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The effective U.S. tariff rate would be 12% if no Chinese goods were imported, according to JPMorgan.
President Trump on Wednesday said his administration would enact a 90-day pause on so-called reciprocal tariffs for all trading partners except China, which he said would be hit with an ever steeper ...
Shares of CarMax Inc. (KMX) dropped 7% in premarket trading Thursday, after the used-car retailer's fiscal fourth-quarter profit and comparable store sales disappointed, even as overall revenue was in ...
Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said in a letter to ...
A closely watched twice-yearly forecast predicts Germany's economy to expand just 0.1% this year, well down from the 0.8% expected in September 2024.
Thursday's stock futures action suggests the same, with futures for the Dow industrials pointed to a 400-point drop ahead. Our call of the day from UBS's top strategist Bhanu Baweja, is advising ...
According to a statement from Malaysia's trade ministry on the special meeting, Asean member states and Timor-Leste unanimously rejected the basis used in the U.S. tariff calculations and agreed that ...
For every investor like you who moves their money into U.S. stocks, another will stay the course.
Not included in the suspension is the 25% levy on imported vehicles on April 3 or the 25% tariff on auto parts that goes into effect on May 3. (Parts covered under the U.S.-Mexico-Canada Agreement ...
The 29-year-old Kansas City Chiefs quarterback teamed up with his wife, Brittany, and his brother Jackson to pull off the very generous surprise: an $825,000 newly constructed home in Texas.
I have a chunk of money from my father's estate. My investments are losing money fast due to the current economic situation. I called my financial adviser and said this is not within my tolerance ...
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