Articles

Fed Beige Book says ‘pervasive’ uncertainty from trade fights depresses outlook for economy

Economy gets short-term boost from buyers trying to avoid tariffs

Here’s why Capital One and other banks took ‘rainy day’ money off their balance sheets

Improved credit quality at Capital One allowed the company to channel more money to earnings.

Wednesday’s relief rally suggests the ‘Sell America’ trade is on pause. But is the worst really over?

The dollar and U.S. government debt have been at the center of the “Sell America” trade for weeks. That trade is taking a break for now, however, as investors and traders jumped back into long-term Treasurys and sent the greenback higher against major rivals on Wednesday.

My wife, 66, has a pension, but never paid into Social Security. Does new legislation mean she’ll now receive benefits? 

“I wasn’t planning on starting my benefits until age 67, but that will put her at 76.”

Has bitcoin halving lost its mojo? The crypto sees its worst ever post-halving performance. 

It’s been a year since bitcoin’s last halving. Investors expected the crypto’s price to skyrocket, but bitcoin has posted the worst post-halving performance in history.

GE Vernova now sees tariff costs of up to $400 million but keeps outlook intact

GE Vernova’s stock surged Wednesday after the power and renewable-energy company reported quarterly profit that was more than double expectations.

Scott Bessent offers a gentler message again, saying ‘America First’ does not mean ‘America alone’

U.S. Treasury Secretary Scott Bessent spoke Wednesday at an Institute of International Finance event in Washington, D.C.

Trade wars feed inflation, slow economy and depress business confidence, S&P finds

Pessimism rises to levels last seen during pandemic

Senior housing is so scarce that many older adults are buying before they even need it

More than 564,000 new senior-housing units are needed to meet demand by 2030 — but only 191,000 will be added at current development rates.

SAP extends lead as Europe’s most valuable company after earnings beat

SAP extended its lead as Europe’s most valuable company after the business-software company’s stock saw its best surge in six years.

Boeing sees commercial airplane revenue surge, even after tariff announcements

Boeing’s stock jumps, as losses surprisingly narrow much more than expected, and revenue rose for the first time in over a year.

AI data center buildups are boosting Vertiv’s sales. Its stock is rallying.

Vertiv said it’s working to mitigate any tariff impact and wants components made in Mexico to be exempt under the 2018 USMCA free-trade agreement.
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