Tariffs: Q1 Impacts and Q2 Negotiations

Published on May 6, 2025

A look back at the impacts of tariff announcements last quarter, and what we might expect from tariff negotiations during the 90-day implementation delay in Q2.

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Microsoft Is Key Holdout for OpenAI Restructuring Plan

May 6, 2025
After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company, but its restructuring plans still have not received the blessing of a major stakeholder: Microsoft Corp.

The Stock Market’s Fear Gauge Is Misunderstood

May 6, 2025
I confess that when the VIX, the Cboe Volatility Index, spikes, I brace for stock market declines. Judging by investors’ anxious reaction to the VIX’s surge following President Donald Trump’s big tariff announcement last month, I’m far from alone.