No rate cut at the Federal Reserve’s latest meeting is the consensus, but the tone of Chair Jerome Powell’s news conference after the decision on Wednesday is an unknown factor and could have major market implications. “If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have…
U.S. President Donald Trump (L) and Japanese Prime Minister Sanae Takaichi (R) hold up signed documents for a critical minerals/rare earth deal with Japan during a meeting at Akasaka Palace on October 28, 2025 in Tokyo, Japan. Trump is on a visit to Asia that takes in the ASEAN summit in Malaysia, followed by a…
A Mitsui OSK Lines (MOL) container ship at a shipping terminal in Tokyo on Oct. 31, 2016. Akio Kon – Bloomberg – Getty Images Shares of Japanese shipping firm Mitsui OSK Lines surged more than 11% Wednesday to a record high after activist investor Elliott Investment Management said it had established a “significant” stake in the…
Having a credit card that earns rewards with so many redemption options and perks can sometimes feel overwhelming. Should you spend your rewards on cash back or travel? And is it worth using one card for its trip insurance at the expense of earning higher rewards with another card? Credit card rewards often decrease in…
Sharp swings in oil prices are sending stocks on a roller-coaster ride, but investors may be able to pocket some portfolio income from a corner of the energy sector, Bank of America found. After a short breather, oil prices resumed their climb , with Brent crude futures , the global benchmark, rising more than 3%…
A day after Jensen Huang unveiled a new chip and updated guidance at Nvidia’s annual GTC conference, the stock is … not doing much. That raises the question: Was this year’s keynote a disappointment? Has the stock simply run out of steam? Nvidia has one of the most frustrating stocks in the market, especially for…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 17, 2026. Brendan McDermid | Reuters Stock futures traded near the flat line on Tuesday night as traders awaited the Federal Reserve’s rate policy decision. Futures tied to the Dow Jones Industrial Average lost 37 points, or…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Elon Musk is in talks with the Securities and Exchange Commission to settle a lawsuit filed by the regulator…
While the major U.S. indexes are rebounding this week, Bank of America’s latest Global Fund Manager Survey is signaling that the bottom in the U.S.-Iran war sell-off hasn’t been reached just yet. The survey’s investor sentiment metric moved to 5.6 in March from 8.2 in February. That metric is based on cash levels, equity allocation…
Lululemon offered a weak 2026 outlook on Tuesday as tariffs, higher expenses and a dramatic proxy battle with its founder weigh on its bottom line. The athleisure company’s guidance for both the current quarter and the fiscal year came in lower than expected on the top and bottom lines. Lululemon is expecting first quarter sales…
