The scale of President Donald Trump's tariffs has exceeded even the most bearish forecasts — and could impact these five major European firms. ​Read More
Stocks fell on Monday as investors watched for signs of progress on trade talks, and after President Donald Trump continued criticizing Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average tumbled more than 1,000 points, or 2.8%, while the S&P 500 and Nasdaq Composite were down 2.9% and 3.2%, respectively. Trump, in a post
China has threatened to take countermeasures against any country that strikes trade deals with the U.S. at Beijing’s expense. China’s Commerce Ministry issued the warning in a statement on Monday in the latest round of rhetoric surrounding the trade war between the world’s two biggest economies. “China firmly opposes any party reaching a deal at
All of the megacap companies have significant exposure to President Donald Trump's sweeping tariffs, which will be a major topic on earnings calls. ​Read More
Chinese airlines have begun returning Boeing aircraft to the U.S., with one 737 Max recently landing back at a Boeing production hub in Seattle over the weekend, according to Reuters. Saturday’s return occurred shortly after China ordered its airlines not to take further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs
The 60/40 portfolio, stocks to bonds, has long been the tried-and-true method for those building their retirement nest eggs with a safety net of diversification. But times, they are a-changing and BlackRock CEO Larry Fink is advising a makeover. “Generations of investors have done well following this approach, owning a mix of the entire market
Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding President Donald Trump’s erratic tariff plans. Shares of the company were roughly flat in after-hours trading at $970.10. The streaming giant also said its co-founder Reed Hastings had left his post as
BlackRock CEO Larry Fink, who oversees the world’s largest asset manager, published his highly anticipated annual letter to investors in April. While the timing coincides with volatile global financial markets impacted by U.S. tariff negotiations, Fink attempts to cut through the noise to identify opportunities and trends that can help institutions and investors build wealth.Â
American Express results show that the company's wealthier customers may insulate it somewhat from concerns that tariffs and stubborn inflation have caused. ​Read More
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