Recent Posts

Futures surge on Trump tariff reversal

Stocks were poised for large gains early Tuesday after President Donald Trump said he was resetting a deadline for imposing tariffs on the European Union. Futures indicated that the three major U.S. stock indexes were set to open more than 1% higher when markets open at 9:30 a.m. Eastern. The …

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Volvo is cutting thousands of jobs in “cost and cash action plan”

President Donald Trump takes questions from reporters on the tarmac in Morristown, New Jersey. Luxury automaker Volvo is slashing 3,000 jobs, representing about 15% of the company’s office-based workforce. The announcement made Monday says the most impacted positions are in Sweden. The mostly white-collar job cuts are part of the …

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