


Trump’s sweeping tariffs take effect
Investors reel as new levies on the EU, China and other major trading partners come into force

ESG fund outflows hit record as sustainable investing backlash grows
European investors pull money from sector for first time in sign that US scepticism of ‘woke capitalism’ is spreading

U.S. payroll growth totals 177,000 in April, topping expectations
Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.


Consumer spending is up big in early April as people buy in anticipation of tariffs
Spending in April through the first 15 days climbed about 3.8% from the same period a year ago, JPMorgan found.