May 7, 2025

general

Investors

Stock plunge hits 401(k) investors hard for 3rd day amid tariff chaos

People on Wall Street react to sinking stocks from tariffs People on Wall Street reacted to the stock market downturn from Trump’s tariffs announcement with a mix of worry and optimism. President Donald Trump defended his tariff strategy in light of the stock market’s quick fallout, saying “sometimes you have to take medicine to fix

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Investors

Ford Motor will survive tariffs, uncertainty

Ford Motor Company: Understanding the automaker’s history, legacy Explore the rich history of Ford Motor Company, from its groundbreaking assembly line innovations to iconic cars like the Model T, Mustang, and F-150. Ford Executive Chair Bill Ford writes a statement to investors assuring them the company is well-positioned to navigate the challenges this year. Bill

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Investors

Federal Reserve says it’s in ‘no rush’ to adjust monetary policy

Benzinga  |  Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy.   Yet, the central bank’s latest economic projections painted a

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Investment

Trump and GM CEO discuss $60 billion investment amid tariff war

David Shepardson  |  Reuters Trump grants one-month tariff exemption for major automakers President Donald Trump granted a one-month tariff exemption to any autos coming from Mexico and Canada for Ford, General Motors, and Stellantis. President Donald Trump met General Motors GM.N CEO Mary Barra on Wednesday to discuss the automaker’s investment plans amid his tariff war, a White House

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Investors

Eminem joins Detroit WNBA superteam of investors: Report

What’s the driving force behind Detroit Pistons incredible turnaround? Bryce Simon and Omari Sankofa II on “The Pistons Pulse” podcast analyze the Pistons’ sustained success. Full podcast out wherever you listen. The team of Detroit investors aiming to bring the WNBA back to Detroit has reportedly added rapper Eminem. The bid would revive the legacy

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