U.S. markets pointed lower on Sunday night as the Trump administration showed no signs of backing off on tariffs or Federal Reserve Chairman Jerome Powell. After Wall Street previously downplayed risks from President Donald Trump’s trade war, investors are starting to take his tariff threats more seriously. Trump continued his letter-writing blitz, warning the EU…
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Delta Air Lines reinstated its 2025 profit outlook Thursday and said it expects a stronger summer travel season than Wall Street anticipated. Bookings have stabilized after a drop…
US equities traded higher on midday Thursday as investors parsed through a slew of tariff headlines and looked ahead to corporate results that are due to start next week. The S&P 500 Index added 0.2% by noon in New York, with nine of the eleven sectors rising, led by health care and consumer discretionary. Gains…
Oil and gas stocks falter European markets have been open for almost an hour now, and oil and gas stocks are still leading regional losses. The Stoxx Oil and Gas index was last seen trading 1.3% lower. Oil prices fell after the OPEC+ alliance agreed to a bigger-than-expected production increase. — Chloe Taylor Capgemini…
A peculiar phenomenon during bull markets should concern every serious investor. As stock prices climb and portfolios swell, a curious transformation takes place across social media and dinner tables. Suddenly, everyone discovers the secret to wealth creation. The investor, who had bought a few stocks last year, starts dispensing investment wisdom. The neighbour, who stumbled…
U.S. Treasury Secretary Bessent seeks end to ‘revenge tax’ on foreign investors US Treasury Secretary Scott Bessent speaks to reporters after meeting with Senate Republicans at the US Capitol in Washington, DC, on June 24, 2025. Saul Loeb | AFP | Getty Images In case you missed it, U.S. Treasury Secretary Scott Bessent on Thursday…
It may seem as if Treasuries are the better bet these days with the US stock market back near record highs and government securities offering respectable yields again. But stocks are still likely to pay more. The urge to ditch stocks is understandable. There’s a lot of uncertainty out there, much of which could have…
LONDON — Burberry reported full-year adjusted operating profit of £26 million ($35 million), beating low estimates as a turnaround program under new CEO Joshua Schulman progressed faster than markets predicted. Analysts had forecast only £4 million. Net results swung to a loss of £66 million for the fiscal year through March, compared to £383 million…
The busiest week of the earnings season is here, as investors look to some of the biggest companies in the world for guidance on how the global trade could impact their bottom lines. More than 160 S & P 500 members are slated to report, including Apple, Meta Platforms and Microsoft. Around 180 companies have…
For the group, Europe was the only region that posted growth (a 2 per cent increase), while Japan was down 1 per cent, the rest of Asia declined by 11 per cent and the US decreased 3 per cent (marking a deceleration compared with Q4, when US sales were up 3 per cent). By category,…