Coming into the new presidency the playbook for traders was obvious. Bet it all on a core of America First-linked champions, from Tesla Inc. and crypto to smaller companies. Turns out, amid spiraling policy shifts and worsening economic data, whittling yourself down to just a few bold calls has been one of the worst things…
Stocks are taking a battering on Friday amid growing concerns on Wall Street about the impact of President Trump’s tariff regime as well as hotter-than-expected price data, sparking worries that the Federal Reserve is far from declaring victory on inflation. The Dow Jones Industrial Average tumbled 758 points, or 1.8%, to 41,541.09 in Friday afternoon…
In This Story The Federal Reserve may get stuck between President Donald Trump’s public demands for interest rate cuts and the central bank’s mandate to curb inflation after its favorite price measure picked up by more than expected in February. Gap is betting Old Navy and AI will help solidify its position in retail Core…
The United Kingdom’s Spring Statement 2025 brings major changes to benefits, household bills, and employment policies. While some persons will see financial gains, others—especially those on disability benefits—could face cuts, which will likely impact their daily lives. Here’s how the Spring Statement 2025 will be affecting you: 1 Changes to Benefits Millions of persons on…
Both the protests and the market fallout could have been worse, Deutsche Bank strategist Jim Reid said in a note to clients on Monday. “The fact that he wasn’t charged with terrorism means the news isn’t as extreme as it could have been,” he argued, noting that “such a move would have led to the…
Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest rate…
Elon Musk stands as he is recognized by U.S. President Donald Trump during Trump’s address to a joint session of Congress at the US Capitol in Washington, DC, on March 4, 2025. Saul Loeb | Afp | Getty Images Stocks are wobbling. Inflation is expected to tick higher again, if maybe only in the short-term,…
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228…
WASHINGTON, DC — Federal Reserve Chair Jerome Powell speaks at a news conference following a Federal … [+] Open Market Committee (FOMC) meeting on March 19, 2025 in Washington, DC. (Photo by Sha Hanting/China News Service/VCG via Getty Images) China News Service via Getty Images The Federal Reserve’s Federal Open Market Committee (FOMC) held interest…
Mar 20, 2025 12:26 PM IST Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news LONDON — The Bank of England is set to keep U.K. interest rates unchanged Thursday even though the economy is barely growing and set for further uncertainty in light of the tariff policies…