News

Wells Fargo shares climb on higher earnings, CEO calls for 'timely' trade resolution

Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,

Unprecedented ‘shock’: Why bond yields may face even more challenges ahead

A global trade slowdown tied to U.S. tariffs will likely create a challenging environment for bond fund managers, according to financial futurist Dave Nadig.

How China's exporters are scrambling to mitigate the impact of punishing U.S. tariffs

For China's exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.

JPMorgan Chase is set to report first-quarter earnings – here's what the Street expects

JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.

Tariffs, trade war inflation impact to be 'pretty ugly' by summer, economists say

Tariffs will take a few months to filter through to consumer prices, economists said.

How the mother of all 'short squeezes' helped drive stocks to historic gains Wednesday

Short sellers' bearish positions unexpectedly dropped in value as stocks soared on news of a tariff pause, forcing them to buy back shares to limit losses.

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table

This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.

Here’s the inflation breakdown for March 2025 — in one chart

The consumer price index fell in March, but President Donald Trump's tariff agenda and the specter of a global trade war threaten to reverse progress.

Stock market posts third biggest gain in post-WWII history on Trump's tariff about-face

Stocks skyrocketed in a kneejerk reaction to President Donald Trump's announcement to put a 90-day pause on some of the lofty 'reciprocal' tariffs.

Bill Ackman praises Trump's tariff pause: 'Thank you on behalf of all Americans'

"Thank you on behalf of all Americans," Ackman wrote in a post on social media platform X. Shortly after, he added, "[Treasury Secretary Scott Bessent] rocks!"

Chinese EV giant BYD expands in Europe with premium brand launch

Chinese electric car company BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.

Treasury Secretary Bessent says 'it's Main Street's turn' after Wall Street grew wealthy for 4 decades

"The Trump agenda is focused on Main Street. It's Main Street's turn... It's Main Street's turn to drive investment," Bessent said.
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