
Caitlin McCabe
Financial Markets Reporter at The Wall Street Journal
@WSJ reporter covering hedge funds in London. #IStandWithEvan Reach me: [email protected]
Articles
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2 days ago |
wsj.com | Jason Douglas |Caitlin McCabe
Washington and Beijing agreed to temporarily slash tariffs on each other’s products, a major de-escalation in a trade war that has been simmering for weeks. Here’s what you need to know about the deal. What has the U.S. agreed to do? The U.S. will lower tariffs of 145% on Chinese goods, imposed since President Trump took office, to 30%. Within that framework, Washington will cut its 125% “reciprocal” tariff on Chinese goods to 10%. A 20% tariff tied to the fentanyl crisis will remain.
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1 week ago |
finance.yahoo.com | Caitlin McCabe
↘️ Berkshire Hathaway (BRK.B), (BRK.A): The conglomerate's stock fell 5.1% after Warren Buffett said he plans to step down as chief executive at year-end. He will be succeeded by Greg Abel. 🔎After-Hours Earnings: Ford Motor (F) stock slipped about 2.
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1 week ago |
finance.yahoo.com | Caitlin McCabe
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Caitlin McCabe Mon, May 5, 2025, 6:46 AM 1 min read In This Article: Shares of U.S. studios and entertainment companies dropped Monday, after President Trump called for a 100% tariff on movies produced overseas. Warner Bros. Discovery stock recently stood 2.7% lower. The company is behind this year’s highest-grossing film, “A Minecraft Movie,” which was partly filmed in New Zealand and Canada.
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1 week ago |
finance.yahoo.com | Caitlin McCabe
The Taiwanese dollar jumped to a multiyear high Monday, extending a recent rally and prompting top officials to deny the U.S. is pushing for a revaluation as part of trade negotiations. At an emergency meeting Monday, the governor of the local central bank said the U.S. hadn't asked Taiwan to lift the value of its currency. President Lai Ching-te also discussed the issue in a video address.
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1 week ago |
wsj.com | Caitlin McCabe
The Taiwanese dollar jumped to a multiyear high Monday, extending a recent rally and prompting top officials to deny the U.S. is pushing for a revaluation as part of trade negotiations. The main Taiex stock index fell 1.2% Monday. Taiwan's economy relies heavily on exports of semiconductors and other electronics. Electronics shares dropped, as did some large financial stocks.
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