1409 ET - News Corp has noticed a tangible increase in business confidence in the U.S. since November's election, CEO Robert Thomson says on a call with analysts. He attributes the improved sentiment to "the yoke of woke having been lifted." Thomas notes, though, that President Trump's tariff plans have shaken confidence some. This has in turn helped New Corp's business: "The uncertainty regarding the transactional tariffs is driving demand for Dow Jones Energy's insights and forecasting services as clients seek to understand the potential impact on global energy markets and investment opportunities," Thomson says. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 06, 2025 14:09 ET (19:09 GMT)
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