Shares of fabless chip and software maker Broadcom (NASDAQAVGO)
fell 6.3% in the afternoon session as the major indices tumbled after the Trump administration confirmed that the planned 25% tariffs on imports from Canada and Mexico, two of the largest trading partners of the United States, would proceed as planned. The news added to the market's growing unease, which had been building since the start of 2025. For Wall Street analysts, investors, and businesses, the announcement underscored the urgent need to plan ahead and factor the potential downside of the tariffs into their financial forecasts. Key concerns included rising production costs, which are often passed on to consumers, and the risk of inflation, further heightening economic uncertainty.
Shares of exercise equipment company Peloton (NASDAQPTON)
fell 5.8% in the afternoon session as the major indices tumbled after the Trump administration confirmed that the planned 25% tariffs on imports from Canada and Mexico, two of the largest trading partners of the United States, would proceed as planned. The news added to the market's growing unease, which had been building since the start of 2025. For Wall Street analysts, investors, and businesses, the announcement underscored the urgent need to plan ahead and factor the potential downside of the tariffs into their financial forecasts. Key concerns included rising production costs, which are often passed on to consumers, and the risk of inflation, further heightening economic uncertainty.
Shares of networking chips designer Marvell Technology (NASDAQMRVL)
fell 5.9% in the afternoon session as the major indices tumbled after the Trump administration confirmed that the planned 25% tariffs on imports from Canada and Mexico, two of the largest trading partners of the United States, would proceed as planned. The news added to the market's growing unease, which had been building since the start of 2025. For Wall Street analysts, investors, and businesses, the announcement underscored the urgent need to plan ahead and factor the potential downside of the tariffs into their financial forecasts. Key concerns included rising production costs, which are often passed on to consumers, and the risk of inflation, further heightening economic uncertainty.
The Fed would not work without the government granting it exclusive control of the issue of banknotes. Not coincidentally, the Fed has become a reliable buyer of its debt.
A CoinShares report attributed the record outflows to the recent Bybit hack, a more hawkish Federal Reserve, and profit-taking after a 19-week inflow streak that saw $29 billion pour into crypto funds.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the health insurance providers stocks, including Progyny (NASDAQPGNY) and its peers.
Indian startup Mintoak, backed by global payments giant PayPal Holdings Inc. has acquired fintech player Digiledge, marking the first acquisition in the country's developing central bank digital currency space.
Investors come into the new week with some hope that we will see a de-escalation in trade tension. Looking ahead, we get Canada manufacturing PMIs, US ISM manufacturing, construction spending and some Fed speak.
The potential impact from President Donald Trump’s tariffs, the continuing uncertainty surrounding the Federal Reserve rate outlook and mixed earnings served as pushbacks in February.
Birch Gold Group has today released a free report on How Gold and Silver Can Protect Your Savings Today titled 2025 Birch Gold Info Kit. For those interested in downloading the report at no cost, it is currently available at https://bitira.go2cloud.org/SH9f
The EUR/USD forecast shows a rebound in the euro. The meeting between the US president and Ukraine’s president went south. Market participants are pricing a 79% chance of a Fed rate cut in June
A proposed tax on employer-sponsored health insurance could raise costs for small businesses and independent workers. Experts warn that the policy may reduce access to affordable coverage, making it harder for individuals to secure quality medical care while increasing financial strain on families and employers.
Houston, United States - March 03, 2025 - The guide, launched in 2014 and fully updated as of 2025, helps individuals who are interested in diversifying their portfolios by investing in precious metals but are unsure of how to start. The resource, compiled by Gold IRA Companies Bulletin founder Doug Young - a highly respected authority on precious metal investment and retirement planning - empowers readers to make smarter, informed decisions about retirement investments.
The right travel credit card can earn you free flights and discounted trips. You can't afford to ignore the following six tips when selecting your next card.
March 3, 2025 -- Frugal Flyer, a website dedicated to traveling using credit card rewards, has announced its "Best Credit Card Awards" in Canada for 2025. This year, 17 credit cards have been given awards that identify them as best in class.
A little over a month ago as Donald Trump was about to take office as President, the 10-year Treasury note yield hit 4.80%. Almost every economist was writing that the 10-year would hit 5% due to inflation from tariffs. Some disagreed - and still do.
