The Nasdaq MarketSite in New York, June 9, 2023.Michael Nagle | Bloomberg | Getty ImagesSilicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least.Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered steep consecutive daily drops to finish 10% lower for the week, the index’s worst performance since the beginning of the Covid pandemic in 2020.The tech industry’s leading CEO’s rushed to contribute to Trump’s inauguration in January and paraded to Washington, D.C., for the event. Since then, it’s been…
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Image source: Getty Images The Lloyds (LSE:LLOY) share price fell 5.5% on 4 April 2025, extending losses triggered by former President Donald Trump’s announcement of a 10% tariff on UK imports. This decline reflects broader market jitters, with the FTSE 100 down 1% and European indexes faring worse. For Lloyds, the sell-off underscores concerns about macroeconomic challenges and their impact on bank profitability. Tariff turbulence Trump’s tariffs have intensified fears of a US recession, with Barclays analysts assigning a ‘high risk’ designation. For Lloyds, the immediate threat lies in dampened global trade activity and potential retaliatory measures, which could strain…
Image source: Getty Images The new Stocks and Shares ISA year has just started. This means account holders are able to invest another £20,000 to try and generate tax-free share price returns, passive income, or both. Let’s look at how much can someone reasonably expect to generate from a £20k ISA portfolio. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers…
Pool/BBCPresident Donald Trump has built another wall, and he thinks everyone else is going to pay for it. But his decision to impose sweeping tariffs of at least 10% on almost every product that enters the US is essentially a wall designed to keep work and jobs within it, rather than immigrants out.The height of this wall needs to be put in historical context. It takes the US back a century in terms of protectionism. It catapults the US way above the G7 and G20 nations into levels of customs revenue, associated with Senegal, Mongolia and Kyrgyzstan.What occurred this week…
Salvadoran police officers escort alleged members of the Venezuelan gang Tren de Aragua recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran government, in Tecoluca, El Salvador, in this handout image obtained March 16, 2025. Secretaria de Prensa de la Presidencia | Via ReutersA federal judge didn’t have the authority to order the Trump administration to broker the return of a Maryland man who was mistakenly deported from the U.S. to a notorious El Salvador prison, government attorneys argued Saturday as they urged an appeals court…
By Jaspreet Bindra In an era where artificial intelligence (AI) is revolutionising industries, personal finance and investment are no exception. AI-powered tools are now able to provide individuals with real-time insights, automated strategies, and personalised recommendations to help them achieve their financial goals more efficiently. Here’s how AI can enhance your personal finance and investment strategies: Automated Budgeting and Expense Tracking AI-driven budgeting apps like Mint, YNAB (You Need A Budget), and PocketGuard analyse your spending patterns, categorise expenses, and provide actionable insights to help you stay on track. These tools use machine learning to predict future expenses, suggest budget…
Visitors take pictures by a sign posted in front of Meta headquarters in Menlo Park, California, on Jan. 29, 2025.Justin Sullivan | Getty ImagesMeta on Saturday released the first models from its latest open-source artificial intelligence software Llama 4, as the company scrambles to lead the race to invest in generative AI. But the Facebook owner said it has not yet released the biggest and most powerful Llama 4 model, which outperforms other AI models in its class and serves as “a teacher for our new models.” That so-called Llama 4 Behemoth model is still in training, according to the company’s…
Editor’s note: this article originally appeared on The Equation and is republished with permission. For weeks, President Trump has allowed Elon Musk and the “DOGE” team to decimate government’s ability to serve the public good, firing employees and closing offices that protect consumers, safeguard our health, and even provide basic services.Central to these efforts is attacking federal science and expertise. The administration has fired staff at the National Oceanic and Atmospheric Administration, imperiling our security and economy. It has removed thousands of federal data sources, blocked staff from participating in international climate collaboration, and illegally frozen funds for scores of projects. My colleague Julie McNamara describes this as an…
The stock market has taken a nasty tumble this week. Stocks have sold off because the tariffs levied by the Trump administration were much higher than the market feared. Many economists worry they could spark a trade war that could ignite a global economic slowdown. However, there is at least one silver lining to all the market turmoil: The yield on U.S. Treasury bonds has declined. The 10-year note’s yield has fallen below 4%, well off its peak above 4.75% earlier in the year. The 10-year rate is a key benchmark for the real estate sector. As it falls, the…
In case you haven’t noticed, the stock market has been a little choppy over the past few weeks. Business and consumer confidence are flagging a bit amid the growing concerns that a potential trade war could spark a recession that would eat into corporate profit growth, the mother’s milk of rising stock prices.The recent market volatility has been especially acute in the names that have dominated returns over the past two years, primarily large, high-growth companies with rich valuations that depend upon economic momentum to justify their premium prices. Think Amazon, Tesla, Google and Nvidia to name a few, most…