Wall Street Rises on U.S.-China Trade Truce
Wall Street’s main indexes rose on Friday for their fifth consecutive day of gains, buoyed by the U.S.-China tariff truce announced earlier in the week. Despite this positive news, economic survey data
Wall Street Slips as Iran Tensions and Trade Risks Grow
Stocks fall after Trump escalates rhetoric on Iran U.S. stock markets declined on Tuesday amid growing geopolitical tensions and policy uncertainty. President Donald Trump’s latest remarks on Iran rattled investors, with the
Why 401(k) savers are struggling in 2025
Inflation disrupts retirement planning More than half of American workers say inflation is the main reason they are struggling to build a retirement fund. According to Schwab’s 2025 survey, 57 percent of
U.S. Banks See Investment Banking Revival Ahead
Q2 Results Beat Forecasts Amid Dealmaking Comeback Major U.S. banks posted stronger-than-expected earnings in the second quarter, fueled by a resurgence in investment banking activity and increased market volatility from tariff announcements.
Dimon Warns of U.S. Debt Impact on Bond Market Volatility
JPMorgan Chase CEO Jamie Dimon raised concerns about the growing U.S. national debt, calling it a “big deal” that could lead to “a tough time” for the bond market. Speaking on Fox
Wall Street Rallies as Trump Delays EU Tariffs
Wall Street stocks surged on Tuesday after U.S. President Donald Trump stepped back from his threat to impose 50% tariffs on European Union imports, easing trade tensions and boosting market sentiment as
Fed President Calls for Patience Amid Tariff Impact
Cleveland Federal Reserve President Beth Hammack emphasized the need for patience and careful analysis in addressing the impact of tariffs on inflation and economic growth. Speaking in her first broadcast interview since
Powell Says No Quick Fed Action on Tariffs or Markets
rThis week, Jerome Powell made one thing crystal clear: investors shouldn’t expect a quick fix from the Federal Reserve. In an appearance at the Economic Club of Chicago, the chair of the
Bank of America and Citigroup Benefit from Market Volatility
First-Quarter Profits and Revenue Surge Amid Trade Uncertainty Bank of America (BAC) and Citigroup (C) reported strong first-quarter profits and revenue, bolstered by robust trading results. Both banks have emerged as beneficiaries
Oil Prices Plunge to Four-Year Low Amid Escalating Trade War
Trade War Escalates, Oil and Other Commodities Hit Hard Oil prices tumbled to a four-year low as the escalating trade war between the U.S. and China weighed heavily on global energy demand.
US Stocks Whipsaw Amid Tariff Uncertainty and Trade Tensions
Chaotic Trading Session Reflects Market Turmoil U.S. stocks saw volatile swings on Monday, fluctuating between gains and losses in a chaotic trading session, as multiple headlines and uncertainties drove market reactions. The
Market Backlash Grows as Trump Shrugs Off Stock Slide
Investors Alarmed by Lack of Policy Reversal Amid Tariff Chaos Wall Street is losing confidence in President Donald Trump’s economic strategy as his second term brings sharp tariffs, spending cuts and market
Wall Street Reassesses as S&P 500 Nears Correction
A nearly 10% decline in the S&P 500 (^GSPC) has led Wall Street strategists to revaluate their bullish outlooks for 2025. Goldman Sachs Lowers S&P 500 Target On Tuesday night, Goldman Sachs’