Posts with tag: design
President Trump's new 10% tariffs on Chinese-made goods, including tech products like phones and computers, take effect today. The tech industry relies heavily on manufacturing in China and will likely pass the cost of the tariffs on to consumers, leading to higher prices. The tariffs will also impact chip stocks like Nvidia, AMD, and Intel, as the industry depends on manufacturing facilities in China.
Published on: February 04, 2025, 12:02 PM UTC
Copper and zinc prices surge as Trump delays tariffs on Canada and Mexico, dragging the US dollar lower. Get the latest updates on commodity markets and stay informed on the impact of trade policies.
Published on: February 04, 2025, 04:00 AM UTC
US should halt tariffs on Canada like Mexico, union boss says, as manufacturers weigh impact on plane parts, jets
Published on: February 03, 2025, 08:02 PM UTC
U.S. Automakers Fall as Trump's Tariffs Hit Canada, Mexico; Parts Supply Chain Disrupted
Published on: February 03, 2025, 07:00 PM UTC
Trump says Fed made the right decision to pause interest rate cuts, despite his previous demands for lower rates. Economists predict tariffs will push inflation higher, making rate cuts unlikely in 2025. The Fed is expected to remain on the sidelines and monitor the impact of tariffs on inflation and growth.
Published on: February 03, 2025, 06:02 PM UTC
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Published on: February 03, 2025, 11:03 AM UTC
Bill Ackman to reincorporate his management company in Nevada, following Elon Musk's lead to exit Delaware.
Published on: February 02, 2025, 04:00 AM 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
US economy grew 2.3% in Q4, below expectations. Consumer spending and government spending drove growth, but declines in investment and inventories limited gains. PCE index excluding food and energy rose 2.5%, in line with estimates. Fed meeting suggests no rate cuts in Q1, with markets seeing less than 50% chance of cut before June.
Published on: January 30, 2025, 03:02 PM UTC
U.S. companies rush imports to beat Trump's tariffs as fears over global trade war grow. Early holiday-quarter earnings reports show companies have been expediting deliveries and increasing purchases to avoid potential tariffs.
Published on: January 30, 2025, 02:00 PM UTC