Economy

“Trump tariffs… threatens 200% tariff on European wine, champagne”

“…European Union: The EU has responded to those metals duties with counter-tariffs on $28 billion in US goods from April, bringing Trump’s trade war across the Atlantic. Trump has threatened targeted tariffs on the bloc of European countries, and he vowed to respond… Continue Reading…

Economy

“U.S. budget deficit surged in February, passing $1 trillion for year-to-date record”

“…Government spending eased slightly on a monthly basis though it still far outpaced revenue, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and… Continue Reading…

Economy

“Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better”

“Dollar General’s CEO said customers’ financial situations have worsened over the past year due to inflation. CEO Todd Vasos said the company doesn’t expect the macro environment to improve in 2025. Tariffs and potential changes to government entitlement programs present… Continue Reading…

Stocks

“Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort”

“Intel shares popped more than 13% after announcing Lip-Bu Tan as its new CEO. Wall Street cheered the chipmaker’s attempt to revitalize its business, calling the move a positive for the company. The news brings an end to a tumultuous… Continue Reading…

Personal Finance

“Is your money gone before it arrives? The sad reality of American paychecks”

“…A survey of 2,000 employed Americans making less than $75,000 annually shows what happens to the modern paycheck—where it goes, how fast it disappears, and how many people need to plan carefully just to make it through each month. The… Continue Reading…

Economy

“…Trump warns Canada will pay biggest price in HISTORY…” [Over Ontario Government’s Terrorist Threat To Cut US Energy.]

“PRESIDENT Donald Trump has threatened Canada with historic financial punishment for threatening to impose 25% tariffs on electricity in three US states… [Trump said] “They will pay a financial price for this so big that it will be read about… Continue Reading…

Stocks

“Tesla stock is still a sell after its 40% plunge, UBS warns”

“…Tesla shares are down 40% year to date and are the worst-performing component of the “Magnificent Seven” stocks — which also include Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Google (GOOG), Microsoft (MSFT), and Meta (META)…” https://finance.yahoo.com/news/apples-ai-strategy-is-showing-troubling-cracks-150559429.html Buy the dip. (with… Continue Reading…

Economy

LIES EXPOSED! Egg Prices And New Data

“Egg prices soar 59% year over year while other breakfast foods also outpace inflation According to key data from the Bureau of Labor Statistics, the cost of eggs rose 58.8% year over year in February. Prices are up 12.5% month over… Continue Reading…

Economy

“EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs”

“The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%… “As the U.S. are applying tariffs… Continue Reading…