Used automotive vehicle retailer Carmax (NYSE:KMX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.7% year on year to $6.00 billion. Its GAAP profit of $0.58 per share was 11.9% below analysts’ consensus estimates.
Bitcoin's price has fallen 25% from a recent all-time high. Is this a buying opportunity or the start of another crypto winter?
The head of the Bank of France says America's USP of 'constancy' is at risk from Trump's erratic trade decisions.
Paradigm CEO Matt Huang feels like he’s “running the X-Men Academy”. While other leaders complain about their Gen Z new hires, the crypto chief is going against the grain and promoting them into the C-suite.
Overseas stock indexes are rallying after President Donald Trump said he would pause "reciprocal" tariffs for 90 days for all trading partners except China. U.S. stock futures are pulling back after soaring yesterday on the news.
The White House claimed the "art" of Trump's deal hadn't been appreciated by media and the markets.
U.S. President Donald Trump's decision to pause the hefty duties he had said he would impose on dozens of countries one week ago followed turmoil in financial markets that included an acute selloff in the $29 trillion Treasury market. Trump said on Wednesday the bond market had recovered well after investors became queasy about it in reaction to his tariff announcements. "The bond market now is beautiful," he told reporters.
The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting.View on euronews
With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients. Raghavan's message was simple, according to one banker on the call: Stay close to clients because if you do not, a competitor will. Raghavan told them to assure clients that Citi, which nearly collapsed during the 2008 financial crisis, had plenty of funds this time to weather the tariff storm, said the banker, one of two who recounted the call.
Looking for the best money market account interest rates available today? Here’s where to find the highest rates. Is a good time to open a money market account?
