Posts with tag: customer experience
The US has announced plans to impose tariffs on steel and aluminium imports and raise rates to match those of other countries. The EU, the US's largest trading partner, has threatened to "respond firmly" if it is targeted unfairly. Retaliatory tariffs, anti-coercion instruments, and regulatory action against big tech firms are possible courses of action for the EU.
Published on: February 10, 2025, 02:00 PM UTC
Despite looming tariffs, the stock market continues to trade near record highs. Earnings are the most important driver of stock prices, and while tariffs could negatively impact earnings, the market remains positive due to the expectation of ongoing earnings growth. Economic data shows strong demand for goods and services, and the economy continues to grow despite normalization from earlier levels. The market is decoupled from sentiment data, which remains relatively poor, but hard economic data continues to hold up. Analysts predict US stock market outperformance due to positive operating leverage. While risks include political uncertainty, geopolitical turmoil, and recessions, the long game of investing remains favorable due to the expectation of economic and market recovery over time.
Published on: February 10, 2025, 10:01 AM UTC
Chinese smartphone maker Xiaomi plans to increase its auto production capacity, as per a statement by its CEO Lei Jun on social media.
Published on: February 07, 2025, 03:01 AM UTC
Copper pares gains as trade tensions escalate; China retaliates against US tariffs
Published on: February 04, 2025, 08:02 AM UTC
President Trump's new tariffs will cause economic pain, but will it be worth it? He claims tariffs will bring manufacturing back to the US and offset tax cuts, but economists warn of higher prices, lower growth, and retaliatory measures. The real economic problem is the national debt, which Trump has not seriously addressed. Painful sacrifices may be necessary to stabilize the debt, but no president has taken a serious stab at it.
Published on: February 04, 2025, 04:01 AM UTC
U.S. Federal Reserve's departure from the Network for Greening the Financial System (NGFS) poses a setback to global central banks' collective efforts to address climate change.
Published on: January 20, 2025, 03:00 PM UTC