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Showing posts from May, 2025

JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change

Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments. from Finance https://ift.tt/GDnaEMS via IFTTT

Trump tariffs would still 'pinch' consumers even if trade court block holds, economist says

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court. from Finance https://ift.tt/sAL9VaT via IFTTT

U.S.-China talks 'a bit stalled' and need Trump and Xi to weigh in, Treasury Secretary Bessent says

U.S.-China trade talks are "a bit stalled," requiring the two countries' leaders to speak directly, Treasury Secretary Scott Bessent told Fox News. from Finance https://ift.tt/RrWU2ZY via IFTTT

Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/DGbl8UC via IFTTT

Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/Kxhm4AU via IFTTT

China’s EV price war is heating up. What’s behind the big discounts?

China's electric car market is getting even more competitive, with significant consequences for the domestic economy and even the global auto market. from Finance https://ift.tt/XPkDjOF via IFTTT

Stocks making the biggest moves after hours: Nvidia, Salesforce, HP and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/vl82VTE via IFTTT

Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud

Palantir CEO Alex Karp said the checks can be done in a way that "protects the underlying data and protects the privacy of the people submitting their forms." from Finance https://ift.tt/2xSXaOB via IFTTT

Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show

Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy. from Finance https://ift.tt/3EvyMPI via IFTTT

Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue

British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year. from Finance https://ift.tt/kmwuE8o via IFTTT

Fewer international tourists are visiting the U.S. — economic losses could be 'staggering,' researchers estimate

International tourists are rethinking the U.S. as a travel destination amid tensions tied to trade and border policy. from Finance https://ift.tt/VZK2ljO via IFTTT

European businesses have never been this gloomy about China

An annual survey of European companies in China found record lows across several metrics due to slower growth and geopolitical worries. from Finance https://ift.tt/Cm8zEUl via IFTTT

The West is recycling rare earths to escape China’s grip — but it’s not enough

China is tightening its grip on the global supply of key minerals that are needed in every car, particularly electric vehicle motors. from Finance https://ift.tt/VJAboTi via IFTTT

Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/P2tB4Xz via IFTTT

JPMorgan Chase is heading upmarket to woo America’s millionaires

The new locations, dubbed J.P. Morgan Financial Centers, have a feel and earth-tone color palette that sets them apart from the nearly 5,000 Chase branches. from Finance https://ift.tt/LubOIB7 via IFTTT

Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/tvwA9Hm via IFTTT

Xiaomi takes aim at Tesla's bestselling car in China with its longer-range YU7

Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge. from Finance https://ift.tt/Xvk0UNt via IFTTT

AI drives growth for a few Chinese companies. Analysts share their picks

Spending on artificial intelligence helped give some Chinese tech companies a boost in the first quarter, despite economic headwinds. from Finance https://ift.tt/GYpQAuZ via IFTTT

Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/qlfPbCJ via IFTTT

House Republican tax bill favors the rich — how much they stand to gain, and why

A tax and spending package passed by House Republicans funnels most of its financial benefits to the rich and leaves many low earners worse off. from Finance https://ift.tt/YsaHwIW via IFTTT

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores, Deckers and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/QSI5NV7 via IFTTT

Ray Dalio says to fear the bond market as deficit becomes critical

The billionaire investor is not hopeful politicians will be able to reconcile their differences and lessen the country's debt load. from Finance https://ift.tt/oMyuDJp via IFTTT

Trump's tariffs won't lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says

"A meaningful increase in factory jobs does not appear likely in the foreseeable future, in our view," Wells Fargo said. from Finance https://ift.tt/3qtCQns via IFTTT

Stocks making the biggest moves premarket: Advance Auto Parts, Snowflake, Humana, Lumen Technologies and more

These are the stocks posting the largest moves in early trading. from Finance https://ift.tt/wK3P5tF via IFTTT

Stocks making the biggest moves after hours: Lumen Technologies, Snowflake, Zoom Communications and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/sb1qBXS via IFTTT

Stocks making the biggest moves midday: Canada Goose, UnitedHealth, Target, Carter's and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/bHWegc8 via IFTTT

Stocks making the biggest moves premarket: Target, Palo Alto Networks, Lowe's, UnitedHealth and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/lMVI4UP via IFTTT

Stocks making the biggest moves after hours: Palo Alto Networks, Take-Two Interactive and more

These are the stocks posting the largest moves in after-hours trading. from Finance https://ift.tt/CEclpRd via IFTTT

Stocks making the biggest moves premarket: Home Depot, Amer Sports, Viking Holdings & more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/cBvZeIU via IFTTT

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

One Chinese baby products company announced it is officially entering the United States, the world's largest consumer market — regardless of the trade war. from Finance https://ift.tt/tJhjw9u via IFTTT

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions. from Finance https://ift.tt/M41gyI2 via IFTTT

