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Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Futures pointed to a tech stock rally when global markets opened in Asia on Monday for the first time since the US spared smartphones and other consumer electronics from the harshest tariffs against China. Futures … Read more
Stock futures pointed higher Sunday night, signaling more gains after markets endured a series of wild swings last week as President Donald Trump’s tariff regime has been a moving target. Futures for the Dow Jones Industrial Average rose 124 points, or 0.31%, while S&P 500 futures were up 0.58%, and Nasdaq futures jumped 0.85%. The … Read more
Commerce Secretary Howard Lutnick said President Donald Trump’s trade exemptions on electronic devices are only temporary. On Friday, US Customs and Border Protection published a notice on Trump’s so-called reciprocal tariffs to include exemptions on smartphones, computers, semiconductors, flat panel TV displays, flash drives, memory cards, solid-state drives for data storage, and other key tech … Read more
The tech industry may not be safe from new tariffs, according to U.S. Commerce Secretary Howard Lutnick. The Trump administration announced Friday evening that consumer electronics such as laptops and smartphones would be exempt from the tariffs it unveiled earlier this month. (While Trump delayed many of those tariffs this week, he left a 10% … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US commerce secretary Howard Lutnick said smartphones, computers and other consumer electronics may be hit with separate tariffs in a month, suggesting that exemptions offered on Saturday could be temporary. Late on Friday, … Read more
Israel has agreed to a temporary ceasefire extension proposal from President Donald Trump’s envoy to the Middle East, Steve Witkoff, for the period around the Muslim Ramadan and Jewish Passover, Israeli Prime Minister Benjamin Netanyahu’s office said Saturday night. The news came as the first temporary ceasefire agreement expired at midnight local time. Netanyahu’s office … Read more
“We are a multiproduct business,” Coinbase CEO Brian Armstrong said after his company released its Q4 earnings. Read More
The US Securities and Exchange Commission (SEC) has decided to pause its lawsuit against Binance for 60 days. Both Binance and the SEC jointly requested a federal judge to stay the lawsuit. Both parties cited the “potential impact of a newly launched task force.” According to a 11 February 2025 Reuters report, the move to … Read more
United States President Donald Trump and Israeli Prime Minister Benjamin Netanyahu (not seen) hold a joint press conference in the East Room at the White House in Washington, D.C., United States on February 04, 2025. Kyle Mazza / Anadolu—Getty Images
North Carolina Gov. Josh Stein said he will continue to use every resource at his disposal to ensure that residents impacted by Hurricane Helene stay warm, as winter storms sweep across the state – potentially affecting power grids and other critical infrastructure impacted by the prior storm. Federal Emergency Management Agency (FEMA) temporary housing assistance … Read more
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