Market

Oil prices fell on Tuesday after President Trump signed orders to increase US production and hinted at tariffs on Canada and Mexico, raising concerns about a trade war.

Published on: January 21, 2025, 05:00 PM UTC

Trump considers tariffs on Mexico and Canada of 25% and says they could happen soon, saying "I think we are going to do it on February 1." He also suggested blanket tariffs on all countries. As for China, he declined to offer details on new tariffs but made it clear that tariffs are on the table. Trump signed an order directing the attorney general not to enforce the law banning TikTok for 75 days.

Published on: January 21, 2025, 04:03 PM UTC

Bank of America CEO Brian Moynihan discusses the need for the Federal Reserve to adjust monetary policy in response to the Trump administration's fiscal policies. Moynihan also expresses concerns about the impact of potential tariffs on China and other factors on inflation.

Published on: January 21, 2025, 04:02 PM UTC

Meme coins launched by former US President Donald Trump and his wife Melania Trump raise concerns about potential risks for retail investors. Despite the Trump coin's initial rise, its market cap has since dropped significantly, while the Melania coin trades at a lower market valuation. Financial analyst Anthony Scaramucci warns of potential losses for investors and criticizes Trump's involvement, highlighting ethical and reputational concerns. The article explores the potential impact of these meme coins on the cryptocurrency market and discusses broader economic and political implications.

Published on: January 21, 2025, 04:02 PM UTC

Bank stocks surge despite Trump tariff threats; investors see M&A, deregulation, and Basel III relief as potential catalysts for growth.

Published on: January 21, 2025, 04:02 PM UTC

Tesla stock falls as Trump reverses pro-EV policies, but CEO Musk says impact will be "devastating" for competitors

Published on: January 21, 2025, 04:02 PM UTC

US stocks climbed on Tuesday as investors assessed President Trump's new policies and considered the potential impact of tariffs on Mexico and Canada. The Dow Jones Industrial Average and the S&P 500 moved up roughly 0.6% and 0.4%, respectively, while the Nasdaq Composite rose around 0.1%. Markets are bracing for continued volatility as Trump moves forward with his policy agenda, with energy and trade as key areas of focus.

Published on: January 21, 2025, 04:01 PM UTC

US stocks climbed on Tuesday as investors assessed President Trump's first-day orders and the prospect of tariffs on Mexico and Canada. The Dow Jones Industrial Average and S&P 500 moved up, while the Nasdaq Composite rose slightly. Earnings reports from Netflix, Charles Schwab, and 3M Company are expected to provide more insights.

Published on: January 21, 2025, 04:00 PM UTC

Brazil interest rate forecasts surge as inflation, currency woes mount

Published on: January 21, 2025, 04:00 PM UTC

US stocks rose Tuesday as investors evaluated President Trump's executive orders and the potential for tariffs. The Dow Jones Industrial Average gained 0.57%, the S&P 500 rose 0.40%, while the Nasdaq Composite added 0.04%.

Published on: January 21, 2025, 03:03 PM UTC