Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American …
Europe stocks close slightly lower European stocks ended Monday’s session narrowly in the red, with the regional Stoxx 600 down 0.13%. The index closed 0.56% higher last week after two weeks of losses, but is currently on course for its first monthly decline of the year. The Stoxx 600 has …
After his election, Donald Trump told NBC News that “we’re not touching Social Security,” other than to make it more efficient. But Elon Musk, who now wields enormous power in his role cutting government spending, has recently made comments critical of the program that are coming into conflict with Trump’s promise and …
We know many of the shoppers who frequent TJX Companies ‘ off-price chains love treasure hunting. What entices them to keep coming back for all those discounted designer clothes and trendy home furnishings, however, is something less talked about and works even in tough economic times. According to UBS analyst …
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker giant contends with new tariffs, sliding consumer confidence and a slower than expected turnaround. In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline …
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters After news broke on the last day of January that Meta might follow Elon Musk’s lead in exiting Delaware to incorporate in another state, Democratic Gov. Matt Meyer sprung into action. Delaware …
The Wiz logo on a smartphone arranged in New York, US, on Tuesday, July 16, 2024. Gabby Jones | Bloomberg | Getty Images Seven months ago, Alphabet lost a marquee case against the Biden administration’s Justice Department, which accused the company of maintaining an illegal monopoly in search. Weeks earlier, …
Two years ago this month, we saw the ascendance of what would ultimately become the “Magnificent Seven.” I recall the moment well. I was down in Florida, trying to get a few days of sun with my wife, Lisa, and next thing I know I found myself buying makeup at Target …
Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla CEO Elon Musk turned …
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Association Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, however, he has to navigate a tariff minefield at a time when the sector is already facing …
