Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.
WASHINGTON (AP) — Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the U.S. economy as he promised.
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Explore strategies for charitable giving in retirement, including tax-smart techniques and estate planning considerations.
Trump will call for a study of tariff policies, rather than immediately impose them on China, Canada and Mexico. Follow updates here.
Naturally, crypto assets have surged since the election, with Bitcoin reaching a record in mid-December and gaining some 50 per cent from its price on Nov. 5. The Bloomberg Galaxy Crypto Index jumped 11 per cent on the day after the vote and has added another 29 per cent since then.
It’s not uncommon for seniors on Social Security to collect those benefits for two decades or longer. But in that long a time frame, the value of a dollar can seriously erode due to inflation. That’s why Social Security’s automatic cost-of-living adjustments,
The changes he makes in his second term will have far-reaching repercussions in a world of volatile geopolitics