Donald Trump

International Economics

O, Canada: Trade Faceoff With US Snarls Automobile, Steel Markets

Photo via Xinhua/Sipa USA/Newscom

The US on Saturday placed 50% tariffs on roughly $20 billion worth of Canadian imports including wine and hockey equipment.

2 min read

Photo via Moe Zoyari/Sipa USA/Newscom

Cryptocurrency

Bitcoin Bears Get Short-Squeezed by Rebounding Crypto Optimism

A comeback that squeezes out short sellers could make investors less likely to doubt the digital asset going forward.

2 min read
Photo by freestocks via Unsplash

Advisor Upside

IRS Eases Gift Tax Rules for Trump Accounts

The agency is allowing some contributions to be considered “current interest” gifts rather than “future interest” gifts.

2 min read
Photo via Michael Brochstein/ZUMAPRESS/Newscom

Industrials

Lockheed Snags $35B Missile Contract Amid Pentagon Pressure to Rev Up Production

Lockheed Martin has won billions in defense contracts over the next six years, but faces White House pressure to speed up production.

1 min read

Technology

Quantum Stocks Surge as US Government Arranges Cash Upload

Photo via Marijan Murat/dpa/picture-alliance/Newscom

IBM leads a slate of companies poised to benefit from $2 billion in US government grants to support quantum computing development.

1 min read

Photo via imageBROKER/Arnulf Hettrich/Newscom

Industrials

Is Boeing’s Massive China Order Finally Close to Landing?

Boeing also said Tuesday that it it booked 136 orders and completed a lower-than-expected 47 deliveries in April.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Economics

What Is Inflation, Anyway? Prospective Fed Chief Wants to Redefine It

Kevin Warsh, President Trump’s nominee for Fed chair, wants to make big changes at the central bank. Will he succeed?

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by SilverV via iStock

Economics

What’s Good for Gas Is Good for the Greenback. But for How Long?

The Iran War reignited demand for the US dollar as a safe haven, but that may not stop the greenback’s longer-term decline.

5 min read

Retirement Upside

Why Uncle Sam Wants to Auto-Enroll America’s Retirement

Photo by Andy Feliciotti via Unsplash

Over a 10-year horizon, a federal retirement program that auto-enrolls investors could add between $635 billion and $983 billion to its IRA system.

2 min read

Advisor Upside

First Tax Season Under Big Beautiful Bill Mixes Heightened Complexity with Bigger Refunds

Photo illustration by Connor Lin / The Daily Upside, Photo by Liudmila Chernetska via iStock

While tax season is always a headache, clients may see larger refunds this year thanks to recent legislation, experts said.

4 min read

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