Catenaa, Tuesday, March 25, 2025- Americans’ expectations for the economy fell to a 12-year low in March, data showed on Tuesday, as consumers expect a recession ahead with uncertainty in Trump’s handling of the economy. The latest consumer confidence index reading from the Conference Board was 92.9 in March, below the 100.1 seen in February and […]

Catenaa, Tuesday, April 01, 2025– US automaker Ford reported a 1.3% drop in US sales in the, the company said on Tuesday, despite a 10% increase in March sales, hit by the discontinuation of some models and the timing of certain rental fleet sales. The automaker’s overall sales fell to 501,291 units in the three […]

Catenaa, Thursday, April 03, 2025- The Magnificent Seven stocks all fell on Thursday following the Trump Administration announcement of reciprocal tariffs, with Apple faring worst of all. The iPhone maker’s shares dropped 8% by mid-day after President Donald Trump late Wednesday imposed an 34% import tax on China, where Apple manufactures about 90% of its […]

Catenaa, Friday, June 27, 2025- Nike shares jumped by over 15% on Friday after the company said it’s shifting some production away from China and warned of $1 billion loss from US tariffs. Nike is not the first retail company to warn of price hikes. Walmart said last month that its customers will start to […]

Catenaa, Thursday, April 10, 2025- TSMC, the world’s largest contract chipmaker, reported $ 25.55 billion net revenue in the first quarter on Thursday, beating market forecasts, as the company reaps the benefit from artificial intelligence demand. In the January-March period, Taiwan Semiconductor Manufacturing Co (TSMC) posted revenue of 839.25 billion Taiwan dollars, about $25.5 billion, […]

Catenaa, Thursday, March 27. 2025- US corporate profits recovered in the fourth quarter after recording an increase of $204.7 billion, official data showed on Thursday, but uncertainty continues in the economy with Trump tariffs. The Commerce Department’s Bureau of Economic Analysis (BEA)said corporate profits with inventory valuation and capital consumption adjustments increased $204.7 billion last […]