Reported 2 days ago
U.S. Treasury Secretary Scott Bessent announced that the United States is nearing several trade agreements ahead of a looming July 9 deadline, after which higher tariffs will take effect. President Donald Trump plans to notify smaller trading partners of impending tariff increases and emphasize the urgency for negotiations. Key discussions are ongoing with nations such as India and those in Europe, as the Trump administration seeks to navigate a series of trade complexities while addressing the U.S. trade deficit.
Source: YAHOO
Reported 2 days ago
Treasury Secretary Scott Bessent announced that tariffs could revert to previous levels if no deals are reached by August 1, as the Trump administration resumes communication with around 100 countries regarding trade agreements. President Trump confirmed that letters outlining tariff rates will be sent out by July 9, emphasizing the need for countries to negotiate to avoid higher duty rates. Despite concerns from economists about rising costs to consumers due to trade tariffs, Trump and his administration continue to assert that the costs will primarily fall on trading partners.
Source: YAHOO
Reported 2 days ago
Dan Ives, a Wedbush analyst, predicts a robust second half for technology stocks, declaring this era a 'golden age' for the tech industry, especially for AI. He highlights two stocks, Nvidia and Palantir Technologies, that are expected to thrive due to their innovative products and growing demand in the AI sector. Nvidia is notable for its leading GPUs and advancements in quantum computing, while Palantir's AI platform is driving significant growth in both commercial and government sectors. Investors are encouraged to consider these stocks as promising opportunities.
Source: YAHOO
Reported 2 days ago
SoundHound AI is strategically expanding its presence in global markets by providing integrated AI voice solutions in over 25 languages. Initially recognized for its applications in the automotive and restaurant industries, the company is diversifying into various sectors, such as customer service and smart home technology. With significant partnerships and a focus on creating customizable voice interfaces, SoundHound is positioning itself for substantial growth opportunities in the rapidly advancing field of voice AI.
Source: YAHOO
Reported 2 days ago
Major cryptocurrencies, including Bitcoin, XRP, and Dogecoin, saw significant gains as U.S. Treasury Secretary Scott Bessent hinted at impending trade deals before the July 9 Liberation Day tariff deadline. Bitcoin rose over 1% to exceed $109,000, while XRP and Solana's tokens saw over 2% gains, and Dogecoin increased by 3%. Bessent warned that without progress in negotiations, higher tariffs would be reinstated, emphasizing the urgency for countries to finalize agreements to avoid reverting to previous tariff levels.
Source: YAHOO
Reported 2 days ago
Researchers are experimenting with hidden AI prompts in their papers to sway peer reviews in their favor. A study by Nikkei Asia identified 17 preprint papers on arXiv containing such prompts, primarily in computer science, requesting AI reviewers to provide positive feedback. These prompts, sometimes disguised in white text or tiny fonts, aim to counteract AI's influence, especially in conferences that restrict AI assistance in the review process.
Source: YAHOO
Reported 2 days ago
Financial expert Robert Kiyosaki, known for his book 'Rich Dad Poor Dad', claims Bitcoin is 'the easiest money ever,' suggesting that even a small investment of 0.01 BTC could significantly change one's financial future. He highlights the limited supply of Bitcoin and its potential for rapid price increases, predicting it could reach nearly $250K by the end of 2025. Kiyosaki urges investors not to hesitate, warning that inaction could lead to missed opportunities in a volatile market.
Source: YAHOO
Reported 2 days ago
The S&P 500 has experienced significant growth, climbing over 26% from its low in April, presenting a prime opportunity for investors. The article highlights three Vanguard ETFs: the Vanguard S&P 500 ETF, the Vanguard S&P 500 Growth ETF, and the Vanguard Information Technology ETF, each offering a low-effort investment approach tailored to varying risk appetites. While these ETFs provide diversification and potential wealth generation, it is crucial for investors to maintain a long-term perspective, especially in the volatile tech sector.
Source: YAHOO
Reported 2 days ago
Source: BARRONS
Reported 2 days ago
Thailand is making efforts to avert a proposed 36% export tariff by offering enhanced market access for U.S. agricultural and industrial goods, along with increased purchases of energy and Boeing aircraft. The Finance Minister aims to significantly reduce Thailand's $46 billion trade surplus with the U.S. and propose new terms before a tariff deadline of July 9. These changes follow discussions with U.S. trade officials, as Thailand looks to stabilize its trade-dependent economy amid domestic challenges and avoid falling behind other nations in securing favorable trade agreements.
Source: YAHOO
Reported 2 days ago
A recent Reddit thread prompted intense discussions within the crypto community about the right time to take profits, emphasizing that many early Bitcoin investors would have sold before reaching current peak prices. The conversation highlighted investment psychology, varying financial circumstances, and the risk of holding onto assets too long, stressing that taking profits should not be seen as a failure but as prudent risk management. Ultimately, the debate underlined the need for balance between conviction and caution in investment strategies.
Source: YAHOO
Reported 2 days ago
Thailand is negotiating increased trade concessions with the U.S. to prevent a potential 36% tariff on imports, aiming to reduce its $46 billion trade surplus by 70% over five years and achieve balance within seven to eight years. Finance Minister Pichai Chunhavajira stated that they hope for a maximum tariff rate of 10%, with any range between 10% and 20% being acceptable, as they prepare to submit a revised proposal before the July 9 deadline.
