Plus: Trump calls for a 100% tariff on movies made overseas. And oil tumbles after OPEC+ agrees on another large supply hike. Luke Vargas hosts.
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2:39
U.S. Stocks Extended Their Multiday Climb
Signs of thawing trade relations between the Trump administration and China helped boost stocks. But the trade war continues to cause nervousness. Apple shares fell after it said it expects to add $900 million in tariff costs next quarter. And Block shares drop as consumers cut back on non-essential spending. Danny Lewis hosts.
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2:41
U.S. Economy Adds 177,000 Jobs in April Despite Tariff Uncertainty
Plus: President Trump threatens to revoke Harvard University’s tax exemption. And Goldman Sachs changes some of the language around its diversity programs, removing references to race. Pierre Bienaimé hosts.
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2:36
Trump to Propose Slashing Billions in Federal Spending
Plus: Europe looks to resolve its trade dispute with the U.S. by buying $56 billion worth of U.S. goods. And China considers starting talks with the U.S. to halt the trade war, but only if Washington cancels tariffs against Beijing. Luke Vargas hosts.
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3:19
Amazon Posts Strong Quarterly Earnings
Nasdaq leads indexes higher. Plus: Apple sales surge on iPhone demand ahead of tariff uncertainty. And Microsoft, Meta, and other tech stocks rise. Zoe Kuhlkin hosts.
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