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...
Check out the companies making...
Arseniy45 | Istock | Getty...
Check out the companies making...
Arseniy45 | Istock | Getty...
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.
It was difficult to reach investor advocates Tuesday morning to get their reaction to the Department of Labor’s latest attempt to protect retirement savers from conflicted financial advice. None of them were available until after a White House event at which President Biden formally introduced what the DOL is calling...
Rafael Henrique | SOPA Images | LightRocket | Getty ImagesDisney said Wednesday that it had agreed to buy Comcast's one-third stake in streaming service Hulu, a long-expected outcome.Disney said it expects to pay Comcast's NBCUniversal about $8.61 billion by Dec. 1, reflecting the guaranteed minimum value of $27.5 billion...
An employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty ImagesShares of Etsy fell more than 4% in extended trading Wednesday after the company released third-quarter results that missed analysts' estimates for revenue, and forecasted a decline in...
iCap Enterprises Inc., a real estate investor and manager that raised $245 million from investors by selling through independent broker-dealers, declared bankruptcy near the end of September, and now clients who bought the high-risk securities are suing those firms. Based in Bellevue, Washington, iCap was founded in 2007 by...
Alexandra Lebenthal, former CEO of Lebenthal & Co., has joined Rockefeller Capital Management as a managing director and senior banker in the firm’s strategic advisory division. At Rockefeller, “I will lead investment banking coverage for financial sponsors and continue my work with women-led and -owned businesses,” Lebenthal said in an...
E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street's expectations. The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, also saw profits nearly triple compared with the year-ago period. Shares jumped about...
The Tinder logo displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesMatch Group, the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company from IAC in July 2020. The stock closed down...
