'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy 'Trump Always Chickens Out': Hear His Response To Wall Street's 'TACO' Trade Strategy
'Trump Always Chickens Out': Hear His Response To Wall Street's 'Taco' Trade Strategy Economists say Wall Street just experienced a "TACO" Tuesday, but it had nothing to do with tortillas or salsa. Traders and other stock market watchers have been discussing what's called the "TACO" trade strategy. TACO is an acronym that stands for "Trump Always Chickens Out," a reference to President Donald Trump's constantly changing tariff threats and retreats. Financial Times columnist Robert Armstrong has been widely credited with creating the TACO nickname earlier in May. "The recent rally has a lot to do with markets realising that the US administration does not have a very hig…
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn
Spring Housing Market Slumps Under Trump's Tariffs, Builders Warn Homebuilders are warning about a slow spring due to President Donald Trump's sweeping tariffs and high interest rates, according to a new survey. Builder confidence dropped sharply in May, falling to 34 on the National Association of Home Builders/Wells Fargo Housing Market Index released on Thursday, May 15. That's down six points from April, matching the low from November 2023 and marking the worst reading since December 2022. In the Northeast, sentiment slipped three points to 44 on a three-month moving average. A score above 50 means more builders see conditions as good than p…
More Amputated Fingertips Reported, Forcing Massive Cooler Recall To Expand More Amputated Fingertips Reported, Forcing Massive Cooler Recall To Expand
More Amputated Fingertips Reported, Forcing Massive Cooler Recall To Expand Igloo has expanded a major recall after dozens of new reports of severe fingertip injuries tied to its rolling coolers. Igloo Products Corp. is recalling about 130,000 more coolers, the Consumer Product Safety Commission said on Thursday, May 8. The latest recall brings the total number of affected coolers to nearly 1.2 million. The first recall was issued for 1,060,000 Igloo coolers back in February. In total, the company has received 78 injury reports, 26 of which involved fingertip amputations, bone fractures, or deep cuts, according to the CPSC. The problem stems fr…
NBA Stars Kemba Walker, Russell Westbrook Launch AI Funeral Service: See What It Does NBA Stars Kemba Walker, Russell Westbrook Launch AI Funeral Service: See What It Does
NBA Stars Kemba Walker, Russell Westbrook Launch AI Funeral Service: See What It Does Two teammates who won a national title at UConn and another basketball star are dishing out assists to people in mourning with a funeral service powered by artificial intelligence. Denver Nuggets guard Russell Westbrook, retired all-star Kemba Walker, and former Huskies co-captain Donnell Beverly Jr. are launching the digital concierge called Eazewell, the company said in a news release on Wednesday, May 7. The AI service hopes to help grieving families with faster, simpler ways to plan funerals and other memorials. Beverly, who won the 2011 NCAA championship alongside Walker, sai…
Philadelphia Plane Crash Claims 8th Victim As Mom Of 3 Dies From Injuries Philadelphia Plane Crash Claims 8th Victim As Mom Of 3 Dies From Injuries
Philadelphia Plane Crash Claims 8th Victim As Mom Of 3 Dies From Injuries A mother of three who was critically injured in the Jet Rescue Air Ambulance crash in Northeast Philadelphia has died, her loved ones and the coroner confirmed on Tuesday, May 6. Dominique Goods-Burke, 39, passed away on Saturday, April 27, after spending nearly three months in the hospital due to severe injuries and related health complications from the crash. Crash And Aftermath Dominique had been with her family at Macy’s in Roosevelt Mall on Friday, Jan. 31 when the Learjet 55 crashed into the area during the afternoon rush hour. The impact caused her car to catch fire with her and her …
Most Canadians Less Likely To Visit US Under Trump, New Study Says: Here's Why Most Canadians Less Likely To Visit US Under Trump, New Study Says: Here's Why
Most Canadians Less Likely To Visit US Under Trump, New Study Says: Here's Why A growing number of Canadians are refusing to visit the US as political tensions escalate under President Donald Trump's trade war and taunts about taking over Canada. Longwoods International said 60% of Canadians are now less likely to visit the US in the next 12 months because of American politics, trade practices, and recent government statements. The travel research firm released its study on Friday, April 25. Among Canadians with travel plans, 36% said they've already canceled US trips. Another 29% have postponed them, while 27% are heading to other countries like Mexico or Europe…
