Key Takeaways President Donald Trump paused most of his “reciprocal” tariffs this week, leaving many others in place, as a simmering trade war threatens to be a drag on growth and push up prices. A typical household will pay more than $4,000 a year in import taxes even after the pause, one economist estimated. The […]
From left, U.S. President Donald Trump, Senator Dave McCormick, his wife Dina Powell McCormick and Elon Musk watch the men’s NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025. Brendan Smialowski | Afp | Getty Images Meta on Friday announced that it was expanding its board of directors with
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Shares of JPMorgan Chase (JPM 4.02%) rallied 4% on Friday, well above the market’s return. The country’s largest bank released its earnings today, which beat analyst expectations. Of course, past results don’t matter that much, as investors are focused on the forward outlook in light of the administration’s tariffs and potential trade war. However, management
Why JPMorgan Chase Rallied Today monthlywealthstream Read More »
A glitch in the system regarding the code to exempt all freight that was on the water this week and should be exempt from any new tariffs put into place by the Trump administration, including freight already on the way from China and any nations now under a 90-day reprieve, has now been fixed. The
Key Takeaways President Donald Trump’s on-again, off-again tariffs have rocked the stock market, leading many to bolster their cash reserves. Luckily, cash havens are offering great returns these days. Here are some top rates today: We track returns on all these options every week, letting you choose which ones make the most sense for your
On a recent trip from New York to Buenos Aires, Argentina, I had the chance to check out the lounge situation at New York-John F. Kennedy for passengers flying American Airlines Flagship Business class. I ended up visiting the American Airlines Greenwich Lounge. This was my first flight on American Airlines in almost 10 years.
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CNBC’s Jim Cramer on Friday told investors which market-moving events to follow next week, pinpointing earnings reports from major banks like Goldman Sachs, as well as Johnson & Johnson and Netflix. He reviewed again the past week’s turbulence spurred by unpredictable tariff policies and messaging from the White House, adding that any more statements from
Earnings from Goldman Sachs, J&J, Netflix monthlywealthstream Read More »
Key Takeaways The S&P 500 added 1.8% on Friday, April 11, 2025, closing out a turbulent week for the stock market as investors reacted to the latest announcements on tariffs. The price of gold climbed to another record high, lifted by demand for “safe haven” assets, and shares of miner Newmont surged. Texas Instruments, which
Newmont Shares Soar as Gold Hits Fresh High monthlywealthstream Read More »
U.S. Attorney General Pam Bondi looks on during her first press conference at the Justice Department in Washington, D.C., U.S., Feb. 12, 2025. Craig Hudson | Reuters A federal judge in Maryland on Friday ordered the Department of Justice to give her daily updates on steps it is taking to secure the return of Kilmar
Judge orders Trump DOJ to give daily updates monthlywealthstream Read More »
Brightdrop EV600 van Source: Brightdrop DETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of this year. The plant will be reduced from two shifts to one shift — eliminating 500 jobs — after being idled beginning next month
GM cutting jobs, idling Canadian electric van plant monthlywealthstream Read More »