Author: Alex
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Trump Will Impose Tariffs on Steel and Aluminum on Monday
President Trump said he planned sweeping tariffs on all steel and aluminum imports on Monday and would take other action to even out tariff rates with the rest of the world later this week. Speaking from Air Force One en route to the Super Bowl, the president said his metal tariffs would apply to “everybody,”…
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Did you know the IRS taxes your bank account? Don’t get caught off guard
Interest rates on high-yield savings accounts were soaring throughout 2024, helping depositors earn impressive returns. But now, it’s time for the IRS to claim its share. The IRS classifies earned interest as taxable income, which means any earnings from deposit accounts—including savings, checking, and certificates of deposit (CDs)—must be reported and taxed. Even those welcome…
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Stock Traders Look Past AI Jitters as Bonds Climb
Stocks gained as broad industry strength offset lackluster earnings from major tech firms. Treasury yields hit their lowest level in 2025 following weak U.S. services data. Markets Rally Amid Mixed Tech Earnings According to Bloomberg, about 350 companies in the S&P 500 advanced. Nvidia Corp. led chipmakers higher, while a “Magnificent Seven” gauge slipped 1.5%…
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Vanguard announces major change to hundreds of funds and ETFs
Vanguard, the massive mutual fund company that is credited with creating index investing, is celebrating its 50th anniversary in style. Vanguard has announced its largest round of fee reductions ever, a historic move that reflects the company’s founder John Bogle’s emphasis on simplicity and investors first. As of February 3, 2025, this historic ruling, which…
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The Motley Fool: Investing responsibly
Looking to invest with a conscience? Consider mutual funds or exchange-traded funds (ETFs) that focus on socially responsible companies. These funds save you the hassle of researching individual stocks—professional analysts or index managers do that for you. Many such funds include “ESG” in their names, highlighting their focus on environmental, social, and governance factors. Some…
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557 Rare Coins From The Middle Ages Dug Up By Amateur Metal Detectorists
A group of amateur metal detectorists struck gold—literally—when they uncovered a staggering 557 rare gold and silver coins from the 14th century. The discovery, now known as the “Hambleden Hoard,” could be the largest find of its kind in the United Kingdom in a decade. A Chance Discovery Worth A Fortune During an annual metal…
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Why Trump is digging in his heels on huge tariffs on Canada, Mexico and China
President Donald Trump is standing firm on tariffs—imposing sweeping new duties on goods from Mexico, Canada, and China. The move, enacted on Saturday, is expected to drive up prices on everything from Super Bowl avocados to gasoline, cars, maple syrup, and even iPhones. Immediate Backlash and Retaliation The reaction was swift. Canada and Mexico—America’s top…
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Rise in diagnoses is prompting more US adults to ask: ‘Do I have ADHD?’
NEW YORK (AP) — Allison Burk’s teenage daughter struggled with uncontrolled emotions, a shrinking attention span, and a growing tendency to procrastinate. When a family doctor suggested ADHD testing, the results were unexpected—not only did her daughter have ADHD, but Burk did too. During her daughter’s evaluation, Burk thought, “Wait a minute. This sounds familiar,”…
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US Dollar continues under pressure as markets digest GDP figures
The US Dollar is feeling the heat as traders grapple with the Federal Reserve’s latest policy move and a disappointing GDP report. The Fed left interest rates unchanged but tweaked its inflation language, sparking a wave of uncertainty that sent the Dollar Index (DXY) on a rollercoaster ride. Meanwhile, the US economy grew at a…
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Historic Wall Street Collapse Linked to Chinese AI Giant DeepSeek
Wall Street saw a major upheaval when the US stock market saw record-breaking losses, which were attributed to DeepSeek, a Chinese AI business. The company’s AI developments are upending the IT industry and igniting heated discussions over the geopolitical and economic rivalry between China and the United States in AI research. DeepSeek: What is it?…