Marco Sorenson, Author at Newsweek NY

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US and EU Struggle to Bridge Trade Divide in Paris

European and U.S. trade negotiators gathered in Paris this week to address their ongoing tariff disputes but failed to achieve...

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CEO Pay Up Nearly 10% in 2024, Driven by Stocks

CEO compensation for S&P 500 companies experienced a 10% increase in 2024 because of rising stock values and strong corporate...

Ford Sees 16% U.S. Sales Rise in May

The U.S. auto sales of Ford Motor Co. increased by 16% in May because pickup trucks and crossover SUVs experienced...

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U.S. Stocks Drift as Oil Prices Jump, Factories Falter

The U.S. stock market declined slightly during Monday trading because rising oil prices combined with manufacturing sector weakness affected investor...

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China: U.S. Tech Moves Violate Tariff Truce

The Chinese Commerce Ministry issued a statement on Monday to condemn serious violations of the recent tariffs agreement between China...

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Investors Eye Broader Market Gains Beyond Tech Leaders

The second half of the year may see better performance from a wider range of U.S. equities according to investors...

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CEO Pay Surged Nearly 10% in 2024 as Profits, Stocks Jumped

The median compensation for S&P 500 company CEOs increased by 10% during 2024 because stock markets expanded and corporate profits...

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Trump Administration Cancels $700 Million Moderna Bird Flu Vaccine Deal

During the Trump administration $700 million worth of Moderna funding agreements were terminated for developing and purchasing bird flu vaccine...

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Kohl’s Reaffirms Forecast Despite CEO Exit, Tariff Headwinds

Kohl's Corp. The company maintained its annual projection and delivered a smaller-than-forecast loss during its first quarter because it demonstrates...