Tag: ecommerce

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Global Stocks Plunge as Trump Tariffs Ignite Trade War Fears

Asian stocks plummet and US equity futures point lower over fears of a global trade war sparked by US tariffs on Canada, Mexico, and China. US dollar surges against yuan, Canadian dollar, and Mexican peso, hitting record highs.

401(k) Portability Failure: A Problem for Employees and a Solution

Listen to Decoding Retirement, a podcast exploring the 401(k) system's challenges, including portability issues leading to lost accounts and workers cashing out. Expert Laurie Rowley suggests rolling over 401(k)s into IRAs or using a Portable Retirement Plan (PRP) for better portability and control.

U.S. Stocks Rise on Solid Earnings, Fed Inflation Gauge Data

US stocks rallied Friday, boosted by upbeat earnings from Apple and a closely watched inflation gauge that matched expectations, but investors remained cautious ahead of a looming tariff deadline.

Government-Tailored ChatGPT Launches as US Tech Industry Faces Competition

OpenAI debuts ChatGPT Gov, a customized version of its AI chatbot tailored for US government agencies, offering enhanced security and compliance for handling sensitive data.

AI-Exposed Power Stocks Sink on DeepSeek's Advance

AI-powered chatbots from DeepSeek threaten US power stocks, led by Constellation Energy (CEG), Vistra Corp (VST), and GE Vernova (GEV), as investors question AI spending and market dominance.

Nvidia Stock Plunges as AI Model From China Sparks Concerns

Nvidia (NVDA) stock drops 12% on concerns about AI investment and competition from China's DeepSeek.

Oil Price Drops as Trump Promises Energy Boos

Oil slid after US President Donald Trump promised to boost US crude production while holding off on tariffs that could have restricted supplies and hurt demand.

Fed's exit from green finance club casts shadow over climate action by central banks

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.