News

Canada Stands to Benefit From Trump's Tariff Upheaval, Former USTR Says
Trump and Canadian Prime Minister Mark Carney have agreed that officials from both countries will hold talks on a new U.S.-Canada economic and security pact following the conclusion of an April 28 ...
Stocks to Watch: Children's Place, NextPlat
Children's Place narrowed its loss in the recent quarter, though it reported lower revenue and said that it expects margin pressure as a result of President Trump's tariff policies. The children's ...
Social Security rule-reversals, office closures, cost cuts: here’s what’s happening now.
A Social Security “war room,” threats to shut the agency, worker buyouts and a restraining order — here’s a timeline of what ...
Edison International Plans Electrical Rebuild After Fires in Southern California
Edison International's Southern California division plans to rebuild electrical distribution infrastructure affected by wildfires in January for $860 million to $925 million. Southern California ...
Why kosher-for-Passover Coca-Cola is going viral among non-Jewish shoppers
Why is this two-liter bottle of Coca-Cola different from all other two-liter bottles of Coca-Cola?
NextPlat Says Tariffs Will Keep New Line of U.S. Goods From Going to China
NextPlat is pausing plans to bring some new products to Chinese consumers after Beijing raised tariffs on U.S. goods. The company said Friday the escalation in tariffs would limit the U.S. products' ...
Gold hits fresh record high north of $3,200 as investors run for cover
Investors sought refuge from turbulent global markets in gold, pushing the price of the yellow metal to a record high on Friday. The June futures contract trading on Comex surged nearly 2% to a record ...
Wells Fargo sees equity, total markets revenue dip slightly
As part of Wells Fargo's Q1 revenue, which fell below expectations, the bank also saw a slight year-over-year dip in markets revenue. Total Q1 markets revenue was $1.827 bi ...
30-year Treasury bond heads for worst week since 1987 as yields surge
Treasury yields continued to climb overnight on Friday, leaving the 30-year bond on track for its worst week since 1987, Dow Jones Market Data showed. The 30-year yield rose 46.8 basis points to 4.859 ...
Dollar slides to two-year low. The greenback and Treasurys are like 'wayward boats'
"The dollar and Treasuries are trading like wayward boats — one minute tossed around by equity volatility, the next pulled under by basis swap chaos. There’s no anchor right now, and both remain ...
Wells Fargo CEO supports Trump's trade policy, but hopes for 'timely resolution'
Wells Fargo CEO Charlie Scharf said he supports the Trump administration's "willingness" to trade-barriers for the U.S., but indicated there risks to the economy from such significant actions. While ...
Treasury yields rise after wholesale inflation reading
Treasury yields were up Friday morning, as investors assessed fresh data showing wholesale inflation unexpectedly dropped in March. The yield on the 10-year Treasury note was climbing about 9 basis ...