What investors should do now after Trump's Liberation Day tariff shock, says this top strategist
President Donald Trump's tariff plans have been delivering plenty of shock and awe across global markets. Closer to home, futures are pointing to a 1,200-point-plus plunge for the Dow industrials DJIA ...
Jobless claims fall to 7-week low, but watch out. Trade wars could hurt U.S. labor market.
Government workers are paid benefits from a separate federally funded unemployment fund. Big picture: Layoffs are low and so is unemployment, but hiring is expected to slow in response to escalating ...
Canada Swings to Goods-Trade Deficit, Surplus With U.S. Narrows
Exports to the U.S., Canada's biggest market by a wide margin, fell 3.6% in February, while imports were up 2.5%. That narrowed Canada's longstanding surplus with its neighbor to C$10.57 billion from ...
Here's why apparel stocks like Deckers, Lululemon and Nike are sprinting lower
Shares of Lululemon Athletica Inc., Deckers Outdoor Corp. and Nike Inc. were among the steepest decliners among S&P 500 companies caught up in Thursday's steep premarket selloff, as Wall Street ...
Mercedes-Benz to Build Sustainable Paint Shop in Germany
Mercedes-Benz said it will make a high triple-digit-million euros investment into the construction of a sustainable paint shop in Sindelfingen in Germany. The German carmaker said on Thursday that the ...
Canada Monetary Reserves Rise $6.40 Billion in March
Canada's finance department said the foreign-currency reserves at March 31 included: securities $89.83 billion, deposits $7.95 billion, special drawing rights $22.67 billion, and reserve position in ...
Stellantis to Close Windsor Plant for 2 Weeks, Toronto Star Reports
--Stellantis has informed its local union that it will shutter its Windsor assembly plant in Canada for two weeks as a result of Donald Trump's sweeping new tariff plan, according to a report from The ...
The 'VIX' is on the verge of signaling a bear market for U.S. stocks, says DataTrek
The VIX was up 21.7 to 26.5 on Thursday. Colas noted that one standard deviation above the long-run average of 19.5 takes the VIX to 27.3, and reaching that mark is often a good sign for investors to ...
Both a Cut and a Pause on the Table for April Meeting, According to ECB Account — Update
"On the whole, it was considered important that the amended language should not be interpreted as sending a signal in either direction for the April meeting, with both a cut and a pause on the table, ...
I invested $100,000 in the S&P 500 in February and lost $10,000. How long will it take to recover?
Dear Quentin, I made the mistake of throwing $100,000 in the S&P 500 in early February. A few days after, I lost close to $10,000 due to the drop in the market, which started toward the end of ...
Bessent brushed off stock-market losses after tariff announcement. He also gave a glimmer of hope.
Treasury Secretary Scott Bessent gave a flip answer to stock-market concerns following the tariff announcement - but he also provided a ray of hope. Bessent told Bloomberg Television late on Wednesday ...
Trump Tariffs Bring End to Era of Globalization; How Might Central Banks React to New Economic Order
President Trump's highly anticipated announcement Wednesday represents a high-stakes gamble to transform a global economic relationship that Trump for decades has said ripped off the U.S.-even as the ...