U.S. stocks experienced a significant decline on Tuesday following the implementation of the Trump administration’s anticipated tariffs. The Dow Jones Industrial Average fell by nearly 800 points, or […]
Technology
Posted on:
‘Music to our ears’: Qualcomm CEO welcomes TSMC’s $100 billion investment to boost U.S. chipmaking
Taiwan Semiconductor Manufacturing Co.’s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, highlighting the importance of […]
Uncategorized
Posted on:
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target plans to intensify its focus on its third-party marketplace, media network, and same-day delivery services to drive over $15 billion in revenue growth over the next five […]
Economy
Posted on:
US autos, homebuilders, materials take hits as Trump trade war kicks off
Shares of U.S. companies have faced pressure due to the latest escalation in Washington’s trade war. Newly imposed tariffs on Canada and Mexico are expected to impact earnings […]
Markets
Posted on:
Stock market today: Wall Street looks to extend Friday’s rally amid anxiety over Trump tariffs
Wall Street showed resilience as markets opened on Monday, rebounding from a challenging period that saw the S&P 500 decline in five of the previous six sessions due […]
Economy
Posted on:
Can the U.S. delete government spending from GDP?
Commerce Secretary Howard Lutnick suggested removing government spending from GDP reports to avoid potential economic downturn concerns. Economists largely dismissed the idea, calling it a “publicity stunt” and […]
Economy
Posted on:
Stocks Slump as Trump Tariffs Take Effect
Global stocks experienced a decline as trade-war fears intensified following the implementation of Trump’s tariffs. Investors expressed concerns over the potential economic impact, with U.S. stock futures falling […]
Markets
Posted on:
Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement
Bitcoin’s price failed to recover the $85,000 level after a sell-off driven by tariff concerns. The cryptocurrency was trading at $82,548.35, down more than 3% on Tuesday, according […]
Uncategorized
Posted on:
Threat of Rising Supply and Demand Destruction Puts Oil Prices Under Pressure
The intensifying trade war between China and the U.S., coupled with OPEC+ preparing to unwind its production cuts, is exerting significant downward pressure on oil prices. The U.S.-China […]
Markets
Posted on:
Stocks and Mexican Peso Slump as Trump Tariffs Take Effect
Global stock markets and shares in European carmakers tumbled on Tuesday as President Trump’s broad tariffs against Canada, Mexico and China came into effect. European stocks slumped as […]