Author: usaeverydaylife

Then U.S. President-elect Donald Trump and Italian Prime Minister Giorgia Meloni at Mar-a-Lago in Palm Beach, Florida, on Jan. 4, 2025.Italian Government | ReutersItalian Prime Minister Giorgia Meloni is set to meet U.S. President Donald Trump on Thursday amid a tense trade standoff with the European Union over tariffs.Meloni’s visit to Washington makes her the first European leader to meet the president since he announced tariffs on European imports earlier this month.Trump is a fan of Meloni, the leader of the right-wing populist Brothers of Italy party — one that has risen in prominence along with a tide of other…

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One of the most challenging parts of starting the homebuying process is figuring out how much you can afford .With CNBC Select’s mortgage payment calculator, you can see how various factors — including home price, loan term, interest rate, down payment and even the state you live in — will change the size of your monthly housing payment.In addition to the principal and interest, the program estimates private mortgage insurance (PMI), property taxes and homeowners insurance to give you a clearer picture of what your monthly outlay will be.For example, let’s say you’re eyeing a lovely $300,000 rancher in Sioux…

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The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England.Anna Barclay | Getty Images News | Getty ImagesOil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm’s green strategy U-turn.A planned resolution on the reelection of outgoing BP Chair Helge Lund has been billed as an opportunity for investors to signal discontent on climate change, corporate governance and the influence of U.S. hedge fund Elliott Management.Britain’s…

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A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips.Here are TSMC’s first-quarter results versus LSEG consensus estimates:Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expectedNet income: NT$361.56 billion, vs. NT$354.14 billion TSMC’s reported net income increased 60.3% from a year ago to NT$361.56 billion, while net revenue in the…

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Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty ImagesDETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due to tariffs, according to auto dealers and industry analysis.The days’ supply of new vehicles – calculated by an estimated daily retail sales rate – dropped from 91 days at the beginning of March to 70 days this month, according to Cox Automotive. Used vehicle days’ supply, which…

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Dilara Irem Sancar | Anadolu | Getty ImagesChina last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying any further increases by the U.S. would be a “joke,” and Beijing would “ignore” them.Instead of continuing to focus on tariffing goods, however, China has chosen to resort to other measures, including steps targeting the American services sector.Trump has jacked up U.S. levies on select goods from China by up to 245% after several rounds of tit-for-tat measures with Beijing in recent weeks. Before calling it a “meaningless numbers game,” China last week imposed additional duties on imports…

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A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017.David Gray | ReutersNew Zealand consumer prices rose faster than expected in the first quarter as fresh food, petrol and education costs spiked, though most of the gains were temporary and markets still fully expected further cuts in interest rates.Data from Statistics New Zealand out Thursday showed the consumer price index rose 0.9% in the March quarter from the prior quarter, above market forecasts of a 0.7% increase.Prices were up 2.5% on a year earlier, compared to…

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In a volatile moment for the market, we took a modified approach to our Monthly Meeting for April, with Jim Cramer and Director of Portfolio Analysis answering more questions from members than usual. We used their responses to put together a rapid-fire update on most stocks in the portfolio – and while a few names were not covered during the meeting, we circled back on them afterward to provide our latest thinking on them, as well. Those stocks were: Broadcom, BlackRock, Disney and Home Depot.    Source link

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