Breaking News: Investing
Trump’s tariffs won’t lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says
President Donald Trump’s tariffs are designed to provide incentives to bring manufacturing jobs back to the United States, but the goal isn’t as feasible as it appears, according to an analysis from Wells Fargo. Moving factory work back to the U.S would mean a significant increase in labor costs, which many companies simply could not […]
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April home sales dropped to the slowest pace for that month since 2009
A “Sale” sign in front of a home in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images The spring housing market continues to struggle amid high interest rates and low consumer confidence. Sales of previously owned homes in April fell 0.5% from March to a seasonally adjusted, annualized […]
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Family offices bet on the U.S. and stocks for 2025, UBS finds
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Despite growing fears of a ” sell America ” trade, American family offices are ramping up their bets on the U.S. […]
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Bitcoin jumps to new all-time high, surpassing prior record in January
Jonathan Raa | Nurphoto | Getty Images Bitcoin rose to a new all-time high on Wednesday, breaking its January record. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,500. “Bitcoin’s new high has been concocted by an array of favorable […]
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Retail investors bought the most stocks for a morning ever on Monday after Moody’s downgrade
Retail buyers came out in full force in the trading session following Moody’s downgrade of the U.S. credit rating, continuing their dip-buying pattern throughout recent volatility. Individual investors bought a net $4.1 billion worth of stocks on Monday from the open through 12:30 p.m. ET, the largest level ever for the time of day and […]
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JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
Key Points JPMorgan Chase CEO Jamie Dimon warned Monday about the risks of record U.S. deficits, tariffs and international tensions. Dimon, the chairman of the biggest U.S. bank by assets, said stock markets aren’t properly representing the possibility of higher inflation and even stagflation. Dimon also discussed his timeline to hand over the CEO reins […]
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David Adelman is leading the next generation of deal-hungry family offices
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Entrepreneur and family office founder David Adelman said family offices have a growing competitive advantage over venture capital and private equity […]
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Former VP Mike Pence calls the $400 million Qatari jet gift ‘a bad idea’ that Trump should turn down
Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024. Seth Herald | Reuters Former Vice President Mike Pence said Sunday that President Donald Trump should turn down the gift of a $400 million jet from the royal family of Qatar, citing national […]
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Insiders at UnitedHealth are scooping up tarnished shares
Key Points UnitedHealth Group saw some of its insiders step in and purchase declining shares this week. Kristen Gil, a director at the firm, bought 3,700 shares worth roughly $1 million on Thursday. Shares of UnitedHealth plunged nearly 11% to $274.35 on Thursday following a report in The Wall Street Journal that the Department of Justice […]
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Stock futures rise as S&P 500 tries to extend rally to five days: Live updates
A trader works on the floor at the New York Stock Exchange on May 12, 2025. Brendan McDermid | Reuters Stock futures rose Friday after the S&P 500 posted a four-day rally on the back of U.S. and China’s temporary tariff cuts and encouraging inflation reports. Futures tied to the Dow Jones Industrial Average added […]
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