Buyers flooded dealerships in March to snap up cars ahead of the threat of higher prices due to tariffs. Strong March sales made up for a weaker start to the year. Ford reported Tuesday that sales in March rose 10%, a bounce from the 1.3% decline in the first quarter overall. The biggest jump was […]
US stocks closed mixed on Tuesday as investors cautiously counted down to President Trump’s highly anticipated “Liberation Day” rollout of sweeping new reciprocal tariffs. The S&P 500 (^GSPC) rose about 0.4%, extending the gains the benchmark index secured on Monday, while the Dow Jones Industrial Average (^DJI) fell just below the flatline. The tech-heavy Nasdaq […]
Asia-Pacific markets mostly climbed Tuesday, recovering from a sharp sell-off in the previous session as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Australia’s S&P/ASX 200 rose 1.04% to end the day at 7,925.20, after the Reserve Bank of Australia held interest rates at 4.1%, in line with expectations, as the country heads to the polls on […]
Markets around the world continue to sink on fears about President Donald Trump’s protectionist trade policies, and investors keep plowing money into gold, with futures hitting another record high Monday. Trump’s latest round of tariffs roll out Wednesday, which Trump has been calling “Liberation Day.” Interest in buying gold can rise sharply in times of […]
BERKELEY, Calif. — Over 1,000 demonstrators filled the street in front of a Tesla dealership Saturday in this Bay Area city synonymous with the free speech movement of the late 1960s, to voice their displeasure with Elon Musk’s efforts to dramatically scale down the federal workforce. “This whole thing about an unelected person doing so […]
Stocks are hovering near their lowest levels of the year, with President Trump’s latest tariff announcements and fears about the US economy’s path forward sending equities lower in the final full week of the first quarter. In the last five days of trading, the S&P 500 (^GSPC) fell nearly 3%, while the Dow Jones Industrial […]
Car prices are about to shoot higher. That’s because a 25% tariff across all cars that the United States imports is set to take effect on April 3. And not long after, a 25% tariff on most foreign-made car parts is set to take effect. In President Donald Trump’s ideal world, his tariffs will cause […]
Hundreds of “Tesla Takedown” demonstrations are taking place in the United States, Canada and Europe as activists ramp up their opposition to CEO Elon Musk’s efforts to slash federal government staffing and budgets. Since joining the Trump administration, Musk has aggressively pushed policies to reduce spending, curb regulations and downsize the workforce as the head […]
The nuclear industry is racing to launch advanced small reactors by the early 2030s, aiming to meet the deep-pocketed technology sector’s growing need for electricity to fuel artificial intelligence. The world has relied largely on the same pressurized-water reactor technology for the past 70 years, but those plants have proven incredibly expensive to build in […]
Originally appeared on E! Online A little bird told us more changes are afoot for the company formerly known as Twitter. Elon Musk—who bought Twitter in 2022 and changed the social media platform’s name to X the following year—revealed that his artificial intelligence startup xAI has acquired the brand in a lucrative, all-stock deal. “The […]
Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated Press, Laffer, […]
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted a survey earlier this month that found that consumers are spending less due to economic and inflation concerns, resulting in lower U.S. traffic at Lululemon and […]
