impact
Carmakers won’t evenly be impacted by President Trump’s tariffs against Mexico and Canada.Some US companies rely heavily on Mexico or Canada to produce and import their cars.Even those with a strong US presence, such as Tesla and Rivian, will still feel the effects.For American automakers, the consequences of President Donald…
Point72 founder and New York Mets owner Steve Cohen spoke at iConnections’ Miami conference Tuesday.Cohen said Chinese company DeepSeek’s recent breakthroughs are good for the AI industry overall.”It advances the move to artificial superintelligence. And that’s coming, it’s coming quick,” he said.Billionaire Steve Cohen isn’t worried that the US has…
Investing.com – US corporate credit spreads are tipped to finish the year slightly wider than their recently tight range as inflation and growth ease, according to analysts at UBS. However, in a note to clients this week, the analysts led by James Martin suggested that President Donald Trump’s plan to impose…
Investing.com — The re-election of Donald Trump as the 47th president is predicted to bring substantial changes to financial markets, potentially impacting growth, inflation, and investor strategies. The world’s largest economy is on the brink of a new era, with investors globally being advised to brace for increased market volatility.…
By Suzanne McGee, Davide Barbuscia (Reuters) -Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region’s destructive wildfires on their operations, with some relocating office space and supporting staff members who have lost their homes. The Los Angeles area is…
The latest US sanctions on Russia’s energy sector impact China and India, altering trade dynamics.The sanctions target Russian oil giants and tankers, raising oil prices to a four-month high.China and India may seek oil from other regions, while Russia might offer discounts.The US’ latest move to hit Russia’s energy revenues…
Investing.com – President-elect Donald Trump has vowed to impose tariffs of as much as 10% on global imports into the US and 60% on items coming from China, as well as a 25% surcharge on products from Canada and Mexico. Many investors, who initially welcomed the prospect of looser regulation and…
By Amina Niasse and Ross Kerber NEW YORK / BOSTON (Reuters) – UnitedHealth Group (NYSE:) shareholders on Wednesday said they requested the company prepare a report on the costs and public health impact related to its “practices that limit or delay access to healthcare.” If the proposal makes it to…
Lindsey C. Gibson, a psychologist, coined the term “emotionally immature parents.”She said there are 4 types, from reactive and critical to passive and emotionally absent.Most parents fall into one type, and all types can negatively impact kids in the long term.Relationships with parents or caregivers can be strained for many…
Investing.com — In a Tuesday note to clients, Deutsche Bank (ETR:) analysts shared their five key takeaways from their recent expert call with Curtis Dubay, the Chief Economist at the US Chamber of Commerce, where they discussed the impact of Trump 2.0 on the auto industry. 1) The discussion highlighted…