Key Takeaways Tesla shares tumbled after CEO Elon Musk announced that he plans to start a new political party, reigniting concerns that his attention will turn away from running the EV maker and that a public feud with President Trump will escalate.  Selling accelerated in the stock after the price retested a bearish flag pattern’s […]

Analysts and investors have been talking for years about de-dollarization the gradual shift by governments, companies, and investors away from using the U.S. dollar as the world’s default trading and reserve currency. In 2025, de-dollarization appears to be gaining speed. New reports highlight how Southeast Asian and BRICS economies are formalizing local-currency trade-settlement schemes and

Key Takeaways A 90-day pause on President Donald Trump’s “reciprocal” tariffs expires Wednesday, and the White House has sent mixed messages about what will happen when the key date comes and goes. President Donald Trump has begun sending letters to countries setting their tariff rates if no trade barriers are lowered. Those new tariff rates

Shares of Brookfield Renewable (BEPC -0.67%) surged 11.5% in June, according to data provided by S&P Global Market Intelligence. There was no specific catalyst powering the renewable energy dividend stock last month. Instead, it jumped due to the overall rally in the stock market and its strong growth potential. Increased optimism about what’s ahead The

If you’ve been paying attention to housing market news, you’ve probably heard more and more buyers are using all-cash offers in order to win bidding wars.  In fact, the National Association of Realtors reported that 32% of home sales in 2024 were cash offers—the highest it’s been since 2014. As mortgage rates remain stubbornly high

Having your wages garnished can put you in a tough financial spot. This is when a court orders your employer to redirect part of your paycheck to satisfy an unpaid debt. With smaller paychecks each month, you may find it difficult to meet your expenses. “Wage garnishment can become necessary for debts such as child

In March 2025, the U.S. imported more pharmaceutical preparations than any other product, totaling $50.4 billion. This was an increase of 71% from February 2025, largely due to Trump’s tariffs. The largest import category was consumer goods at $103.2 billion, of which pharmaceutical preparations fall under. Key Takeaways The U.S.’s top import is pharmaceutical preparations,

Sprinting races and marathons both cover distance, but using the strategy that works in one will wreck you in the other. Crypto investors chasing “millionaire-maker” coins often confuse the two, buying a meme coin sprinting across social media. Two perennial favorites in this conversation are Dogecoin (DOGE 5.33%) and XRP (XRP 1.09%). Both have cult

Key Takeaways The deadline for the U.S. to negotiate “reciprocal” tariffs is Wednesday. Federal Reserve meeting minutes, consumer credit levels, and initial jobless claims will also be in focus during the week. Amazon holds its annual Prime Day sale, while Delta Air Lines, Conagra Brands, and Levi Strauss are among the companies scheduled to report

President Trump’s tariffs have sparked sharp debate about the costs of imports and the benefits of reshoring production to the United States. But many goods move through several countries in the manufacturing process, and consumers are not always clear where a product labelled “Made in China” originates. Products sold in the United States must be