United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images U.S. airline stocks tumbled to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot […]
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Trump’s tariffs showcase his extraordinary presidential power — and its limitations
U.S. President Donald Trump reacts as he speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | Reuters U.S. importers and their customers are about to experience the full force of President […]
Tech stocks are down 7% since Trump’s inauguration as trade war fuels uncertainty
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, […]
Best Buy shares plunge as CEO warns price increases are ‘highly likely’ due to Trump tariffs
Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top […]
Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House
Leader of the Department of Government Efficiency Elon Musk wears a shirt that says “Tech Support” as he speaks during a cabinet meeting with US President Donald Trump at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty Images Tesla’s stock started off […]
Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect on Tuesday. […]
Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect on Tuesday. […]
Best Buy CEO warns price increases are ‘highly likely’ after Trump tariffs
A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in East Rutherford City. Kena Betancur | Getty Images Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers […]
Best Buy CEO warns price increases are ‘highly likely’ after Trump tariffs
A man walks by the front of a Best Buy store at American Dream Mall on November 29, 2024 in East Rutherford City. Kena Betancur | Getty Images Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers […]
Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement
The new Bitcoin token is photographed on U.S. $100 bills. Sopa Images | Lightrocket | Getty Images The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump’s announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by […]