Mark Carney Takes Over As Canada Leader, With Trump Call, Europe Trip on Agenda — Update
OTTAWA--Mark Carney took over Friday as Canada's 24th prime minister, kicking off the unofficial countdown to a pending election call in which the former central banker will argue he's best suited to ...
Oil edges higher as tighter U.S. sanctions on Iran, Russia may disrupt global supplies
Oil futures inched higher on Friday, as news of tighter U.S. sanctions on Iran and Russia had the potential to disrupt global crude supplies. For the week, however, U.S. and global crude prices still ...
'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy?
"Uncertainty is the driver around the market's recent selloff," says Rob Haworth, senior investment strategy director for U.S. Bank Asset Management. The recent market rout can be traced to President ...
Intel is the best chip stock this year in a surprising reversal
Intel's stock is up about 19% this year, a performance that ranks first among components of the Philadelphia Semiconductor Index SOX in a huge reversal from 2024, when it was the worst performer in ...
What might happen next after the S&P 500's correction?
A correction for a stock index is typically defined as a decline of at least 10% from a recent high, while a bear market is a decline of at least 20%. The S&P 500 SPX slipped into correction territory ...
What might happen next after the S&P 500's -2-
More GLP-1 news: Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall. More companies coverage: -- Wells Fargo's stock dips even as analyst proclaims 'good entry ...
Why this Wall Street strategist says investors should stick with U.S. stocks despite recession fears
Stoltzfus said he continued to favor stocks over bonds, with an emphasis on the U.S. Although he added that investors should remain diversified, maintaining exposure to foreign markets like Europe and ...
From Southwest to BP, Elliott and other activists are shaking up companies again
This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...
Ban Lifted on Smithfield Plant's Canadian Exports
A ban placed on meat shipments coming from Smithfield Foods' North Carolina processing plant has been lifted, according to a notice from the Department of Agriculture. On its website, the USDA's Food ...
Correction to U.S. Consumer Confidence Article
The University of Michigan's index of consumer sentiment marked its lowest level since November 2022. "Consumer Confidence Dips Again as Concerns Mount Over Trump's Trade Policy," at 10:32 a.m. ET, ...
New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact
"Pricing becomes a much bigger lever in case of 20% tariffs on China, and [the second quarter] is when the full impact will flow through, if tariffs were to be maintained," UBS analysts led by Arpine ...