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Mr. Goolsby, the Fed, said hard data on the US economy remained fairly solid. The underlying strength of the economy remained if it could weather this period of uncertainty. The performance of soft data and hard data was very different, and confidence almost collapsed.

Market news: Meta plans to launch its first glasses with a screen as early as the end of this year, priced at over $1,000.

Before Trump announced the tariffs, the National Retail Leaders Association asked the administration to change its focus. The group said it strongly urged Trump to double down on the policies of his first term, such as the Tax Cuts and Jobs Act and the United States-Mexico-Canada Agreement (USMCA), which will reduce costs while delivering growth, while urging Trump to abandon policies that create uncertainty for American businesses and households. Michael Hanson, who leads the group's public aff...

CNBC reporters said on social media that U.S. Treasury Secretary Besson told lawmakers that the tariffs announced on Wednesday were a "cap" and that the tariffs announced tomorrow were the highest level, and then countries could take steps to reduce them.

White House: The White House plans to hold a meeting tomorrow in the Oval Office on TikTok. Trump is expected to meet with senior cabinet officials and the vice president to discuss TikTok potential investors.

According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 91.8%, and the probability of a 25 basis point cut is 8.2%. The probability that the Fed will keep interest rates unchanged in June is 21.2%, the probability of a cumulative 25 basis point cut is 72.5%, and the probability of a cumulative 50 basis point cut is 6.3%.

"Bitcoin is one of the greatest stores of value, extremely liquid and a great hedge for real estate," said Eric Trump, Mr. Trump's second son.

Although Strategy (MSTR) 's massive purchase of Bitcoin (BTC) has caused its share price to soar by more than 2,500% over the past five years, Wall Street analysts believe that the situation could soon reverse. Investment bank Monness Crespi downgraded MSTR's rating to sell, arguing that its share price has room to fall further. Monness Crespi analyst Gus Gala believes that it will become increasingly difficult for MSTR to raise funds to buy bitcoin by issuing shares, forcing the company to turn...

The dollar index, which measures the greenback against major currencies, rose 0.04 percent to close at 104.260 in late foreign exchange trading.

The offshore renminbi (CNH) was trading at 7.2808 yuan against the US dollar at 04:59 Beijing time, 149 points lower than the end of trading in New York on Monday, and the overall trading was in the 7.2633-7.2840 yuan range during the day.

GameStop (ticker: GME), the US video game retailer that may be about to or has already begun allocating bitcoin assets, issued a $1.30 billion five-year convertible note that was fully subscribed, including greenshoes, raising a total of $1.50 billion and net income after fees of $1.48 billion, according to a regulatory filing after the US market closed on Monday. When GameStop announced its fourth-quarter earnings, the board of directors, led by CEO Ryan Cohen, passed a resolution to update the...

According to the Wall Street Journal, the Office of the United States Trade Representative (USTR) is preparing a new tariff option for Trump, namely to impose sweeping tariffs on some countries, and the tax rate may not be as high as the general tariff of 20%.