Arseniy45 | Istock | Getty ImagesPresident Donald Trump may hope his tariffs jump-start a renaissance in manufacturing in the United States, but the reality is not so simple, according to experts.The president announced sweeping tariffs Wednesday, including a baseline 10% levy across the board on all imports. He also...
After President Donald Trump's new tariffs crushed global stocks for a second consecutive day, CNBC's Jim Cramer said next week's earnings reports will provide a first look at how CEOs are dealing with the fallout.Big bank earnings headline the upcoming week, alongside inflation data. No matter what the numbers...
Check out the companies making headlines in midday trading. Bank stocks — Major banks declined on Friday, as President Donald Trump's new tariff policies increasingly raised fears of a U.S. economic pullback. Shares of Goldman Sachs , Citigroup , Morgan Stanley and Wells Fargo tumbled about 8%. JPMorgan dropped...
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.Craig Hudson | Evelyn Hockstein | ReutersPresident Donald Trump on Friday called for Federal Reserve Chair Jerome Powell to cut interest rates."This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always...
Chandler, United States, April 4th, 2025, FinanceWireFintech company DecisionFi, LLC is expanding its reach into underserved consumer markets with a suite of financing solutions designed for sectors often overlooked by traditional lenders. Headquartered in Phoenix, Arizona, the company provides technology-enabled lending services to industries including tax resolution, healthcare, regenerative...
Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the...
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty ImagesTraders are now betting the Federal Reserve will cut at least four times this year, amid fears Trump's tariffs could tip the U.S....
Check out the companies making headlines before the bell. Big banks — Bank stocks took a hit over increasing fears of a U.S. economic pullback amid an escalating global trade war. Goldman Sachs and Morgan Stanley each lost 6%, while JPMorgan Chase , Citigroup and Wells Fargo shed 5%....
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersChina's finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed...
Limassol, Cyprus, April 4th, 2025, FinanceWireB2PRIME Group, a leading global financial services provider for institutional and professional clients, has released its market report for 2024. In it, the Group showcases its results and growth in key metrics while also highlighting broader industry trends shaping institutional liquidity demand.2024 marked a...
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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
The upper stage of a Falcon 9 rocket deploys a stack of Starlink "V2 Mini" satellites in orbit.SpaceXSpaceX CEO Elon Musk announced Thursday that the company's Starlink satellite internet business "achieved breakeven cash flow.""Excellent work by a great team," Musk said in a post on his social media platform,...
Nissan Motor Co. CEO Makoto Uchida speaks next to the Nissan Hyper Force electric vehicle during the Japan Mobility Show at Tokyo Big Sight in Tokyo, Japan on October 25, 2023.Tomohiro Ohsumi | Getty ImagesNissan Motor's CEO says that when it comes to electric vehicles, the world has changed...
Jordan Belfort, aka “The Wolf of Wall Street,” is back and he’s got a lot to say about the long-term benefits of … index funds? No joke. The now-reformed former penny stock fraudster is out with a new book, “The Wolf of Investing,” in which he offers advice on how...
The Ferrari original factory entrance.Courtesy: FerrariFerrari on Thursday said its third-quarter profit jumped 46% from a year ago as its wealthy customers continued to choose expensive "personalization" options for their new cars.As it did last quarter, Ferrari again boosted its guidance for the full year following the results.Ferrari now...
Check out the companies making headlines in midday trading. Starbucks — Shares jumped more than 10% after the company posted an earnings and revenue beat in the fiscal fourth quarter. Management also reported better-than-expected performance in China, its second-largest market. Roku — The streaming video platform rallied 25% after...
