You know those super-cheap Ikea prices that make us all happy? Well, they might not stay that way. The boss of the company that runs most Ikea stores says tariffs, like the ones Donald Trump wants to put on goods from Mexico, Canada, and China, make it tough to keep prices low. He's worried these ta
Donald Trump just added two key players to his economic team. Jamieson Greer, a lawyer from Washington, has been chosen to be the new US trade representative. Greer is no stranger to trade policy; he used to work closely with Robert Lighthizer, who was the trade representative during Trump's first t
Imagine paying more for your favorite fruits, veggies, and even beer from south of the border. The U. S. imports a lot of its fresh produce from Mexico, which could reportedly face new tariffs under Trump. The bottom line? You might feel the pinch in your wallet while shopping. Mexico is a major su
U. S. stocks had a major celebration on Monday, with big indexes hitting all-time peaks. Meanwhile, Asia-Pacific markets took a small dip on Tuesday, with Japan's Nikkei 225 dropping 1. 38%. Chinese and Hong Kong markets stayed steady. Investors are cheering for Scott Bessent, Donald Trump's choice
Mexico's leader, Claudia Sheinbaum, has responded strongly to Donald Trump's proposed tariffs on Mexican goods. Trump wants to slap a 25% tax on all imports from Mexico and Canada, blaming them for not doing enough to stop illegal migration and drug trafficking. Sheinbaum disagrees, saying threats a
Ever wondered how geopolitics can affect your beer budget? Let's dive into the recent buzz around Constellation Brands andDonald Trump's tariff proposals. When Trump hints at slapping a 25% tariff on Mexican imports, it sends ripples through the beer market. Why? Well, Constellation Brands brings in
Best Buy's third quarter of 2025 hasn't been as jolly as they hoped. Sales haven't taken off like expected, and the company is now predicting a smaller annual revenue. Why the slowdown? Early holiday shopping and new tech releases didn't draw as many shoppers as Best Buy had hoped. Even with new iPh
Citadel's founder Ken Griffin hinted that he might sell a small part of his hedge fund someday. He made this comment at an event in New York. Griffin said it was a smart move to sell a piece of Citadel Securities to Sequoia and Paradigm in 2022. This deal put the firm's value at $22 billion. Griffi
Former President Donald Trump recently announced his intention to impose significant tariffs on imports from Canada, Mexico, and China. He plans to hit all products from these countries with a 25% tariff, specifically targeting Canada and Mexico. Additionally, he proposed an extra 10% tariff on Chin
Scott Bessent, a billionaire investor, has been chosen by President-elect Trump to lead the Treasury Department. This is a surprising move, given Bessent's history of supporting Democratic candidates and working for George Soros, a prominent Democratic donor. However, Bessent has been in Trump's cir
