Stock Market Plunges: Dow Sinks 800 Points as Yields Rise, Trump Budget Stalls
Stock market losses deepened on Wednesday as major indexes dropped sharply in late afternoon trading. The Dow Jones Industrial Average tumbled more than 800 points, while the Nasdaq reversed earlier gains, driven by rising Treasury yields and political uncertainty in Washington over President
How Much Would a 100% ‘Made in the USA’ Car Cost? The Complex Reality Behind American-Made Vehicles
Complex Global Supply ChainsEven when a vehicle is assembled entirely in the U.S., many of its parts and materials come from abroad. For example, the 2025 Ford Expedition built in Kentucky is labeled only 58% foreign-made, with 22% of that coming from Mexico.
Bombas Appoints Ex-Under Armour Exec Jason LaRose as CEO to Drive Retail Expansion
Bombas, the popular sock and T-shirt brand that gained fame on Shark Tank, is entering a new phase of growth. The company has announced that co-founder David Heath is stepping down as CEO. Taking over is Jason LaRose, a seasoned retail executive with
Markets Surge as U.S.-China Reach Temporary Trade Deal, Boosting Global Optimism
In a major boost for global markets, the U.S. and China have agreed to temporarily reduce tariffs after successful trade talks held in Switzerland over the weekend. The announcement sparked a global rally in stocks and renewed confidence among investors. Key Highlights: U.S.
US-China Trade Talks Begin in Geneva Amid Soaring Tariffs and Economic Strain
High-level trade negotiations between the United States and China have officially begun in Geneva, Switzerland, aiming to ease tensions in the ongoing trade war triggered by former President Donald Trump’s heavy tariffs. Leading the Chinese delegation is Vice Premier He Lifeng, while the
Disney Surprises Wall Street with Strong Q2 Earnings and Disney+ Subscriber Growth
Disney has reported strong second-quarter earnings for fiscal year 2025, surprising Wall Street with a rise in Disney+ subscribers and better-than-expected financial performance. 📈 Key Highlights: 📊 Streaming Growth Drives Results Despite earlier forecasts predicting a drop in subscribers, Disney+ saw an unexpected
U.S. Stock Market Falls as Buffett Announces Exit; Microsoft Surges, Apple and Skechers in Focus
On Monday, U.S. stocks fell, breaking a nine-day winning streak for both the S&P 500 and Dow Jones Industrial Average. Several key companies made headlines with major updates that influenced their stock prices. Berkshire Hathaway Drops After Warren Buffett’s Exit Announcement Berkshire Hathaway
Tesla Chair Denies CEO Search Rumors, Backs Elon Musk Amid Investor Concerns
Tesla’s board chair, Robyn Denholm, has strongly denied a media report claiming the company is looking for a new CEO to replace Elon Musk. The report, originally published by the Wall Street Journal, stated that Tesla board members had contacted recruitment firms to
PSX Rises 800 Points After IMF Loan Announcement: Market Rebounds Amid Economic Optimism
Market Rebounds After Recent Drop The Pakistan Stock Exchange (PSX) made a strong comeback on Tuesday. The KSE-100 index jumped by 808 points, ending at 114,872.18, compared to the previous close of 114,063.90. This increase came after a sharp fall earlier in the
“Rising Use of Buy Now, Pay Later Loans for Groceries as Late Payments Surge in 2025”
Growing Dependence on BNPL for Everyday Essentials A new LendingTree survey reveals a sharp increase in Americans using buy now, pay later (BNPL) loans to purchase groceries. According to the data, 25% of BNPL users are now financing grocery bills through these loans