United States President Donald Trump speaks to the Press before departs at the White House to Alligator Alcatraz, Florida on July 1, 2025, in Washington DC. Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump’s politically charged new tariff threat — a blanket 50% duty on imports from Brazil — stretches an interpretation of his powers that is already facing a high-stakes court challenge.Trump said in a letter Wednesday that he is imposing the massive new tariff at least partly in retaliation against Brazil’s treatment of its former president, Jair Bolsonaro.But to do so, he is citing a law that…
Author: usaeverydaylife
Nurphoto | Nurphoto | Getty ImagesDelta Air Lines is studying new types of airplane tickets — this time in the premium cabins at the front of the plane.Airlines spent years slicing up their coach cabins, from extra legroom seats to bare-bones basic economy fares that don’t allow changes or include a seat assignment. Delta was a pioneer in the U.S. when it launched basic economy fares over a decade ago with rivals United Airlines, American Airlines and others following suit.But now airline executives are turning their focus to their premium cabins, where demand is holding up better this year than…
Here are Thursday’s biggest calls on Wall Street: BMO initiates TransUnion as outperform BMO said the credit bureau company is a best idea. “We are initiating coverage of TransUnion (TRU) with an Outperform rating as our top pick amongst our Information Services coverage.” Guggenheim initiates Equinix as buy Goldman said shares are compelling at current levels. “We are initiating research coverage of Equinix, Inc. with a Buy rating and a price target of $933 per share. We believe that the stock’s recent decline has provided investors with an attractive buying opportunity.” Goldman Sachs initiates Lam Research and Seagate as buy…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFmr. NBA Star and Hall of Fame inductee Grant Hill sits down with CNBC’s Dom Chu at the American Century Golf Tournament to talk his endeavors post-NBA and the growth of sport investing. Source link
In a Thursday interview with CNBC’s Jim Cramer, Levi Strauss CEO Michelle Gass reviewed the apparel maker’s most recent quarter and explained that strong business abroad helps shield the company from the effects of new U.S. tariffs.”We are competitively positioned better than most as it relates to tariffs,” Gass said. “Number one, 60% of our business is international now.”Gass noted that the denim retailer has “assumed tariffs” in the guidance for the most recent quarter — 30% from China and 10% from the rest of the world. She also said Levi’s exposure to China is minimal. The company has longstanding…
Tough talk on tariffs, reports of border detentions and unfavorable exchange rates are putting some travelers, especially Canadians, off trips to the United States this year.But those in Asia say they’re avoiding trips to the U.S. for different reasons.Nearly 80% of Southeast Asian travelers said the United States is losing appeal as a travel destination, according to a CNBC Travel survey.One in four said their interest in visiting the country declined in the past six months, with respondents saying they’re more concerned about potential discrimination, actions by the Trump administration and gun violence than they are about costs.News about tariffs…
Advanced Micro Devices’ latest chip release has thrust the company back into the AI game with a potential to rival Nvidia, according to HSBC. Analyst Frank Lee upgraded the chipmaker to buy from hold with a revised price target of $200, which suggests a whopping 44.5% potential upside for the stock. Lee’s previous price target on shares was $100. According to Lee, AMD’s recently launched MI350 series has a significant pricing premium and performance upgrades that can compete with Nvidia Blackwell line — specifically its latest-gen HGX B200 AI graphics processing unit. He wrote that he is now “turning bullish…
The final trades of the day with the Fast Money traders. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) on July 07, 2025, in New York City.Spencer Platt | Getty Images News | Getty ImagesU.S. equity futures were little changed Thursday evening after investors continued piling into risk assets, sending the S&P 500 and Nasdaq Composite to new closing records.Futures tied to the benchmark S&P 500 edged higher by 0.04%. Nasdaq 100 futures rose 0.08%. Dow Jones Industrial Average futures were also flat. In regular trading, the broad market S&P gained 0.27% to end the day at 6,280.46, while the tech-focused Nasdaq finished higher by 0.09% at…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJulia Boorstin interviews Clear CEO Caryn Seidman-Becker in Sun Valley about how the company is using AI and striking new partnerships to grow outside of its airport security offerings. Source link
