Dow Plunges 650 Points as Trump’s Tariffs Raise Fears of Economic Slowdown
U.S. stocks faced a steep decline on Monday, erasing more of their post-election gains after President Donald Trump confirmed that new tariffs on Canada and Mexico would take effect within hours. The S&P 500 tumbled 1.8% as Trump declared that there was “no
Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges
Federal Reserve Chair Jerome Powell has skillfully navigated the U.S. economy through crises like the pandemic and record-high inflation. While inflation has dropped near the Fed’s 2% target, challenges loom large, with President-elect Donald Trump’s policies threatening to push prices back up. Inflation
Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know
Beer and liquor are often considered recession-proof, but they’re not immune to the impact of tariffs. President-elect Donald Trump’s proposal to impose a 25% tariff on imports from Canada and Mexico could significantly impact some of America’s favorite alcoholic beverages, including the nation’s