Stocks Rise After Federal Reserve Holds Rates Steady
Fed Chair Jerome Powell says risks to economic growth from President Trump’s tariffs haven’t appeared yet, but his concerns have some investors worried about stagflation. Plus: Disney shares jump after announcing plans for a new theme park in Abu Dhabi. Danny Lewis hosts.
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2:39
Disney Announces New Theme Park in Abu Dhabi
The House of Mouse also reported a March quarter rise in revenue. Plus: Uber swings to profit from bookings growth but misses Wall Street estimates. Pakistan vows to respond to India’s airstrikes. And the papal conclave to elect a new pope begins. Charlotte Gartenberg hosts.
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2:40
U.S., China Officials Agree to Meet for Trade Talks
Plus: NovoNordisk downgrades its guidance amid competition from copycat versions of its weight-loss and diabetes drugs. And U.S. electric vehicle sales drop despite growth in the broader car market. Kate Bullivant hosts.
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3:01
U.S. Stocks Decline as Market Jitters Over Trade Return
Investor nervousness over U.S. tariffs and a lack of announced trade deals push major stock indices lower. Plus: Shares of Clorox fall after the company revises its guidance to include the impact of tariffs. And Palantir shares drop, with some analysts questioning the rapid growth of the company’s market cap. Danny Lewis hosts.
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2:46
U.S. Trade Deficit Hits Record as Businesses Stockpile Pharmaceuticals
Plus: Germany’s Friedrich Merz wins chancellorship on second vote, starting his term in a weakened position. DoorDash reports a first-quarter profit, and plans to acquire Deliveroo and SevenRooms. And the EU lays out plans to cut Russian energy imports by 2027. Charlotte Gartenberg hosts.
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