Automakers are facing tough choices in response to new tariffs: absorb the cost of importing auto vehicles, pass the extra expenses onto consumers, or invest in building U.S. factories. On Wednesday evening, the Trump administration announced a 25% tariff on all cars not manufactured in the U.S. and specific automotive...
With cash reserves rapidly depleting, the Treasury Department is expected to exhaust its resources soon, though the exact timing remains uncertain. The so-called “x date” — when the Treasury’s emergency cash management measures will be fully spent — could arrive as early as May. This deadline holds significant implications for...
AI Boom Echoes Dot-Com Bubble: Investor Warns of Risks This week marks 25 years since the dot-com bubble peaked, a period of tech-fueled euphoria that ended in a massive market crash. The Nasdaq-100 took over 15 years to recover its dot-com highs. Now, an investor who predicted that crash is...
U.S. stock futures moved higher Sunday night, building on last week’s rebound when the S&P 500 broke a four-week losing streak. As of 11 p.m. Eastern, futures for the Dow Jones Industrial Average (YM00 +0.75%) were up about 220 points, or 0.5%. S&P 500 futures (ES00 +0.97%) gained 0.6%, while...
Jeffrey Emanuel, the former crypto executive and blogger who made waves earlier this year with his warning about Nvidia vulnerability to Chinese AI startup DeepSeek, is now cautioning investors about CoreWeave’s upcoming IPO. Emanuel’s analysis on DeepSeek led to a $600 billion drop in Nvidia market value in a single...
Fed Holds Off on Changes, Maintains Outlook for Two Rate Cuts in 2025 — For Now The Federal Reserve kept interest rates steady on Wednesday and reaffirmed its forecast for two rate cuts in 2025, despite growing economic uncertainty fueled by President Donald Trump’s new tariffs. “Uncertainty today is unusually...
