March 11, 2025
“President Donald Trump said he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%. Trump said he was imposing the latest tariffs in response to a… Continue Reading…
March 10, 2025
“China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing 25 U.S. firms under export and investment restrictions…” https://finance.yahoo.com/news/china-impose-extra-tariffs-10-051302666.html Is the word “reciprocal” a… Continue Reading…
March 10, 2025
“Last week, it was announced that President Donald Trump’s new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt… Continue Reading…
February 24, 2025
“European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion). The offer valued Just Eat’s shares at 20.3 euros each, representing a premium of 63%… Continue Reading…
February 12, 2025
“General Motors believes it can mitigate up to 50% of potential North American tariffs threatened by President Donald Trump on imports from Canada and Mexico, CEO Mary Barra said Tuesday. That includes GM potentially avoiding short-term impacts of between 30%… Continue Reading…
February 10, 2025
“U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel and aluminum. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. “At… Continue Reading…
February 7, 2025
“…Nonfarm payrolls rose by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment rate nudged lower to 4%…” https://www.cnbc.com/2025/02/07/jobs-report-january-2025.html The unemployment books are cooked. It… Continue Reading…
January 9, 2025
“Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. Out of hundreds of large companies surveyed around the world, 77% also said… Continue Reading…
October 8, 2024
“The EV maker delivered 88 Class 8 hydrogen fuel cell trucks to dealers in the quarter, in line with its expectations of selling 80 to 100 units. But that lagged the 80% sequential surge in deliveries reported in the second… Continue Reading…
October 2, 2024
“Stocks could see a 10% drop by the end of the year, Stifel’s Barry Bannister says. The bank’s stock-strategy chief pointed to the slowing job market and the potential for sticky inflation. He added that interest rates likely aren’t dipping… Continue Reading…
Recent Comments