Seana Smith and Madison Mills are joined by top Wall Street and economic experts as they take a closer look at the stories moving markets on today's Catalysts.
After US President Donald Trump's tariffs on imports from Mexico and Canada were delayed, Nobel laureate in economics Paul Krugman — and author of the "Krugman Wonks Out" Substack — says tariffs are "a big threat," but mass deportations are "even bigger."
Despite Trump's ongoing tariff threats, Wilbur Ross, the former Secretary of Commerce under the first Trump administration, tells Yahoo Finance he does not believe a trade war will materialize.
Trump signed an executive order to create a sovereign wealth fund, with Treasury Secretary Scott Benson and Commerce Secretary Howard Lutnick set to propose plans in 90 days. The Catalysts team explains what exactly a sovereign wealth fund is and its purpose.
PayPal (PYPL), Advanced Micro Devices (AMD), and Estée Lauder (EL) are among the trending tickers on Yahoo Finance's platform.
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This post was written by Naomi Buchanan.