May 2025

China’s Factory Activity Faces Pressure Amid Trade Tensions

China’s factory activity likely contracted for a second consecutive month in May, signaling ongoing struggles amidst trade tensions with major export markets, according to a Reuters poll released on Friday. The factory

May 30, 2025

New U.S. Export Restrictions Target China, Raising Concerns

by Jamie Spencer

The United States has imposed new export restrictions on companies, preventing them from shipping certain products to China without a license. This move, which includes products like electronic design automation (EDA) software,

May 30, 2025

New U.S. Tax Proposal Could Weaken Dollar, Analysts Warn

by Jamie Spencer

Wall Street analysts are raising concerns that a proposed tax on foreign investors, included in the U.S. budget bill, could significantly impact demand for U.S. Treasuries and weaken the dollar. The tax,

May 30, 2025

US Inflation Shows Minimal Change Amid Tariff Uncertainty

by Jamie Spencer

In April, inflation remained largely unchanged as the effects of President Donald Trump’s newly implemented tariffs had yet to show up in consumer prices, according to a report from the U.S. Commerce

May 30, 2025

Jamie Dimon’s Leadership Amid Economic Warnings

by Jamie Spencer

JPMorgan Chase CEO Jamie Dimon is known for his sharp warnings on economic challenges, yet his bank continues to thrive under his leadership. Despite predicting financial crises and potential recessions, Dimon’s warnings

May 30, 2025

Best Buy Slashes Guidance as Tariffs Weigh on Earnings

by Jamie Spencer

Best Buy (BBY) investors woke up to disappointing news on Thursday as the retailer reported mixed earnings and lowered its forecast for 2025, citing the ongoing impact of tariffs. Shares plunged nearly

May 29, 2025

Citi Increases Dell Target to $128, Keeps Buy Rating

by Jamie Spencer

Citi analyst Asiya Merchant recently increased the price target for Dell Technologies Inc. (NYSE: DELL) to $128 from $105, while maintaining a Buy rating on the stock. This adjustment is part of

May 29, 2025

Gap Faces $300 Million Hit from Trump’s Tariffs

by Jamie Spencer

Gap announced Thursday that the tariffs imposed by President Donald Trump on China and other countries will cost the retailer between $250 million and $300 million this year. The company, which owns

May 29, 2025

Costco Exceeds Expectations Despite Tariff Concerns

by Jamie Spencer

Costco reported impressive fiscal third-quarter results on Thursday, surpassing Wall Street’s expectations with an 8% rise in sales. The warehouse club retailer posted earnings per share of $4.28, beating the expected $4.24,

May 29, 2025

Trump Meets with Fed Chair Powell to Discuss Economic Outlook

by Jamie Spencer

President Donald Trump met with Federal Reserve Chair Jerome Powell on Thursday to discuss U.S. economic developments, including growth, employment, and inflation. The meeting, which was confirmed by the Federal Reserve, took

May 29, 2025

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