Personal finance
A stock poised to break out as copper prices climb — How to play it
Freeport-McMoRan (FCX) is set for a potential breakout as copper prices approach their 52-week highs, driving renewed interest in the largest global copper mining company. FCX, which generates most of its revenue from copper, is starting to outperform both the S & P 500 and its sector, signaling a bearish-to-bullish turnaround. The company’s recent earnings […]
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Why uncertainty makes the stock market go haywire
Key Points Investor uncertainty have led to volatile trading in the stock market. They are unnerved by see-sawing Trump administration policy positions, most importantly on tariffs, experts said. Investors don’t know how policy will impact corporate profits, experts said. Source
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Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Key Points Wholesale egg prices have fallen more than 40% since the end of February. The pullback comes amid a reprieve from major bird flu outbreaks so far in March and weaker consumer demand, which have helped the nation’s egg supply to start recovering. Retail egg prices broke a record high in February. It’s unclear […]
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Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount […]
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Americans lost $5.7 billion to investment scams in 2024, FTC says. Here’s how to protect yourself
Key Points Americans reported losing $5.7 billion to investment scams in 2024, according to the Federal Trade Commission. The typical victim lost more than $9,000 on average. “Pig-butchering scams” are a common investment fraud whereby scammers develop a relationship with victims, entice them to invest money and then swindle them. There are three common signs […]
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The U.S.-Canada trade war could signal a shift in economic ties, experts say
President Donald Trump signed several executive orders at the start of his second term that lay out a blanket 25% tariff on Canadian goods imported into the United States, with some exceptions such as energy. Canadian energy will carry a lower tariff of 10%. The bulk of these tariffs went into effect at midnight on […]
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Trump sued by 20 states to halt the ‘dismantling’ of Education Department
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025. Nathan Howard | Reuters A group of Democratic state attorneys general filed a lawsuit against the Trump administration Thursday over its moves to dismantle the U.S. Department of Education and its termination of nearly half the agency’s staff. […]
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Here’s the inflation breakdown for February 2025 — in one chart
Key Points The consumer price index rose 2.8% in February from 12 months earlier, a deceleration from January. Steel and aluminum tariffs took effect Wednesday. Economists fear that an escalating trade war could stall or reverse progress on inflation. Eggs saw by far the highest inflation rate among other categories in February. Source
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Tariffs are ‘lose-lose’ for U.S. jobs and industry, economist says: ‘There are no winners here’
Key Points President Donald Trump has pursued an economic agenda of broad tariffs on U.S. trading partners, including Canada, China and Mexico. Tariffs aim to protect targeted domestic industries. They end up costing U.S. jobs on a net basis, after accounting for retaliation and higher production costs for many businesses, economists said. Source
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DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds
Key Points The Trump administration — with the help of the so-called Department of Government Efficiency, known as DOGE, which the president says is headed by Elon Musk — has fired tens of thousands of federal workers. The scale of cuts will likely be flood the Unemployment Compensation for Federal Employees (UCFE) with claims and […]
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