A weak dollar hasn't typically been a friend to stocks in the past.
Trump Renews Criticisms of Fed Chair Powell's Interest Rate Policy
President Donald Trump reiterated his call for Federal Reserve rate cuts Monday, extending attacks on the central bank's chair that he renewed last week.
Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
(Reuters) -The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell, who says rates should not be lowered until it is clearer Trump's tariff plans won't lead to a persistent surge in inflation. "With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW," Trump said in a post on Truth Social. The comments, and the administration's seemingly intensifying pressure on a Fed chair Trump has stated he would like to see gone, sent stock markets lower and bond yields higher as investors and analysts mulled the fallout should Trump ignite a fight over the Fed's monetary policy independence and try to remove Powell before the end of his term a little over a year from now.
Tesla stock drops after a report says its low-cost vehicle will be delayed to 2026
President Donald Trump's 25% auto tariffs aren't helping Tesla's ability to produce a lower-cost vehicle at scale, Wedbush's Dan Ives said.
2 Reasons to Sell BDC and 1 Stock to Buy Instead
What a brutal six months it’s been for Belden. The stock has dropped 20.9% and now trades at $93.30, rattling many shareholders. This might have investors contemplating their next move.
Nvidia Stock Furthers Slide on US-China Trade Tiff
Nvidia shares were heading for another losing session Monday on worries about how the trade battle between the U.S. and China could impact the chipmaker's results.
Amazon downgraded, Netflix upgraded: Wall Street's top analyst calls
Amazon downgraded, Netflix upgraded: Wall Street's top analyst calls
Chevron announces first oil at Ballymore project in US Gulf
Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of growing production from the ocean basin by 50% this year. The $1.6 billion project called Ballymore, located about 160 miles southeast of New Orleans, is composed of three wells that is expected to produce up to 75,000 barrels of oil per day. Chevron aims to grow oil and gas production from the Gulf to 300,000 barrels of oil equivalent per day in 2026, and at the same time, it is working to cut up to $3 billion in costs across the business.
Alarming Fed news sends Bitcoin reeling
Bitcoin soared to $87,161.95 on Apr. 21 as it finally managed to surpass the “Liberation Day” price level.
1 Cash-Producing Stock with Exciting Potential and 2 to Turn Down
A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.