The Federal Reserve Bank of New York said its Empire State manufacturing index plunged by nearly 26 points - the largest drop since May 2023 - to a reading of negative 20.0 from positive 5.7 in February. It was the latest survey to paint a picture of a weakening factory sector struggling to adjust to President Donald Trump's roll-out of tariffs on a rapidly widening range of imported goods.
Spending at US retailers last month was much weaker than expected, in a troubling sign that the American shopper could be starting to tap out.
Builders are feeling less confident about the housing market as they navigate economic uncertainty, the threat of tariffs, and high housing costs.
Affirm shares are tumbling after rival Klarna, which is preparing to go public in the U.S., said it is now the exclusive provider of Buy Now, Pay Later loans for Walmart.
Reddit initiated, Netflix upgraded: Wall Street's top analyst calls
(Bloomberg) -- Wall Street’s infamous dark pools are getting even darker.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCA decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange
Shares of Science Applications International Corp. jumped Monday after the government technology contractor topped estimates for the fourth quarter.
With 13,500 Bitcoin, North Korea’s notorious Lazarus hacking group holds more Bitcoin than Bhutan, El Salvador, and Finland.
From commerce to culture, software is digitizing every aspect of our lives. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately as they’ve gained 6.2% over the past six months. Investing here would have been wise - at the same time, the S&P 500 was stuck in neutral.
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.
