Month: April 2025
Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods […]
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S&P 500 recovers half of its tariff decline. What it will take to make it all the way back
What do you call half a month spent in the most volatile market in years, featuring a headlong flight from U.S. dollar assets, hypersensitivity to every policy headline and a furious equity rally of almost unnerving velocity that recovered half the lost ground while leaving in place most of the confusion? The easy part. That, […]
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Amazon and Nvidia say all options are on the table to power AI including fossil fuels
Anton Petrus | Moment | Getty Images OKLAHOMA CITY — Amazon and Nvidia told a room of oil and gas executives this week that all options are on the table to power artificial intelligence including fossil fuels such as natural gas. The tech and energy industries gathered in Oklahoma City at the Hamm Institute for […]
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These four stocks just entered overbought territory and could be due for a drop if volatility persists
Some stocks that investors have bought up this week could be positioned for a pullback if the market remains volatile. Stocks have seen big swings in recent weeks in reaction to the latest news about President Donald Trump’s tariffs, with investors awaiting potential deals between the U.S. and its trading partners. The president said agreements […]
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52-year-old quit his job, bought a failing snack company for $250,000—he just sold it for $750 million
Charles Coristine used to revel in working at Morgan Stanley. He loved the pace, even waking up in the middle of the night to trade in the Tokyo and London stock markets. In 2011, after nearly two decades on Wall Street, Coristine burned out. He tried multiple remedies: switching to a vegetarian diet, meditating, enrolling […]
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How TikTok’s rise sparked a short-form video race
TikTok’s grip on the short-form video market is tightening, and the world’s biggest tech platforms are racing to catch up. Since launching globally in 2016, ByteDance-owned TikTok has amassed over 1.12 billion monthly active users worldwide, according to Backlinko. American users spend an average of 108 minutes per day on the app, according to Apptoptia. […]
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Plane tickets are getting cheaper as domestic travel demand weakens
Is a recession brewing in row 33? Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is coming in lighter than they had hoped when they set forecasts high at the start of 2025. On a series of earnings calls, they said the reasons range from President Donald Trump’s whipsawing tariff […]
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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Key Points A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BNPL loan in the past year, up from 34% in the year prior. The figures […]
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Mighty and meek bid farewell to Pope Francis at a funeral where he is remembered as pope of the people
The coffin of Pope Francis is carried on the day of the funeral Mass of Pope Francis in St. Peter’s Square at the Vatican on April 26, 2025. Kai Pfaffenbach | Reuters World leaders and Catholic faithful bade farewell to Pope Francis in a funeral Saturday that highlighted his concern for the “most peripheral of […]
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Trump and Ukraine’s Zelenskyy have ‘very productive’ meeting in Rome, says U.S. official
U.S. President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., Feb. 28, 2025. Brian Snyder | Reuters U.S. President Donald Trump and Ukrainian leader Volodymyr Zelenskyy had a “very productive” meeting on Saturday in Rome, a White House official said, as both leaders attended the funeral of […]
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