Month: February 2025
Look to these steady income-producing investments if 2025 is a volatile market year
With 2025 already off to a volatile start, investors may want to look for steady investments that can earn solid income. On Monday, markets were rocked after President Donald Trump over the weekend slapped 25% tariffs on goods from Canada and Mexico, and a 10% duty on imports from China, effective Tuesday. After initially tanking […]
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Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool […]
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Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares slid about 5% on Monday after President Donald Trump announced plans for extensive tariffs on […]
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Charts indicate further downside is ahead for Tesla, auto stocks just as tariff threat emerges
Auto stocks faced a steep sell-off at Monday’s open following the implementation of new tariff policies. Electric and autonomous vehicle companies were hit particularly hard. This newfound struggle for auto stocks could contribute to a broader, long-term trend of underperformance for the industry group, with technical headwinds expected to persist. The Global X Autonomous and […]
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New tariffs could raise home prices and sideline potential buyers
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices. Now tariffs on building materials are adding even more pressure. Roughly 30% of softwood lumber consumed in the U.S. is imported, largely from Canada. Wallboard, known as […]
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Stocks making the biggest moves midday: General Motors, Tyson Foods, Triumph and more
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for one month. Initially, stocks dropped on tariffs announced over the weekend against key trading partners, with a 25% tax on […]
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Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
Shana Novak | Stone | Getty Images President Donald Trump’s steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise healthcare costs for patients and threaten cash-strapped generic drugmakers, some drug trade groups warn. Trump on Saturday announced he would impose a 25% tariff on nearly all goods shipped […]
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If Canada, Mexico & China retaliate, these big U.S. exporters could be hurt the most
Retaliatory tariffs from the U.S.’s major trading partners may be set to hurt some stocks more than others. Stocks briefly reeled Monday from the threat of President Donald Trump’s newly imposed tariffs. On Saturday, Trump levied a 25% tariff on goods imported from Canada and Mexico, 10% on Canadian oil and 10% on Chinese imports. […]
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Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend. […]
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Paul Tudor Jones says markets are on shakier ground than Trump’s first term, leaving no room for error
Billionaire hedge fund manager Paul Tudor Jones believes the financial markets are far less stable entering President Donald Trump’s second term than they were back in 2017. “There’s so many moving parts, and there’s so many things that are cross currents. The one thing that I would say is this is a completely, totally different […]
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