Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
World’s Worst Expo is a name that’s attracting crowds in Sacramento.Hundreds gathered at the Safe Credit Union Convention Center for the free event highlighting vintage clothing and other goods.Organizers call it a movement to shop second-hand.What started as two friends bringing local vendors together to sell clothing, shoes and more, has really exploded in the…
Global fund managers dumped a record amount of US stock during last week’s sell-off, BofA found. The surveyed investors expressed pessimism around the global economic-growth picture. Stagflation was a commonly-cited fear, with expectations for the scenario at the highest since late 2023. As US stocks slipped into a 10% correction last week, investors were dumping…
Warren Buffett’s Berkshire Hathaway cut its Bank of America stake and other bets last quarter. The investor’s company exited two S&P 500 funds and only added one new stock, Constellation Brands. Buffett’s conglomerate sold a net $127 billion of stocks in the first nine months of last year. Warren Buffett and his deputies pared bets,…
Retail traders tell BI they’re capitalizing on market volatility driven by Trump. Increased retail trading activity has led to record inflows and high sentiment scores. Investors are divided, with some cautious due to uncertainty and others seeking opportunities. John Richardson, a 68-year-old retiree from Michigan, feels like there’s a lot of money to be made…
Madi Scott and Gabby Marcellus are an influencer-event planner duo that had a united mission to get off of the dating apps and create genuine connections.Over dinner one night, they had the idea to create what is now called Single Scene, or as Gabby calls it, ‘the Greenville Love Island or the Greenville Bachelor.’Every other…
AppleTV+ is now available for Android users to download. It’s a rare step by Apple to make its own apps available to non-iOS systems. Apple has been pushing to increase recurring revenue at its services businesses, including AppleTV+. Apple’s streaming platform is officially available on Android devices. The Google Play store now has the AppleTV+…
NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
CRASH. go to MY-NBC-five- DOT-COM OR DOWNLOAD OUR MOBILE APP. STARTING TOMORROW, THE TRUMP ADMINISTRATION SAYS THAT IT WILL PLACE A 25-PERCENT TARIFF ON GOODS ENTERING THE U-S FROM CANADA, MEXICO AND CHINA. MANY PEOPLE ARE WORRIED THAT THEY’RE GOING TO HAVE AN IMPACT ON AMERICANS’ POCKETS, INCLUDING AT THE GAS PUMP. VERMONT DEPENDS ON…
Bill Gates says that Elon Musk shouldn’t be weighing on foreign politics. In recent weeks, Musk commented on politics in Europe, including the German elections. Gates said Musk should not be telling people who to vote for. Bill Gates doesn’t like how Elon Musk has involved himself in the politics of foreign countries like the…