The Most Intriguing Market Move Since Tariff Day
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
It's been much remarked that just over a month on from 'Liberation Day' — April 2nd this year — when US president Donald Trump presented his big tariff list to the world, US equities are barely moved. That is, admittedly, after a rather dramatic round trip.
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Newark Runway to Reopen Early After Construction Slowed Trips
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California lawmaker won't be charged after citation for suspicion of impaired driving
SACRAMENTO, Calif. — A California state lawmaker who was cited by police on suspicion of driving under the influence did not have drugs or alcohol in her system and will not face any charges, the Sacramento district attorney said Friday. State Sen. Sebrina Cervantes was cited by Sacramento police earlier this month for impaired driving. She was involved in a vehicle crash and was taken by a private party to a hospital for minor injuries where officers observed 'objective signs of intoxication,' a police spokesperson said previously. The lawmaker also declined to perform sobriety tests, police said.
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Many international students hope to launch careers in the US. Their pathways may dim under Trump
WASHINGTON — Since coming from China as a teenager for boarding school, Bob Zeng has imagined building a career in the United States. But as he prepared to graduate Thursday from the Massachusetts Institute of Technology, it felt like the last chapter of his life in America. Zeng said he has been rethinking his plans because of the Trump administration's pledge to aggressively revoke the visas of Chinese students. Having completed a masters degree in science and management, he is thinking about moving to Europe. Or going home to China.
