Trump announced the creation of $1000 government investment accounts for American newborns. These tax-deferred accounts will track the stock market, The Guardian reports. On June 9, Donald Trump unveiled a federal program that would create government-funded investment accounts for…
The global trade war, started by US President Donald Trump with massive tariffs, escalated on Monday. Trump threatened to increase tariffs on Chinese goods, and the European Union proposed retaliatory measures, Reuters reports. Financial markets around the world posted losses for the third day in a row. Investors…
It’s understandable that the turbulence on Wall Street is taking a toll on your investments, and that’s a cause for concern. But be careful not to make hasty financial decisions, The Washington Post warns. The stock market has taken a spectacular dive after President Donald Trump announced massive tariffs,…
Trump has long boasted about the market's success during his first term as president. But after stocks plunged, with the S&P 500 index having its worst day since September, his rhetoric changed, NBC News reports. When President Donald Trump last month…
Wall Street and Silicon Valley were shocked on January 27 by DeepSeek, a Chinese artificial intelligence startup. The creators of the new product claim that this advanced model cost much less than AI samples created by American companies, the New York Post writes. Shares of Nvidia and…
The COVID-19 pandemic has wreaked havoc on global markets, causing daily fluctuations and making it difficult to find a safe place for your money, CNBC reported. The S&P 500 lost a fifth of its value during the first quarter of the year, its biggest loss since the world ...
US indices closed with their worst decline since 1987. The indices dropped to 10% at the close of trading. The fall could not be interrupted even by the intervention of the Federal Reserve Bank in the amount of $ 1,5 trillion, Vedomosti reports. According to the newspaper, the Dow Jones index ...
The coronavirus will continue to shake the global economy. There is a decline in the stock market, an approaching recession, and a decline in interest rates by the Fed, reports USA Today. All this is reminiscent of the 2008 crisis. For many Americans, the decline in the sales market and the growing talk of a recession in the past few weeks, fueled by the global ...
The US stock market has added nearly $ 6,9 trillion since the election of Donald Trump as President of the United States. This is almost half of how much the US stock market has grown over the entire 8 years of President Barack Obama's tenure, writes Yahoo. The total capitalization of the stock ...
Trader Igor Dubovoy admitted in an American court that he was involved in an international hacker network that extracted and used non-public corporate information for trading in the stock market, Bloomberg reported. The 29-year-old Dubovoy, who bought the companies' reports obtained before the official publication from hackers, ...