Wall Street, Stock Market
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Worries are building about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.
From Associated Press News
The measures would come on top of tariffs already imposed by Washington on aluminium, steel and vehicles, along with increased levies on all goods from China.
From BBC
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.
From U.S. News & World Report
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Too soon to declare the ‘all clear,’ the market will likely remain volatile and idiosyncratic,” says Lisa Shalett, Chief Investment Officer at Morgan Stanley
Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war. The S&P 500 jumped 1.8% Monday.
President Donald Trump’s pick to police Wall Street’s financial crimes plans to hang onto holdings in Apollo Global Management, American Express and a digital asset platform, according to documents released Friday by the Office of Government Ethics.
In an event on Tuesday, representatives from the Nasdaq confirmed that a new regional headquarters would be coming to Dallas.
Wall Street bonuses surged in 2024, averaging a record-breaking $244,700, according to new state estimates. That’s 31.5% higher than in 2023, according to state Comptroller Thomas DiNapoli. It’s part of an estimated pool of $47.
Convertible securities provide financing or cash to companies in need. But their setup can be problematic if converted at deeply discounted prices.
5don MSN
Wall Street followed up one of its best days of the last year with a quiet day of trading. The S&P 500 rose 0.2% Tuesday after jumping 1.8% Monday on hopes that President Donald Trump's tariffs may not be as sweeping as feared.