Breaking News: Investing
Here’s why banks don’t want the CFPB to disappear
Key Points For years, American financial companies have fought the Consumer Financial Protection Bureau in the courts and media. Now, with the CFPB on life support after the Trump administration issued a stop-work order and shuttered its headquarters, the agency finds itself with an unlikely ally: the same banks that reliably complained about its rules […]
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China bond yields jump to three-month highs as investors pare rate cut expectations
The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty Images China’s sovereign bond prices fell Monday, pushing yields to their highest levels this year, as investors trimmed holdings on bets that additional fiscal spending will boost growth and push back interest rate cuts. Yields on China’s […]
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Goldman names the most ‘compelling’ stocks on Wall Street right now
There’s a slew of buy-rated stocks that are just too attractive to ignore, Goldman Sachs says. The firm said companies such as Walmart are well positioned to ride out the macro uncertainty. Other stocks include Cheesecake Factory , Smithfield Foods and Ducommun. Walmart Shares of Walmart have plenty of room to run, even as they […]
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Wall Street wants clarity on trade, growth in the coming week after latest selloff
Investors could use some good news after this week’s selloff. Whether they get any in the week ahead remains to be seen. The past week’s slump was ugly. President Donald Trump’s tariffs on Canada, Mexico and China and rumblings of economic weakness alarmed investors who fear the market outlook has taken a turn for the […]
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Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme Jennings | Pool via Reuters Sen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide […]
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Passive investing movement gets its Hollywood moment
watch now VIDEO14:1914:19 Dimensional’s David Booth and filmmaker Errol Morris on investing documentary ‘Tune Out the Noise’ News Videos A new documentary titled “Tune Out The Noise” brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors. The film, made by Academy Award-winning documentarian Errol […]
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Why Trump’s crypto order disappointed: ‘This is not the aggressive bitcoin reserve some were pressing for’
President Donald Trump on Thursday night officially established the widely anticipated U.S. strategic bitcoin reserve , fulfilling a major re-election campaign promise to the crypto industry. The market didn’t seem to care much, however. Cryptocurrencies have recovered most of their initial losses after a quick drop following the news. Bitcoin was hovering at $88,000, the […]
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Treasury Secretary Bessent says economy could be ‘starting to roll a little bit’
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025. Jeenah Moon | Reuters Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. “Could we be seeing that this economy that we inherited starting to roll a […]
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Cryptocurrencies decline as Trump’s U.S. bitcoin reserve plan falls short of expectations
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a “digital asset stockpile.” The price of bitcoin was last lower by 3% at $87,586.86, according to Coin Metrics. Shortly after the news broke, it […]
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Trump says he’s not even looking at stock market, tariffs will make U.S. ‘very strong’
U.S. President Donald Trump looks on in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters President Donald Trump said Thursday that his administration would not consider stock market reaction when hammering out the details of its tariff policy. […]
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