Multimillion-Dollar Restaurant CEO Scaled Back His Luxury Spending on Range Rovers and McLarens Amid Economic Uncertainty
Multimillion-dollar restaurant CEO used to splurge on Range Rovers and McLarens—but he’s reining it in now, because today’s economy makes no sense When the big paychecks roll in after building a successful business, it may be tempting to splurge on designer clothes, luxury mansions, and high-tech gadgets. When Derrick Hayes—an entrepreneur who grew up in […]
US Stock Futures Show Mixed Trends as Earnings Reports Continue
US stock futures mixed amid more earnings reports US-Japan reach trade deal, setting tariff rate at 15% President Donald Trump said Japan will pay a tariff rate of 15%, which is lower than his initial threat of a 24% tariff. U.S stock futures are mixed amid more earnings reports, including from two of the so-called […]
U.S. Stock Futures Climb as Investors Anticipate Earnings Reports and Tariff Updates
US stock futures rise as investors eye more earnings and tariff news Trump to slap 30% tariffs on Mexico, EU beginning Aug. 1 President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs. U.S. stock futures rise as investors […]
A $100 Billion Enigma: Economists Investigating Tariffs and Inflation Unravel the Mystery
A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case Since the first weeks of President Donald Trump’s second term, when the president signaled a wholesale reimagining of the international trade system on a scale not seen in decades, mainstream economists have warned that prices would surge. The mantra, […]
Stock Markets Respond to Trump’s New Tariff Threats Aimed at the EU and Mexico
Stock markets react to Trump’s latest tariff threats against EU and Mexico July 14, 2025 / 6:54 AM EDT / CBS/AFP European markets mostly fell Monday as investors digested President Trump’s latest trade war salvos, which saw him threaten to hit the European Union and Mexico with 30% tariffs starting on August 1. Mr. Trump’s […]
Trump Delivers Scathing Threat to Canada in Unhinged Letter
Trump Takes a Blowtorch to Canada in Deranged Threat Letter President Donald Trump reignited America’s on-again, off-again trade war with Canada on Thursday in a catty letter to Prime Minister Mark Carney. Trump threatened to impose a 35 percent tariff on Canadian goods beginning Aug. 1 unless Canada decides to build or manufacture its products […]
US Stock Futures Dip as Investors Consider Additional Trump Tariffs
US stock futures lower as investors mull more Trump tariffs President Donald Trump pushes Fed to lower interest rates President Donald Trump sent a note to the Fed chair asking him to lower interest rates. U.S. stock futures are lower as investors mull more tariffs from President Donald Trump. Trump slapped a 50% tariff on […]
Trump’s Push for Apple to Produce All-American Phones Overlooks the Tech Giant That Tried and Failed
Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed The executives were well aware of the difficulties they would face in manufacturing a smartphone in the U.S. As with any great tech industry moonshot, the challenge was part of the appeal—and they embraced it. “Conventional wisdom said […]
US Stock Futures Hold Steady as Investors Anticipate Key Jobs Report
US stock futures little changed as investors await key jobs report Pressure on House to pass Trump’s ‘Big Beautiful Bill’ by July 4 deadline The pressure is one for House Republicans to pass President Trump’s massive tax cuts and spending bill by his July 4 deadline. Fox – 32 Chicago U.S.. stock futures are little […]
Trump’s Chip Tariff Threat Triggers Backlash from Auto and Tech Industries
Trump’s chip tariff threat sparks pushback from auto industry to tech Blowback to President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the technology industry and crypto enthusiasts, according to a review of more than 150 public comments on the […]