Klarna doubles losses in first quarter as IPO remains on hold

Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago. from Finance https://ift.tt/bgpKMWI via IFTTT

Stocks making the biggest premarket moves: Walmart, Netflix, Tesla, Reddit and more

These are the stocks posting the largest moves in the premarket. from Finance https://ift.tt/GQ2yhfp via IFTTT

UK clamps down on 'wild west' of buy now, pay later sector with new rules

Buy now, pay later plans are set to face regulation in the U.K. after the government laid out proposals to bring the short-term loans under formal rules. from Finance https://ift.tt/74nIBEq via IFTTT

China's April retail sales growth of 5.1% misses expectations as consumption remains a worry

Industrial output grew 6.1% in April, stronger than analysts' expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced. from Finance https://ift.tt/eu05C7g via IFTTT

Scott Bessent calls Moody's a 'lagging indicator' after U.S. credit downgrade

The treasury secretary also said he spoke on the phone with Walmart's CEO, who agreed to absorb some of the costs of Trump's tariffs. from Finance https://ift.tt/VsHiWtL via IFTTT

Pilotless planes are taking flight in China. Bank of America says it's time to buy

While startups around the world have tried to build vehicles that can fly without a pilot, only one is certified to carry people — in China. from Finance https://ift.tt/XgPNFjL via IFTTT

Long-term care costs can be a 'huge problem,' experts say. Here's why

Long-term care can cost well over $100,000 but households aren't prepared, experts say. from Finance https://ift.tt/L6rfBmV via IFTTT

Insiders at UnitedHealth are scooping up tarnished shares

Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday. from Finance https://ift.tt/Bbevi6x via IFTTT

Stocks making the biggest moves premarket: Charter Communications, Doximity, Novo Nordisk and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/julNJqF via IFTTT

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising. from Finance https://ift.tt/kfM2u4O via IFTTT

Walmart's former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its 'doom and gloom' commentary

Bill Simon, who ran Walmart from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs. from Finance https://ift.tt/kh1Etrc via IFTTT

Stocks making the biggest moves after hours: Applied Materials, Take-Two Interactive, Cava and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/JXuvCUn via IFTTT

Key AI hub China restricts schoolchildren's use of the tech

China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education. from Finance https://ift.tt/7S3ABrs via IFTTT

Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession

Cohen's comments came after the U.S. and China suspended reciprocal tariffs pending a 90-day negotiating period, which sparked a sharp rally in stocks. from Finance https://ift.tt/zdqHyeu via IFTTT

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

"I didn't really start getting old … until I was about 90," Buffett said. "But when you start getting old, it does become — it's irreversible." from Finance https://ift.tt/wHCs5yJ via IFTTT

New York AG sues Capital One after Trump-led CFPB drops similar case

New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit. from Finance https://ift.tt/hMSw6Jc via IFTTT

Stocks making the biggest moves midday: Oklo, eToro, Super Micro Computer, Nvidia, JD.com and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/ZRYWIsx via IFTTT

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

EToro raised almost $310 million in its IPO late Tuesday, selling shares above its expected range. from Finance https://ift.tt/8hS90Ym via IFTTT

Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more

These are some of the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/ljNZzrF via IFTTT

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion from Finance https://ift.tt/0utJBir via IFTTT

Fintechs that raked in profits from high interest rates now face a key test

Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline. from Finance https://ift.tt/rS7w4iQ via IFTTT

U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas

Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation. from Finance https://ift.tt/jBxr7LU via IFTTT

Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

Coinbase is joining the S&P 500, replacing Discover Financial, which is being acquired. from Finance https://ift.tt/I6U4VHu via IFTTT

After UK and China trade deals, tariff rate still highest since 1934, Yale report says

Imports face steep levies despite recent trade deals the Trump administration reached with China and the U.K. from Finance https://ift.tt/HIciOhE via IFTTT

Stocks making the biggest moves midday: Amazon, Alibaba, Merck, Five Below, Nike and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/Yk2jpiH via IFTTT

Stocks making the biggest moves premarket: Nvidia, Best Buy, Eli Lilly, Tesla, Amazon and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/XOuqQyn via IFTTT

America is failing its youngest investors, warns personal finance guru Ric Edelman

Ric Edelman is warning young people to avoid several traps regarding their financial future. from Finance https://ift.tt/0f3RtZa via IFTTT

With foreign tourists boycotting the U.S., businesses brace for falling sales

The U.S. is poised for weaker tourism from overseas this year amid tensions tied to trade and immigration. from Finance https://ift.tt/f13wmVL via IFTTT

Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thing

Central bank leaders have a long history of being too reluctant to raise or lower interest rates. from Finance https://ift.tt/TMLURm4 via IFTTT

