Business

Trump Increases Tariffs on Chinese Goods by 100%

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Key Takeaways President Donald Trump said he will impose an additional 100% tariff on goods from China starting Nov. 1, reigniting a trade war between the world's two largest economies.China has leveraged its dominance of the rare earth market as a bargaining chip in trade negotiations with the U.S., which relies heavily on rare earths for its high-tech industries. The U.S.-China trade war flared up again on Friday when President Donald Trump announced an increase in import taxes as part of a dispute over critical "rare earth" minerals that China exports.In a lengthy social media post early on Friday, Trump…

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Stocks End Sharply Lower as U.S.-China Trade Tensions Resume; Major Indexes Post Weekly Losses

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Noteworthy S&P 500 Movers on Friday October 10, 2025 06:05 PM EDT Decliners Chip design software firm Synopsys (SNPS) and Teradyne (TER) each dropped about 9%, while Advanced Micro Devices (AMD) and Microchip Technology (MCHP) tumbled roughly 8% as semiconductor-related stocks were among the S&P 500's biggest decliners. AI favorite Nvidia (NVDA) finished nearly 5% lower after climbing to a fresh intraday record ahead of Trump's comments. Shares of Tesla (TSLA) and Amazon (AMZN) also dropped about 5% amid broad-based declines, with the tech sector taking the heaviest hit. Consumer staples marked the only sector in the S&P 500 to post…

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National Savings Day Reminds Us To Save Smarter—Here’s Where You Can Earn the Most

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Key Takeaways As National Savings Day on Sunday, Oct. 12, spotlights the value of saving, you can still earn strong returns on cash despite last month's Fed rate cut. The top high-yield savings and money market accounts continue to offer up to 5.00%, while the best CD rate stands at 4.45%. The best brokerage and robo-advisor cash accounts currently pay up to 4.05%, while U.S. Treasuries yield as much as 4.63% today. Our tables below compare today’s top rates across banks, credit unions, brokers, robo-advisors, and Treasuries. The full article continues below these offers from our partners. Cash Yields Reach…

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Are You Eligible? Discover Which Jobs Qualify for Student Loan Forgiveness in 2025

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Key Takeaways Student loan forgiveness programs, such as the Public Service Loan Forgiveness (PSLF) program, offer relief to borrowers who work in qualifying jobs.Being eligible for PSLF requires meeting specific employment criteria and making qualifying payments.Each loan forgiveness program has its own set of requirements that must be met in order to qualify for loan cancellation. Student loan forgiveness is a way to have a portion or all of what you owe on your student loan balance canceled after you meet certain conditions. There are various student loan forgiveness programs, including Public Service Loan Forgiveness (PSLF), Teacher Loan Forgiveness, and…

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Looking to Short a Few Stocks? JPMorgan Analysts Have a Few Ideas

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Key Takeaways JPMorgan analysts this week suggested a long list of ideas for bets that some stocks will fall.The suggestions covered companies ranging from restaurants to airlines, dating apps and tech. With stocks not far from their recent highs, are you looking to bet on which ones might fall?  Some investors look to profit from share prices they consider elevated by making short bets, borrowing shares to sell that they then seek to repurchase when they’re less expensive, pocketing the difference. Earlier this week, JPMorgan asked its analysts to pick their favorite short ideas headed into the start of the…

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This Charming Wisconsin City Offers Retirees Affordable Living and Unforgettable Weekend Escapes

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Key Takeaways Milwaukee International Airport connects to 30+ nonstop destinations via nine major airlines, with downtown just 15 minutes away.  Housing costs average $1,156 monthly—45% below the national average of $2,120—freeing up significant funds for travel. Milwaukee County features 35 hospitals, 1,400 health care establishments, and ranks #26 nationally for health care quality according to U.S. News & World Report. The city offers 15,000 acres of parkland, 135+ miles of trails, and 300+ arts venues, including 28 museums, and hosts 100+ annual festivals. If you're looking to travel more during your retirement, finding the right home base makes all the…

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Key Benefits and Challenges of Renting Out Property in College Towns You Should Know

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Key Takeaways College towns have a steady demand for rental properties and a broad pool of tenants that can create reliable rental income. Owning property in the town where your student attends college can lower the costs associated with college housing. Downsides of owning property in a college town include restrictions on tenant occupancy, property wear and tear, and the complexity of financing an investment property. In college and university towns around the country, each academic year brings a new wave of students, faculty, and staff, many of whom are looking for housing. This demand creates a unique and resilient…

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The Risk of Undoing Three Decades of Effort

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Key Takeaways Warren Buffett, chair and CEO of holding company Berkshire Hathaway, says stock splits often increase transaction costs, invite short-termism, and detach price from business value. Berkshire created low-denomination Class B shares in 1996, and later split them 50-for-1 in 2010 as a targeted exception to the rule, not as a reversal of principle. Buffett’s philosophy aims to attract “business-owner” investors. Warren Buffett has long argued against stock splits, as he believes they increase trading churn, invite short-term speculators, and detach the share price from underlying business value. Splits were one step Berkshire Hathaway would never take in Buffett’s view,…

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We Asked Mars Wrigley’s ‘Chief Halloween Officer’ About This Year’s Top Candy Trends—Here’s What He Had To Say

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Key Takeaways Candy is expected to account for about one-third of the $13 billion Americans are set to spend on Halloween this year. While chocolate remains the bedrock of Halloween, experts say tastes are shifting toward fruit flavors, sour candies, and the combination of sweet and spicy. Viral sensations like "Dubai chocolate" are proving to be more than just a flash in the pan, according to industry insiders. October is here, which means prime-time baseball—and Halloween, the “Super Bowl” of candy sales. Americans are expected to shell out more than $13 billion to celebrate Halloween this year, according to the…

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Family offices still bet on AI and health care even as deals slow down

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Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City.Michael M. Santiago | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Deal-making may have rebounded on Wall Street, but investment firms of the ultra-wealthy are still moving cautiously. Family offices made 54 direct investments in September, down 46%…

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