US President Donald Trump speaks with the press on the South Lawn of the White House on Friday September 26, 2025.Demetrius Freeman | The Washington Post | Getty ImagesPresident Donald Trump on Monday said he would impose a 100% tariff on foreign-made films and slap “substantial Tariffs” on any country that does not make furniture in the United States.Trump’s statements left key questions about the plans unanswered.In a pair of Truth Social posts, Trump claimed that California’s movie-making business and North Carolina’s furniture industry have been lost to other countries, and that the new duties on imports would reverse the…
Author: usaeverydaylife
This year, Global Citizen Solutions published its Global Retirement Report for 2025, which ranks the best countries to retire abroad.The report looked at 44 passive income and retirement visa programs. It examined 20 targeted indicators, grouped into six sub-indices: procedure, citizenship and mobility, economics, tax optimization, quality of life, and safety and integration. Each country was given a score out of 100.The United States was not included on the list simply because the country doesn’t have an official retirement visa program. The report found that many of the countries ranked in the top 10 were located in the Americas and…
Zoom In IconArrows pointing outwardsOpenAI’s Instant CheckoutCourtesy of OpenAIOpenAI on Monday announced Instant Checkout, a new feature that allows users to buy products through its artificial intelligence chatbot ChatGPT. Instant Checkout initially supports single-item purchases directly from U.S. Etsy sellers, and it’s available to U.S. ChatGPT Plus, Pro and Free users. OpenAI said more than one million Shopify merchants, including Skims and Glossier, are coming soon. Shares of Etsy and Shopify popped about 5% on Monday.OpenAI will take a fee from transactions that are completed through ChatGPT, which means Instant Checkout could become an important new revenue stream for the startup. OpenAI…
Markets have largely shrugged off previous government shutdowns, but this time could prove different if it shows U.S. government ineptitude has fallen to a new low. That could cause rating agencies to reexamine the high, but fragile condition of U.S. credit worthiness. On Monday the Labor Department said it’s preparing a contingency plan for what would amount to a news and data blackout should the U.S. government suspend operations, showing the Trump Administration is preparing for the worst. Moody’s in May downgraded its credit rating for the U.S. to Aa1 from the highest possible Aaa level. At the time, Moody’s…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — I remember being a retail stockbroker in 1999, pitching shares of Mellon Bank to my retail brokerage customers. After the repeal of the Glass-Steagall act under President Bill Clinton, a wave of bank and brokerage mergers and acquisitions had taken place. These included the buyouts of PaineWebber by UBS, Donaldson Lufkin & Jenrette by Credit Suisse, JPMorgan by Chase Manhattan, Bank of America by NationsBank and Citicorp by Travelers. My pitch was that Mellon was on…
Vistra operates one of the nation’s largest integrated retail electricity and power generation companies in the United States, serving approximately 5 million customers across 20 states and the District of Columbia. It operates a diversified portfolio encompassing over 41,000 megawatts of generation capacity, including natural gas, nuclear, coal, solar and battery energy storage systems. Headquartered in Irving, Texas, it’s in competitive wholesale and retail markets, particularly in the PJM Interconnection and Ercot regions. The company has also made substantial investments — exceeding $2 billion since 2020 —in renewable energy and grid-scale battery storage, positioning it as a leader in the…
New York City mayoral candidate Zohran Mamdani speaks to the media during a campaign stop with Speaker of the New York State Assembly Carl Heastie in the Bronx borough of New York City, U.S., September 17, 2025. Eduardo Munoz | ReutersPresident Donald Trump on Monday bashed New York City mayoral race front-runner Zohran Mamdani and renewed a threat to withhold federal funding from the Big Apple if the Democratic nominee wins.Trump’s rant came a day after Mayor Eric Adams said that he is suspending his campaign after pressure from the president and others to quit the race to improve former New…
The US Capitol is seen in the background as signage for US Department of Labor is seen in Washington, DC on August 4, 2025. Jim Watson | Afp | Getty ImagesThe Labor Department is preparing for what would amount to a news and data blackout should the U.S. government suspend operations.In a contingency plan released Friday, the department said it was looking “to ensure that DOL agencies can perform an orderly suspension of programs and operations should a lapse occur, while continuing those limited activities authorized to continue during a lapse.”While the department’s scope covers a multitude of areas, the…
Check out the companies making the biggest moves midday: CSX — the railroad operator rose more than 3% after it named Steve Angel chief executive , replacing Joe Hinrichs. The management shake-up follows pressure by activist investor Ancora Holdings, which criticized declining efficiency at CSX and pushed for the company to consider mergers and acquisitions as the industry consolidates. Merus — The biotech company popped 36% after it agreed to be acquired by Denmark-based Genmab for $8 billion, or $97 per share , in cash. The deal is expected to close in the first quarter of 2026. Pony AI —…
More companies will be acquired after the latest deal to take Electronic Arts private, according to Goldman Sachs. Electronic Arts — the American video game company that said Monday it will be acquired by PIF, Silver Lake and Affinity Partners in an all-cash deal valued at $55 billion — marks the latest takeover in a mergers and acquisition boom on Wall Street, according to David Kostin, chief U.S. equity strategist at Goldman Sachs. Indeed, while the S & P 500 remains near its all-time high and concerns are mounting of an equity bubble, the chief strategist pointed out there’s still…
