In a significant policy turnaround, former U.S. President Donald Trump has announced sweeping tariffs of 25% on all foreign cars and some automobile parts, to be imposed on April 2, 2025. The decision is aimed at restructuring the U.S. automobile industry, boosting domestic production, and repairing long-standing trade imbalances. Understanding the Scope of the Tariffs…
In a dramatic turn of events, genetic testing company 23andMe’s stock (NASDAQ: ME) has witnessed a sharp plunge in its stock price following alarming news of its CEO’s resignation and speculation surrounding the company’s financial health. As investor sentiment nosedives, concerns about potential bankruptcy and leadership instability have taken center stage. What Occurred? On March…
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