logo
Business Rundown: On Tariffs & Market Volatility, Is Trump 'Playing 4-D Chess?'

Business Rundown: On Tariffs & Market Volatility, Is Trump 'Playing 4-D Chess?'

Fox News14-03-2025

President Trump's tariff threats have brought upon some volatility in the markets, but his administration says they're not afraid to weather a bit of uncertainty to achieve long-term American growth.
The Big Money Show co-anchor Taylor Rigs speaks with Prime Capital Financial's Director of Investments Will McGough about balancing concern for the market downturn with optimism for long-term growth potential, quantum computing's possible 'ChatGPT moment,' and why he's not overthinking the Trump administration's guidance on momentary volatility.
Photo Credit: AP
Learn more about your ad choices. Visit podcastchoices.com/adchoices

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

SBA Administrator Kelly Loeffler Calls on California Governor Gavin Newsom to Request Disaster Declaration for Small Businesses Impacted by L.A. Riots
SBA Administrator Kelly Loeffler Calls on California Governor Gavin Newsom to Request Disaster Declaration for Small Businesses Impacted by L.A. Riots

Yahoo

time18 minutes ago

  • Yahoo

SBA Administrator Kelly Loeffler Calls on California Governor Gavin Newsom to Request Disaster Declaration for Small Businesses Impacted by L.A. Riots

Agency Requests Authorization to Deliver Aid to Victims of Looting, Property Destruction WASHINGTON, June 09, 2025 (GLOBE NEWSWIRE) -- Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), called on California Governor Gavin Newsom to request an SBA Economic Injury Disaster Loan (EIDL) Declaration to authorize the agency to begin delivering urgent assistance to small businesses across Los Angeles that have been ransacked by rioters since civil unrest began last week. The agency stands ready to deliver critical aid to innocent American victims – whose storefronts have been looted and destroyed by the migrant mob that is wreaking havoc in defense of criminal illegal aliens. 'We're giving Gavin Newsom the opportunity to stop siding with criminal illegal aliens and start siding with law-abiding Americans – many of whom have lost everything to the violent and destructive riots across Los Angeles,' said SBA Administrator Kelly Loeffler. 'The migrant mob has looted stores, destroyed storefronts, and committed criminal acts of vandalism against our small businesses. Although local leaders are allowing Los Angeles to burn, federal partners are ready to help American citizens rebuild – and we will do so, as soon as the Governor answers their call for help.' For the safety of employees and small business owners, Administrator Loeffler recently announced that SBA would be relocating its Regional Office out of Los Angeles due to the city's refusal to cooperate with U.S. Immigration and Customs Enforcement (ICE). The Regional Office is located mere steps from the violence that continues to occur in downtown Los Angeles – and where U.S. Marines have been deployed to restore order. The SBA has provided the state of California with all relevant information needed to request an EIDL Declaration – which will allow small businesses in Los Angeles to apply for low-interest, long-term loans of up to $2 million to help them rebuild following the catastrophic violence of this weekend. Given the urgency of the situation, the SBA is committed to approving any such disaster declaration as soon as it is submitted by Governor Newsom. CONTACT: SBA HQ Press Team U.S. Small Business Administration press_office@ in to access your portfolio

Here's Why Archer Aviation Stock Is Soaring Today
Here's Why Archer Aviation Stock Is Soaring Today

