Posts with tag: programming
Ontario Premier cancels Starlink contract in protest of Trump tariffs
Published on: February 03, 2025, 02:06 PM UTC
US bond markets warn President Trump that tariffs on top trading partners risk fueling inflation and hindering growth. Short-end Treasury yields rose significantly, flattening the curve and raising concerns about stagflation. Traders reduced bets on Federal Reserve easing and now see a 50% chance of two quarter-point rate cuts this year.
Published on: February 03, 2025, 02:05 PM UTC
US stock futures are plummeting ahead of the market open on Monday, with the major indexes poised for steep losses as Wall Street grapples with the fallout from President Donald Trump's announcement of tariffs on China, Mexico, and Canada.
Published on: February 03, 2025, 02:02 PM UTC
The impact of Donald Trump's tariffs on Canada, Mexico, and China, including potential legal challenges, Congressional opposition, and market volatility.
Published on: February 03, 2025, 02:01 PM UTC
Despite widespread opposition, Donald Trump is unlikely to reverse his decision to levy tariffs on Canada, Mexico, and the EU. While legal challenges are expected, the president has broad authority and invoked national security concerns, making it challenging for any force outside of himself to stop him.
Published on: February 03, 2025, 02:01 PM UTC
Chile's economic activity rose 0.9% in December, marking its third straight month of growth. The Imacec index was up 6.6% from a year prior, the biggest gain since January 2022. Mining surged 4.7% and commerce jumped 2.7%, while services remained unchanged.
Published on: February 03, 2025, 01:00 PM UTC
The worlds of traditional finance and cryptocurrency are converging as President Trump and his administration drive favorable regulations and invest in digital asset companies like Truth.Fi. With the elimination of guidance from the SEC to treat crypto as a liability, financial institutions like Charles Schwab (SCHW) now have the green light to hold crypto assets for clients. The industry sees this as a step toward wider acceptance of digital assets, predicting their growth as a common investment.
Published on: February 03, 2025, 12:03 PM UTC
Trump's new tariffs on Canada, Mexico, and China are unsettling Wall Street, with economists and strategists warning of pain for the economy. Key insights from analysts include: a recession in Mexico, higher US inflation, slower US growth, pressure on US equities, potential strength in services over consumer goods, symbolic retaliation from China, increased demand for US Treasury duration, potential risk to Alcoa, GrafTech, and Cleveland Cliffs, increased import costs for Swiss companies, and uncertainty for the final outcome of the trade war.
Published on: February 03, 2025, 12:02 PM UTC
Wall Street weighs in on Trump's latest tariffs, with economists agreeing that the pain is real.
Published on: February 03, 2025, 11:02 AM UTC
Timeline of Samsung Electronics Chairman Jay Y. Lee's legal challenges, including accusations of bribery, embezzlement, accounting fraud, and stock manipulation.
Published on: February 03, 2025, 10:03 AM UTC