june
The Fed holds interest rates steady again as officials wait for the ...
US business activity grows in June, but tariffs and inflation cloud outlook: Manufacturing in the United States sees modest expansion this month; inflation ...
wionews.com/business-economy/us-business-activity-grows-in-june-but-tariffs-and-inflation-cloud-outlook-1750738165768
US business activity grows in June, but tariffs and inflation cloud ...
Australia’s luxury success story is running out of cash and Trump is to blame: It has taken Donald Trump just 10 weeks to strip away any doubts about the ...
smh.com.au/business/companies/australia-s-luxury-success-story-is-running-out-of-cash-and-trump-is-to-blame-20250620-p5m90a.html
Australia’s luxury success story is running out of cash and Trump is to ...
Busiest US seaport takes hit from 145% China tariffs, worries remain: Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could ...
reuters.com/business/autos-transportation/may-imports-drop-9-busiest-us-seaport-145-china-tariffs-2025-06-13/
Busiest US seaport takes hit from 145% China tariffs, worries remain
Tariffs are pushing remodeling costs up. Here are some ways to save money.: Tariffs are making building materials, including lumber and steel and aluminum ...
cbsnews.com/news/tariffs-construction-remodeling-costs/
Tariffs are pushing remodeling costs up. Here are some ways to save money.
How everyday consumer prices are changing under President Trump: Using consumer price data, the Tribune is tracking 11 everyday costs for Americans and how they ...
chicagotribune.com/2025/06/12/may-us-consumer-goods-price-tracker/
How everyday consumer prices are changing under President Trump
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Saving the Damaged Chestnut Tree Mural in Horw
Restoration of the 33-year-old mural costs 100,000 CHF and is planned to finish by the end of August 2025.
Key FactsJun 23 · Reading time: ~45 sec.
Summary created with AI assistance · Source: chicagotribune.com
  • The mural depicting the legend of the chestnut trees in Horw has suffered significant moisture damage.

  • Restoration work includes replacing damaged wooden panels and carefully retouching the painting across its 50 square meters.

  • The 100,000 CHF cost is largely due to specialized carpentry and art restoration efforts.

  • Funding is only partially secured, prompting a fundraising campaign to cover remaining expenses before completion in August.
  • The restoration is indeed labor-intensive.
    Christian Volken, media spokesperson for the municipality of Horw, describes the challenges of restoring the mural.
Trump administration disbands group focused on pressuring Russia: Sources: The Trump administration shelved in recent weeks an inter-agency working group it had ...
ara.tv/y1god
Trump administration disbands group focused on pressuring Russia: Sources
WATCH: Trump, Starmer announce trade deal at G7 summit: President Donald Trump and Prime Minister Keir Starmer said Monday that they are signing a trade deal ...
pbs.org/newshour/world/watch-trump-starmer-announce-trade-deal-at-g7-summit
WATCH: Trump, Starmer announce trade deal at G7 summit
Millennial received a $372 tariff bill for online shopping: Krystal Wahnschaffe, 35, is a Texas mother of two. She spent $919 on a spring clothing haul and was ...
businessinsider.com/millennial-mom-received-china-trump-tariff-bill-online-clothes-shopping-2025-6
Millennial received a $372 tariff bill for online shopping
Fomca lauds new 'B40-friendly' electricity tariffs: KUALA LUMPUR: The Federation of Malaysian Consumers Associations (Fomca) has expressed full support for the ...
thestar.com.my/news/nation/2025/06/20/fomca-lauds-new-039b40-friendly039-electricity-tariffs
Fomca lauds new 'B40-friendly' electricity tariffs
President Trump says he’ll set unilateral tariff rates within weeks: The president said that he would set country-specific rates in less than two weeks — after ...
euronews.com/business/2025/06/12/president-trump-says-hell-set-unilateral-tariff-rates-within-weeks
President Trump says he’ll set unilateral tariff rates within weeks
Lutnick says US tariff levels on China won't change: U.S. Commerce Secretary Howard Lutnick said on Wednesday that the 55% tariffs imposed by the United States ...
reuters.com/world/china/lutnick-says-us-tariff-levels-china-wont-change-2025-06-11/
Lutnick says US tariff levels on China won't change
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US-China Trade Deal Maintains 55% Tariff Rate
The agreement keeps US tariffs on China at 55% and includes lifting export limits on rare earth minerals, with new deals expected next week.
Key FactsJun 11 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • US Commerce Secretary Howard Lutnick confirmed that tariffs on Chinese goods will remain at 55%.

