Is Trump putting US national security at risk with his ‘Liberation Day’ tariff blitz?
US President
Donald Trump’s decision to impose at least a 10 per cent tariff on all imports, with even higher rates for key trading partners, follows a similar approach from his first term. Back in 2018, he placed tariffs on steel and aluminium under Section 232 of the Trade Expansion Act of 1962,
Trump-backing cable network Newsmax a hot stock on Wall Street
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street.
The Boca Raton, Fla., outlet’s stock price surged after its initial public offering Monday. Shares offered at $10 closed at $233 a share Tuesday afternoon, giving the company a market valuation of over $20 billion.
Newsmax itself tracked the stock’s movement on screen throughout the day.
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Read MoreWill the Stock Market Crash or Soar in 2025? Wall Street Analysts Are Changing Their Forecasts.
The S&P 500 (^GSPC 0.67%) rocketed higher after Donald Trump won the presidential election in November. Many analysts issued optimistic forecasts for the U.S. stock market based on expectations that tax cuts and deregulation should boost economic growth.
However, the S&P 500 has lost its post-election gains and then some.
Read MoreAs Donald Trump’s trade war heats up, China is surprisingly confident
FOR THE second time in less than a decade, the world’s biggest importer is pummelling the world’s biggest exporter with tariffs. On April 2nd America landed its biggest blow yet, raising the average levy on Chinese goods above 60%. Yet the mood in Beijing is not one of panic.
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Read MoreFidelity CD Rates: Pros, Cons, and Current Rates
Business Insider’s personal finance team compared Fidelity CDs to the best CD rates and discovered it was a standard offering. Its CD rates are generally strong, but they change often, and brokered CDs might be harder to manage compared to regular CDs.
Fidelity is an investment, retirement planning, and financial advisory firm with locations around the U.S.
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Read MoreThe Burst
How I Would Invest $25k If Starting Over
The big killer to any portfolio is too much exposure to a single stock that plummets. It’s the type of thing that looks oh-so-obvious in hindsight because it’s clear after the fact that you bought into a story, not fundamentals.
There have been lots of “stories” in recent years:
- Credit cards will be disrupted by the buy-now-pay-later model
- FICO is being disrupted by new,
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Read MoreThe Ivy
Market Commentary: 1 Tiny AI Stock Seals $100M Deal
Just when we thought Onto Innovation had shared all its good news for the quarter, the semiconductor equipment manufacturer dropped another bombshell. Onto has raked in new equipment orders to the tune of more than $100 million.
What’s the catalyst behind this financial windfall?
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