Stock markets around the world tumbled on Monday ahead of Donald Trump’s “Liberation Day” on Wednesday, which will impose a slew of tariffs on “all countries.”
The Dow fell 292 points, or 0.6%, in pre-market trading, while the S&P dropped 0.9% and the tech-heavy Nasdaq was down 1.3%. Monday marks the end of an uncertain month for the market.
Nvidia (NVDA) stock fell as much as 4% premarket Monday after US President Donald Trump said he won’t be granting any countries softer treatment when it comes to reciprocal tariffs.
Speaking aboard Air Force One on Sunday, Trump said reciprocal tariffs set to be announced on April 2 (which he’s dubbed “Liberation Day”) will target all countries,
Your savings account has a variable interest rate, so your bank can choose to raise or lower that rate at any time.
» Read more about: Why do high-yield savings account rates fluctuate? »
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High interest rates have made borrowing money tough for Americans in recent years. Sticky inflation and the Federal Reserve’s corresponding rate increases drove up costs across all loan types,
» Read more about: What's the home equity loan interest rate forecast for April 2025? »
Tax season is probably everyone’s least favorite time of year. But the experience can be a little more daunting for millions of Americans who receive Social Security benefits and live in a state that applies an additional tax on these payments.
To be clear, most states don’t tax Social Security payments — the federal government will already tax them,
A 2024 audit of the Social Security program found $72 billion in improper payments to Americans between 2015 and 2022.
That sounds like a lot of money, until you consider that Social Security paid out $8.6 trillion in benefits in those years. And some “improper” payments were underpayments. Also, most overpayments were recovered.
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If you have more than one retirement account,
In a recent Twitch stream, Vivian Jenna Wilson, the estranged daughter of Tesla Inc. TSLA CEO Elon Musk, has stirred controversy by labeling Tesla as a ‘Ponzi scheme’.
What Happened: Vivian Wilson made this statement during a live Twitch stream with Hasan Piker,
Tech giant Apple (AAPL) is reportedly emerging as a potential rival to Elon Musk’s Starlink in the expansion of its satellite communication services. According to the Wall Street Journal, Apple and Starlink are competing for spectrum rights—limited airwaves essential for transmitting phone signals. Meanwhile, Musk has reportedly lobbied federal regulators to delay Apple’s efforts to grow its satellite network.
» Read more about: Apple (AAPL) and Musk’s Starlink to Compete over Satellite Spectrum »