  • A trade deal has been reached, pending signatures from Presidents Trump and Xi Jinping.

  • The agreement includes the removal of Chinese export restrictions on rare earth minerals and other key industrial inputs.

  • China agreed to explore expanding trade with the US, with additional trade deals anticipated starting next week.
  • You can definitely say that.
    — U.S. Commerce Secretary Howard Lutnick in an interview with CNBC when asked if the tariff levels on China would not change.
Unsettled Boeing arrives at Paris Air Show as Air India crash questions linger: Boeing was generating optimism. Then on Thursday a 787 crashed ...
seattletimes.com/business/boeing-aerospace/boeing-arrives-at-paris-air-show-as-air-india-crash-questions-linger/
Unsettled Boeing arrives at Paris Air Show as Air India crash questions ...
“Either you accept or you don't”: Trump threatens trade partners...: Trump's grace period ends: He announces further tariff increases - | The EU, China ...
diepresse.com/19786994/entweder-ihr-akzeptiert-oder-nicht-trump-droht-handelspartnern-mit-neuen-zoellen
“Either you accept or you don't”: Trump threatens trade partners...
How Japan—and Other U.S. Allies—Can Work Around America: A Plan to Survive Trump’s Trade War
foreignaffairs.com/japan/how-japan-and-other-us-allies-can-work-around-america
How Japan—and Other U.S. Allies—Can Work Around America: A Plan to Survive ...
Trump has become an easy mark — and so has America: The president's erratic behavior has left him — and us — open to manipulation from allies and enemies ...
salon.com/2025/06/18/has-become-an-easy-mark--and-so-has-america/
Trump has become an easy mark — and so has America
Global economy on track for worst decade since 1960s, World Bank warns: Global economic growth is on track for its weakest decade since the 1960s ...
edition.cnn.com/2025/06/10/business/world-bank-global-economy-trump-trade-war-intl
Global economy on track for worst decade since 1960s, World Bank warns
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Global Economy Faces Weakest Growth Since 1960s
Global GDP growth forecast cut to 2.3% in 2025 amid trade war tariffs and uncertainty fueled by US policies.
Key FactsJun 10 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
  • The World Bank reports the slowest global economic growth since the 1960s due to increased tariffs and trade tensions initiated by the US.

  • Global growth for 2025 has been downgraded from 2.7% to 2.3%, reflecting persistent tariff levels worldwide.

  • Nearly 70% of economies have had their growth projections lowered due to trade uncertainties and rising government debt.

  • US-China trade talks continue amid looming reciprocal tariffs set to impact many American trading partners starting July.
  • The escalation in the global trade war, uncertainty over the endpoint for tariffs and their impact on global trade volumes, supply chains, investment and international relations is a significant adverse global economic shock.
    Fitch Ratings in a report citing the impact of tariff hikes and trade policy uncertainty.
It’s clear who has greater leverage in the trade talks. It’s not Trump: In the trade negotiations between China and the US, the focus has switched from tariffs ...
smh.com.au/business/markets/it-s-clear-who-has-greater-leverage-in-the-trade-talks-and-it-s-not-trump-20250610-p5m65a.html
It’s clear who has greater leverage in the trade talks. It’s not Trump
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China's Rare Earths Shift US-China Trade Power
China controls 90% of rare earths, leveraging export controls in 2025 talks to pressure US industries like automotive and defense.
Key FactsJun 10 · Reading time: ~45 sec.
Summary created with AI assistance · Source: smh.com.au
  • Trade negotiations between the US and China now emphasize export restrictions on rare earths rather than tariff disputes.

  • China supplies nearly 90% of the world’s rare earth minerals critical to advanced manufacturing technologies in the US.

  • This dominance allows China to quickly adjust exports, threatening key American sectors including automotive and defense.

  • The US is attempting to develop alternative sources, but these will not be available at scale in the near future.
  • There should no longer be any questions respecting the complexity of rare earth products.
    — Trump said this after a phone call with Xi Jinping that resulted in a very positive conclusion for both countries.
OpinionCommentary: Asian leaders sidelined at G7 summit amid global turmoil: The G7 summit in Canada ended without a joint statement, emblematic of deepening ...
channelnewsasia.com/commentary/g7-summit-canada-trump-tariff-middle-east-india-japan-korea-5198031
Commentary: Asian leaders sidelined at G7 summit amid global turmoil