Michelle Bowman, a well-known figure in the banking world, has been chosen for a big role at the Federal Reserve. She's now the vice-chair for supervision, a position that's crucial for overseeing banks and financial institutions. This move by Donald Trump is seen as a shift towards lighter regulati
Intel has a new leader in town. Lip-Bu Tan, the former CEO of Cadence Design Systems, will step into the role of Intel's CEO on March 18th. This move comes after a long search for a permanent replacement for Pat Gelsinger, who retired at the end of last year. Tan's appointment is a big deal for Inte
The auto industry is facing a tough time due to new tariffs on steel and aluminum. These metals are crucial for car manufacturing, and the increased tariffs will make them more expensive. The U. S. government has imposed a 25% tariff on steel and raised the aluminum tariff from 10% to 25%. This move
In the world of stocks, things can get pretty confusing. On a recent Thursday, the Asia-Pacific markets were all over the place. This happened after a report from the U. S. showed that inflation wasn't as bad as some people thought. This report helped two out of three major stock indexes in the U. S
The economic outlook for 2025 is causing some worry. The stock market is feeling the effects of recent tariff plans and government actions. The Federal Reserve Bank of Atlanta's latest GDP forecast shows a possible economic slowdown. The price of gold has gone up by nearly $300 since the start of
The market is in a rough patch, but there are stocks that can help you weather the storm. Two companies stand out as potential havens in this uncertain time. First up, let's talk about Waste Management. This company is known for handling trash and recycling. It's a steady performer, with a low b
Trump's recent threats of steep tariffs against Canada sent shockwaves through the market on Tuesday. Investors were left in a state of confusion. Stocks initially dropped sharply before recovering some losses by the end of the day. The S&P 500 index hit a low point, falling 1. 5 percent before c
Scammers are having a field day. In 2024, the U. S. Federal Trade Commission (FTC) received 2. 6 million reports of fraud. The total losses? A staggering $12. 5 billion. This is a huge increase from the $2. 5 billion lost in 2023. The most common way people lost money was through social media. Scamm
Tesla's stock is bouncing back slightly after a rough day. The boost comes from President Trump's promise to buy a new Tesla EV, which might help smooth over some recent political tension. But, a top analyst, Dan Ives, has some tough words for Tesla's CEO, Elon Musk. Ives thinks Musk needs to find a
On Tuesday, the stock market took a hit. Investors were left scratching their heads over President Trump's latest tariff threats. This time, Canada was in the crosshairs. The S&P 500 index dipped almost 1 percent, adding to Monday's losses, which was the worst day of the year so far. The tech-focuse
