Posts with tag: character development
High interest rates could be the biggest enemy of Trump's second term. The Federal Reserve is set to raise short-term interest rates, which will likely send long-term rates higher. This could hurt consumers and businesses, and it could even lead to a credit crunch.
Published on: February 14, 2025, 02:01 PM UTC
Stocks fell sharply on Friday as investors digested the impact of President Trump's tariffs on Canada, Mexico and China. The S&P 500 (^GSPC) closed down 1.8%, the Dow Jones Industrial Average (^DJI) fell 1.7%, and the Nasdaq Composite (^IXIC) lost 2.3%. The sell-off was broad-based, with all 11 sectors in the S&P 500 finishing in the red. Energy and financial stocks were among the hardest hit.
Published on: February 03, 2025, 01:02 AM UTC