A bill exempting name, image and likeness earnings from state income tax has been signed into law
MarketWatch
‘Retirement is within my grasp’: A recession is on the horizon and stocks are falling. I’m 57. What, if anything, can I do?
“I feel like I’m fiddling while Wall Street burns.”
Recession? Stagflation? GDP decline a warning sign, but economy not in danger zone yet.
The economy contracted in the first quarter for the first time in three years, but it doesn’t mean the economy is rushing toward a recession. At least not yet.
Super Micro’s big warning is taking these stocks down with it
Investors are nervous about what Super Micro’s profit warning and inventory trends could mean for the entire AI infrastructure market.
Nvidia’s stock gets a rare sell call – due to ‘mounting questions’ about AI
A Seaport Research analyst worries about AI and geopolitical tensions.
Elon Musk’s $2 trillion in miracle money forgotten as Trump administration rushes unfunded tax cuts
Republicans are moving forward with a plan to cut taxes that could prove costly for the federal government — without promised savings from DOGE.
Caterpillar voices optimism for a favorable shift in tariff costs as stock resists sharp selloff
Caterpillar expects “negative economic growth” in the second half of the year.
‘Discouraging’: Frustrated sellers are cutting house prices by tens of thousands of dollars as buyers grow more selective
The typical home seller is asking for 9% more than what the home eventually sells for, Redfin data show
Trump blames Biden for stock-market fall, a year after taking credit for stock-market climb
President Donald Trump on Wednesday blamed his predecessor, former President Joe Biden, for the stock market’s weak performance, as the main U.S. indexes headed for losses after a report showed the economy has contracted.
U.S. businesses pull back from hiring due to unease about outlook, ADP says
U.S. companies added 62,000 jobs in April, the ADP National Employment Report showed on Wednesday. Economists polled by the Wall Street Journal had forecast a gain of 120,000 jobs.