by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
by Lucas Shum | Feb 5, 2025 | Investing News, Market News, Stock Market, Technology
On Wednesday morning, Alphabet Inc. (GOOG) experienced an 8% drop in its stock price following the release of its fourth-quarter earnings report. Despite beating earnings per share (EPS) expectations and coming in roughly even on revenue, there were concerns over the...
by | Feb 3, 2025 | Domestic, Economics, Investing News, Market News, Stock Market
US markets took a significant hit on Monday following the announcement of new tariffs by the Trump administration, expected to take effect on Tuesday. The tech-heavy Nasdaq Composite (^IXIC) plummeted over 2%, marking a sharp downturn, while the broader S&P 500...
by Elvis Guaman | Jan 29, 2025 | Domestic, Economics
The Federal Reserve is widely expected to hold interest rates steady at its upcoming FOMC meeting, following a series of three consecutive rate cuts at the end of 2024. Central bank officials are signaling that the current policy stance is appropriate for now, as they...
by Sun Yulin | Nov 26, 2024 | Domestic, Economics, International Buzz, Politics
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...
