-
BlackRock Boosts Outlook for US Stocks on Tariffs Pause
The BlackRock Investment Institute said Monday that it is taking a modestly more bullish stance on U.S. stocks following the announcement of a 90-day pause in implementing most U.S. tariffs.
-
Where Tariff Price Hikes Will Hit Your Wallet First
President Donald Trump's tariffs will raise the prices of almost all goods imported to the United States. Coupled with an initial round of tariffs last month, his actions will place a levy of 10% to 54% on foreign goods.
-
Citigroup Downgrades US Equities, Cuts S&P 500 Target Below 6000
Citigroup downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year as it expects tariff uncertainty to hurt corporate America's earnings.
-
Goldman Raises Year-End Gold Forecast to $3,700/oz
Goldman Sachs has increased its year-end gold forecast to $3,700 per troy ounce, citing stronger-than-expected central bank demand and heightened recession risks impacting ETF inflows.
-
Dollar Slides as Confidence Shaken in US Asset Safety
The dollar continued to slide against major currencies Friday as the back-and-forth over import tariffs shook investor confidence in the safety of the greenback, sending it to its lowest level in a decade against the Swiss franc and a three-year low versus the euro.
-
Social Security Will Use X to Make Announcements
The Social Security Administration said it will use the social media platform X to make announcements moving forward.
-
Broadening Asset Volatility Intensifies Worries for Stocks
Wild swings in global markets are poised to keep U.S. stock investors on edge in the coming week, as a weakening dollar and a selloff in Treasuries compound extreme equity volatility that erupted after President Donald Trump launched his sweeping tariffs.
-
Freak Selloff of Safe-Haven US Bonds Raises Rattles Wall Street
The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.
-
Consumers Stock Up on Canned Food Ahead of Price Hikes
With tariffs set to raise food prices 2.8% to 4%, consumers are stocking up on canned goods at big box retailers including BJ's, Costco and Target, a report from Consumer Edge found.
-
Gold Surges Past $3,200 in Record Rally
Safe-haven gold surpassed the key $3,200 mark for the first time Friday, spurred by a weaker dollar and economic concerns due to an intensifying trade war.
-
Investors in High Anxiety Mode After Painful Week
Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors and a move by some to dial down risky positions as they wait to see how the Trump administration's policy on tariffs shakes out.
-
Tariffs Threaten to End Quarter Century of Cheap Goods for US
President Donald Trump's new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months, possibly ending the era of cheap goods that Americans enjoyed for about a quarter-century before the pandemic.
-
Janus Henderson: Cut Stock Exposure as Recession Looms
Janus Henderson, which manages $379 billion in assets, is advising investors to cut stock holdings and buy more investment-grade sovereign bonds as tariffs threaten to slow global growth, a fund manager said.
-
Wall Street Whiplash Brings Fear, Relief & Caution
Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump's tariff policy, scrambling to figure out strategies and calming clients as trillions were wiped off stock market values.A massive relief rally, however, comes with a...
-
Egg Prices Reach Record High of $6.23 Per Dozen
U.S. egg prices increased again last month to reach a record-high of $6.23 per dozen despite President Donald Trump's predictions, a drop in wholesale prices, and no egg farms having bird flu outbreaks.
-
Gold Shines as US-China Trade War Heats up
Gold prices rose more than 1% Thursday, extending previous session's sharp rise, as a drop in the dollar and an escalating trade war between the U.S. and China drove investors towards the safe-haven allure of the precious metal.
-
Magnificent Seven Rides Again, Adds $1.5T in Value
The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.
-
Walmart Vows to Keep Prices Low Despite Tariffs
Walmart on Wednesday promised to keep prices low despite President Donald Trump's tariffs.
-
Social Security Announces Plan to Check for Fraud
The Social Security Administration announced on Tuesday its plans to perform an "anti-fraud check" on claims filed by phone and walk-back services over the phone.
-
Gold Nears $3,100 for Best Day Since October 2023
Gold climbed more than 2% Wednesday and was poised for its best day since October 2023, supported by safe-haven inflows amid escalating U.S.-China trade tensions as U.S. President Donald Trump further increased tariffs on China.
-
Magnificent Seven to Add More Than $1T in Value
The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.
-
USPS Seeks to Hike Stamp Prices to 78 Cents
The United States Postal Service said Wednesday it wants to raise the price of first-class mail stamps to 78 cents from 73 cents effective July 13.
-
Tariffs, Gold & Your Future
Gold is more than a commodity, it's a signal. As the global economy reels from another round of sweeping tariffs, precious metals are sending a clear message: investors are nervous, and they're moving to protect themselves.
-
US Corporate Bond Market Shuts Again on Tariff Volatility
The U.S. corporate bond market has shut again after opening for just one bond offering on Tuesday, as spreads in the week after President Donald Trump's Liberation Day tariffs have widened the most since 2023's regional banking crisis.
-
30-Year Mortgage Drops to 6.61%, Applications Surge
The interest rate for the most popular U.S. home loan dropped to 6.61% last week, the lowest rate since October, giving a boost to mortgage applications even as global stocks tumbled in the wake of President Donald Trump's decision to impose sweeping tariffs on trading...