March 17, 2025
“The S&P 500′s rapid 10% decline from a record high into correction territory has wiped out trillions of dollars in market value. The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s… Continue Reading…
March 17, 2025
“Retail sales increased 0.2% on the month, better than the downwardly revised decline of 1.2% the prior month but below the Dow Jones estimate for a 0.6% rise. The so-called control group, which strips out noncore sectors and feeds directly… Continue Reading…
March 17, 2025
“…Many retailers reported solid sales at the end of last year, but warned of slower growth in 2025, and industry data shows that their forecasts are already playing out. Footfall to US stores fell by 4.3 per cent year on… Continue Reading…
March 13, 2025
“…European Union: The EU has responded to those metals duties with counter-tariffs on $28 billion in US goods from April, bringing Trump’s trade war across the Atlantic. Trump has threatened targeted tariffs on the bloc of European countries, and he vowed to respond… Continue Reading…
March 13, 2025
“…Government spending eased slightly on a monthly basis though it still far outpaced revenue, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and… Continue Reading…
March 13, 2025
“Dollar General’s CEO said customers’ financial situations have worsened over the past year due to inflation. CEO Todd Vasos said the company doesn’t expect the macro environment to improve in 2025. Tariffs and potential changes to government entitlement programs present… Continue Reading…
March 13, 2025
“Intel shares popped more than 13% after announcing Lip-Bu Tan as its new CEO. Wall Street cheered the chipmaker’s attempt to revitalize its business, calling the move a positive for the company. The news brings an end to a tumultuous… Continue Reading…
March 13, 2025
“…A survey of 2,000 employed Americans making less than $75,000 annually shows what happens to the modern paycheck—where it goes, how fast it disappears, and how many people need to plan carefully just to make it through each month. The… Continue Reading…
March 12, 2025
“PRESIDENT Donald Trump has threatened Canada with historic financial punishment for threatening to impose 25% tariffs on electricity in three US states… [Trump said] “They will pay a financial price for this so big that it will be read about… Continue Reading…
March 12, 2025
“…Tesla shares are down 40% year to date and are the worst-performing component of the “Magnificent Seven” stocks — which also include Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Google (GOOG), Microsoft (MSFT), and Meta (META)…” https://finance.yahoo.com/news/apples-ai-strategy-is-showing-troubling-cracks-150559429.html Buy the dip. (with… Continue Reading…
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