The number of 'tariff' mentions soar past 'AI' on earnings calls as Trump's trade fight alters outlook

'Tariff' has eclipsed 'AI' on S&P 500 earnings calls during the first quarter reporting season. from Finance https://ift.tt/Ltng04N via IFTTT

Stocks making the biggest moves midday: Insulet, Pinterest, Sweetgreen, Lyft, Microchip Technology and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/I4bLns9 via IFTTT

Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/L51APnu via IFTTT

Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/K52CMFD via IFTTT

Stocks making the biggest moves after hours: AppLovin, Arm Holdings, Flutter Entertainment, Fortinet and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/4AteUjr via IFTTT

Fed holds rates steady as it notes rising uncertainty and stagflation risk

The Federal Reserve held its key interest rate unchanged as it waits for Trump's trade policy to take shape and sees its impact on a sputtering economy. from Finance https://ift.tt/yu38WPr via IFTTT

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year. from Finance https://ift.tt/tJFpRUm via IFTTT

Stocks making the biggest moves after hours: Super Micro Computer, Wynn Resorts, Electronic Arts and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/DgoxiBk via IFTTT

The Fed meets with uncertainty permeating the air. Here's what to expect

Central bank policymakers can do little for now except sit and wait as events unfold. from Finance https://ift.tt/e4fvsY5 via IFTTT

Trump downplays tariff talks: 'We don't have to sign deals'

U.S. markets moved lower Tuesday after Trump's comments on trade deals. from Finance https://ift.tt/LJzoaDQ via IFTTT

Stocks making the biggest moves premarket: Palantir Technologies, Ford Motor, Vertex Pharmaceuticals, DoorDash and more

These are some of the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/KkZse3C via IFTTT

Airfare, produce and TVs: Which prices are falling for consumers

Americans are seeing prices fall in certain pockets of the U.S. economy. from Finance https://ift.tt/LJ8PwGR via IFTTT

Stocks making the biggest moves after hours: Palantir Technologies, Ford Motor, Mattel, Clorox and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/heyflFB via IFTTT

Stocks making the biggest moves midday: Berkshire Hathaway, Skechers, Tyson Foods and more

These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/9ZcguLj via IFTTT

Berkshire Hathaway shares dip nearly 3% after shocking Buffett exit and an earnings decline

Investors are processing Warren Buffett's surprise announcement to step down and envision a new path for the conglomerate after his legendary 60-year run. from Finance https://ift.tt/zWUPInM via IFTTT

Stocks making the biggest moves premarket: Howard Hughes, Sunoco, Netflix and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/dsIYvH9 via IFTTT

Warren Buffett to ask board to make Greg Abel CEO of Berkshire Hathaway at year-end

Buffett said he would still hang around with company. from Finance https://ift.tt/NdQa2Zq via IFTTT

Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'

"Trade should not be a weapon," Buffett said. "The United States won. We have become an incredibly important country, starting from nothing 250 years ago." from Finance https://ift.tt/Le82JDN via IFTTT

Berkshire Hathaway operating earnings drop more than expected as Buffett warns of tariff uncertainty

Warren Buffett's Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in earnings from the year-earlier period. from Finance https://ift.tt/Gq3vTEo via IFTTT

Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine

The conglomerate's yearly convention kicked off Friday with a shareholder-only shopping event, called the "Berkshire Bazaar of Bargains." from Finance https://ift.tt/7lVjJWA via IFTTT

'Large number of foreign investors' skittish about investing in America, longtime investor Rebecca Patterson warns

How a shift away from U.S. markets could affect your portfolio. from Finance https://ift.tt/Mjm2WTG via IFTTT

Tether eyes U.S. expansion with new stablecoin as CEO courts Washington crypto players

CEO Paolo Ardoino's recent charm offensive in Washington has put a spotlight on Tether amid the pro-crypto shift under President Trump. from Finance https://ift.tt/ofeDlJ1 via IFTTT

U.S. tariff uncertainty puts China-made Christmas presents in question

As Chinese factories and their U.S. buyers try to navigate tariff uncertainty, there's a concern about whether products will arrive in time for Christmas. from Finance https://ift.tt/8BhitIk via IFTTT

Stocks making the biggest moves after hours: Apple, Amazon, Airbnb, Block and more

These are the stocks posting the largest moves in extended trading. from Finance https://ift.tt/CqiRbyS via IFTTT

Musk says 'eyebrow raiser' $2.5 billion Fed building expansion should be subject to scrutiny

As he exits his efforts to curtail wasteful government spending, Elon Musk takes one last shot. from Finance https://ift.tt/RKjA5V8 via IFTTT

Stocks making the biggest moves premarket: Microsoft, CVS Health, Meta Platforms, Qualcomm and more

These are the stocks posting the largest moves in premarket trading. from Finance https://ift.tt/F3vln8L via IFTTT