There was no shortage of setbacks for stocks last week. Surprising economic data, another batch of earnings, and an intensifying conflict in the Middle East all combined to move the market, mostly downward. The S & P 500 closed out Friday with a weekly loss of 2% as the broad-market index flipped between the positive…
Lifestylevisuals | E+ | Getty Images When it comes to buying a house, affordability continues to slowly improve. U.S. households that have a median income — an estimated $86,300 — and enough money for a 20% down payment can now afford a $331,483 home, up $30,302 from $301,181 a year ago, according to a new…
If you don’t make boosting your child’s self-esteem “one of your top priorities” as a parent, you could jeopardize their future success and happiness, says mental performance coach Cindra Kamphoff. “Parents need to be more aware of the confidence crisis in America today, and they need to be really deliberate about increasing the confidence of…
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in York, Pennsylvania, US, on Monday, Aug. 19, 2024. Graeme Sloan | Bloomberg | Getty Images Former United States trade representative Robert Lighthizer resigned from Trump Media & Technology’s board of directors, effective…
The Texas Voyager oil tanker sits anchored off the coast of Chevron’s El Segundo Refinery in El Segundo, California on March 4, 2026. Patrick T. Fallon | Afp | Getty Images The Trump administration on Friday announced a $20 billion reinsurance program for oil tankers and other maritime traffic in an effort to get vessels…
San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined with inflation still running above the central bank’s 2% target complicate future decisions. “This…
Pnc | Stockbyte | Getty Images Millions of taxpayers have already filed to claim President Donald Trump’s new “no tax on overtime” deduction. But some filers could risk errors on their tax return, experts say. Enacted via Trump’s “big beautiful bill,” the overtime tax break allows certain workers to deduct up to $12,500 for single…
It’s difficult to describe the U.S. economy in black and white terms like “good” or “bad.” On several fronts, the data says the economy is healthy. But surveys show American consumers don’t feel that way. “There’s no doubt right now that different data can show slightly different narratives,” says Heather Long, chief economist at Navy…
Gold prices have been on a roller coaster this year. On March 6, the precious metal’s spot price sat at $5,093 per ounce in the morning, six days after the U.S. and Israel initiated strikes on Iran. Earlier in the year, it peaked at a record high of $5,400 per ounce before sinking back below $5,000….
Investors are waiting for just one question to be answered: Will there be a quick resolution to the U.S.-Israel war with Iran, or will it be a drawn-out affair? The U.S. economic outlook rests on the outcome. The Atlanta Fed GDPNow model of the latest projection for first-quarter economic growth tumbled to an annual rate…
