Tag: innovation

Southwest Airlines faces challenges amid rising costs, but remains optimistic as Boeing production improves.

Published on: February 03, 2025, 02:03 PM UTC

Robinhood forays into sports betting with event contracts for Super Bowl LIX, allowing customers to bet on the winner.

Published on: February 03, 2025, 02:02 PM UTC

Markets plunged after investors realized President Trump was serious about imposing hefty tariffs on Canada, Mexico and China. Nasdaq 100 futures dove more than 1.7%, S&P 500 futures spiraled roughly 1.5%, and Dow Jones Industrial Average futures tumbled about 1.3%.

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

President Trump imposes tariffs on Canada, Mexico, and China, citing national emergency concerns over fentanyl and illegal migration. The tariffs take effect on February 4th, and retaliatory measures from the affected countries are expected. The economic impact is estimated to be significant, with potential job losses and price increases. The move has drawn criticism from business groups and some Republican allies.

Published on: February 03, 2025, 01:04 PM UTC

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Published on: February 03, 2025, 01:03 PM UTC

The dollar surged and stocks fell as US tariffs sparked a global trade war, threatening economic growth. The Bloomberg Dollar Index jumped 0.9%, while S&P 500 futures slid 1.4%. European carmaker shares and crypto assets also tumbled amid concerns over inflation and supply disruptions. The impact on emerging markets was severe, with the Mexican peso weakening by more than 2%. In energy markets, tariffs threatened to disrupt North America's oil trade, pushing up gasoline prices.

Published on: February 03, 2025, 12:05 PM UTC

The Trump administration takes an aggressive stance on mergers and acquisitions, with the DOJ blocking Hewlett Packard's proposed purchase of Juniper Networks. Experts predict continued pressure on anticompetitive deals, particularly in the technology sector.

Published on: February 03, 2025, 12:03 PM UTC

US stock futures signal sharp losses on Monday as Wall Street reacts to President Donald Trump's announcement of tariffs on China, Mexico, and Canada. Nasdaq 100 futures lead the decline, while S&P 500 and Dow Jones Industrial Average futures also point to significant drops. The tariffs, set to take effect on Tuesday, include duties on goods from all three countries, raising concerns about a trade war and its impact on the economy and markets.

Published on: February 03, 2025, 12:02 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

Warburg Pincus and Berkshire Partners in Talks to Buy Triumph Group

Published on: February 03, 2025, 11:01 AM UTC