President Trump takes aim at Democrats' main funding platform,
plus big tech companies hold their breath ahead of a tariff-induced advertising slowdown.
And as the U.S. bets that fossil fuels will provide growth and security,
Europe shores up its sustainable energy sources.
The United States is blessed with abundant energy resources.
We are the top oil gas, and nuclear producer in the world.
We need to reduce our dependence on fossil fuels,
and we need to reduce our dependence on clean technologies from abroad.
It's Friday, April 25th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
President Trump's trade policies are beginning to cast a shadow over the current earnings season,
leading the CEOs of American Airlines,
PepsiCo,
and many others to warn that constantly changing tariffs are spooking consumers and making business planning virtually impossible.
More updates are due today from the likes of Colgate-Palmolive and HCA Healthcare,
but Journal of Finance editor Alex Frangos told us we've heard enough results already to see a trend among top execs.
They're basically saying they don't know what to do.
We don't know what the tariffs really are going to be.
So it's very difficult to plan.