2025-03-12
Stocks will be volatile until the cost of Trump's tariffs become clear, strategist says
Investors will need to have a sense of the cost of Donald Trump’s tariffs before the U.S. stock market finds a bottom, Empower’s chief investment strategist said, as reflected in the modest rebound in stocks after today’s better-than-expected CPI report.
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2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
2025-02-01
What will happen to TikTok? A look at the potential buyers.
TikTok may be back online, but the app’s future in the United States is still far from certain. President Donald Trump’s executive order delaying enforcement of the ban was only a temporary reprie [...]
2025-03-07
Trump's federal Bitcoin reserve order leaves the crypto market unenthused
With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump's second term has been abou [...]
2025-03-27
Trump to impose 25 percent tariffs on all cars not made in the US
President Donald Trump has signed a proclamation imposing 25 percent tariffs on "all cars that are not made in the United States" on top of taxes that are already in place. The tariffs will [...]
2025-03-04
Ontario once again promises to nix $100 million Starlink deal over Trump tariffs
Ontario Premier Doug Ford has once again promised to end the province’s $100 million contract with Elon Musk’s Starlink after reversing course back in February, according to reporting by the CBC. [...]
2025-02-03
Ontario cancels $100 million Starlink contract as a response to those tariffs
Doug Ford, the premier of Ontario and a former staunch supporter of President Trump, has announced that the Canadian territory will be “ripping up” a $100 million contract with Elon Musk’s Starl [...]
2025-03-31
Stocks' worst hit from tariffs may be yet to come, strategist says
Stocks mostly fell on Monday as investors await better sense of whether new tariffs are just a negotiating tactic — or, as Donald Trump has intermittently insisted, now a permanent part of the econo [...]
2025-03-14
Trump tariffs slam stocks, Tesla's Musk problem, and Amazon's pays up: Politics news roundup
President Donald Trump’s tariffs are here and disrupting the markets, with new duties on aluminum and steel and threats against European spirits. He’s created a trade war with Canada, which just g [...]
2025-01-29
Meta will pay $25 million to settle a lawsuit with Donald Trump over his 2021 Facebook suspension
Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit stemming from the social network’s decision to suspend Trump's Facebook account following the riots at the US [...]