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Eli Lilly Announces Plan To Invest $27 Billion In America Amid Trump Tariff Threats

Eli Lily announced Wednesday that it plans to more than double US manufacturing investment this year to $50 billion as President Trump threatens to threaten tariffs on drug imports. The drug giant will begin construction of four domestic manufacturing sites in 2025, adding 13,000 high-wage manufacturing and construction jobs. press release. The company claimed the […]

Small businesses seeing revenues rise, but tariff threats loom: BofA

Yardeni's research president Ed Yardeni analyzes new economic data amid the weakness of the market to make money. A new analysis by the Bank of America Institute shows that small businesses appear to be gaining financial momentum, but tariff-related policy changes could drive inflation and thereby It will be a new challenge to profitability. The […]

Canadians cancelling US travel en masse in face of tariff threats

The next front in Canada's trade war against the US is played out at airports, gas stations and gift shops as Canadians cancel a massive amount of American holidays. Both aviation and land travel have been affected as neighbors in the Northern US protest the impact of tariffs on the country's economy. The American Travel […]

Trump tariff threats rattle consumers

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Consumer confidence dips in Trump's first month as tariff threats drive inflation fears

According to the University of Michigan, consumer attitudes towards the economy immersed during President Trump's first month in office. Monthly Consumer Survey Released on Friday. Consumer sentiment fell nearly 10%, down from 71.7 in January to 64.7 in February. According to Monthly Research Director Joanne HSU, DIP appears to be heavily driven by consumer concerns […]

EUR/USD softens below 1.0450 on Trump’s tariff threats – FXStreet

The EUR/USD edge fell to 1.0425 in the late US session on Wednesday. The FOMC minutes showed that the Fed wants to spend time before adjusting interest rates. A fresh round of Trump's tariff threat is the weight of the euro. The EUR/USD pair weakens to near 1.0425 during the late US session on Wednesday. […]

Dow Set to Open Down as Market Reacts to Trump's Latest Tariff Threats – Barron's

US stock futures pointed below early Wednesday after the S&P 500 recorded a record high-close. Investors are still shrugging their worries, including concerns that tariffs will grow or defence spending will do their best. Minutes from the latest Federal Reserve policy meeting, details of President Donald Trump's tariff plans, and the impact Discussion with Russia […]