Impending recession: the US economic dilemma-that's how investors protect themselves
A year ago stocks were the measure of all things, but now the appetite for stocks seems to have passed some investors. What do early indicators say about the economy and how can you really protect yourself in the end, should the United States slide into a recession?
The Trump administration's berserk tariff policies are reshaping the apple juice market. The wholesale cost of apple juice concentrate has risen 33 percent this year compared to 2024. The biggest impact so far has been on Chinese imports, which now face a 145 percent tariff. The US has plenty of domestic apple farms, but the industry focuses heavily on selling …
Travel Trends You Can Expect This Summer
As the summer travel season gears up, affordability is a major priority this year. Less than 25% of U.S. travelers are booking trips to international destinations. Fewer foreigners, especially Canadians, will vacation in the US this summer. Airfares on domestic flights are down 5-7%, and flights to Europe will be the cheapest in 3 years.
The House of Representatives passed a bill to extend expensive tax cuts and create new ones without significantly slashing spending. The bill has unnerved investors, deepening worries that the country's debt is becoming unmanageable. The 30-year Treasury yield on Wednesday rose as high as 5.15 percent in early trading, its highest since October 2023, before easing back later in the …
Wasserman Schultz: Tax Cuts in GOP Bill ‘Meager’ ‘Crumbs’ for Working Families, Biden and Dems ‘Made Life Better’
Rep. Debbie Wasserman Schultz (D-FL) said the Republican tax and spending bill has "crumbs" for working families and "meager working families stuff" for a couple of years. Former President Joe Biden and Democrats improved the lives of working families.