Payroll and human resources software provider, Paychex (NASDAQ:PAYX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 4.8% year on year to $1.51 billion. Its non-GAAP profit of $1.49 per share was 0.7% above analysts’ consensus estimates.
The U.S. Securities and Exchange Commission (SEC) has announced plans to host four more roundtables focusing on various aspects of crypto, including trading, custody, tokenization.
Federal Reserve Bank of Chicago President Austan Goolsbee said if long-term inflation expectations are raised by the market, this could become a self-fulfilling prophecy.
The level will remain a potential area of volatility following Friday's quarterly options settlement.
(Bloomberg) -- Borrowers are piling into bond markets to get deals done ahead of US President Donald Trump’s plans to impose global tariffs on April 2.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 More Streets Car-FreeIssuers are using this week’s relative market calm to push ah
The darkest U.S. consumer confidence outlook in 12 years is sobering, to say the least, but the big question for investors is whether consumers actually rein in spending to match their apparent gloom. Today, I'll discuss this, give you an update on what else is happening in markets and then take a look at how much of next week's potential U.S. tariff sweep is being priced into currency markets. * The European Union's trade commissioner Maros Sefcovic met with U.S. President Donald Trump's top trade officials on Tuesday to try to avoid steep U.S. tariffs on EU goods next week.
Wall Street continues to tighten its outlook for stocks in 2025.
Tesla’s stock closed higher Tuesday for the fifth straight day, a remarkable and sustained rally that has recaptured a quarter of the value it lost in the last three months. It may not last.
Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with his role in the US government.
