Adam Ashton | CalMatters Hands Off protest against Trump, Musk in Palm Springs People gather at Palm Springs City Hall on Saturday, April 5, 2025, to protest the actions of the Trump administration, including Elon Musk’s role. This story was originally published by CalMatters. Sign up for their newsletters. The investment chief who’s responsible for the retirement plans
China vows to ‘fight to the end’ on President Trump’s tariffs President Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports. Video shows key takeaways, tense moments from April 8 Senate Finance Committee hearing on tariffs Trump has announced reciprocal levies on trading partners U.S. Trade Rep. Jamieson
The crypto community has not been spared the tariff-induced panic that swept American and global markets last week, with many of its key voices now lashing out at the man once thought to be heralding a new age for digital assets. While losses on Wall Street tempered on Monday, the stock market has undergone a
Welcome to Your Week in Asia. ASEAN finance chiefs are expected to discuss regional economic stability and integrating financial services when they meet in Malaysia from Monday through Thursday. That comes as Asia braces for U.S. President Donald Trump’s sweeping “reciprocal” tariffs, which are due to start on Wednesday. Japan will hold the opening ceremony
Tariffs or no tariffs, you need a core holding to carry you through the next 30 years. Our sortable scorecard of 52 Best Buys will take you to it. Buy the dip? That takes some fortitude, when world trade is on the verge of collapse, consumers are frightened and businesses can’t plan anything. The U.S.
The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season. The rate fell to 6.64% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the
Even before President Trump unveiled his sweeping new tariffs, many Americans were struggling to afford car purchases, putting their loans in growing danger of default. Now hefty tariffs threaten to inflict further pain on U.S. car buyers, which could have negative consequences for auto lenders. “There are nearly unlimited permutations of the knock-on effects,” UBS
Since we believe in the close relationship between the 10-year yield and mortgage rates, we expect mortgage rates to decrease tomorrow if bond yields continue to decline. Here’s what the bond yields looked like on Wednesday afternoon: My bottom range forecast for the 10-year yield in 2025 is 3.80%. At 4.11%, it marks the lowest
Tesla trade-ins hit record high amid Elon Musk controversy Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk’s involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled
Who will actually pay for Trump’s tariffs? While trade is a hot topic among the Trump Administration, who actually pays for the new tariffs? Fox – Fox 9 U.S. stock futures point to a lower opening as investors await more news on President Donald Trump‘s tariff plan and economic news. Stocks rallied on Monday after