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Investors fear that the tariffs will cause inflation to accelerate and economic growth to slow.Financial advisors urge caution, noting that many of the effects are yet to be seen.“Right now, there are so many questions,” Catherine Valega, a wealth manager at Burlington-based Green Bee Advisory. “We’re talking about US exceptionalism — is that over? Maybe.“One analyst worries about a more dire outcome.“The only positive is you have to believe this will not stay in its current form,” said Dan Ives, a research analyst at Wedbush Securities, based in Los Angeles....

04 Apr 2025, 06:25 AM IST Updates to this LIVE blog have ended 03 Apr 2025, 09:04 PM IST Trump Tariff Announcement LIVE: Dow drops 1,500 amid global market slump Trump Tariff Announcement LIVE: As Donald Trump's tariffs kicked in, the S&P 500 slumped 4 per cent in morning trading – being seen as the worst than the drops for other major stock markets.The Dow Jones Industrial Average was down 1,520 points, or 3.6 per cent, as of 10:10 am Eastern time, and the Nasdaq composite was 4 per cent...

Trump Tariff News LIVE: US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect. Donald Trump has styled the new US tariff plans as coming on America's "Liberation Day".Earlier, the White House had slammed India for imposing a 100 per cent tariff on America’s agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.According to reports, quoting US Treasury Secretary Scott Bessent, the US President will announce the tariffs in the Rose Garden of the White House...

Donald Trump Tariff Announcement LIVE: US President Donald Trump is all set to announce reciprocal tariffs on April, which will immediately come into effect and affect almost all countries across the world. Donald Trump has called the new US tariff plans as coming on America's “Liberation Day", saying it will improve the US economy.US Treasury Secretary Scott Bessent said the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April...

Donald Trump Tariff Announcement LIVE: US President Donald Trump is all set to announce reciprocal tariffs on April, which will immediately come into effect and affect almost all countries across the world. Donald Trump has called the new US tariff plans as coming on America's “Liberation Day", saying it will improve the US economy.US Treasury Secretary Scott Bessent said the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April...

The Indian rupee has staged a strong comeback this year, making it on of the top-performing currencies. The USD/INR pair plunged to a low of 85.50, its lowest level since January 2 and 2.7% below its highest point this year. This article explains why the Indian rupee is soaring and what to expect.US dollar index crash Copy link to section One reason why the USD/INR exchange rate has crashed is that the US dollar index has embarked on a strong downtrend this yea. The DXY index has crashed from the...

The Indian rupee has staged a strong comeback this year, making it on of the top-performing currencies. The USD/INR pair plunged to a low of 85.50, its lowest level since January 2 and 2.7% below its highest point this year. This article explains why the Indian rupee is soaring and what to expect.US dollar index crash Copy link to section One reason why the USD/INR exchange rate has crashed is that the US dollar index has embarked on a strong downtrend this yea. The DXY index has crashed from the...

The latest: The top rates on online bank accounts, money market mutual funds, and short-term Treasuries have slipped from last fall’s peak above 5 percent.But thanks to a cautious Federal Reserve and a murky economic outlook, they’re still hanging in at 4 to 4.5 percent, much better than the pitiful yields that prevailed for years before inflation forced the Federal Reserve to jack up borrowing costs in 2022.After slicing rates by a full point last year, the Fed has hit pause. Fed chair Jerome Powell said last week that policy...

Alec Hogg hosted a webinar with SWAN’s Steven Nathan, delving into the compelling case for US multifamily real estate. Held on March 25, 2025, it explored how low interest rates, robust economic growth, and a 3-million-home shortage forged a dynamic investment landscape, offering valuable insights for attendees. For more information, click here – https://swanwm.co.za/amc-2/ Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Support South Africa’s bastion...

U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset market, gaining leverage over global policy, adoption rates, transaction standards, and institutional investment. Trump posted on Truth Social, “I will make sure the U.S. is the Crypto Capital of the World.” SEE: The 6 Best...