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Voters are starting 2025 sour on the state of the economy and President Donald Trump’s handling of it so far, even as his election to a second term sparked an upswing in positive feelings about the direction of the nation, according to a new national NBC News poll.Buoyed by jubilant and unified Republicans, who are standing in lockstep with Trump and the expansive agenda he and congressional leaders are pushing in Washington, more registered voters see the U.S. as heading in the right direction than at any point since early 2004, though a majority still say the country is on…
Getty Images The Nasdaq’s recent decline has raised fears of a sharp unwind in tech stocks following years of AI hype. It’s drummed up comparisons to the dot-com bubble, which dragged the Nasdaq down 78% when it popped in 2000. Market pros tell BI there are important lessons from 2000 that investors should think about in 2025. It’s been 25 years since the dot-com crash, and investors are again navigating concerns of a tech bubble reaching unsustainable levels. The Nasdaq Composite peaked on March 10, 2000 and the subsequent unwind would last nearly three years, taking the tech-heavy index down…
Washington CNN — The Trump administration’s dizzying back-and-forth on tariffs is paralyzing America’s small businesses as they grow worried about the US economy’s future. The National Federation of Independent Business’ Uncertainty Index climbed in February to its second-highest reading on record, going back to 1973, according to the group’s latest survey released Tuesday. In February, the share of respondents who believe it is a good time to expand saw its biggest monthly decline since April 2020. “Uncertainty is high and rising on Main Street, and for many reasons,” Bill Dunkelberg, the NFIB’s chief economist, said in a release. “Confidence that…
Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) might be a bit safer than some crypto assets, but it isn’t as though they’re rock solid when things are falling apart. As the Nasdaq Composite and S&P 500 enter correction territory, investors are starting to worry more about a potential market crash. And some are pondering which of these two assets would hold up better in a crash and which would be worth buying in the aftermath? To start, let’s take a look at how Bitcoin and XRP performed during the early 2020 coronavirus market crash. Here’s the chart: Bitcoin Price data…
Indian batter Virat Kohli said he may not have another tour of Australia left in him after his team’s humbling 3-1 test series defeat Down Under but the 36-year-old has ruled out retiring anytime soon as he still enjoys playing the game too much. Kohli arrested a long run of poor form with an unbeaten ton in the series opening test in Perth in November, but frequently chased balls moving away from his stumps and managed a total of 190 runs at an average of 23.75. Speaking at the RCB Innovation Lab Indian Sports Summit on Saturday, Kohli said the…
CNN — The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration works to drastically limit its operations. Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of the subprime mortgage crisis that led…
Florida’s pandemic-era housing boom is finally starting to fade. For-sale inventory in the state has reached the highest levels on record, and homes are staying on the market longer even as peak homebuying season kicks off. In many parts of the state, prices are starting to fall. The turning market comes as migration to the Sunshine State slows, and a combination of hurricane fears, rising insurance and tax bills, and a steady supply of new construction has given buyers more leverage. While the state’s condo market has been in correction ever since new building laws took effect in the aftermath…
Pakistan won the bronze medal at the International Tennis Federation Masters 45+ World Championship after defeating Germany 2-1 on Sunday, according to a statement by the Pakistan Tennis Federation (PTF). A total of 21 nations participated in the men’s team event that was held in Manavgat, Turkiye in the 45+ age category known as the Dubler Cup. Pakistan had dominated the group stage with emphatic 3-0 victories over Romania and the host nation, according to the PTF. “Pakistan’s tennis team made history by securing a bronze medal at the ITF Masters 45+ World Championship in Manavgat, Turkey. “Competing for the…
Simon2579 | E+ | Getty ImagesStephen Gilliam works 40 hours a week as a graphic designer for a government contractor.In the evening, Gilliam comes home, eats dinner and takes a little break. He then opens his laptop and works on freelance projects designing movie posters. He usually tries to wrap up by 10 p.m., gets some sleep and then starts it all over the next day.”There are good and bad weeks, but I do my best to try to find that balance,” said 45-year-old Gilliam, who lives in Augusta, Georgia.Gilliam, who earned his bachelor’s degree in graphic design from the Art…
(Bloomberg) — Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal. Most Read from Bloomberg The Hong Kong and Macau Affairs Office on Saturday reposted a commentary originally published in Ta Kung Pao, saying the planned sale of the ports by the Hong Kong company had triggered deep concerns among Chinese people and questioned whether the deal was harming China and aiding evil. “Why were so many important ports transferred to ill-intentioned US forces so easily? What kind of political calculations are…