Trump's Approval Rating Shifts In Survey By Top-Rated Pollster Measuring Tariff Response Trump's Approval Rating Shifts In Survey By Top-Rated Pollster Measuring Tariff Response
Trump's Approval Rating Shifts In Survey By Top-Rated Pollster Measuring Tariff Response A new national poll from a top-rated research firm shows public opinion shifting after President Trump nears the three-month mark of his second term. The latest survey by AtlasIntel, conducted Wednesday, April 10, through Sunday, April 14, among 2,347 US adults, found that 52 percent disapprove of Trump’s performance, while 46 percent approve — a net approval rating of minus 6 points.  That marks a continued slide from March, when Trump’s net rating was minus 5 points, and February, when he briefly held a positive rating of plus 0.6. ATLAS POLL – DONALD TRUMP APPROVALThe latest Atl…
Fyre Festival 2 Postponed Due To Lack Of Venue Fyre Festival 2 Postponed Due To Lack Of Venue
Fyre Festival 2 Postponed Due To Lack Of Venue Anyone with a craving for a bland cheese sandwich is not going to like this news. Fyre Festival 2, the sequel to the infamous failed music festival that promised luxury but instead delivered tents and stale cheese sandwiches and sent Billy McFarland, a Short Hills native, to prison, has been postponed, organizers said on Wednesday, April 16. The event was scheduled to take place in Mexico at the end of May, only they were unable to find a venue. No musical guests had been announced, though tickets went on sale anyway, starting at $1,400. Top tickets were sold for $1 million with a promise o…
First Blood, Bernie’s, Law & Order: SVU Legend Dies First Blood, Bernie’s, Law & Order: SVU Legend Dies
First Blood, Bernie’s, Law & Order: SVU Legend Dies A movie and TV legend whose six-decade career included leading the first installments of two hit movie franchises in the 1980s has died. Ted Kotcheff, an accomplished movie and television producer and director, has died at age 94, just three days after his birthday. Kotcheff, a Canadian-Bulgarian filmmaker whose career spanned six decades, died of heart failure on Wednesday, April 10, in Mexico, Kotcheff gained international acclaim with 1982’s First Blood, launching Sylvester Stallone’s portrayal of troubled Vietnam vet John Rambo.  He followed it up with a string of genre-defying f…
Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey
Inflation Fears Hit 44-Year High As Trump Tariffs, Market Crash Sink Consumer Sentiment: Survey Concerns about inflation have spiked to their highest level in nearly 45 years, while consumer confidence plunged for the fourth straight month as Americans grow increasingly anxious about the economy, a new survey said. Americans now expect prices to climb 6.7% over the next year, the University of Michigan's Surveys of Consumers said on Friday, April 11. That's the highest inflation expectation reading since 1981 for the closely watched survey. While inflation cooled slightly in March, the latest federal numbers came before President Donald Trump announced his "liberat…
Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns
Beer Sales Hurt By Trump's Immigration Policies As Tariffs Shake Economy, Top Importer Warns The producer of the best-selling beer in the US says President Donald Trump's immigration policies are hurting sales – adding fuel to economic instability from his global trade wars. Constellation Brands CEO Bill Newlands told investors that immigration concerns and higher prices are forcing many of the company's core customers to cut back on spending – including beer. He made the comments during an earnings call on Thursday, April 10. Newlands said immigration fears are among many socioeconomic factors worrying Hispanic customers, who make up about half of Constellation's be…
Trump Retreats From Many Tariffs, Raises China's Rate To 125% After Days Of Market Freefall Trump Retreats From Many Tariffs, Raises China's Rate To 125% After Days Of Market Freefall
Trump Retreats From Many Tariffs, Raises China's Rate To 125% After Days Of Market Freefall President Donald Trump has stepped back from many of his tariffs while escalating Chinese duties even higher, sparking a dramatic market comeback after some of the worst trading days since the start of the COVID-19 pandemic. The 90-day pause will apparently apply to some tariffs for more than 75 countries that haven't issued retaliatory duties. Trump announced the halt on his social media platform Truth Social on Wednesday, April 9. A 10% tariff will remain in place for the countries included in the pause. The White House said the 10% duty will also apply to Canada and Mexico, NBC News…