iPhones costing over $2,000? A Wall Street analyst says it's possible.
An iPhone upgrade supercycle has been a topic of conversation in the tech community, but Trump's new tariffs present an obstacle for Apple.
Klarna Pauses IPO, Report Says, a Blow to the 2025 Market for Deals
Fintech firm Klarna has halted its planned initial public offering after President Donald Trump's sweeping tariffs announcement, according to a report.
The stock market is crashing: Here’s what financial experts say you should do with your 401(k) now
'Resist the urge to shift out of stocks entirely.'
Bank of Canada Seen Making Deeper Cuts as Stocks Drop and Job Losses Mount
(Bloomberg) -- The Bank of Canada is expected to cut interest rates more deeply as US President Donald Trump’s tariff barrage sends world markets into a tailspin and data show the Canadian job market already taking damage.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersWhat Would ‘Transportation Abundance’ Look Like?London Clears Final Hurdle for M
Fed's Waller says stablecoins bring benefits to US payments system
Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the U.S. payments system, but he doubts the financial system can support a large number of these assets. "I'll say I'm a personal, big advocate of stablecoins," Waller said at a New York Fed event. "I have been saying this for over three-plus years now, about how this could bring competition, efficiency and speed into the payments system."
DuPont Stock Tumbles as Chinese Regulator Announces Anti-Monopoly Probe
DuPont shares tumbled Friday after a Chinese regulator said it was investigating the company's operations in the country.
GE HealthCare, Vernova, Aerospace Stocks All Tank on China's Retaliatory Tariffs
Shares of the companies spun off from the former industrial icon General Electric were all tanking Friday, led by medical device maker GE HealthCare, on investor fears that they would be hurt by Beijing’s retaliatory levies countering President Donald Trump’s tariffs.
US oil rig count rises to highest since June, Baker Hughes says
(Reuters) -U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 590 in the week to April 4. Baker Hughes said this week's decline put the total rig count down 30 rigs, or 5% below this time last year.
Think twice before bailing out of the stock market, financial advisers say
The huge swings rocking Wall Street and the global economy may feel far from normal. Stomaching them is the price investors have had to pay in order to get the bigger returns that stocks can offer over other investments in the long term. Here's a glimpse at what's behind the market's wild moves and what experts advise investors young and old to consider: HOW BAD IS THE MARKET?
Circle’s IPO Filing Tests Crypto Market Confidence After Trump’s Tariff Shock
Circle’s long-awaited IPO filing reignites hopes for crypto listings, but shaky markets and weak financials raise doubts.