Yesterday, President Trump announced sweeping new tariffs on imports from many of our trading partners. Thus, Trump’s tariffs spark global selloff in stock markets around the world and increase the risk of recession. How bad could it get? How long will it last? In the past few years, stocks have…
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The U.S. Department of Education took a key step on Thursday to initiate a process that could result in major changes to several federal student loan forgiveness and repayment programs. The department issued a formal notice of its intent to initiate negotiated rulemaking, a process under federal law that allows officials to update or change regulations governing various federal student loan programs. According to the notice, the department will focus specifically on Public Service Loan…
Silver price falls vertically below $32.00 after US President Trump announces reciprocal tariffs.A significant increase…
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Tesla just can’t seem to catch a break.The company’s stock has fallen amid a backlash against CEO Elon Musk, and its latest delivery report on Wednesday showed its car sales business is fundamentally in trouble.The company’s Q1 deliveries dropped 13% from the previous year to just 336,700, well short of…
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President Donald Trump’s tariff plans are moving forward by levying taxes on imported goods that economists warn will lead to price increases for consumers that could push inflation higher and complicate the Federal Reserve’s efforts to stabilize the pace of price growth. The two primary metrics for inflation – the consumer…
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Apple stock (NASDAQ:AAPL) fell over 6% in after-hours trading on Wednesday, after President Donald Trump announced a sweeping round of tariffs that would apply to over 100 countries. The iPhone – America’s most iconic gadget – is built almost entirely overseas, exposing Apple to significant cost escalation. The tariffs hit…
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President Donald Trump surprised global markets with his much-anticipated announcement of sweeping import tariffs. While most investors expected the White House to implement reciprocal tariff rates, the final plan resembled a worst-case scenario. The tariffs were significantly higher than anticipated, leaving investors worried about the implications. The executive order outlined…
