The ‘Fast Money’ traders talk the impact of the latest tariff news from Pres. Trump on the markets. Source link
Author: usaeverydaylife
A search and rescue volunteer holds a T-shirt and backpack with the words Camp Mystic on them in Comfort, Texas on July 6, 2025. Danielle Villasana | The Washington Post | Getty ImagesThe death toll from catastrophic flooding in Texas over the July Fourth weekend surpassed 100 on Monday as search-and-rescue teams continued to wade into swollen rivers and use heavy equipment to untangle trees as part of the massive search for missing people.Authorities overseeing the search for flood victims said they will wait to address questions about weather warnings and why some summer camps did not evacuate ahead of the flooding…
U.S. President Donald Trump and First Lady Melania Trump share a kiss as they watch fireworks during a Fourth of July celebration at the White House on July 4, 2025 in Washington, DC, U.S.Eric Lee | Getty Images News | Getty Images Paramours wanting to court each other have, through the decades, moved on from love letters to Instagram DMs.But some form of that epistolary tradition remains today in the stately realm of politics. U.S. President Donald Trump revealed Monday that he had written letters to the leaders of 12 countries, informing them of new tariff rates due to begin…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSteve Eisman, Host of ‘The Real Eisman Playbook’, joins ‘Fast Money’ to discuss why he believes worry over the size of the U.S. budget deficit are over blown. Source link
IBM has been a hot stock, and CNBC’s Jim Cramer said CEO Arvind Krishna is to thank for Big Blue finding its mojo once again. “This is the kind of thing that’s quietly happening, that people are making a lot of money in, and it doesn’t get mentioned other than the day of earnings,” Cramer said Monday on “Squawk on the Street.” He added, “I salute this man, Arvind Krishna.” When Krishna took over as CEO in April 2020, IBM was struggling to grow its sales and was generally seen as a legacy technology giant past its prime. Krishna has…
Latest wage data highlights that inflation could be taking a substantial bite out of incomes in Japan, despite incomes in the country rising. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSteve Eisman, Host of ‘The Real Eisman Playbook’, joins ‘Fast Money’ to discuss why he believes worry over the size of the U.S. budget deficit are over blown. Source link
Jackal Pan | Moment | Getty ImagesAsia-Pacific markets mostly rose after U.S. President Donald Trump announced steep tariffs on 14 trading partners, including Japan and South Korea.Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the letters Trump posted on Truth Social.Other Asia-Pacific markets facing higher tariffs include Indonesia, which will be hit with a 32% excise duty, Bangladesh, which was slapped with a 35% duty, as well as Cambodia and Thailand, which are set for 36% tariff rates, the president’s letters indicated.Meanwhile, imports from Laos…
Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the weekend that Zohran Mamdani, who won the Democratic primary last month, “comes from a culture that lies about everything” and is out to advance “his Islamist agenda.”The post had 5.3 million views as of Monday afternoon. Maguire, whose investments include Elon Musk’s SpaceX and X…
Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025.David Paul Morris | Bloomberg | Getty ImagesSouth Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia. The memory chip and smartphone maker said in its guidance that operating profit for the quarter ending June was projected to be around 4.6 trillion won, down from 10.44 trillion Korean won year over year.The figure is a deeper plunge compared to smart estimates from LSEG, which are…
