Trump’s tariff war with China intensifies in Geneva talks
Negotiators from the United States and China prepare for initial talks in Geneva as Beijing responds with triple digit tariffs. Experts warn there is no clear path to de escalation while markets face turmoil and consumer prices loom.
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Donald Trump
China
Trump
Treasury
Scott Bessent
Beijing
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Bessent
Jamieson Greer
Geneva
U.S
Truth Social Post
Scott
Craig Singleton
Foundation For Defense of Democracies
Pacific Ocean
John Gong
University of International Business and Economics
Jeff Moon
Obama
China Moon Strategies
U.S. Treasury
United States
Newark radar outage at Newark airport renews aging system fears
The FAA reported a 90 second radar outage at the Philadelphia facility directing Newark flights, marking a second such incident in two weeks. Officials tied the trouble to aging control infrastructure and copper wiring, amid thousands of delays and calls for a multi billion dollar modernization plan. Newark operations faced hundreds of delays and cancellations as lawmakers urge faster upgrades and staffing improvements.
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New Jersey
Donald Trump
Federal Aviation Administration
Philadelphia
FAA
FlightAware.com
Leavitt
Sean Duffy
Washington, D.C
National Transportation Safety Board
Reagan National Airport
Allied Pilots Association
Dennis Tajer
Tajer
U.S
Josh Gottheimer
Gottheimer
U S Hispanics Lose Confidence in Economy Amid High Costs
U S Hispanics show a dip in consumer sentiment with the Florida Atlantic University index at 85.7 in Q1 2025 down from 89.6 in Q4 2024, amid rising borrowing costs, price pressures, tariffs and fears of recession. The study notes gender and age gaps in outlooks, with men more optimistic than women and younger groups more hopeful than those 55 and older.
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U.S
Florida Atlantic University
FAO
Monica Escaleras
Initiative
United States
Escaleras
Wall Street ends a quiet week with small declines
U S stocks drifted through a calm Friday with the S P 500 down 0 1 percent for the week and the Dow slipping 119 points while the Nasdaq edged up slightly Markets faced ongoing trade war concerns as U S and Chinese officials prepared for talks in Switzerland Traders watched earnings from Expedia Hilton Airbnb and Lyft with mixed results Expedia fell 7 3 percent amid softer travel demand while T S M C rose 0 7 percent on April revenue gains Taiwan Semiconductor Manufacturing reported a 48 1 percent year over year April revenue surge backing a positive outlook for its U S listed shares
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Wall Street
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U.S
Switzerland
Trump
United States
Treasury
Scott Bessent
United Kingdom
Truth
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Vibo
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Canada
Hilton
Airbnb
Lyft
Taiwan Semiconductor Manufacturing
TSMC
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Newark Liberty International Airport