In an unexpected turn of events, the U.S. and China have come to a provisional agreement to lower tariffs on imports, leading to a remarkable rally among Big Tech stocks. The tariff reductions, which bring U.S. duties on Chinese imports down to 30% and China’s tariffs on U.S. goods to 10%, create an exhilarating atmosphere
Finance
In an era where information is abundant and technology is at our fingertips, one would expect sound financial acumen to be commonplace. Yet, industry veterans like Ric Edelman, founder of Edelman Financial Engines, contend that the United States is languishing in financial literacy. During a recent conversation on CNBC’s “ETF Edge,” Edelman expressed profound discontent
In 2025, a surprising pivot is occurring in the world of corporate earnings calls, with the term “tariffs” reigning supreme over the once-cherished discussions on artificial intelligence (AI). An analysis by CNBC revealed that over 350 companies listed on the S&P 500 brought up tariffs during their first-quarter earnings calls, a stark contrast to the
In a world where the job market is simultaneously booming yet seemingly insurmountable for job seekers, one must genuinely question the validity of the old adage “it’s a job seeker’s market.” Despite an unemployment rate that hovers around 4.2% and businesses driving job growth at a level that exceeds many projections, the reality for those
In a financial landscape often marred by unpredictability, Disney’s recent performance stands out as an undeniable beacon of success. With shares soaring over 7%, the media and entertainment giant reported adjusted earnings per share of $1.45 from a revenue of $23.62 billion, surpassing analysts’ cautious predictions of $1.20 and $23.14 billion, respectively. What is most
In an unexpected twist, President Donald Trump indicated that the nation is in no rush to finalize trade agreements with international partners, significantly contradicting his administration’s previous positioning. During a meeting with Canada’s Prime Minister Mark Carney, Trump remarked, “We don’t have to sign deals, they have to sign deals with us.” This dismissive attitude
Warren Buffett’s announcement of his impending retirement as CEO of Berkshire Hathaway marks a significant turning point in the business world. After an awe-inspiring 60-year tenure, Buffett has positioned his company as an unrivaled titan, evolving from a struggling textile manufacturer into a nearly $1.2 trillion conglomerate spanning multiple industries. His choice of timing—revealing this
Warren Buffett, a titan of finance and a voice of reason in tumultuous times, recently articulated a perspective that reverberates well beyond the walls of the annual Berkshire Hathaway meeting. At an age when many retreat into silence, Buffett stands firm, issuing caution against the rising tide of isolationism and protectionism that threatens to unravel
Tether, the leading stablecoin in the market, is making headlines with its plans to launch a U.S.-based stablecoin by the end of this year or early next year. This ambitious undertaking is not merely about entering a crowded market; it symbolizes Tether’s effort to shed its controversial past and redefine its role within the convoluted
The allure of gold has always captivated investors, especially during uncertain economic times. Recent sky-high prices, where gold reached an unprecedented spot price above $3,500 per ounce, have solidified its status as a safe haven. However, hidden beneath this shiny facade lies a harsh reality for those investing in gold exchange-traded funds (ETFs): a staggering