Posts with tag: gadgets
Tariffs on Mexico, Canada and China could mean higher prices for avocados, tomatoes and beer in the US, as well as an average tax increase of more than $800 this year on US households. Constellation Brands (STZ), which owns Corona and Modelo, is at a disadvantage compared to its peers due to its production in Mexico.
Published on: February 03, 2025, 07:02 PM UTC
Boston Federal Reserve President Susan Collins says tariffs could increase inflation and depress growth, but the Fed is in no rush to change policy due to uncertainty.
Published on: February 03, 2025, 06:04 PM UTC
The Chancellor has not ruled out cutting relief on cash Isas. Rachel Reeves should scrap them because the £300bn stashed away is unproductive and costs £20bn a year in lost taxation.
Published on: February 03, 2025, 05:00 PM UTC
The US bond market warns President Trump that his tariffs may fuel inflation and slow economic growth. The risk of higher import prices rekindling inflation has hovered over markets since Trump's election. Traders expect the nascent trade war to deal a fresh shock to the resilient economy, narrowing the gap between 2- and 30-year bond yields.
Published on: February 03, 2025, 04:01 PM UTC
401(k) plans face significant challenges, including portability failure. As a result, many workers lose access to their retirement savings. To address this, experts recommend rolling over 401(k)s into IRAs or using Portable Retirement Plans, which offer greater portability and control.
Published on: February 03, 2025, 11:02 AM UTC
AI partnership between SoftBank Group and OpenAI establishes SB OpenAI Japan, offering AI services like Cristal for businesses and deep research capabilities from ChatGPT.
Published on: February 03, 2025, 08:01 AM UTC
Taiwan to assist companies relocating to the US, including finding partners, after US tariffs.
Published on: February 03, 2025, 06:02 AM UTC
The Trump administration is encouraging more favorable regulation of digital assets leading to a shift in the financial industry. As a result, expect more banking giants to deal with digital assets, leading to wider acceptance in mainstream financial channels.
Published on: February 03, 2025, 06:01 AM UTC
With Trump's tariffs on China, Mexico, and Canada, US stock futures point to substantial losses, with Nasdaq futures (NQ=F) falling sharply. Retaliatory announcements from Canada, Mexico, and China add to uncertainty.
Published on: February 03, 2025, 04:01 AM UTC
US stock futures forecast sharp losses, with Nasdaq futures down 2.2% and S&P 500 futures down 1.6%, as Trump's tariffs on China, Mexico, and Canada take effect.
Published on: February 03, 2025, 01:01 AM UTC