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President Donald Trump said Apple must pay a 25% tariff if it doesn't rely on domestic production of iPhones for the U.S. market
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Executives at Ross Stores and Deckers say they will not provide full-year guidance
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Senate votes to block California's rule banning the sale of new gas-powered cars by 2035 AP NewsSenate Republicans Kill California's Ban on Gas-Powered Cars The New York TimesFury as Republicans go ‘nuclear' in fight over California car emissions The GuardianTesla Stock Drops After Trump Tax Bill Passes. There's Another Vote to Watch. Barron'sUpending norms, the Senate votes to undo California's EV rules
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Stock futures are little changed as elevated Treasury yields weigh on sentiment: Live updates CNBCWhy the bond market is so worried about the ‘Big, Beautiful Bill' CNNStock market today: Dow, S&P 500, Nasdaq futures trade flat as Wall Street digests Trump's trade and tax agendas Yahoo FinanceTrump's tax bill plan adds to federal debt, prompting investor backlash The Washington Post
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On Thursday, the company said it will handle the extra costs tied to the current tariff regime and still deliver its full-year earnings targets.
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Analysts warn legislation represents ‘sledgehammer strikes' to green power industry in the US
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Markets are "uttering a huge sigh of relief" after the two nations agreed to lower most tariffs for 90 days and signaled plans for continuing talks.
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