Posts with tag: clothing
California's home insurance crisis is leaving many homeowners underinsured, forcing them to turn to the state's FAIR Plan for coverage. The FAIR Plan provides a lifeline for those unable to secure private insurance, but with higher premiums and limited coverage. State officials have enacted regulations to give insurers more latitude in high-risk areas, but experts say serious mitigation efforts are needed to address the underlying fire risk.
Published on: February 05, 2025, 06:00 AM UTC
Asian equities slipped after Chinese shares opened lower amid trade tensions between the US and China. Hong Kong stocks fell while China's market saw a weaker opening after Lunar New Year holidays. US equities futures edged lower, and Treasury yields rose. Investors remain cautious as Beijing retaliated against US tariffs, leading to concerns about the impact on Chinese stocks and broader market volatility.
Published on: February 05, 2025, 03:00 AM UTC
Kentucky lawmakers pass bill to lower personal income tax to 3.5% starting in 2026, continuing a downward trend since Republicans gained control of the legislature in 2017.
Published on: February 04, 2025, 11:00 PM UTC
NXP Semiconductors forecasts lower-than-expected first-quarter revenue, signaling continued sluggish chip demand in industrial and automotive sectors, impacting the overall semiconductor industry.
Published on: February 04, 2025, 04:04 PM UTC
Spotify's Q4 earnings beat expectations with revenue growth and its first annual profit, driven by strong subscriber gains and efficiency measures. The stock surged 8% in pre-market trading.
Published on: February 04, 2025, 01:01 PM UTC
US stock futures slipped Tuesday as investors assessed China's response to Trump's new tariffs, amid worries about a trade war. China hit back with tariffs on US goods, but some see its response as showing restraint that could open the door to compromise.
Published on: February 04, 2025, 12:01 PM UTC
US stock futures steadied and the dollar weakened as investors speculated that China's restraint in retaliatory tariffs may help avoid a worst-case scenario in the emerging trade war.
Published on: February 04, 2025, 09:01 AM UTC
China and the US have renewed their trade war by imposing new tariffs on each other's goods, with analysts predicting heightened uncertainty and market volatility.
Published on: February 04, 2025, 06:00 AM UTC
US President Donald Trump plans to speak with China in the next 24 hours to discuss a potential reprieve on a 10% tariff set to take effect on Tuesday. Talks are likely to cover illegal Chinese fentanyl, as well as the ownership split of China-owned app TikTok.
Published on: February 04, 2025, 04:01 AM UTC
President Trump's tariffs on imports may cause economic pain in the form of higher prices, swooning stock values, and economic uncertainty. However, some argue that Trump is asking for the wrong kind of sacrifice and missing an opportunity to address the more pressing issue of the national debt.
Published on: February 04, 2025, 01:02 AM UTC