Trade Policy Uncertainty Set to Resolve with New Tariffs in April, Says Hassett
In a recent interview with CNBC, Kevin Hassett, the Director of the United States National Economic Council, provided insights into the current state ...
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Business
Global economy, companies, markets, and financial trends.
Trump Hints at Possible Recession Amid Economic Transition and Market Volatility
In a striking interview on Fox News' 'Sunday Morning Futures,' President Donald Trump declined to dismiss the possibility of a recession later this ye...
Pro-Palestinian Cyberhacking Group Dark Storm Claims Responsibility for X Cyberattack
In a striking turn of events, the pro-Palestinian hacking group Dark Storm claimed responsibility for a major cyberattack on X (formerly Twitter) earl...
Tesla faces monumental challenges in 2025 as deliveries decline and margins compress
Tesla's downhill trajectory continues into 2025, with a notable 1% decline in vehicle deliveries last year. This downturn marks a critical moment for ...
Delta Air Lines Slashes Profit Estimates Amid Weakened Demand, Shares Plummet
Delta Air Lines made a significant adjustment to its first-quarter profit estimates, cutting them by half on Monday, a move that resulted in a steep 1...
Hudson’s Bay Company Seeks Creditor Protection Amid Financial Turmoil
Hudson’s Bay Company (HBC), the historic Canadian retailer with roots dating back to 1670, has filed for creditor protection, the Canadian equivalent ...
Luigi Zingales Calls for Boycott of Washington Post's Opinion Section Amidst Editorial Changes
Luigi Zingales, a prominent professor at the University of Chicago Booth School of Business, has issued a call to action for guest contributors of the...
Trump says he paused some tariffs to ‘help’ Mexico and Canada to a ‘certain extent’.
In a significant move, President Donald Trump acknowledged during a recent joint address to Congress that he had temporarily paused certain tariffs ai...
U.S. Stock Market Faces Turbulence Amid Trump Administration's Economic Policies
On March 9, 2025, the U.S. stock market witnessed a significant sell-off, with major indexes like the S&P 500 and Dow Jones Industrial Average recordi...
New Year's Eve Store Hours: Prepare for Festivities with Flexibility
As 2024 comes to a close, residents across the U.S. are gearing up for New Year's Eve celebrations, which may require a final shopping run. While seve...
Stocks Slightly Higher as 2024 Nears End Amid Enthusiasm for AI and Economic Growth
As the year draws to a close, stocks have experienced slight gains, with the S&P 500 rising by 0.3% and the Nasdaq Composite up by 0.2%. This marks th...
President seeks to allay fears that world’s second-largest economy will falter in 2025 because of high US tariffs
In a recent address, the President aimed to reassure both domestic and international stakeholders about the stability of China’s economy, the world's ...
BTIG Explores Potential End of GSE Conservatorships as Trump Returns to Office
In recent analysis, BTIG emphasized the significance of Fannie Mae (FNMA) and Freddie Mac (FMCC) to the housing market, highlighting that discussions ...
Stocks moved lower Monday in one of the final trading sessions of 2024, as a banner year for investors appears to be ending on a sour note.
In a turbulent trading day indicative of investor concern, the major stock indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Co...
U.S. Trade Deficit Narrows Amid Rising Exports and Falling Imports
The latest report shows that the U.S. trade deficit narrowed significantly in the previous month, driven by a notable increase in exports coupled with...