Bloomberg News is now tracking the daily gyrations and cumulative impact of Donald Trump’s second term on stocks, the dollar, 10-year Treasury notes, gold and Bitcoin. Click here to see the tracker . Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The…
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) -European airline shares have soared in the last six months despite geopolitical and economic uncertainty, while those of U.S. airlines have sold off amid a pullback in travel spending. The stock market has been turbulent since the start of this year as U.S. President Donald Trump’s…
00:00 Speaker A Time now for to watch next week. Gonna start off on the earnings front. We’re getting another round of earnings, including FedEx, Micron, and Nike. Nike announced results for the fourth quarter on Thursday. That’s after the markets close. Been a rough year for Nike offering big discounts to clear out product…
Expenditures by Chinese consumers failed to pick up during the Dragon Boat Festival holiday even though more people hit the road, reflecting subdued consumer confidence in an economy reeling from US tariffs, despite a trade truce. A total of 119 million trips were made domestically during the three-day holiday, rising 5.7% from a year earlier….