On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...
On Wednesday, U.S. stock markets opened lower, reflecting a mix of geopolitical and corporate concerns that weighed heavily on investor sentiment. One significant factor contributing to the market downturn was the escalating tensions between the U.S., Ukraine, and...
After a steep decline on Monday, U.S. stocks are making a slight recovery on Tuesday, as investors digest the latest developments in the ongoing geopolitical tensions between the United States and Russia. On Monday, the Dow Jones Industrial Average plummeted 400...
Steel stocks took a sharp hit as the White House prepares to block the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. President Joe Biden is expected to announce his decision to halt the acquisition soon, according to a report by The Washington Post....
In a notable shift for the currency markets, Britain's pound rose by 0.48% to $1.3160, reaching its highest level since April 2022. This recent uptick not only marks a significant milestone but also surpasses the previous 13-month high of $1.3144. The pound's ascent...
In a bold and contentious move, former President Donald Trump has proposed imposing higher tariffs on foreign goods, advocating for a sweeping 10% tariff on imports from around the globe and a hefty 60% duty on goods specifically from China. Trump argues that these...
Recent riots in the UK have exposed deep-seated racial tensions and the dangerous escalation of extremist violence, following a knife attack on young girls. What began as a reaction to a tragic incident has spiraled into a disturbing wave of attacks targeting various...
In today's interconnected global economy, localized conflicts can have ripple effects that extend far beyond the borders of the countries involved. This article aims to explore how geopolitical tensions in Israel, the Ukraine-Russia conflict, and the complex...
With Robert F. Kennedy Jr. poised to become the U.S. Secretary of Health under President-elect Donald Trump, food industry giants like The J.M. Smucker Company are carefully watching how his proposed policies on food regulation could impact their business. During his...
On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...
Nvidia reported stronger-than-expected earnings after the market closed on Wednesday, continuing to benefit from the ongoing artificial intelligence (AI) boom. The company posted impressive results for the quarter ending on October 27, with revenue of $35.08 billion,...