Tag: tariffs
Walmart Faces Backlash After Announcing Price Hikes Amid Tariff Pressures
Walmart has confirmed it will raise prices on select items due to rising costs from U.S.-China tariffs, sparking criticism from former President Donald Trump. Despite political pressure, Walmart executives say the move is necessary to offset inflationary...
Stock Market Today: S&P 500 Ends 6-Day Winning Streak as Trade Optimism Fades
U.S. stocks retreated on Tuesday, May 20, 2025, snapping the S&P 500’s six-day winning streak as investor sentiment cooled amid fading enthusiasm over recent tariff relief. The Dow, Nasdaq, and S&P 500 all posted modest declines as concerns about...
Trump’s Second Term Ignites Wall Street Records, AI Investments Surge Amid Inflation Concerns
This week, Wall Street celebrated new records as Donald Trump commenced his second term, driven by the launch of the ambitious AI Stargate project and strong quarterly earnings. While tech stocks, including semiconductors, thrived, rising inflation and ta...
Dollar Plummets Below 50-Day Moving Average as Trump's Trade Promises Falter
The U.S. dollar experienced a significant drop this week, falling below its 50-day moving average after President Trump's initial executive orders failed to deliver on aggressive tariffs. As markets reacted to the uncertainty, safe-haven assets like gold...