Trump's Red Wave Pushes Emerging Market Stocks To 2-Month Lows: Volatility 'Expected To Remain Elevated'
  • November 14, 2024

Trump's Red Wave Pushes Emerging Market Stocks To 2-Month Lows: Volatility 'Expected To Remain Elevated'

Emerging market stocks have dropped to levels last seen in mid-September, with the downturn exacerbated by Donald Trump's victory and a Republican sweep of the U.S. Congress. The iShares MSCI Emerging Markets ETF (NYSE:EEM) has slumped 7% over the past month, with the iShares MSCI China ETF (NYSE:MCHI) and the iShares Mexico ETF (NYSE:EWW) underperforming — down 10.1% and 7.8%, respectively. Trump’s win and full Republican control of Washington, D.C. raise critical questions for emerging markets

What's Going On With Ford Motor Stock Today?
  • November 14, 2024

What's Going On With Ford Motor Stock Today?

Ford Motor Company (NYSE:F) shares are trading slightly higher on Thursday. Today, the company has agreed to a consent order with the National Highway Traffic Safety Administration (NHTSA), including a civil penalty of $165 million for failing to meet federal recall requirements. This marks the second-largest civil penalty in NHTSA’s history, following the Takata airbag scandal. The penalty stems from Ford’s delayed recalls of vehicles with defective rearview cameras and its failure to provide a

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
  • November 13, 2024

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. Its author said the outlook could worsen if the sector is hit by tariffs promised by Donald Trump. Trump has pledged tariffs of up to 20% on imports, saying it would create factory jobs, shrink the federal deficit and lower food prices.