Anthony Scaramucci, former White House communications director, expressed concern that President Trump's tariff policies may push the U.S. into a recession. He compared tariffs to a consumption tax, arguing that they disproportionately affect lower-income individuals and could lead to economic instability.
The bond market is signaling a potential U.S. economic slowdown due to President Trump's policies, particularly the trade war and federal workforce cuts, which are creating uncertainty and potentially hindering growth. Investors are shifting to short-dated Treasuries, anticipating interest rate cuts by the Federal Reserve to counter any economic deterioration.
Anthony Scaramucci, former White House communications director, has expressed concern that President Donald Trump's tariff policies may push the U.S. into a recession. Scaramucci compared tariffs to a consumption tax, stating that they disproportionately affect lower-income individuals and could lead to economic instability.
Vail Resorts is expected to report second-quarter earnings of $6.32 per share, up from $5.76 per share in the year-ago period, with revenue projected to reach $1.14 billion. The company's shares rose 0.2% to close at $157.51 on Friday despite a 0.3% year-over-year decline in season-to-date skier visits.
Nintendo is celebrating MAR10 Day with a variety of discounts, sweepstakes, and other promotions, including a special bundle featuring the Nintendo Switch – OLED Model and a digital copy of Super Mario Bros. Wonder. The company is also launching a Mario-themed aircraft in partnership with JetBlue Airways and introducing a new Nintendo Sound Clock that plays themed soundscapes from Nintendo games.