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Why international stocks can keep walloping U.S. investments in 2025
A weaker dollar, the global AI race and plans for ramped-up government spending abroad are all reasons why global equities can shine in the months and years ahead.
Trump Tax Law to Add $3.4 Trillion to US Deficits, CBO Says
President Donald Trump’s recently enacted tax and spending law will add $3.4 trillion to US deficits over a decade and leave millions without health care coverage, according to a new estimate from
China bans Wells Fargo banker from leaving the country
An Atlanta-based banker working for Wells Fargo has been prevented from leaving China, the latest incident that threatens to amplify concerns among Western executives about the potential consequences
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told CNBC's Squawk Box.
Walmart makes a jarring store change, eliminates 100s of jobs
Such is the case with Walmart, which announced sweeping changes to its stores in memo, sent by Executive Vice President of U.S. Store Operations Cedric Clark and reported by Reute
Target announces major pricing change
Retail giant Target is discontinuing its long-running price-matching program in an effort to streamline its pricing strategy amid mounting financial difficulties. The company confirmed the change to
More home sellers are pulling properties off the market rather than dropping prices
Data from Realtor.com shows that delistings outpaced inventory gains in May. While inventory has climbed across the US, prices remain elevated.
Bessent Says Review of Fed’s Building Renovations Is Needed
Treasury Secretary Scott Bessent said in a social media post Monday that there should be a review of the decision to renovate parts of the Federal Reserve headquarters in Washington.
Opendoor sees epic afternoon wipeout during wild, roller-coaster day
In the span of about a week, Opendoor Technologies Inc. has gone from a struggling former pandemic-era darling to the talk of the U.S. equity market.
Fund Giants Put Faith in ‘Trump Put’ to Keep Stock Rally Rolling
A cohort of the world’s largest asset managers is leaning harder into the rally in risk assets as US stocks push to fresh highs, defying persistent trade and geopolitical tensions.
US stocks set more records as Verizon begins a big week for profit reports with a beat
U.S. stock indexes inched their way to more records on Monday to kick off a week full of profit updates from big U.S. companies. The S&P 500 rose 0.1% and squeaked past its prior all-time high set on
Stocks hit fresh all-time highs as strong earnings continue to power market rally
After the first week of this earnings season, 73% of companies beat per-share profit estimates, above the first-week average of 68%, according to BofA.
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