akmalazhar52901@gmail.com TORONTO (AP) — Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidies that give its industry an unfair advantage. The announcement came after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 23, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures ticked down Monday after a slide in technology stocks pressured the S&P 500 and Nasdaq Composite, while the Dow Jones Industrial Average closed at a … Read more
Luca Maestri speaks to newly graduated students during the visit of the President of the Council, Giuseppe Conte, to Apple and Cisco Academy. Marco Cantile | Lightrocket | Getty Images Apple announced Monday that it will replace Chief Financial Officer Luca Maestri on Jan. 1 with current Apple insider Kevan Parekh. Maestri will continue to … Read more
Heritage Foundation public finance economist E.J. Antoni discusses the Kroger-Albertsons potential merger and the rulings impact on the U.S. economy. The Federal Trade Commission (FTC) on Monday kicked off a trial amid its push to block Kroger’s $25 billion merger with Albertsons by alleging the deal would undermine competition in the grocery store industry and … Read more
08/26 update below. This post was originally published on August 25 Former U.S. president Donald Trump is gearing up for a bruising race for the White House and has already caused massive shock waves with radical plan to wipe out the spiraling $35 trillion U.S. debt pile. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor … Read more
Walmart and a Dutch manufacturer are voluntarily recalling apple juice sold under Walmart’s “Great Value” brand because of elevated levels of arsenic. According to a notice updated Friday on the Food and Drug Administration’s website, the recalled products were sold in states on the East Coast and in the southern United States, as well as … Read more
Oil prices jumped sharply on Monday amid a halt in Libyan oil production and heightened tensions in the Middle East. West Texas Intermediate (CL=F) rose as much as 3% to hover above $77 per barrel, while Brent (BZ=F), the international benchmark price, increased more than 2% to trade above $80 per barrel. Over the weekend, … Read more
Many children have gone back to school in the U.S., and the days are getting shorter, but there is still one more excuse to use the swimsuits and beach towels before packing them up: Labor Day. Airports, highways, beaches and theme parks are expected to be packed for the long holiday weekend as a lot … Read more
Thousands of homeowners who purchased a house within the last couple of years are itching for lower interest rates. And if you are among them, forced to take on a mortgage with a seven or close to eight percent rate, you’re probably considering refinancing. So with rates now around six-and-a-half percent, and falling, should you … Read more
US stocks were mixed in choppy trading on Monday as investors weighed the imminent arrival of interest-rate cuts and braced for a busy week dominated by Nvidia’s (NVDA) earnings report. The Dow Jones Industrial Average (^DJI) added as much as 200 points to reach a new intraday record high, before easing back to a 0.3% … Read more