Trump's 'Rocket Ship' Budget Could Crash the US Economy, Economists Warn
US President Donald Trump‘s controversial Big Beautiful Bill — now widely nicknamed the ‘rocket ship’ bill — is on the brink of becoming law after a narrow and heated battle in Congress. While Trump and his Republican allies celebrate what they call a historic victory, economists and critics warn that the legislation could have disastrous consequences for the US economy.
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Read MoreTrump ramps up attacks on the Federal Reserve but Powell sticks to ‘wait and see’ stance
By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, despite the steady stream of criticism from the White House,
Read MoreTrump's tax plan won't help Tesla, but 2 other EV companies got a stock boost
President Donald Trump’s tax bill led to a big stock boost for two Tesla rivals.
American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday. The gains came after an analyst note from BNP Paribas said that the two companies stand to benefit from Trump’s tax bill ending EV tax credits.
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Read MoreWhy NuScale Power Stock Rocketed 23.7% Higher in June
After soaring 93% in May, some may have speculated that NuScale Power (SMR 2.10%) stock would have powered down in June and given back some of its gains.
But they would have been greatly mistaken. Thanks to growing political support for nuclear power and the company in talks regarding potential deals with data center developers,
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Read MoreJPMorgan Chase (JPM) Announces Plan to Increase Dividends
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Read MoreThe Burst
Alert: Buy Buffett’s Magic Line In The Sand
Investment Alert: Buy Occidental Petroleum (OXY) Under $57
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
This might be among the shorter trade alerts of the year but that won’t make it any less valuable if we’re right.
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Read MoreThe Ivy
1 Digital Healthcare Stock To Avoid
Health services IT company TRxADE HEALTH, Inc. (NASDAQ:MEDS) played a vital role during the pandemic, making remote care and tests available to patients with its digital healthcare wing. While the effects of the pandemic are largely in the rearview mirror, TRxADE remains a prominent player in the pharmaceutical industry.
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