Trump’s appetite for tariffs never faded. His next moves could reshape trade
President Donald Trump’s trade war is back. After months of relative quiet following the Supreme Court’s February decision that upended the president’s sweeping tariffs on global trading partners, the administration is once again taking aim.
On Friday, levies ranging from 10% to 12.5% on imports from 60 trading partners took effect.
» Read more about: Trump’s appetite for tariffs never faded. His next moves could reshape trade »
Read MoreNasdaq 100 tumbles as oil spike, AI jitters hit tech stocks
The technology-heavy gauge dropped 1.15% after Intel Corp. reversed an initial advance to slide 7.89% despite a blockbuster revenue forecast.
Nasdaq 100 tumbles as oil spike, AI jitters hit tech stocks
The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and a selloff in the tech stocks that once surged on the back of the AI investment boom.
» Read more about: Nasdaq 100 tumbles as oil spike, AI jitters hit tech stocks »
Read MoreS&P 500, Dow, Nasdaq End Second Week Lower Over Elevated Oil Prices, Chipmaker Rout — PSKY, UBER, QCOM, VZ, INTC In Focus
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The S&P 500 ended 0.1% higher, while the Nasdaq 100 slipped 1.2% and the Dow Jones Industrial Average ended 0.5% higher.
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Qualcomm, the biggest maker of smartphone processors, plans to increase prices.
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Paramount Skydance agreed not to close its blockbuster $110-billion Warner deal until June next year.
This Industrial Stock Is Up 533% in 2 Years. I Predict It Will Join the Dow if Caterpillar Issues a Stock Split.
International Business Machines had its worst day in its history on July 14. So you may think that the blue chip dividend stock would drag down the Dow Jones Industrial Average, but that didn’t happen. IBM has only a 2.3% weighting in the Dow,
These Social Security Recipients Get an Average of Under $12,000 a Year. Here’s Why
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Social Security serves as a financial lifeline for millions of retired Americans today. But if you’re planning to retire on Social Security alone, you may want to rethink that idea.
The average monthly Social Security benefit for retirees today is about $2,084 per month.
The Burst
Best Trader Ever Says AI Will…
Stanley Druckenmiller is arguably the best trader in the world not because of the 30% returns he posted annualized on average over 30 years but because during that time frame he never had a losing year.
It would be nice to invest alongside him but those days are gone, because he now manages a Family Office only,
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Read MoreThe Ivy
Is This Insane 14.9% Dividend Yield Safe?
Dividends have historically been an extremely important factor in investors’ overall returns in the stock market, providing liquid income and creating opportunities for growth through reinvestment.
Today, though, soaring stock prices associated with expectations of high future growth have sent dividend yields well below their historical averages. The S&P 500 today yields just 1.2%,
» Read more about: Is This Insane 14.9% Dividend Yield Safe? »
Read MoreThe Spotlight
1 Weird Buffett Stock You Won’t Want To Miss
So far this year, Warren Buffett has made massive energy bets, including his continued investment in Occidental Petroleum (OXY). The billionaire’s relationship with this once-troubled energy company began in 2019 and now looks like a long-term play.
What was once an opportunistic buy has turned into a significant partnership.
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