Story perspectives

Trump's Trade Deal, Disney Growth, Skechers Goes Private

5/11/2025

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Summary

Story summary

President Trump secured a trade deal with the UK, keeping a 10% tariff on UK goods while lowering UK tariffs to 1.8%.
The Federal Reserve maintained steady interest rates, citing heightened risks of inflation and unemployment.
Disney's revenue increased by 7% to $23.6 billion, driven by successful films and higher park revenues.
Moderna's shares dropped 13% following the FDA's appointment of a vaccine critic as director of its biologics unit.
Skechers will go private for $9.4 billion, resulting in a 27.5% rise in shares.

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Story summary

President Trump secured a trade deal with the UK, keeping a 10% tariff on UK goods while lowering UK tariffs to 1.8%.
The Federal Reserve maintained steady interest rates, citing heightened risks of inflation and unemployment.
Disney's revenue increased by 7% to $23.6 billion, driven by successful films and higher park revenues.
Moderna's shares dropped 13% following the FDA's appointment of a vaccine critic as director of its biologics unit.
Skechers will go private for $9.4 billion, resulting in a 27.5% rise in shares.