Tariffs will likely raise much less money than White House projects, economists say

Key Points

White House trade adviser Peter Navarro estimated the U.S. would raise about $600 billion to $700 billion a year from tariffs.
Economists say the true number will probably be less than half of that sum. Much depends on the actual policies, though.
President Donald Trump is preparing to unveil more tariffs against trade partners on Wednesday.

Source

Finance

Stocks making the biggest moves premarket: Apple, Chevron, KLA, Sandisk & more

January 30, 2026

Check out the companies making the biggest moves premarket: Apple — Shares fell 0.6% even after after the company posted blowout fiscal first-quarter results , with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed […]

Finance

World leaders descend on Beijing as 2026 kicks off, hedging against U.S. disruptions

January 30, 2026

Key Points At least five world leaders have visited Beijing in January alone. The high-level visits come as countries navigate tense U.S. relations. Business executives are also using the opportunity for China deals. Source

Finance

Stocks making the biggest moves after hours: Apple, Robinhood, Visa, Sandisk and more

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Check out the companies making headlines in after-hours trading. Apple — Shares rose less than 1% after the company posted blowout fiscal first-quarter results, with notably strong revenue from its iPhone 17 models released in September. Apple earned $2.84 per share for the quarter, higher than the $2.67 per share expected by analysts surveyed by […]