President Trump’s cabinet has been busy rolling back regulations that will make it far easier to extract and produce fossil fuels. But who will buy them?Nearly everyone, it turns out, particularly under the threat of tariffs.At an annual energy-industry conference in Houston, executives spoke openly about how companies from around the world are seeking to buy American liquefied natural gas as a way of placating Mr. Trump’s demands to either balance trade or face punitive measures.“If you’re a nation who has a trade imbalance with the U.S., they’re all asking themselves, ‘What can we do to try to level the…
Author: usaeverydaylife
NY Attorney General Letitia James speaks during a press conference at the offices of the Attorney General on January 08, 2025 in New York City. Michael M. Santiago | Getty ImagesNew York Attorney General Letitia James on Thursday announced a bill to protect the state’s consumers and small businesses from scams and deceptive practices from lenders, debt collectors and health care firms.James said in a release that the legislation would bolster the state’s existing consumer protection law —which dates from 1970 and is more limited in scope — at a time when the Trump administration has hobbled the federal agency charged…
Ritholtz Wealth Management co-founder and CEO Josh Brown is doubling down on his view of four stocks even as the broad market stays under pressure. The S & P 500 entered a correction on Thursday , at least on an intraday basis, as investors continued to contend with uncertainty surrounding President Donald Trump’s trade policy in general and tariffs in particular. The broad market index is down more than 6% in 2025 and 4% so far this week. Here’s what Brown had to say on CNBC’s ” Halftime Report ” on Thursday about four key stocks he’s watching. AutoZone Brown…
Retail traders snapped up Tesla shares in recent days as the stock went through the ringer, according to JPMorgan. Everyday investors cumulatively bought $4.1 billion in stock of the electric vehicle maker since March 4, JPMorgan’s Kamal Tamboli told clients in a note published Wednesday. That insinuates ongoing support from mom-and-pop traders, even as the stock faced eye-popping declines during the period. “Their ‘buy-the-dip’ mentality is particularly strong for TSLA,” Tamboli told clients. Shares have dropped more than 19% this month and 40% since the start of 2025. A large chunk of the sell-off coming when the stock fell more…
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024.David Paul Morris/Bloomberg via Getty ImagesNvidia CEO Jensen Huang is expected to reveal details about Rubin, the chipmaker’s next AI graphics processor, on Tuesday at the company’s annual GTC conference. While other tech companies usually name their products using combinations of inscrutable letters and numbers, most of Nvidia’s most recent GPU architectures have been named after famous women scientists.Nvidia is naming its next critical AI chip platform after Vera Rubin, an American astronomer.The company has…
PALM DESERT, Calif. — It’s a drizzly gray morning in the desert and Lance Davis, the country’s most famous bee catcher, is slightly cranky. He is sitting in his office on the backside of an industrial complex in the middle of the Coachella Valley, with no bees, no honey, no work and no money.There’s rain in the forecast all afternoon. Davis’ equipment, a “Ghostbusters”-style vacuum that hoovers up swarms of bees without killing them and allows him to relocate them to his apiary 35 miles east, can’t operate in the wet.He’s the guy that saved Indian Wells last year, when…
Apple is having a particularly rough week as its latest announcement has killed hopes that artificial intelligence would soon drive a new iPhone upgrade cycle. Wall Street is getting restless waiting for Apple to prove its artificial intelligence prowess, having been unimpressed for several months with the iPhone maker’s inability to develop an AI-powered product that could translate into greater sales. The latest disappointment came last Friday: Apple announced it is delaying AI improvements to its Siri voice assistant to 2026. Those new capabilities were previously expected to debut this spring. Investors punished the stock this week, sending it lower…
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With the S & P 500 already about 10% off its February high, investors are anxiously awaiting some sign of a tradeable low. Based on our analysis of market breadth indicators in mid-March, investors may have to wait a bit longer for a meaningful market bottom. Today we’ll break down three market breadth indicators that suggest further potential downside before this downtrend phase is exhausted. One of the simplest measures of market breadth, the cumulative advance-decline line, is created by calculating a running total of the daily data on advancers versus decliners. This allows us to chart the trend of the…
US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13, 2025.Mandel Ngan | Afp | Getty ImagesPresident Donald Trump on Thursday doubled down on his escalating tariff plans, even as his economic agenda continued to rattle investors and contribute to a weekslong stock market sell-off.”I’m not going to bend at all,” Trump said when asked about his tariff plans during an Oval Office meeting with NATO Secretary General Mark Rutte.Trump specifically said he would not change his mind about…