President-elect Donald Trump revealed plans to enact a 100% tariff on BRICS countries, should they attempt to move away from utilizing the U.S. dollar within international trade.
Read More Trump Warns Of 100% Tariffs For BRICS Countries Looking To Break Away From U.S. Dollar
The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon.
Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
President-elect Donald Trump announced multiple nominations on Tuesday as his team prepares to the White House next year.
Read More Trump Appoints Jamieson Greer As U.S. Trade Representative, Reveals Additional Picks
Ed Sidell, CEO & Chief Investment Advisor at EGSI Financial, joins Alicia Summers to discuss the optimism and whether Trump’s new Treasury pick, Scott Bessent, could be contributing to the shift.
Read More Consumer Confidence Rises As Trump Eyes Tariffs And Economic Shifts
Macy’s was forced to delay reporting its third-quarter earnings after it was revealed that an employee hid up to $154 million in expenses related to delivering small packages.
Read More Macy’s Employee Allegedly Concealed $154M In Expenses
Consumers will reportedly pay 5% less than last year on Thanksgiving dinner items, according to the American Farm Bureau. However, the average cost is still around 19% higher than it was before the COVID-19 pandemic.
Read More Thanksgiving Costs Drop As Turkey Demand Declines