03-02-2025
Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.
03-02-2025
The bond market on Monday saw a split reaction to President Donald Trump’s tariffs on Canada, Mexico and China, with short-term yields surging but longer-term yields relatively unchanged.
03-02-2025
With tariff plans for Canada, Mexico and China, the Trump administration is potentially headed for a “business-unfriendly” stance, cautions JPMorgan.
03-02-2025
Hollywood legend Meryl Streep took drastic action to flee the deadly LA.. wildfires after a tree fell across the driveway of her $4.5 million Pasadena house.
03-02-2025
The home was last put on the market 72 years ago, when it was purchased by Hollywood starlet Noreen Nash.
03-02-2025
Shares of the Big Three automakers slumped on Monday in premarket trade as the impact of 25% tariffs on Canada and Mexico hit the companies hard.
03-02-2025
Former Treasury Secretary Larry Summers minced few words in an interview after President Donald Trump’s decision to impose 25% tariffs on Canadian and Mexican goods.
02-02-2025
U.S. stock-index futures were expected to open lower Sunday night after President Donald Trump announced heavy tariffs on imports from Canada, Mexico and China, as investors braced for volatility across financial markets.
02-02-2025
A softer-than-expected jobs report to be released next week may refuel market chatter about potential rate cuts this year, propelling U.S. stocks to resume their rally, as the Federal Reserve paused its rate cuts on Wednesday and took a “wait-and-see” approach.
02-02-2025
DeepSeek last week shook markets with its promises of lower-cost, lower-energy artificial intelligence that could go head-to-head with platforms like ChatGPT. And as interest in the China-based AI developer’s chatbot surged, it raised concerns over whether the biggest U.S. technology companies, who have poured billions into AI themselves, had essentially lit their money on fire.
01-02-2025
Amazon’s stock chart suggests a “multi-year breakout” has resumed, and the loss of some UPS deliveries won’t stop it.
01-02-2025
President Trump announced new tariffs on imports from Canada, Mexico and Canada Friday afternoon, opening up the first fronts in a trade war that could soon engulf numerous U.S. trade partners, including allies and enemies alike.