Customers are looking for personal health elements offered on April 18, 2025 at the Costco branch in Niannetic, Contecticut.
Robert Nicholsberg Gety pictures
The American Federal Reserve at its meeting on May 7 to caution America faces an increased risk of stagnation – a scenario in which the economy slows or hinders during inflation – due to the huge definitions imposed by President Donald Trump from April 2.
However, the inflation data released on Tuesday showed that prices have not yet been hotter. In fact, the annual reading came in less than expected, and the basic number, which excludes flying food and energy prices, was less than the month’s expectations.
It is recognized that the data is only a month after the Trump tariff. Imports rush at the beginning of the year – which was a large part of the cause of GDP in the United States Fell – It can weaken price increase. Companies may also swallow taxes.
But with The standing of “mutual” definitions, The commercial deal with the United Kingdom and An agreement with China Reducing the tasks consisting of three numbers temporarily-and all of which will suppress the high prices and maintain the American consumer, the basis for the American economy, happy-it seems that the recession threat is diminished at the present time.
What you need to know today
The lowest annual inflation since 2021
American consumer price index It increased by 0.2 % seasonal rate In April, the 12 -month inflation rate was made by 2.3 %, its lowest level since February 2021. Annual inflation was less than 2.4 % expected. Core Core CPI also increased by 0.2 % for this month, while the general level of years was 2.8 %. The expectations were 0.3 % and 2.8 %, respectively.
S&P 500 is positive for this year
Tuesday, the S & P 500 0.72 % rose, put about 0.1 % in green for 2025. Nasdak He added 1.61 %, raised by Nafidia 5.6 % jump on news that the company sends 18,000 advanced chips to Saudi Arabia. However, the Dow Jon’s industrial average Get rid of 0.64 % after a decrease of approximately 18 % in shares United The standard pressed.
Trump raises the sanctions on Syria
US President Donald Trump in the Kingdom of Saudi Arabia for The first diplomatic trip From his second term. At the United States Investment Forum in Rio on Tuesday, Trump announced that he will Removing all sanctions on Syria. The country was Dean by the United States As a sponsor of a state of terrorism since 1979. Trump has also declared the same event that the Kingdom of Saudi Arabia will be Investing $ 600 billion in the United States In a series of deals.
Microsoft reduces 3 % of its employees
Microsoft On Tuesday he said that 3 % layoffs of employees Through all levels, teams and geographical regions, which affect about 6000 people. A Microsoft spokesman said in a statement to CNBC. The company has reported better results than expected in late April, with $ 25.8 billion in net semester income, Optimistic expectations.
Coinbase Jump shares
Coinbase The stocks increased by 24 % Sharp Since November 6, the day after Trump’s election victory. On Monday, S& P Global said in a later version on Monday Coinbase will replace Discover Financial Services In S&P 500 before trading on May 19. The value often rises to the S&P 500 because the money that follows the standard will add to its portfolios.
(Pro) UBS Wealth reduce US stocks
Despite the last S&P assembly due to promising signs that commercial deals are formed between the United States and its commercial partners, UBS Wealth on Tuesday American stocks reducedEven with the presence of others in Wall Street to lift they 2025 forecasts L S&P.
Finally …
GMC captured trucks are offered for sale a lot in General Motors on January 05, 2023 in Austin, Texas.
Brandon Bell Gety pictures
GM reveals the new “leading” “leading” battery technology, aiming to be the first market
General Motors It is expected that the new “leading” battery technology that the auto manufacturer says will reduce costs and enhance the profitability of the largest electrical four -wheel drive vehicles and trucks.
General Motors targets new batteries and chemistry inside them-called lithium-rich battery cells-for use in full size electric cars such as Chevrolet Silvrado and IQ Escalade starting in 2028.
The new batteries use the most practical and less expensive minerals such as manganese instead of larger quantities of cobalt and nickel currently used in General Motors and other car manufacturers.
The first GM expectations are expected to the market after the Crossown competitor Ford Motor Earlier this month, it announced its intention to launch what is called LMR batteries “Change the game” before 2030.
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