A surprise move from Washington sent ripples through the global currency markets on Monday, giving emerging market currencies a much-needed lift as risk appetite returned. In a holiday-thinned trading session, President Donald Trump’s decision to delay the imposition of steep tariffs on the European Union gave global investors room to breathe — and they took […] More
Ongoing trade policy uncertainty has put the Federal Reserve in a holding pattern, with rate cuts now likely delayed, according to a top central bank official. As global markets absorbed another jolt from Washington’s shifting trade stance, Chicago Federal Reserve President Austan Goolsbee offered a sobering update: the Fed’s next interest rate move may take […] More
Despite bold promises of a blue-collar renaissance, President Donald Trump’s tariffs may not deliver the manufacturing job boom many hoped for, according to a new analysis by Wells Fargo. A Costly Vision of “Made in America” President Trump’s trade strategy—built on raising tariffs to pressure foreign producers and entice U.S. companies to bring factory jobs […] More
Stocks made sharp moves on Wall Street this afternoon, with several big names swinging on earnings results, analyst calls, and broader economic headwinds. From luxury apparel to health insurance and tech, here’s a closer look at today’s biggest stock market movers. Target Falls on Disappointing Outlook Target (TGT) shares slid 4% midday after the retail […] More
Wall Street is waking up to a mixed bag of early movers, as investors digest corporate earnings, analyst upgrades, and big tech announcements ahead of Monday’s opening bell. Here’s a closer look at the top stocks making waves in premarket trading. Home Depot Holds Steady Amid Tariff Concerns Shares of Home Depot rose 2.4% premarket […] More
Despite a rocky start to the trading week following Moody’s downgrade of U.S. credit, Wall Street strategists are urging investors not to panic—arguing instead that this pullback offers a strategic buying opportunity. Market Jitters Triggered by Moody’s Downgrade Stocks opened lower on Monday after Moody’s Investors Service revised its outlook on U.S. government debt from […] More
DUBAI — President Donald Trump announced Friday that the United States will soon unveil new tariff rates for several trading partners, signaling a major shift in global trade policy that could have ripple effects across markets and industries. Speaking during a high-profile business summit in the United Arab Emirates, Trump emphasized that while his administration […] More
JPMorgan Chase CEO Jamie Dimon isn’t ruling out a recession, even as U.S.-China trade tensions show signs of easing. In a candid interview with Bloomberg Television on Thursday, Dimon emphasized that the possibility of a U.S. economic downturn remains very much alive, highlighting persistent uncertainty in both markets and policy. Recession Odds “Still Elevated,” JPMorgan […] More
The stock market saw dramatic swings midday as several companies made headlines with earnings surprises, IPO excitement, and major partnership deals. From AI to aerospace, investors had a wide range of developments to digest. Oklo Delivers Smaller Loss, Surprises Investors Shares of nuclear energy startup Oklo jumped over 16% after the company posted a better-than-expected […] More
The U.S. inflation rate cooled in April, offering some breathing room for consumers and policymakers alike, as markets brace for potential impacts from Trump’s renewed tariff strategy. Inflation Slows More Than Expected The pace of inflation in the U.S. continued to ease in April, with the annual consumer price index (CPI) rising just 2.3%, according […] More
Investors cheered a double dose of good news Monday as tech and pharma stocks rebounded sharply, sending markets higher. Markets saw a broad-based rally to start the week as investors reacted positively to two major developments: a temporary U.S.-China tariff truce and a less-severe-than-expected executive order on drug pricing. The day’s biggest gainers included major […] More
Market Movers This Week: Earnings Take Center Stage In one of the most volatile weeks of the earnings season, Wall Street witnessed significant stock swings as companies released their quarterly results. Major players in healthcare, technology, ride-sharing, and digital advertising saw their stocks surge, while others in food service and travel faltered on weak forecasts. […] More