News - 2025-03-11

Daily News Explorer

2025-03-11

Stock markets built on the latest steep losses driven by recession fears.

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Donald Trump's latest threat of 50% tariffs on Canadian steel and aluminum upended markets Tuesday, but his plan for duties there could be heartily welcomed by American manufacturers of those products.

On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

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Ontario Premier Doug Ford is acting "egregious" and "insulting" with his threat to "shut the electricity off completely" to Americans over tariffs, the White House said Tuesday.

Department store retailer Hudson’s Bay Company is undergoing a restructuring through Canada’s Companies’ Creditors Arrangement Act as it struggles to pay its debts.

Elon Musk said in a FOX Business interview that DOGE's cost-cutting efforts will reach $1 trillion in savings "unless we're stopped" and said the group has made "good progress."

Alcoa CEO Bill Oplinger warned that prices of some goods could see price hikes on the heels of President Trump's additional tariffs on Canadian aluminum.

Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street’s biggest bulls said it was time to buy the stock.

As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations.

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Mr. Kennedy told executives of major food companies that he wants synthetic colors removed from their products. “Decision time is imminent,” a trade group warned its members.

PC Luke Goddard admitted to knowingly dodging payment for train fares between Devon and Wiltshire.

The assumption that the US president would row back on policies if shares fell no longer holds true.

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President Donald Trump said he will double tariffs on Canadian steel and aluminum from 25% to 50% in response to Ontario's 25% tariff on electricity exports to three U.S. states.

Here’s how to get the best deals offered by Epic, Ikon and others.

Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.

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Stock markets built on the latest steep losses driven by recession fears.

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The tax authority has been heavily criticised for failing to answer tens of thousands of calls.

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The measure is part of the Planning and Infrastructure Bill, which has been introduced to Parliament.

Market researchers say the slumping popularity of the market-leading Apple Watch was to blame

The US president escalates the trade war with Canada and threatens more levies.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

Southwest Airlines, which long stood out amongst competitors for its low-cost, no-frills model, is starting to re-evaluate its approach as it seeks to capture more revenue.

CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.

As of Monday's close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs.

Wall Street strategists are increasingly turning bullish on European stocks, while downplaying US equities.

After backlash from Elon Musk and companies like Meta, Big Law is publicly supporting a bill seeking to reform the Delaware Court of Chancery.

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Weeks of selling culminated on Monday with the S&P 500’s worst day of the year. Markets were somewhat calmer on Tuesday but investors continue to puzzle over President Trump’s policies.

Billionaire investor Ron Baron is standing by Elon Musk's Tesla amid its dramatic sell-off.

Customers with the highest loyalty status will be spared from the fee, but others will have to pay for checked bags for flights booked from May 28.

The major U.S. stock indexes tumbled on Monday, as concerns about the effects of President Donald Trump’s tariffs on economic growth spooked investors.

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The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.

Manchester United announce plans to build the biggest stadium in the UK - an "iconic" new £2bn 100,000-seater ground close to Old Trafford.

The Internal Revenue Service (IRS) released data showing that the average tax refund check sent to taxpayers was larger than last year during the first month of the filing season.

More than 12 million members will receive the money directly into their accounts by the end of April.

US president blames 'radical left lunatics' but analysts point to Tesla sales slump.

Tesla's allure as the original meme stock is its seemingly infinite comeback stories.

The automaker said on Tuesday that Makoto Uchida would step down. The company has said it would slash global production capacity and cut thousands of jobs.

After two years of economic and stock market forecasts proving too conservative, the stock market is selling off as analysts rerate their overly optimistic stance headed into 2025.

(Bloomberg) -- Citigroup Inc. downgraded its view on US equities while upgrading China to overweight, another sign of the growing divergence in the outlook toward the world’s top two markets.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High L

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President Trump and his predecessor Joe Biden now largely agree on a major question that has the potential to reshape the tech world: Google should be broken up. Where they differ is what the tech giant should do with its AI investments.

Stock markets are eyeing a cautious revival from the latest steep losses driven by recession fears.

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After months of optimism over the prospect of a US economic "soft landing," more Wall Street watchers are now warning of another possible outcome: stagflation.

Goldman Sachs is the latest economic forecasting team to downgrade its outlook as Trump's tariffs are expected to weigh on growth and boost inflation.

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Musk's role in sweeping cuts to the federal workforce at the behest of Trump has led to protests in the U.S. against Tesla. About 350 demonstrators protested outside a Tesla electric vehicle dealership in Portland, Oregon, last week, while nine people were arrested during a raucous demonstration outside a New York City Tesla dealership earlier in March. Musk is spearheading the Trump administration's so-called Department of Government Efficiency, or DOGE.

Stock futures edged higher Tuesday after concerns that a recession would hit the U.S. economy sparked a broad sell-off on Monday.

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