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2025-07-02 14:16:56| The Economic Times

A study reveals that US employers may incur significant costs due to President Donald Trump's tariff policies. JPMorganChase Institute estimates a direct cost of USD 82.3 billion for businesses. Retail and wholesale sectors are particularly vulnerable. These tariffs could lead to price increases, layoffs, or reduced profits. The analysis contradicts claims that foreign manufacturers will bear the tariff costs.

Category: News and Media

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2025-07-02 12:39:11| The Economic Times

GreenEdge Wealth's Digant Haria suggests a technical trading approach for IT stocks due to AI risks and economic uncertainty. While the defence sector shows strong growth, new investors should consider related industries. The paint sector faces challenges with increased competition and slower growth, though the worst may be over, a return to normal economics is still 12-18 months away.

Category: News and Media

2025-07-02 12:21:52| The Economic Times

Republican Party is facing internal conflict regarding a tax-cut and spending bill. The House of Representatives will reconsider the bill. The Senate already passed the bill with a narrow margin. The bill is expected to increase the nation's debt. Democrats are against the bill. The bill includes cuts to Medicaid.

Category: News and Media

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03.07 Microsoft to cut up to 9,000 jobs as it invests in AI 03.07 Why the world's superyachts are getting bigger and bigger 03.07 Citroen owners left stranded over airbag safety risk 03.07 Reeves' five choices to turn government finances around 03.07 Microsofts largest layoff in years hits Xbox, sales and other divisions 03.07 Del Monte, the 139-year-old canned fruits and vegetables company, seeks bankruptcy protection 02.07 Stocks Rising into Final Hour on US-Global Trade Deal Optimism, Fed Rate-Cut Hopes, Technical Buying, Tech/Commodity Sector Strength 02.07 Critical minerals are in the U.S., not in far-off mines More »