U.S. booze stocks tumble as Canada prepares to retaliate against Trump tariffs
Constellation Brands led a selloff of U.S. alcohol stocks on Monday as Canada retaliated against Donald Trump’s tariffs.
‘How do I shield my retirement savings?’ I’m worried they won’t have time to recover from Trump’s trade war
“I’ve been in the nonprofit world my entire career, so my 403(b) is less than $500,000.”
Trump tariffs could threaten Hollywood production, box office recovery
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images LOS ANGELES — President Donald Trump just picked a fight with Hollywood’s best friend. Known as Hollywood North, Canada has been a bustling production hub for American film and television series for decades. In addition to […]
Larry Summers on Trump tariffs: ‘This is a stop-or-I’ll-shoot-myself-in-the-foot’ kind of policy
Former Treasury Secretary Larry Summers minced few words in an interview after President Donald Trump’s decision to impose 25% tariffs on Canadian and Mexican goods.
Here are January’s best and worst stocks — and what may lie ahead for them
Despite all the fireworks on Monday, including a 17% decline for Nvidia’s stock, the S&P 500 index ended January with a 2.8% gain and 72% of its stocks were up for the month.
Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’
U.S. stock-index futures were expected to open lower Sunday night after President Donald Trump announced heavy tariffs on imports from Canada, Mexico and China, as investors braced for volatility across financial markets.
Fox Super Bowl ads beckon up to $8 million apiece
Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9, and more than 10 of those commercials sold for $8 million apiece, according to a person familiar with the matter. Fox reported during its November earnings call with investors that it sold […]
Major League Table Tennis signs first media deal with CBS Sports
Major league table tennis player Debora Vivarelli Masha Zolotukhina Major League Table Tennis is going primetime. The pro table tennis league that got its start in 2023 by software entrepreneur Flint Lane has signed its first-ever national television deal with CBS Sports, the league announced Wednesday. This comes as table tennis has seen a resurgence […]
Jobs report and Trump’s trade war hold keys to outlook for stocks
A softer-than-expected jobs report to be released next week may refuel market chatter about potential rate cuts this year, propelling U.S. stocks to resume their rally, as the Federal Reserve paused its rate cuts on Wednesday and took a “wait-and-see” approach.
Honda’s new EV production revolution begins with $1 billion in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing […]
