Tariff

Trump’s tariffs could quickly cut North American auto production by a third
Business

Trump’s tariffs could quickly cut North American auto production by a third

Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — Roughly a third of vehicle production in North America could be cut by next week as a […]

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Trump’s tariffs showcase his extraordinary presidential power — and its limitations
Politics

Trump’s tariffs showcase his extraordinary presidential power — and its limitations

U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025.  Nathan Howard | Reuters U.S. importers and their customers are about to experience the full force of President Donald Trump’s unprecedented use of […]

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Airline stocks tumble amid economic concerns
Business

Airline stocks tumble amid economic concerns

United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024.  Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon NYSE Arca Airline Index versus the S&P 500 Airlines, especially full-service carriers with big international networks, had been a bright spot thanks to strong demand […]

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Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty
Technology

Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]

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Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs
Business

Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs

Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about […]

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Here’s why Trump tariffs may raise your car insurance premiums
Finance

Here’s why Trump tariffs may raise your car insurance premiums

Key Points Annual car insurance premiums would rise by 8% in 2025 if tariffs on Canada and Mexico take effect, according to Insurify. They would rise by 5% without such duties, it said. Trump proposed a 25% tariff on imports from Canada and Mexico, which may start in March. Tariffs are expected to raise costs […]

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This ETF provider thinks it’s time to rethink investing in China
Finance

This ETF provider thinks it’s time to rethink investing in China

ETF Edge This ETF provider thinks it’s time to rethink investing in China Published Sat, Feb 22 202511:00 AM EST Krysta Escobar WATCH LIVE Source

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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Finance

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source

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Hasbro says it’s taking steps to offset China tariff impact
Business

Hasbro says it’s taking steps to offset China tariff impact

The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S. Andrew Kelly | Reuters Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential impact of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro […]

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