New Mexico lawmakers are to open a special session Wednesday to boost funding for food assistance and rural health care — actions the Democratic governor contends are needed to “minimize the damage from President Trump’s disastrous bill” cutting federal taxes and spending. The special session follows one in Colorado, where the Democratic governor asserted Trump’s…
(Reuters) -A look at the day ahead in European and global markets from Wayne Cole. Treasury yields and the dollar are down and most stocks a shade higher in Asia as investors wait to see if last gasp talks will prevent the U.S. government shutting from Wednesday. Expectations don’t seem high for a deal when…
US stock futures edged up Sunday night as investors regrouped from a losing week that saw cracks emerge in AI-focused stock trading as well as surprise tariff announcements from President Trump for Oct. 1. Contracts tied to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and Nasdaq 100 (NQ=F) all ticked up around…
The major averages finished this past week little changed, as a light economic and earnings calendar saw investors take the week’s events in stride, even President Trump’s latest tariff surprise late Thursday. In the week ahead, however, looming developments may prove more troublesome for financial markets. Tuesday is set to be a pivotal day for…
Final results for the University of Michigan’s September consumer sentiment survey released Friday showed sentiment slipped more than expected over the past month. The index of consumer sentiment fell to 55.1 — lower than the 55.4 projected by economists tracked by Bloomberg as well as the 58.2 in August and 70.3 the prior year. Preliminary…
US stocks rose on Friday as investors weighed President Trump’s fresh round of punishing tariffs and breathed a relative sigh of relief over an inflation report that came in line with expectations. The Dow Jones Industrial Average (^DJI) rose roughly 0.6%, leading gains, while the S&P 500 (^GSPC) gained 0.5%. The tech-heavy Nasdaq Composite (^IXIC)…
US stock futures wavered on Friday as investors weighed President Trump’s fresh round of punishing tariffs and waited for a fresh inflation reading to test rate-cut bets. Dow Jones Industrial Average futures (YM=F) inched up roughly 0.2%, while those on the S&P 500 (ES=F) ticked up 0.1%. Meanwhile, contracts on the tech-heavy Nasdaq 100 (NQ=F)…
US stock futures ticked higher as Wall Street awaited August’s Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation gauge, amid uncertainty over central bank policy. Futures attached to the Dow Jones Industrial Average (YM=F) hovered just above the flatline. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F)…
Livia Giuggioli, the ex-wife of Colin Firth, has given back a renowned royal award in a weird gesture of protest against the UK’s “appeasement” of President Trump during his recent state visit with Melania Trump. In a bold protest, Livia Giuggioli, former wife of Colin Firth, returned her MBE medal, criticizing the UK’s appeasement of…
Goldman Sachs (GS) CEO David Solomon said he hasn’t landed on a firm view about whether US public companies, including his own, should shift to reporting earnings half as often as the current standard. “I’m not ready to give … public advocacy on one side or the other,” Solomon said during a wide-ranging discussion at…