Each year, when the Larry Fink letter goes out, it’s required reading on Wall Street. The CEO of BlackRock, the world’s largest asset manager, pens a memo to shareholders that quickly becomes gospel. It was Fink’s 2018 letter, for example, that helped catalyze interest in do-gooder investing known as ESG (for environmental, social and governance) — a term he later swore off amid Republican backlash.
President of the Richmond Fed Tom Barkin hinted that confidence the FOMC needs to cut rates further has been hindered by President Trump’s tariff policy.
A rocky quarter has ended in an 11% loss for bitcoin and the biggest for the S&P 500 since Q2 2022. Here’s what traders say ahead of the April 2 tariffs kicking in.
(Reuters) -The S&P 500 and the Nasdaq Composite both closed higher on Tuesday, after a topsy-turvy day on Wall Street dominated by investor angst ahead of the impending tariff announcements from the Trump administration. Financial markets have been volatile in recent weeks as investors assessed the economic fallout of U.S. President Donald Trump's extensive tariff plans, which have sparked worries about a U.S. economic slowdown and higher inflation. Some of the uncertainty that has gripped markets is expected to dissipate after Trump unveils his tariff plan on Wednesday during an event in the Rose Garden, currently scheduled for 4 p.m. EDT.
Your day-ahead look for April 1, 2025
A Bitcoin investor's privately funded SpaceX mission has made history by launching the first-ever human spaceflight over both poles, combining adventure, science, and a bold new orbital path.
Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.
Stocks slumped in March as the Trump administration vowed to move ahead with tariffs that put both Wall Street and Main Street on edge. Tariffs are likely to remain top of mind for investors in April.
President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide on Monday.View on euronews
(Bloomberg) -- In a quarter marred by tariff uncertainty, US government spending cuts and the threat of recession, it is fears about a bubble brewing in artificial intelligence that have dealt the latest blow to the Nasdaq 100.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertGold-Rush Fever Returns to Historic New Zealand Mining TownBank Regulators Fight for Desks as OCC Returns to New York TowerLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Government
