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The Canadian dollar and Mexican peso rebound after President Trump delays tariffs by one month.

Published on: February 03, 2025, 11:04 PM UTC

Wall Street rallies after Trump delays Mexico tariffs despite fears of trade risks. Tech stocks may be most exposed to escalating geopolitical tensions between the U.S. and China.

Published on: February 03, 2025, 10:03 PM UTC

China plans to restore the 'Phase 1' trade deal, pledge not to devalue the yuan, invest more in the U.S., and reduce fentanyl exports in response to U.S. tariffs.

Published on: February 03, 2025, 06:00 AM UTC

The yen's haven appeal remains as US-China trade tensions escalate, making it the only G-10 currency to gain against the dollar this year.

Published on: February 03, 2025, 02:01 AM UTC

Interest rates on many mortgage terms have declined, including the 30-year fixed rate, which fell to 6.55%, its lowest point since December. While mortgage rates generally follow the 10-year Treasury yield, which has been decreasing, there's no guarantee this trend will continue. Current mortgage rates range from 5.88% for a 15-year fixed to 7.09% for a 7/1 ARM. Mortgage refinance rates are typically higher, but may not always be the case. Consider your short-term vs. long-term goals when choosing between a 15-year and 30-year mortgage. Fixed-rate mortgages lock in your interest rate for the life of the loan, while adjustable-rate mortgages may fluctuate. To get a low mortgage rate, save for a higher down payment, improve your credit score, and reduce debt-to-income ratio. Finding the best mortgage lender involves applying for preapproval with multiple companies and comparing interest rates and APRs.

Published on: February 02, 2025, 12:01 PM UTC

Tesla CEO Elon Musk promises robotaxis by summer, but investors remain skeptical after years of missed deadlines. Musk has claimed since 2016 that Tesla has the hardware for full self-driving, but deliveries have been repeatedly delayed. Tesla's FSD revenue contributed only $596 million in 2024, trailing Google's Waymo. Legal and regulatory hurdles also complicate Musk's robotaxi plans.

Published on: January 31, 2025, 02:01 PM UTC

Nissan and Honda Motor will announce the direction of their potential integration by mid-February, pushing back the initial plan from the end of January.

Published on: January 31, 2025, 03:00 AM UTC

Kash Patel, Trump's FBI Director nominee, is worth over $5.9 million and made $2.6 million last year through consulting, paid speeches, and books.

Published on: January 30, 2025, 11:00 PM UTC

Atlassian Corporation Plc (TEAM) reported a loss of $38.2 million in Q2, with earnings of 96 cents per share, beating Wall Street expectations. Revenue was $1.29 billion, also exceeding forecasts.

Published on: January 30, 2025, 10:09 PM UTC

US economy grows at 2.3% in Q4, below expectations; consumer, government spending offset by investment decline. Core PCE rises 2.5%. Market sees less than 50% chance of Fed rate cuts before June meeting.

Published on: January 30, 2025, 04:03 PM UTC