Tesla Q3 Earnings: AI Costs, Tariffs Impact Results
Tesla's Q3 earnings reached $28.1B but missed expectations due to rising AI costs and tariffs. Regulatory credit declines and tax credit expiry also affected results.
Tariffs Impact: US Consumers’ Changing Shopping Habits
A study shows tariffs are changing US consumer behavior. Many are cutting spending, compromising on groceries, and value brand transparency regarding price increases due to tariffs. Openness is key.
US-China Trade Tensions: Tariffs, Dialogue, and Retaliation
US & China trade face tensions over tariffs. China warns against reigniting trade war and threatens retaliation. Dialogue and collaboration are crucial. Averages are US 51.1% and China 32.6%.
Bessent on Treasury & Fed, Tariffs & Economy
Treasury Secretary Bessent addresses leading both Treasury & Fed, tariff impacts, and a replacement for Fed Chairman Powell. Tariffs may cause a one-time cost bump but shouldn't increase inflation long-term.
Trade War Uncertainty: US CEOs Fear Recession Amid China Tensions
US CEOs worry about recession due to trade war uncertainty and China tensions. Tariffs could upend the economy, impacting US firms and global markets. A potential 'Deal of the Century' remains a slim hope.
Trump vs. Fed: Independence Under Threat
Trump criticizes the Fed and Powell, raising concerns about the Fed's independence and potential market turmoil. Tariffs, interest rates, and economic growth are key issues.
Shares of drone maker Unusual Machines surge more than 100% after Donald Trump Jr. joins advisory board
“I love what Unusual Machines is doing to bring drone manufacturing jobs back to the USA and am excited to take on a bigger role in the movement.”