Gen Z and millennials spend around three times as much as baby boomers do on fitness, according to data from Bank of America.
Better Buy Right Now With $2,000: Bitcoin or Solana?
2025 has already been a chaotic year for both Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL), with the former losing 6% of its value and the latter losing 28% even as both are exposed to major catalysts in the form of an emerging apparently pro-crypto regulatory regime in the U.S. Here's which one is the better option for an investment of $2,000. Bitcoin is the safer of these coins, which makes it the better choice for conservative investors.
Oil edges higher as market awaits fresh U.S. tariffs
NEW YORK (Reuters) -Oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be announced at 2000 GMT, which could exacerbate a global trade war and dampen demand for crude. Brent futures were up 13 cents, or 0.2%, at $74.62 a barrel by 10:53 a.m. EDT (1453 GMT). U.S. crude inventories posted a surprise large build of about 6.2 million barrels last week, Energy Information Administration data showed.
Newsmax stock surges after its IPO
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
The booming catastrophe bond market is now open to retail investors
Retail investors can buy shares of an ETF backed by investments in a corner of the bond market that's boomed in recent years.
Shipbuilder Austal rides military spending wave, shares defy market slump
U.S. President Donald Trump's policies that have rattled stocks around the world are benefiting Australian shipbuilder Austal, analysts said on Wednesday. Shares of the company, which supplies defence and commercial vessels to the Australian and U.S. navies among other clients, surged 35% in the three months ending March, clocking their best quarterly gains in nearly two years since June 2023. The surge in Austal's shares comes amid Trump's call asking Australia and other U.S. security allies to increase defence spending.
The 10 top-performing stocks last quarter include Warren Buffett's favorite internet company and the maker of the Zyn pouch
Energy, basic materials, consumer staples, and utilities were the top sectors in the first quarter. The broader market had its worst quarter since 2022.
Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs
(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said while the "hard" data show the underlying U.S. economy is solid, the labor market strong, and inflation down from its peak in 2022, the imposition of a broad new set of tariffs under President Donald Trump could lead to renewed inflation or an economic slowdown. With imports accounting for just 11% of the U.S. economy, Goolsbee said in an interview on Fox News, the impact of tariffs on overall prices could be limited. "The fear is if it jumps out of the 11% lane," he said, either because import levies are applied to components and parts and raise the cost of production in a broad set of industries, "or people start freaking out and change their behavior; and if the consumer stops spending or businesses stop investing because they're uncertain or they're afraid where we're headed, that would be a bit of a mess."
It's not just tariffs. 4 other issues are battering stock market sentiment.
While tariffs are front and center for markets, a handful of other issues is weighing on investor confidence as the second quarter kicks off.
Crypto giant Circle just filed for an IPO: Here are 5 key takeaways
Circle revealed details in its S-1 disclosure, including its revenue sources and partnerships with Coinbase and Binance.