In response to U.S. tariffs, Canada announces retaliatory measures affecting $155 billion worth of American goods, escalating trade tensions and sparking fears of economic repercussions.
In response to U.S. tariffs on Canadian imports, Prime Minister Justin Trudeau has announced retaliatory tariffs on $155 billion worth of U.S. goods, targeting items from American beer to household appliances. Trudeau emphasizes the minimal role of Canada in U.S. fentanyl issues and calls for cooperation over conflict.
Newly confirmed Transportation Secretary Sean Duffy is quickly addressing key priorities, including a review of fuel economy standards and enhancing travel safety, with bipartisan support and a focus on infrastructure and regulatory reform.
The Federal Open Market Committee decided to maintain interest rates at 4.25%-4.5% during its first 2025 meeting, citing ongoing inflation challenges despite economic growth and a stable labor market.
Global tech stocks, including Nvidia, Microsoft, and Alphabet, faced a significant selloff due to the emergence of DeepSeek, a cost-efficient Chinese AI model, raising concerns over U.S. AI dominance and future demand for high-cost AI infrastructure.
Nvidia faced its worst single-day stock performance, losing nearly $600 billion in market value due to competition from Chinese AI company DeepSeek, raising concerns over Nvidia's dominance in the AI chip market.
China faces the annual Lunar New Year travel rush with record numbers and a severe cold front disrupting transportation. Premier Li Qiang urges preparedness, while the holiday also tests the country's economic resilience and consumer confidence.
Fuji TV held a marathon press conference addressing the involvement of an employee in a dispute involving former talent Masahiro Nakai, leading to the resignation of top executives and plans for company reforms.
Nvidia faced its worst trading day since March 2020, with shares dropping nearly 17% following the release of DeepSeek's R1, a cost-effective AI model from China. This event has sparked a debate on the future of AI infrastructure and spending.
Alphabet Inc., parent of Google, is advancing in AI and quantum computing, making it a top investment choice for 2025. With strong advertising revenue and technological innovations, Alphabet is undervalued and poised for growth.