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Trump's tariff deadline might be moving to August
Officials suggested that postponing the tariff implementation beyond the original July 9 date could help stabilize economic conditions and prevent sudden negative impacts on financ...
Read Full Article →Trump's trade deadline and Delta earnings: What to watch in the stock market this week
Investors should monitor upcoming political events and corporate earnings, including trade negotiations and airline financial reports, as these factors could influence market trend...
Read Full Article →Republicans are about to tax the money migrants send home. It could backfire
The proposed tax on remittances in the Republican bill aims to deter immigration but may inadvertently lead to higher costs for migrant workers and potential increases in unauthori...
Read Full Article →GOP megabill passes the House and heads to Trump's desk
The approval of the extensive GOP funding measure in the House highlights widespread party alignment and is expected to impact government programs and spending priorities significa...
Read Full Article →Amazon customers are still shopping through tariffs — but getting cautious
Despite ongoing tariffs, most Amazon buyers continue making purchases, though increasing price awareness is prompting more careful spending decisions according to recent survey res...
Read Full Article →OpenAI wants nothing to do with Robinhood tokens
OpenAI has expressed concerns regarding Robinhood’s initiative to tokenize private equity, highlighting potential implications for the company’s involvement in emerging financial t...
Read Full Article →The U.S. drops some export restrictions on China in a sign of easing trade tensions
The easing of export limitations on certain technologies and materials to China may impact market dynamics and investment decisions by potentially increasing trade flow between the...
Read Full Article →Trump says Fed Chair Jerome Powell should 'resign immediately'
The president’s public criticism of the Federal Reserve chair comes amid economic data suggesting less urgency for lowering interest rates, potentially influencing financial market...
Read Full Article →Meta’s AI teams are caught between competing visions
The differing perspectives between Meta’s leadership and AI researchers influence crucial decisions that could impact the company’s investment priorities and future returns in arti...
Read Full Article →Americans can expect higher electric costs if Trump's big bill passes Congress, experts say
If the proposed legislation with substantial reductions in clean energy funding becomes law, analysts indicate that electricity prices in the United States are likely to increase s...
Read Full Article →WHO calls for steep taxes on alcohol and sugary drinks globally by 2035
Implementing substantial global taxes on alcoholic beverages, tobacco products, and sugary drinks could generate up to $1 trillion in revenue by the year 2035, according to health...
Read Full Article →Crypto-focused bank backed by tech billionaires including Peter Thiel files for charter: report
A recently proposed U.S. bank supported by prominent technology investors aims to serve the cryptocurrency sector, potentially impacting financial services and digital asset market...
Read Full Article →Trump casts doubt on 'spoiled' Japan getting a trade deal
The potential reintroduction of tariffs could impact financial markets as uncertainty grows over the prospects of reaching a new trade agreement with Japan amid ongoing concerns ab...
Read Full Article →Rivian stock falls on tariff hits and tax credit rollback fears
Rivian's recent decline in stock value reflects concerns over increased expenses and reduced incentives, which have contributed to a slowdown in its manufacturing output amidst ind...
Read Full Article →Japan is calling Trump's trade bluff
Meeting the required number of new trade agreements within a limited timeframe is crucial for the administration's economic strategy and could significantly impact international ma...
Read Full Article →The private sector lost a brutal number of jobs last month
In June, private payroll figures significantly underperformed forecasts, reflecting the largest monthly job decline experienced in over two years and indicating potential challenge...
Read Full Article →Mortgage refinancing heats up as rates slide again
The recent decline in long-term loan costs has encouraged many property owners to adjust their existing agreements, potentially reducing monthly payments and overall interest expen...
Read Full Article →Microsoft to lay off 9,000 workers in second major wave of cuts this year
Despite experiencing strong revenue growth, the company is reducing its workforce by approximately 15,000 employees this year, reflecting a significant adjustment in operational ex...
Read Full Article →The VC funding gender gap is getting worse
Despite progress in corporate leadership roles for women, investment in startups led by female entrepreneurs remains disproportionately low, highlighting ongoing challenges within...
Read Full Article →American kids of undocumented immigrants could get $1,000 'Trump Accounts' under late changes to GOP...
The proposed legislation includes a provision that would allocate $1,000 payments to children of undocumented immigrants, highlighting a notable and unexpected financial benefit wi...
Read Full Article →Online shopping saw its biggest drop in over a decade as tariffs spook consumers, survey says
Recent survey data from AlixPartners indicates that import taxes are influencing U.S. consumers to alter their online purchasing habits, resulting in a significant decrease in e-co...
Read Full Article →Jerome Powell confirms the Fed would have already cut interest rates if if weren't for Trump's tarif...
Jerome Powell indicated that despite a strong economy delaying rate reductions, ongoing trade tensions and tariffs influenced the Federal Reserve’s cautious approach to adjusting m...
Read Full Article →Tesla stock sinks 6% as Trump says he'll 'take a look' at deporting Elon Musk
Tesla shares declined notably following the CEO's public disagreement with a prominent political figure, prompting concerns among investors about potential repercussions on the com...
Read Full Article →The dollar just had its worst start to the year in half a century
The sharp decline in the currency’s value during the opening months signals increased economic challenges, potentially affecting international trade balances, investment decisions,...
Read Full Article →How July 4th travel prices this year compare to 2024
Travel expenses for Independence Day this year show notable trends compared to the previous year, reflecting changes in consumer spending habits and overall demand during the holid...
Read Full Article →Renewable energy stocks slide as Senate eyes tax-credit rollbacks
Potential changes to tax incentives are causing a decline in the value of companies focused on sustainable energy, reflecting market concerns about future profitability and policy...
Read Full Article →Tesla’s core business is in reverse. Its stock is driving autonomously
Despite challenges in its traditional vehicle sales, Tesla's market value is increasingly influenced by investor optimism surrounding advancements in autonomous driving technology...
Read Full Article →Amazon prices are rising faster than inflation as tariffs kick in
The implementation of tariffs has contributed to an increase in the cost of certain products on Amazon, outpacing general inflation and impacting consumer spending patterns.
Read Full Article →Trump sent Fed Chair Jerome Powell a hand-written note attacking him over interest rates
The correspondence highlights ongoing tensions that could influence market confidence and affect monetary policy decisions impacting borrowing costs and overall economic stability.
Read Full Article →Bitcoin nears $110,000 again. Can the crypto rally last?
Bitcoin's rising value approaching a six-figure mark underscores growing investor interest and highlights potential shifts in market dynamics within the cryptocurrency sector.
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