USANEWSBEST

Business & Finance

Stockpiling ahead of higher tariffs is a big mistake, experts say

Many consumers are rightfully concerned about escalating trade tensions. President Donald Trump on Saturday said he would impose 25% tariffs on goods from Mexico and Canada, and 10% tariffs on goods imported from China. He also signaled that tariffs on the European Union could be next. While Trump has agreed to halt the implementation of tariffs against Canada for at least 30 days […]

Business & Finance

Investors shouldn’t be surprised about Trump tariffs

CNBC’s Jim Cramer unpacked Monday’s market action, saying investors shouldn’t be shocked by President Donald Trump’s steep tariff hikes, which he promoted during his campaign. “Stop panicking when Trump does something you think is crazy, and remember that he promised to do most of this stuff before he was elected, and he still won,” Cramer […]

Business & Finance

Bitcoin drops, ether slammed after Trump’s tariffs cause global risk-off move

U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]

Business & Finance

AI chatbots emerged as a go-to tool for holiday shoppers. What that means for our retail stocks

There’s a new shopping sidekick in town: generative AI. Looking for gift ideas and bargains, online shoppers flocked to artificial intelligence chatbots in droves this holiday season. Retailers reaped the benefits, particularly portfolio name Amazon . Clicking on a link to a retail site provided by AI increased 1,300% year over year during November and […]

Business & Finance

Nvidia is rebounding after biggest market cap loss in history, but it’s a fragile bounce

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) 2025, showcasing the company’s latest innovations in Las Vegas, Nevada, USA, on January 6, 2025. Artur Widak | Anadolu | Getty Images Nvidia shares traded higher in the premarket Tuesday, as traders reassessed the implications of a much cheaper-to-build large-language model […]

Business & Finance

Trump’s crypto policy announcements spur industry optimism

Announcements by the Trump Administration in its first official week are creating new opportunities for the crypto industry. Following acting Securities and Exchange Commission Chair Mark Uyeda’s launch of a crypto task force on Tuesday, President Donald Trump signed an executive order promoting the advancement of cryptocurrencies in the U.S. Now, industry experts are considering […]