When President Donald Trump proclaims that tariffs will usher in a new era of American prosperity, it’s essential to scrutinize this assertion. The government’s projections, particularly from trade adviser Peter Navarro, claim tariffs could raise a staggering $600 billion annually, and even more when auto tariffs are considered. However, a deeper dive into the economic
In recent weeks, hedge funds have been shredding their stock portfolios at an alarming rate, signaling a growing fear among the financial elite. Under the duress of President Trump’s punishing tariff strategies, global stock markets have plunged into chaos. According to Goldman Sachs’ prime brokerage unit, a staggering exodus of capital has been observed, with
Disney’s live-action rendition of Snow White has become a financial albatross, with projections indicating a staggering loss of $115 million. This outcome is disheartening, given that the box office earnings have reached only $225 million globally. Such figures reflect a stark contrast to the success of earlier adaptations, like 2019’s Dumbo, which grossed $115 million
The journey to leadership positions in finance is often paved with traditional pathways—finance degrees from renowned schools, internships at investment banks, and an early start in analyst roles. Yet Kathryn Glass, co-head of Federated Hermes’ high-yield fixed-income group, defies the mold. Her foray into the financial realm only began after an educational detour through Japanese
In an era where technological supremacy is intertwined with national security, the news of GlobalFoundries considering a merger with Taiwan-based United Microelectronics could be seen as a game changer. This potential union is not merely a business maneuver; it symbolizes a substantial strategic shift in global semiconductor manufacturing. As competition from China looms, and tensions
The international film market is becoming increasingly dynamic, as seen this past weekend with Jason Statham’s “A Working Man” making significant waves. Garnering a global $30.2 million debut—including an impressive $15 million from overseas—this latest offering highlights a resurgence in the action genre. While some may dismiss such films as mere entertainment, “A Working Man”
As we barrel through 2025, economic uncertainties loom large, largely stemming from the aggressive tariff policies of the previous administration. This turbulence has triggered a paradoxical situation where falling stock prices, tied to fundamental market challenges, could indeed present ripe opportunities for disciplined investors. Markets have been whipsawed, igniting both fear and cautious optimism. Yes,