How to watch Portugal’s election like a pro – POLITICO
Surprisingly, one issue that didn’t come up was whether Montenegro would partner with the far right if he won the election but failed to secure a governing majority. Those fears abounded last year, but voters now appear satisfied the center-right politician can be trusted to keep the ultranationalists out of his executive. Unclear outlook If […]
How to profit from a Boeing comeback as it emerges as a trade war winner
Boeing stock rallied Thursday after President Donald Trump’s trade deal plan with the U.K. emerged. The major aerospace and defense firm surged higher as the U.K. will now be buying $10 billion worth of planes from Boeing, according to President Trump. I want to use options to own Boeing as the outcome of this first […]
How to avoid credit card late fees after a court threw out a proposed cap
NEW YORK (AP) — A Texas judge earlier this month threw out a federal rule that would have capped credit card late fees at $8. The Consumer Finance Protection Bureau finalized the rule last year as part of the Biden administration’s efforts to do away with what it called junk fees. It was paused by […]
How to know when it’s safe to start buying growth stocks again, according to the charts
The market environment was already rattled by wide-reaching tariffs and escalating trade tensions. Now President Donald Trump is turning up the volume on calls for Fed Chair Powell’s termination and the whole concept of Federal Reserve autonomy leaving investors very unsure of how to move forward. With Fed Fund futures markets showing the Fed is […]
Trump is studying how to remove Fed Chair Jerome Powell, economic adviser says
President Trump and his team are studying whether firing Federal Reserve Chair Jerome Powell is an option, according to National Economic Council Director Kevin Hassett. Though appointed by the president and approved by Congress, the Federal Reserve chair is an independent role. Powell was nominated to lead the Fed by Mr. Trump in 2017 and was […]
How to turn your stock market losses into a tax-savings windfall
Even sharp market sell-offs can have a silver lining for investors. Beyond today’s dollar losses, they may offer an opportunity to boost tax savings tomorrow. President Donald Trump’s April 2 announcement of “reciprocal” tariffs sent the major averages on a wild ride, spurring worries of stubborn inflation on one hand and heightened recession risk on […]
Vietnam reciprocal tariffs reflect trade deficit and ties to China
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]
How to tame tariff-related stress
There are a number alarming headlines flooding the news these days. President Donald Trump’s on-again off-again tariff announcements have sent the stock market on a rollercoaster and renewed fears of a coming recession among consumers and businesses alike. It’s understandable if your immediate response is to panic. “There’s no question that today’s headlines are coming […]
Retailers with most China, Vietnam sourcing and how to trade stocks
As trade tensions escalate over President Donald Trump’s tariffs policy , there are some retail stocks investors should watch out for that have significant sourcing exposure to certain affected countries, according to Bank of America. Last week, Trump announced sweeping new tariffs, including a 10% baseline duty that was imposed Saturday as well as a […]
Will the tariffs lead to a recession? Here’s how to know if we’re in one
WASHINGTON (AP) — President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession. The tariffs, set to take effect Wednesday, include a 10% blanket duty on nearly all countries and […]