Tag: foxbusiness latest news

Amazon Prime, once the premier online shopping event, has more competition than ever. Rivals including Walmart and Costco are offering their own deals, hoping to lure shoppers away from the Jeff Bezos’ founded online retailer. Symbol Price Change %Change AMZN $223.47 0.06 0.03 COST $992.18 5.16 0.52 WMT $99.35 0.99 1.01 Still, the event is…

​ Market experts EP Wealth Advisors’ Adam Phillips and Slatestone Wealth partner Kenny Polcari analyze tariff-fueled market volatility, the Fed’s ‘period of uncertainty’ and earnings season. Phillips says last week, the U.S. enjoyed a little bit more of a calm trading environment with the exception of Wednesday when Jay Powell spoke, but that there is…

Stocks tumbled on Thursday after a strong rally following President Donald Trump announcing a 90-day pause on tariffs. The Dow Jones Industrial Average was down 1,014.79 points, or 2.5%, while the S&P 500 and Nasdaq Composite fell 3.46% and 4.31%, respectively. Stocks had a historic rally on Wednesday after Trump said the U.S. will pause “reciprocal” tariffs…

​ China has added a 50% retaliatory tariff on U.S. imports deepening a trade war currently shaking up global markets. The addition of 50% brings the total tariff to 84%. President Trump’s latest round of tariffs took effect Wednesday when he announced a 104% levy on Chinese goods. The new levies apply to all US…