Source: YAHOO
Reported 2 days ago
J.P. Morgan highlights concerns over the declining value of the U.S. dollar due to geopolitical shifts, the rise of non-USD currencies in commodity transactions, and its decreasing share in FX reserves. However, experts suggest that a weaker dollar could benefit American consumers by increasing demand for U.S. goods from abroad and boosting stock market returns. Additionally, inflation linked to a weaker dollar may offer advantages to homeowners with fixed-rate mortgages.
Source: YAHOO
Reported 2 days ago
According to Northwest Mutual's 2025 Planning & Progress Study, the average amount Americans believe they need for a comfortable retirement has dropped to $1.26 million, down $200,000 from the previous year. This shift may be attributed to declining inflation rates and changing attitudes towards retirement, with many workers planning to retire later than the traditional age of 65. However, rising economic uncertainty suggests that expanding investment strategies and considering diverse assets like gold and real estate may be necessary for financial stability in retirement.
Source: YAHOO
Reported 2 days ago
In 2025, over 200 S&P 500 companies have removed terms like 'diversity' and 'equity' from their annual reports, following heightened scrutiny of diversity policies under the Trump administration. A significant shift in corporate language has been noted, with many firms opting for terms such as 'opportunity' and 'inclusivity.' While shareholder support for DEI initiatives remains low, proposals against them have also seen limited backing. This change reflects the broader uncertainty surrounding DEI initiatives amid regulatory shifts and backlash.
Source: YAHOO
Reported 2 days ago
Cathie Wood, CEO of Ark Invest, is diversifying her portfolio by investing significantly in two AI chip companies: Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing Company (TSMC). While AMD has become a substantial holding due to its promising data center business and strong share price growth, TSMC is seen as a unique opportunity in the chip market thanks to its leading fabrication services. Despite AMD facing competition from Nvidia and TSMC grappling with geopolitical concerns, both stocks present compelling investment options for those interested in AI infrastructure.
Source: YAHOO
Reported 2 days ago
根據Vanguard最新報告，2024年4.8%的401(k)持有人進行了困境提款，創下新高，主要原因包括避免法拍或驅逐（35%），醫療費用（30%），房屋修繕或購買（16%），以及支付學費（14%）。由於許多美國人缺乏緊急儲蓄，這些提取行為可能加劇了他們的經濟壓力，而一些人則因2019年預算法案和2022年安全2.0法案簡化了提款流程。儘管提款率上升，Vanguard認為這並不構成過度的擔憂。
Source: YAHOO
Reported 2 days ago
As the July 9 tariffs deadline approaches under President Trump, equity investors show signs of optimism despite past turmoil, with the MSCI All-Country World Index reaching new heights and hedge funds investing heavily in U.S. financial shares. Market volatility has decreased significantly since April, with many traders displaying confidence in recovery following geopolitical events. However, strategists note a sense of complacency in the options market, reminiscent of past volatility spikes, leaving some cautious about potential market reactions.
Source: YAHOO
Reported 2 days ago
If you're planning to retire in 2030, now is the critical time to assess your financial situation, build your retirement budget, maximize contributions to your retirement accounts, and familiarize yourself with healthcare options and Social Security. It's essential to understand your investments, manage debts, and determine your post-retirement lifestyle to ensure a comfortable transition into your golden years.
Source: YAHOO
Reported 2 days ago
This article discusses two healthcare stocks, Novo Nordisk and DexCom, that present attractive buying opportunities after recent market underperformance. Novo Nordisk, despite recent setbacks, has promising growth prospects in weight management and an expanding pipeline of treatments beyond diabetes. DexCom, a leader in diabetes monitoring technology, faces short-term challenges but has significant long-term potential due to its low market penetration and growing insurance coverage. Both companies are positioned for strong recovery over the next decade.
Source: YAHOO
Reported 2 days ago
In 2025, the stock market has reached new heights driven by a rise in megacap stocks and increased speculative trading as investors embrace higher risk despite ongoing economic uncertainties. Palantir and Super Micro Computer have seen significant gains, with retail traders heavily influencing market dynamics through FOMO-driven behaviors. Though this speculative enthusiasm has led to remarkable returns for many unprofitable companies, it has raised concerns about a potential disconnect from fundamentals, suggesting that caution is warranted in this environment of risk-taking.
Source: YAHOO
Reported 2 days ago
Chevron Corp (CVX) shares are currently appealing due to a robust 4.6% dividend yield, which is above its historical average, and the potential for significant price appreciation. Analysts suggest that CVX could be undervalued, forecasting price targets between $165 and $181, indicating possible upside of 10-22%. Additionally, selling short put options can yield a monthly return of 1.67%, making this strategy attractive for investors looking to capitalize on Chevron's performance.
Source: YAHOO
Reported 2 days ago
Beginning this month, millions of seniors will experience a 50% reduction in their Social Security checks due to the Social Security Administration's efforts to recover overpayments made in previous years. This change affects about 2 million beneficiaries who were overpaid due to income updates not being reported or calculation errors by the agency. While the default withholding rate had previously been lowered to alleviate financial stress, it has now increased to 50% in response to prior pushback from advocates and seniors. Those impacted have been notified and are permitted to appeal.
Source: YAHOO
Reported 2 days ago
Source: WSJ