A whirlwind of positive headlines from a Chinese trade détente to hundreds of billions of dollars in promised foreign investment in the U.S. lit a fire in the market and propelled the S & P 500 into the green every day last week. Monday started with a U.S.-China agreement, albeit …
You often hear the word “reset” when analysts come on television to describe what’s happening now. That’s genuine Wall Street gibberish and, as you know, I don’t like that language. I translate it on the spot. A reset really means something bad is happening that has caught us by surprise. …
Wells Fargo on Friday morning reported a mixed first quarter with misses across key revenue lines, offset by lower expenses and better provisions. While the economic outlook remains cloudy due to tariffs and trade wars, we’re willing to look through these results because of a key catalyst on the horizon. …
Aerial view of cargo trucks heading towards the U.S. at the Otay Commercial crossing in Tijuana, Baja California state, Mexico on March 27, 2025. Guillermo Arias | AFP | Getty Images A surge in freight trucking activity, from the Texas-Mexico border to the warehouses and distribution centers of major U.S. …
My top 10 things to watch Thursday, March 13 1. President Donald Trump said today he plans 200% tariffs on alcohol from France and other European nations if the EU does not remove 50% levies on U.S. whiskey imports. 2. U.S. stocks were looking at a lower open following Trump’s …
Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Bloomberg | Bloomberg | Getty Images Stripe has once again shown …
As you prepare for tax season, you may consider paying your taxes with a credit card. After all, you’d have some breathing room until the bill was due and could earn rewards. The issue is that the IRS adds processing fees to credit card payments. On the other hand, if …
BlackRock has been on a buying spree that will change the makeup of the world’s biggest asset manager. BlackRock announced last year a slew of high-profile acquisitions — including a $12 billion deal to buy private credit manager HPS Investment Partners (HPS), which is expected to close in mid-2025; a …
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. If you operate a business, whether part-time or full-time, you may benefit from opening a business credit card. A business credit card helps to keep personal and professional expenses separate, which makes things much easier come tax time. Plus, …
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