tariffs - Page 7

9 months ago

U.S. Stocks Rally After Fed Rate Cut Amid Post-Election Gains

U.S. stocks continued their post-election surge Thursday, buoyed by the Federal Reserve’s decision to cut interest rates. All three major indexes touched record highs during the session, building on momentum seen earlier

Companies Signal Price Hikes if Trump’s Tariff Plans Go Into Effect – Concerns Over Inflation and Consumer Costs

Finance

8 months ago

Companies Signal Price Hikes if Trump’s Tariff Plans Go Into Effect – Concerns Over Inflation and Consumer Costs

With President-elect Donald Trump’s proposed tariff plans looming, corporate America is beginning to sound alarms over potential price hikes. The president-elect’s campaign included proposals for sweeping tariffs, including a 60% levy on

Larry Summers Warns of Inflation Risks – Trump’s Economic Plans Could Trigger New Price Surge

Finance

8 months ago

Larry Summers Warns of Inflation Risks – Trump’s Economic Plans Could Trigger New Price Surge

As President-elect Donald Trump prepares to assume office, economist and former Treasury Secretary Larry Summers is urging caution over the potential inflationary impacts of his proposed economic policies. Speaking to CNN’s Kate

U.S. Auto Industry Faces $12,000 Price Impact from Tariffs

Tariff Impacts on U.S. and Imported Vehicles A Michigan-based economic consulting group, Anderson Economic Group, reported Thursday that U.S. automakers will continue to face significant price impacts despite the softened auto parts

3 months ago

Economy

Trump’s Economic Struggles: Golden Age vs. Rising Costs

From “Golden Age” to Warning on Rising Costs In a matter of hours, President Donald Trump shifted from hailing America’s new “golden age” to warning parents that their children might face fewer

3 months ago

Economy

McDonald’s Strategy Shows Signs of Recovery in Q2

McDonald’s Faces Early Struggles Amid Economic Concerns McDonald’s experienced a challenging first quarter, with same-store sales showing a decline in the U.S. due to a weak start to the year and broader

3 months ago

Business

Microsoft Posts Strong Quarterly Results, Shares Jump

Microsoft shares surged over 6% in after-hours trading on Wednesday following the company’s better-than-expected quarterly results, which highlighted significant growth across key segments. Quarterly Financial Performance Here’s a breakdown of Microsoft’s performance

3 months ago

Investing

April Consumer Confidence Plummets Amid Tariff Concerns

Consumer attitudes towards both the present and future took a significant downturn in April, as escalating tariffs dented sentiment and employment confidence hit levels reminiscent of the global financial crisis. Consumer Confidence

3 months ago

Economy

U.S. Economy Could Face Recession Due to “Liberation Day” Tariffs

According to Apollo chief economist Torsten Slok, if President Donald Trump were aiming to engineer a recession by summer, one of the most effective methods would be to announce sweeping “Liberation Day”

3 months ago

Economy

HSBC Reduces Stake in BOCOM, Facing $1.6 Billion Loss

HSBC announced on Tuesday that it would reduce its stake in Bank of Communications (BOCOM) to about 16%, down from 19.03%. This change follows BOCOM’s fundraising through a private placement of shares,

3 months ago

Business

The Economic Impact of Tariffs and the Likely Recession

The economic consequences of tariffs imposed by the Trump administration are expected to become apparent to everyday Americans soon, with a potential recession on the horizon for this summer, according to Apollo

3 months ago

Economy

Canadian Retail Sales Drop in February

Canadian retail sales experienced a 0.4% decline in February compared to January, totaling C$69.33 billion ($49.95 billion), according to Statistics Canada. The decrease was largely driven by lower sales at motor vehicle

3 months ago

Economy

US Consumer Sentiment Dips Amid Ongoing Tariff Uncertainty

US consumer sentiment in April has dropped to its fourth-lowest level since records began in 1952, reflecting mounting concerns over rising inflation and trade policy uncertainty. According to the latest survey from

3 months ago

Economy