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Canadian PM Carney to visit Mexico in September to boost trade, Bloomberg News reports
(Reuters) -Canadian Prime Minister Mark Carney will visit Mexico on September 18 to meet with President Claudia Sheinbaum and discuss strengthening trade ties and supply chains amid U.S. tariffs, Bloomberg News reported on Friday, citing a person familiar with the matter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Jim Cramer Defends Apple Inc. (AAPL) Against Elon Musk
We recently published . Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed. Apple Inc. (NASDAQ:AAPL)'s shares have entered a period of strong performance after the firm smoothed over its frictions with the Trump administration. It announced an additional $100 billion investment in American manufacturing, and the shares have gained 14.8% since CEO Tim Cook was well-received by President Trump in the White House. More recently, Apple Inc. (NASDAQ:AAPL)s App Store came under fire from Elon Musk after he accused the company of favoritism when it came to OpenAI. Musk believes that his Grok AI is being disadvantaged in the App Store and has sued Apple Inc. (NASDAQ:AAPL). Here is Cramer's take on the affair: 'It wasn't clear, although, I would tell you that I don't believe, I think that, it's pay to play, to be at the top. I tried to load DoorDash today and Grubhub came up. Pay to play, above DoorDash, that's the way it works. This is, did anyone say that this is, that there is like a Truth In Lending here or anything? You can do whatever you want.' Previously, the CNBC TV host discussed Apple Inc. (NASDAQ:AAPL)'s share price performance and the potential drivers: 'I kept hearing that Cook and the president didn't get along because he wouldn't commit to making the iPhone in the United States. The drum beat grew so loud that I even asked Tim in my private chat… is it possible for you to work with the president?… He came back and he said that he has good relations with the president…. Tim Cook, if he says the relationship is good, then it's good, and that gave me the guts to tell you to stick with it. Now, with the stock at $220, nicely above where it was when the company reported, I need you to think about what has happened in the last 24 hours… Could Apple go from being the most expensive to being the cheapest, the best one for the phone companies to offer, so they can get new accounts? Isn't that what the stock's monstrous move from 203 to 220 in just two days is telling us?… While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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Here's how Americans are feeling about their finances now
A new Yahoo Finance/Marist Poll survey found that one in three Americans think their financial situation has deteriorated in the past year. Yahoo Finance Personal Finance Lead Editor Casey Bond shares more findings from the survey. To watch more expert insights and analysis on the latest market action, check out more Mind Your Money. One in three Americans say their financial situation has gotten worse over the past year. That's according to a new Yahoo Finance Harris poll. We're breaking down some of the survey's key findings. Yahoo Finance personal finance editor, Casey Bond joins me now. So, Casey, this is a very comprehensive breakdown. Let's start with how Americans are feeling about their finances. What else stood out to you in the survey? Um, sure. Well, our survey results really show a country that is divided when it comes to their financial health and knowledge. Um, at a high level, we found that younger generations, particularly Gen Z, tend to be more optimistic about their current financial standing and ability to save. Um, on the other hand, women tend to be a lot less positive about their finances than men. Um, and we also found that lower income households generally around under 50k a year, um are actually less likely to turn to debt to manage their budgets better versus higher earners. That's interesting. Now, let's zero in on savings. How are Americans feeling about that financial cushion? Um, right. So, um, again, the results were pretty divided. Uh about a quarter of our respondents said that they were very or completely satisfied with their savings over the last year. However, again, men were much more likely, um than women to say that they were satisfied with their savings progress. Um, and it might seem like, you know, women are maybe not as good at saving money or um, you know, men are inherently better at saving money. Um, but we had one of our reporters actually dig into this a little bit more to find out why this gap exists. And uh one of the reporters that she spoke to said that there are some financial challenges that are unique to women. Um, for example, they're still paid less than men, um on average. And there's also this cultural expectation for women to leave the workforce or um take lower paying more flexible jobs in order to provide caregiving within the household. So that kind of gives a little bit more context to some of these results. Mhm. And for those that are worried about their savings, how are they planning to deal with a potential cash flow shortfall? Sure. So, when you're in a situation where your expenses are exceeding your income, there are several steps you can take from, you know, dipping into your savings to maybe taking out a personal loan. Um, we found that about 40% of our respondents would actually cut their spending first, um which is a little bit surprising given today's economic environment and how inflated prices are. Um, and particularly households earning under 50k again are the ones who are most likely to say that they would cut their spending first. Um, another 26% said that they would dip into their savings. Um, 23% said that they would use a credit card and then just 10% said that they would borrow money in some other capacity. Thanks, Casey. And you can scan the QR code below to get more insights from our Yahoo Finance Harris poll. Related Videos Consumer health is 'relatively sunny,' but some risks persist Sandisk guidance, Evolv Technologies earnings, Flowers Foods outlook What economists are saying about inflation now Intel & Trump, Opendoor CEO resigns, EV makers & EV tax credits Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
