Johnson & Johnson Forecasts $400 Million in Tariff-Related Costs This Year
Stocks edged lower as President Trump released a new statement calling on China to make a trade deal. Boeing stock fell after China cut off new orders. Plus: shares of grocery chain Albertson’s dropped after its financial outlook disappointed investors. Ariana Aspuru hosts.
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2:41
Beijing Goes After Boeing, Tells Airlines Not to Order New Aircraft
Plus: U.S. big banks say in their quarterly earnings reports that consumer sentiment may be down but spending isn’t. And we exclusively report that Blackstone is teaming up with two big traditional asset managers to extend its reach into everyday investors’ portfolios. Charlotte Gartenberg hosts.
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2:37
Trump Administration Investigating Pharmaceutical and Semiconductor Tariffs
Plus, South Korea says it’s preparing roughly $23 billion in government support for the chip sector amid tariff uncertainty. And Netflix aims for a $1trillion market capitalization. Luke Vargas hosts.
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2:46
Stocks Rise After Tech Tariff Rollback and a Potential Pause in Automaker Import Duties
President Trump’s zigzag on tariffs boosted shares of tech companies focused on hardware. Plus, Goldman Sachs shares rose after the investment bank reported higher revenue from equities trading. Danny Lewis hosts.
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2:31
Nvidia to Make AI Supercomputers Entirely in U.S.
Plus: Goldman Sachs profit surges as tariff uncertainty powers trading revenue. And U.S. companies are going bankrupt at the fastest rate since 2010. Charlotte Gartenberg hosts.
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