Shipping containers are seen at the Port of Montreal in Montreal, Canada, on Feb. 3, 2025. Andrej Ivanov | Afp | Getty Images President Donald Trump imposed broad tariffs on China that took effect Tuesday, while his tariff threats hang over other major trading partners: Canada, the European Union and Mexico. That may lead some
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Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bank shares rose Thursday after the Federal Reserve released parameters for its annual industry stress test showing smaller hypothetical shocks to the U.S. economy than in previous
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
In this article AAPL MSFT NVDA AMZN META GOOGL TSLA SPHQ AVGO Follow your favorite stocksCREATE FREE ACCOUNT Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification. Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent
U.S. Sen. Elizabeth Warren (D-MA) speaks to a crowd gathered in front of the U.S. Treasury Department in protest of Elon Musk and the Department of Government Efficiency on Feb. 4, 2025 in Washington, DC. Anna Rose Layden | Getty Images U.S. senators expressed concern on Friday that Elon Musk’s cost-cutting effort, the Department of
Chappell Roan at the 67th GRAMMY Awards held at the Crypto.com Arena on Feb. 2, 2025 in Los Angeles, California. Christopher Polk | Billboard | Getty Images With a Grammy win for best new artist, Chappell Roan is at a career high. A few years ago, she was one of the millions of Americans without
Coroimage | Moment | Getty Images Many workers value remote work to such a degree that they’d take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work ballooned during the Covid-19 pandemic. Many experienced telework perhaps for the first time in their
Freshsplash | E+ | Getty Images Despite the Federal Reserve‘s recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may not be a win for consumers. Senators Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a
President Donald Trump takes questions during a press conference with unseen Israel’s Prime Minister Benjamin Netanyahu in the East Room of the White House in Washington, DC, on February 4, 2025. Andrew Caballero-Reynolds | Afp | Getty Images President Donald Trump on Thursday met with Republican lawmakers to outline his tax agenda, including plans to
Hispanolistic | E+ | Getty Images Tax season has kicked off, and the IRS has issued roughly 3.2 million refunds this year as of Jan. 31, the agency reported. This represents current-year returns filed. The average refund was $1,928 over the first four days of the filing season. However, the IRS expects more than 140
Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025. Evelyn Hockstein | Reuters Americans’ credit card balances soared to a record $1.17 trillion in 2024 — and even the wealthy are
A Ferrari-inspired mansion known as Casa Maranello in Delray Beach, Florida, shattered a local record last week when it traded for $50.5 million. Not only was the megadeal the biggest the area has ever seen, but it was also one of the most unusual: The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art,
In this article F GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Lincoln Nautilus Ford DETROIT — President Donald Trump‘s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles. But those tariffs are also hitting auto parts, which could increase already heightened vehicle prices for
In this article NOVO.B-DK Follow your favorite stocksCREATE FREE ACCOUNT It’s been a rocky few months for Novo Nordisk. Prescription data from IQVIA suggests Novo’s obesity drug Wegovy is losing ground to rival Zepbound from Eli Lilly. Wegovy’s potential successor, CagriSema, came up short of investor expectations in a closely watched Phase 3 trial. Novo’s
A person walks past the New York Stock Exchange at Wall Street in New York on Feb. 3, 2025. Angela Weiss | AFP | Getty Images A “torrid two-year stretch” prompted the S&P 500 to gain around 70%, but that momentum is stalling, Morgan Stanley Wealth Management said in its investment strategy research this week.
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale. Mortgage rates haven’t moved much in the last few weeks, and home prices continue to rise. Mortgage applications to purchase a home last week dropped 4%, compared with the previous week,
“No Tax on Tips” Could Backfire | Op-Ed Skip to content Home • Op-eds • How “No Tax on Tips” Could Backfire Just over a week into his second presidency, Donald Trump is moving at breakneck speed, signing executive orders and implementing ambitious policy reversals that could have transformative effects. Amid this blizzard of activity,
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, on June 7, 2022. Yousef Saba | Reuter Disney posted fiscal first-quarter earnings Wednesday
In this article UBER Follow your favorite stocksCREATE FREE ACCOUNT Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company did: Earnings per share: $3.21. That does not compare with the 50 cents expected by LSEG.
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Former President Joe Biden forgave more student debt than any other president. However, the country’s education debt tab still grew during his presidency. Outstanding federal
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