The Atlanta Braves faced a $19 million tax burden as new fiscal rules squeezed margins for publicly traded teams.
Traders drove volumes higher as President Trump's renewed tariff talks stirred mixed market reactions.
Heading into this week, futures are down, largely due to uncertainty and concerns around Tariffs. With nobody really knowing where Tariffs will go and when, the uncertainty and inability to accurately forecast or plan is part of the concern for many.
Will the “Tariff War” be over by 2028? Despite uncertainty, many economists think the answer is that Tariffs will land somewhere in the middle – higher than they were before Trump’s 2nd term began (especially with China), but lower than they are now.
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🧠 Make yourself heard
Check out your Crystal Ball. What’s going to happen with the “Tariff War” between now and 2028?
Capital One's merger with Discover Financial cleared regulatory hurdles, moving the $35 billion deal closer to completion.
Volvo cut up to 800 jobs across three US locations, citing market uncertainty and tariff impacts.
A federal judge blocked the CFPB from laying off 90% of its staff.
DHL suspended global shipments over $800 to US consumers due to new customs rules.
Buick's revival hit headwinds as tariffs threatened price hikes on top-selling models from South Korea and China.
Google announced plans to appeal parts of the court decision finding it liable for monopolizing publisher ad servers and exchanges.
📊 Crypto
BlackRock boosted its Bitcoin holdings in the iShares Bitcoin Trust, reinforcing institutional demand.
A federal court paused 18 states’ lawsuit against the SEC as new leadership signaled a softer crypto stance.
Canary Capital filed for the first TRX ETF with staking, pushing crypto ETFs beyond Bitcoin.
📊 Ideas, trends, and analysis
Consumer inflation expectations surged to 6.7%, the highest since 1981, as businesses plan to pass along President Trump's tariff costs to customers.
🌍 Global Perspectives
🇷🇺🇺🇦 Russia and Ukraine accused each other of violating President Putin's Easter ceasefire within 24 hours.
🇺🇸🇻🇪 The Supreme Court temporarily blocked the deportation of Venezuelan migrants under a 1798 wartime law.
🇮🇱 An Israeli military probe found “professional failures” in the killing of 15 medics in Gaza, dismissing a deputy commander.
🇮🇷🇺🇸 Iran and the United States agreed to expert-level nuclear talks in Oman, signaling a potential diplomatic breakthrough.
🎤 What you said last time
“Unreliable negotiator at the helm with Trump, maybe they do get something done, but I doubt it helps the average American anywhere near as much as the money spent on school lunches or affordable housing. Time will tell, but this whole process has stank to high heaven.”
🧠 Miscellanea
Astronomers spotted the first lone black hole drifting through our galaxy, weighing 7 times the mass of the Sun.
The USDA warned of wood contamination in frozen soups across four states.
Scientists discovered hardy lichens could survive on Mars, enduring radiation and extreme temperatures.
A Russian Soyuz spacecraft successfully returned NASA astronauts to Earth after their mission.
📺 What to watch today
Several soup products recalled due to possible contamination
That’s all for today. Did I miss anything? Smash the reply button to let me know.