May 9th, 2025
Create an account or log in to unlock unlimited access!
Stocks in the U.S. went up a little on Wednesday. The Fed kept the interest rate the same. But the Fed said there could be problems for the U.S. economy.
Stock prices went up today. The S&P 500, Dow Jones, and Nasdaq went up a little.
Stock markets went up and down. Then they went up a lot. People hoped the US and China would stop fighting about trade. This fight is bad for the world.
USA and China will talk in Switzerland. Some people hoped for good news. But President Trump said he will not lower taxes on Chinese things. China wants lower taxes to talk about trade.
Trade problems make the U.S. economy change quickly.
The head of the bank said they can wait to change the price of money.
Powell said, "We don't know many things." The Fed is waiting to see what happens with Trump's taxes on goods.
This is true because the US is talking more about trade with other countries.
The Fed said the economy has more problems because of taxes on goods. These taxes can make jobs worse and prices go up.
Powell said if taxes go up a lot, prices will go up, the economy will be slow, and more people will lose their jobs.
This is bad because the economy is not growing, and prices are high.
Big US companies are making more money now.
Disney's price went up a lot. The company made more money than expected. It will make more money in the future. Many new people started watching Disney+ shows.
But companies say the economy is not sure, so it is hard for them to know about their money in the future.
Marvell Technology stock went down a lot. They changed the date of their meeting because they are not sure about the economy.
The stock market went up.
After the Fed talked, the cost of government money went down a little.
Markets in Europe went down. Markets in Asia went up.
May 9th, 2025
US Confidence: People Feel Better About Money Now
USA and Europe: A Trade Fight. What Does USA Want? What Can Europe Give?
Salesforce Buys Informatica for $8 Billion
Companies in Europe Do Less Business in China
Walmart: Prices Go Up Because of Taxes
Starbucks Workers Stop Work: They Don't Like the New Clothes Rule
Japan's Economy: Less Money Because of Trade Problems
Trump and Trade Deals: More Questions About Tariffs
Korea confident about nuclear deal
Create an account or log in to continue reading and join the Lingo Times community!