Yahoo

time23 minutes ago

  • Yahoo

Here's Why Archer Aviation Stock Is Soaring Today

The White House is officially encouraging the development of the nation's air taxi industry. A recent executive order calls for at least one private company to be involved in shaping the launch and future of this business. Even though Archer isn't guaranteed to be a part of this laying of regulatory groundwork, regulatory hurdles may have just been lowered. 10 stocks we like better than Archer Aviation › Shares of Archer Aviation (NYSE: ACHR) rekindled their choppy recovery rally today, up 11.7% as of 2:33 p.m. ET. While the reason for the big move doesn't directly translate into real revenue or profit progress, it certainly makes both much more likely than was first anticipated. Credit President Donald Trump, mostly. With an executive order signed late Friday, the U.S. president has hastened the advent of the United States' electric air taxi industry that will provide personal mobility from one specific inner-city location to another. The order explicitly requests that the Secretary of Transportation begin laying the groundwork for the development of an official eVTOL (electric vertical takeoff and landing) pilot program that includes the participation of at least one "private sector partner with demonstrated experience in eVTOL aircraft development, manufacturing, and operations." Archer Aviation qualifies. Its so-called Midnight aircraft capable of flying like an airplane but taking off and landing like a helicopter is not only fully electrically powered, but has already made several hundred successful test flights. Moreover, the company itself is already laying the groundwork for commercial operations in New York and Los Angeles. Transportation Secretary Sean Duffy could readily meet President Trump's accelerated timeline goals using Archer's work to date. There's no assurance that Archer Aviation will be one of the private sector outfits brought into this regulatory fold, of course. There are others that qualify, like Joby Aviation. There's also no reason to suspect that only one private operator will become involved in this official test initiative though. And, given that Archer is developing a version of its Midnight aircraft specifically for the U.S. Air Force, its technology also already arguably has the U.S. government's unofficial approval. And, whether or not Archer is selected for involvement with the Secretary of Transportation's new mandate, there's more than ample opportunity for more than one air taxi service provider in the U.S. alone, not to mention overseas. Industry research outfit Global Market Insights believes the world's air taxi market is poised to grow at an average annualized pace of more than 20% per year through 2032, led by North America. More important to interested investors, Trump's executive order creates more room and reason for Archer Aviation stock to continue rallying from here. Although the start-up is still years away from profitable operations -- and as such still poses tremendous risk to its shareholders -- the potential upside is commensurate with this risk. Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 James Brumley has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Here's Why Archer Aviation Stock Is Soaring Today was originally published by The Motley Fool 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

Hardline House conservatives swing for fences in asks to Senate GOP on megabill
Hardline House conservatives swing for fences in asks to Senate GOP on megabill

The Hill

time23 minutes ago

  • The Hill

Hardline House conservatives swing for fences in asks to Senate GOP on megabill

Hardline conservatives in the House are making a broad swath of recommendations to make the 'One Big Beautiful Bill' of President Trump's tax cut and spending priorities even more conservative. A 10-page memo labeled to Senate Republicans from 'House Conservatives' — with input from members of the House Freedom Caucus while not being officially from the group — and shared with The Hill shows the hardliners swinging for the fences with numerous suggestions to change the megabill. Those include some controversial suggestions that were previously rejected by the House, like putting restrictions on the Medicaid Federal Medical Assistance Percentage (FMAP) that was expanded under ObamaCare; and further reigning in the ability of states to extract more federal Medicaid matching dollars through provider taxes imposed on health care providers. They call for ramping up the repeal of green energy incentives — a position opposed by just over a dozen House GOP moderates, who wrote to the Senate last week to request that leaders 'improve' the green energy tax credits rather than eliminate them The memo calls to scale back the increase to the state and local tax (SALT) deduction, which the bill increases from $10,000 to $40,000 with a phase-out for income above $500,000 — a compromise reached after intense and testy negotiations with blue-state republicans, and a measure considered critical to ensuring the bill makes it to the president's desk. And it pitches increasing a new 3.5 percent tax on remittances that migrants send to their home countries, among other measures — some of which were not fully explained. 'While the House OBBB limits certain benefits for illegal aliens, it does not fully end all taxpayer-funded benefits they receive, and it should,' the memo says. It closes: 'Other Matters Deserving of Consideration That We Are Not (Sufficiently): a) Fed pays interest to banks (Trillions), b) Higher remittance fees (up to point, Billions), c) Prohibition on foreign / China land ownership not restricted enough, d) Other.' The House cleared the 'One Big Beautiful Bill Act' last month, moving it through a special budget reconciliation process that bypasses the need to get Democratic support in the Senate. Senate Republicans are expected to make changes to the bill, which the House will have to vote again to approve before it heads to Trump's desk. Leaders have set a goal of rubber-stamping the bill by July 4 — a timeline seen as ambitious by many in the GOP and their allies outside Congress as different factions in the party jockey over its provisions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store