Finance
Investors returned from an extended weekend, during which President Trump signed his self-described “one big, beautiful bill” on Independence Day, only to face elevated tariff worries and retreating stocks. There’s some confusion as Wednesday’s “reciprocal” deadline approaches: Trump threatened higher tariffs against unspecified countries and said he’s sending out signed letters with tariffs penciled in […]
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Over the last 7 days, the United States market has remained flat, yet it is up 8.0% over the past year with earnings forecasted to grow by 14% annually. In this context of steady growth, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability in a competitive landscape. Top […]
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Stocks lack direction early as investors brace for Fed minutes, Nvidia, and Salesforce earnings later. Nvidia’s guidance is key amid concern over its China business. Three things to watch On the move As of early Wednesday, futures trading indicated just a 2% chance of a Fed rate cut in June, and 24% in July, according […]
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India has reportedly offered the US steep tariff cuts but is seeking to retain high duties on some agricultural commodities, such as food grains and dairy products, according to a report in the FT on Wednesday. India is not the only trading partner seeking a tariff reprieve. The European Union has agreed to fast-track trade talks […]
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If you’re like many investors, you’ve allocated more of your investment portfolio to cash instruments over the past few years. And why not? Yields on money market funds and CDs had hovered around 5%, creating a rare opportunity to get a relatively high return while assuming a very low level of risk. The Federal Reserve lowered the […]
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(Bloomberg) — Longer-dated Treasury yields rose to the psychological 5% level and S&P 500 Index futures slid with the dollar after a downgrade of the US’s credit score by Moody’s Ratings increased concerns over the nation’s debt. Most Read from Bloomberg Moody’s announced Friday evening it was stripping the American government of its top credit […]
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April U.S. consumer prices showed little impact from trade policy as the Consumer Price Index (CPI) rose 0.2% for both headline and core inflation. That was better than analysts’ average expectations of 0.3% for each, and annual inflation dropped to 2.3%, below the 2.4% Wall Street forecast. Core excludes volatile energy and food prices. “Good […]
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The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump’s tariffs next to the total price of products on its site. “This is hostile and political act by Amazon,” White House press secretary Karoline Leavitt told reporters. “Why didn’t Amazon do this when the Biden administration hiked inflation to the highest level […]
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President Trump’s first 100 days back in office clearly transformed America’s political landscape, but a range of big-ticket items are still in progress, with tariffs atop the list for markets. The uncertainty there appears likely to stretch at least into the summer, with a series of conflicting statements from Trump and his aides in recent days […]
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