U.S. President Donald Trump is poised to unveil his broadest tariff initiative yet, with the measures expected to take effect on April 2, a day he has termed “Liberation Day.” The plan, designed to counteract what is seen as unfair trade practices by imposing reciprocal tariffs on specific nations, has stirred market uncertainty as officials hint at targeting key trading partners responsible for significant trade imbalances.
The Trump family has significantly increased its control over World Liberty Financial, a decentralized finance platform still under development, by establishing a new parent company that gives them majority ownership and control over the platform's development and governance. This move raises concerns about potential influence or corruption, as the Trump family now holds substantial control over both the platform and its financial outcomes.
PVH Corp reported strong fourth-quarter earnings, with a notable beat in both EPS and revenue compared to analyst estimates. The company also provided guidance for the upcoming quarters and fiscal year 2025, highlighting the robust performance of its flagship brands, Calvin Klein and Tommy Hilfiger.
Several major cannabis companies, including Gold Flora, 4Front Ventures, and TILT Holdings, have defaulted on key real estate leases held by a cannabis-focused REIT due to worsening financial pressures. The defaults underscore a broader liquidity crisis in the industry, as companies grapple with high leverage, limited capital, and escalating operating costs.
m-FINANCE Limited has partnered with CBCX Markets to provide brokers with faster execution speeds, tighter spreads, and deeper liquidity for their trading activities. The collaboration aims to offer improved market access and efficiency by connecting brokers to top-tier liquidity sources, ultimately reducing slippage and trading costs.