To The Moon

President Donald Trump said he plans to be “very nice” to China in any trade talks, his most positive comments yet since the trade war heated up.“We’re going to be very nice and they’re going to be very nice, and we’ll see what happens,” Trump said Tuesday in Washington, adding that “ultimately they have to make a deal because otherwise they’re not going to be able to deal in the US.”He added that he didn’t see the need to say he’d “play hardball” with Chinese leader Xi Jinping.Beijing indicated

OTTAWA, April 16 (Reuters) - The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impos

President Donald Trump is likely to defer tariffs on Canada and Mexico for all goods and services covered by the North American trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.Trump will decide Thursday on the scope of a one-month exemption on 25% tariffs imposed this month on the US’s two largest trading partners, Lutnick said in an interview with CNBC. “I think it’s likely it will cover all USMCA-compliant goods and services,” he said.Lutnick said he and Trump would be s

Intel was downgraded to S&P's BBB rating from BBB+ over a slow industry recovery and higher-than-expected manufacturing costs that are expected to last through 2025, the rating agency said Tuesday.Intel's discretionary cash flow, or DCF, is expected to improve amid the chipmaker's cost-cutting efforts, but its DCF-to-debt ratio is seen to approach 10% by the end of 2026, "a level we view to be appropriate at its current rating," S&P said.S&P also pointed that the departure of Intel Chief Executive Pat Gelsinger brings uncertainty to the execution of the company's turnaround plan, especially amid fierce competition in the chip industry.Intel would need a consistent strategy under a new CEO, launch products on schedule and reach cost-cutting targets to improve its credit metrics over the next two years, S&P said.