Category Business

Business

Walmart CFO Predicts Price Hikes for Shoppers Under Proposed Trump Tariffs

Walmart CFO Warns Proposed Tariffs Could Hike Prices for Shoppers Walmart’s Chief Financial Officer, John David Rainey, has cautioned that tariffs proposed by President-elect Trump may result in higher costs for customers. In an interview with Liz Claman on The…

Leanna Becraft
November 23, 2024

News, Business

U.S. Stock Market Dominance Expected to Strengthen Under Trump’s Leadership

U.S. Stocks Outpace Global Peers as Investors Bet on Trump’s Economic Agenda U.S. equities are pulling ahead of global counterparts, with many investors forecasting further dominance in 2025 if President-elect Donald Trump’s economic policies can be implemented without sparking major…

Leanna Becraft
November 23, 2024

Business, News

ARC Global and Patrick Orlando Dump Nearly All of Their Stake in Trump Media

ARC Global Investments and its founder, Patrick Orlando, have significantly reduced their stake in Trump Media & Technology Group, the parent company of Truth Social. A recent regulatory filing reveals that they have offloaded nearly all of their shares, marking…

Leanna Becraft
November 18, 2024

Business

Pharma Stocks Fall as RFK Jr., Vaccine Skeptic, Nominated to Lead HHS

Pharmaceutical stocks saw a notable dip on Friday following President-elect Donald Trump’s controversial decision to nominate vaccine skeptic Robert F. Kennedy Jr. as the head of the Department of Health and Human Services (HHS). Shares of major COVID vaccine manufacturers,…

Leanna Becraft
November 17, 2024

News, Business

How Trump’s Tariffs Could Boost These 7 U.S. Stocks

How Trump’s Tariffs Could Help Certain U.S. Industries Thrive As President-elect Donald Trump’s proposed tariffs continue to make headlines, concerns are mounting about the potential negative impacts on some of the country’s biggest corporations. Many multinational companies in the S&P…

Leanna Becraft
November 17, 2024

Business

Stocks of Major Pharma Companies Drop After RFK Jr. Nominated for Health Role

Stocks Linked to Big Pharma Drop Following Robert F. Kennedy Jr.’s Nomination for Health Secretary Stocks of major pharmaceutical companies have seen a significant dip following the announcement of Robert F. Kennedy Jr.’s nomination as the next U.S. Secretary of…

Leanna Becraft
November 17, 2024

Business

Goldman Sachs Sees 20% S&P 500 Earnings Boost from Trump’s Tax Cuts

Goldman Sachs has raised its earnings forecast for the S&P 500, predicting a growth of more than 20% over the next two years. The investment bank’s optimistic projection is largely driven by the potential impact of President-elect Donald Trump’s proposed…

Leanna Becraft
November 13, 2024

Business

Watch Out! Credit Card Companies Are Charging $1.99 for Paper Statements—Find Out How to Opt Out

Two major credit card companies have recently come under fire for quietly implementing a $1.99 fee for customers who choose to receive paper statements instead of switching to digital billing. This shift aims to encourage users to embrace digital statements,…

Leanna Becraft
October 23, 2024

Business, News

Closing my account: Credit card companies are discreetly introducing a charge for paper statements

If you’re a customer of credit cards from major retailers, be prepared for a new fee that might impact your budgeting. Synchrony Bank, which partners with a range of well-known companies like Amazon, Walgreens, and Lowe’s, has begun charging $1.99…

Kylee Johnson
October 22, 2024

Business

Gold Prices Surge to Record High Amid US Election and Global Tensions

Gold prices have soared to a record high as investors seek refuge in the safe-haven asset amidst a tightening U.S. presidential race and escalating tensions in the Middle East. The price of gold reached an all-time high of £2,097.67 ($2,732.73)…

Leanna Becraft
October 22, 2024