Finance News – U.S.
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There’s ‘no evidence’ of tariff inflation, top Trump aide says. Is he right?
According to a recent consumer price report, while a senior Trump economic advisor denies tariff-related inflation, some data suggests tariffs may have had a modest impact on overa...
Read Full Article →An obsession with avoiding the estate tax cost this top exec his marriage. Now his son is speaking o...
Harvey Schein’s intense focus on minimizing estate tax obligations significantly impacted his personal relationships, highlighting the complex financial and emotional challenges as...
Read Full Article →Boeing plane deliveries dropped sharply in July
The decrease in aircraft deliveries from June to July represents a notable shift in Boeing's production output, potentially affecting the company’s revenue and market momentum in t...
Read Full Article →July inflation holds steady, masking emerging pressures from tariffs
Despite stable overall consumer price index figures in July, rising underlying costs suggest ongoing inflationary pressures that complicate efforts to achieve the Federal Reserve’s...
Read Full Article →Sydney Sweeney and Trump may have been good for American Eagle’s stock, if not consumer demand
The involvement of high-profile individuals may have positively influenced American Eagle’s market value, despite a lack of increased customer interest, highlighting how brand perc...
Read Full Article →Ford is readying a ‘compelling EV.’ Will that be enough for the stock?
Ford’s upcoming electric pickup truck, priced at around $30,000 and built on a streamlined platform, aims to lower production costs and assembly time, potentially impacting the com...
Read Full Article →Tesla is looking for a robotaxi operator in NYC — before it even has permits
Tesla’s decision to pursue robotaxi operations in New York City highlights its ambition to enter a lucrative market despite regulatory challenges, potentially accelerating revenue...
Read Full Article →Anthropic gifts Claude to the US government for $1, joining list of tech firms offering discounts
Anthropic has provided its AI model Claude to the US government at a nominal fee, reflecting a trend of technology companies supporting federal agencies through significantly disco...
Read Full Article →Spirit Airlines warns it may not last another year with current cash flow problems
Spirit Airlines’ recent quarterly report revealed substantial financial challenges, including a significant net loss, raising concerns about its ability to maintain operations beyo...
Read Full Article →Trump meets with Intel CEO at the White House after demanding his removal
The meeting between the president and the Intel CEO could have implications for the company's strategic direction and investor confidence, potentially influencing market perception...
Read Full Article →Trump’s Nvidia deal opens a ‘pay to play’ toll road to do business in America. Investors will feel e...
The new export regulations effectively increase costs for companies operating in the U.S., potentially impacting investor returns as businesses adjust to the added financial burden...
Read Full Article →As stablecoin circulation soars, Circle Internet beats revenue target after hot IPO
Circle Internet’s increased revenue, driven by higher stablecoin activity, exceeded analyst expectations despite a larger-than-anticipated loss, contributing to a positive market r...
Read Full Article →Why 6,500 can be a launching pad for the S&P 500, according to this trader
Round numbers like 6,500 often act as psychological support or resistance levels in summer trading, influencing investor behavior and potentially affecting the overall movement of...
Read Full Article →Soon you’ll be able to trade shares of OpenAI and SpaceX like crypto — but should you?
Emerging financial platforms are exploring methods to enable investment in private companies by converting shares into digital tokens, potentially increasing accessibility and liqu...
Read Full Article →BLS nominee made claim that no ‘sensible economist would use’ — and that’s one of the kinder comment...
The nominee for the Bureau of Labor Statistics faces criticism for statements that may cast doubt on his ability to enhance the accuracy and reliability of economic information vit...
Read Full Article →‘I am retired and not wealthy’: My car needs $3,500 for repairs, but only has a trade-in value of $6...
Deciding whether to invest in costly car repairs or trade it in involves weighing repair expenses against the vehicle’s remaining value and personal financial priorities as retirem...
Read Full Article →Trump extends trade truce with China. What it means for tariffs.
If an agreement is not reached by Tuesday, the United States may significantly increase import taxes on various products from China, potentially impacting prices and trade dynamics...
Read Full Article →Intel’s stock is rising as Trump suggests a path forward after CEO’s White House visit
Intel’s shares have gained momentum following positive remarks from Trump about the company’s leadership, indicating potential improvements in investor confidence and market stabil...
Read Full Article →BigBear.ai’s stock is sinking. Here’s the biggest problem from earnings.
BigBear.ai’s revised forecast reflects cautious government spending, highlighting how reduced federal efficiency initiatives are impacting client demand and influencing the company...
Read Full Article →CPI manipulation isn’t an investor’s biggest concern. Watch this economic indicator instead.
While altering consumer price data may raise doubts, investors often consider employment statistics more reliable for assessing economic trends and making informed financial decisi...
Read Full Article →Markets on edge ahead of high-stakes CPI release
Investors are closely monitoring upcoming inflation data due to ongoing trade tensions, persistent housing costs, and a slowing job market, all of which may influence central bank...
Read Full Article →Tariffs already tacked billions on food and clothing costs. These items saw the biggest hikes
The recent tax increases on meat and footwear have contributed significantly to the overall rise in expenses for essential goods such as food and clothing during May and June.
Read Full Article →Trump has reportedly delayed slapping steeper tariffs on China yet again
The ongoing negotiations between China and the U.S. continue to influence market expectations, as postponing higher tariffs may help maintain economic stability and prevent increas...
Read Full Article →Trump exempts gold from U.S. tariffs
The removal of tariffs on gold by the U.S. has contributed to increased imports, significantly influencing the widening trade imbalance with Switzerland due to rising consumption o...
Read Full Article →Why your stock portfolio may actually ‘feel’ depressed that summer is almost over
The early appearance of seasonal products can influence consumer sentiment and market behavior, potentially impacting investment returns as investors adjust expectations for the up...
Read Full Article →AI is eating software, and Adobe is on the menu. Why the stock could be in trouble.
The growing competition from AI-focused startups poses potential challenges to Adobe's market position, which may impact the company's financial performance and investor confidence...
Read Full Article →Why Wall Street’s biggest bear is expecting a 14% stock-market pullback before the end of 2025
A prominent market analyst predicts a notable decline in equity prices by late 2025, suggesting investors should prepare for a substantial correction following recent gains on majo...
Read Full Article →U.S. consumers will take most of the hit from tariff costs: Goldman Sachs
According to analysts, American households are expected to bear nearly two-thirds of the expenses associated with tariffs, impacting their overall spending and financial decisions.
Read Full Article →Do Roth IRA conversions still make sense with the passage of the GOP tax law?
Evaluating Roth IRA conversions under the recent GOP tax legislation requires careful analysis of potential tax benefits and future savings in light of altered income thresholds an...
Read Full Article →Ford doubles down on EVs with $5 billion bet
Ford is investing $5 billion to upgrade its Kentucky plant as part of a larger strategy to produce cost-effective electric vehicles, beginning with a new truck model expected in 20...
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