U.S. Steel shares are jumping in premarket trading Friday on a report that Nippon Steel is offering to spend as much as $7 billion to upgrade the American company’s aging Rust Belt facilities in a bid to obtain the Trump administration's approval of their $14 billion merger.
Watch Out for This 1 Counterintuitive Warning Sign With Bitcoin
Bitcoin (CRYPTO: BTC) might be one of the safest cryptocurrencies you can invest in, but that does not make it a risk-free investment, nor does it mean that you can approach it casually. Most cryptocurrency investors love to see it when their coins are being discussed extensively on social media. More attention means more opportunities to capture capital from investors who might have been on the sidelines, unaware of the returns available in a given asset.
Analysis-Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty
NEW YORK (Reuters) -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek. Investors entered 2025 bullish about pro-growth government policies under Trump, but instead the stock market has swooned since his inauguration. Headlines on tariffs whipsawed Wall Street, knocking the S&P 500 as much as 10% earlier this month.
Wall St slips after data fans inflation worries
Wall Street's main indexes took a step back on Friday, as fresh data highlighted an uptick in underlying price pressures that surpassed expectations, igniting concerns that the Trump administration's tariff strategies might further fan the flames of inflation. A Commerce Department report showed the Personal Consumption Expenditures Price index rose in line with what economists polled by Reuters were expecting. Equities have endured pronounced downturns over the past month, fueled by apprehensions that President Donald Trump's policies could usher the economy into an era of elevated inflation and sluggish growth, potentially casting a shadow over the Federal Reserve's monetary policy path.
Wobbly US stocks face test with tariffs, jobs data
A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy. The S&P 500 was on pace for its second straight week of gains. "April is going to have a lot of moving parts and probably a lot of volatility following a really difficult March," said Eric Kuby, chief investment officer at North Star Investment Management Corp. "There's a lot of information that could move markets in a variety of different directions."
Stocks are stuck in a tariff tug-of-war: Morning Brief
A seemingly endless drumbeat of tariff news — mostly negative, some positive — has been pulling the market back and forth. Market action has almost entirely become the tariff palace intrigue.
Money market account rates today, March 28, 2024 (up to 4.47% APY return)
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
57% of Institutional Cryptocurrency Investors Are Bullish About This Set of Catalysts for XRP and Solana
XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) stand to gain quite a bit, assuming things continue as anticipated. Of those institutional investors in the Coinbase survey, 57% said that greater regulatory clarity would be the next catalyst for growth within the digital assets industry, which includes the entire cryptocurrency sector. Both XRP and Solana are highly exposed to regulatory catalysts, and the early signs suggest that things are playing out in their favor.
1 Crypto Stock That Could Go Parabolic
Over the past five years, shares of Strategy (NASDAQ: MSTR) are up by a whopping 3,000%. At the same time, he is now suggesting that other companies, both big and small, commit to making the token a balance sheet asset.
Value stock gains need fresh catalyst with earnings a wild card
(Bloomberg) -- Value stocks are having a rare moment in the face of this year’s equity selloff. The upcoming earnings season will help determine whether the group’s outperformance against the market’s high-flyers can persist.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of C