Browsing: Wall Street

NEW YORK: Credit card lenders and payments companies slid in U.S. trading after President Donald Trump publicly backed a proposal to impose a one year cap of 10 percent on credit card interest rates, a move that immediately unsettled financial

NEW YORK, December 4, 2025: U.S. stocks slipped on Wednesday as investors weighed weaker-than-expected labor market data and a decline in major technology shares led by Microsoft, while traders assessed prospects for Federal Reserve policy ahead of next week’s interest

U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump’s tariff policies continued to cloud the economic outlook, prompting more companies to pull back financial forecasts. Investor enthusiasm for artificial intelligence-related stocks also appeared to weaken,

U.S. stock futures edged higher on Tuesday following a sharp sell-off on Wall Street driven by growing recession fears. Investors appeared to reassess economic conditions after Monday’s downturn, which saw major indices suffer significant losses. Futures linked to the Dow

U.S. stocks suffered a sharp decline on Monday as President Donald Trump confirmed that new tariffs on imports from Canada and Mexico would proceed, exacerbating market fears of a deepening trade dispute. The S&P 500 fell 1.76% to 5,849.72, marking

Goldman Sachs has significantly increased its holdings in cryptocurrency exchange-traded funds (ETFs), accumulating over $2 billion in Bitcoin and Ethereum ETF shares, according to recent U.S. Securities and Exchange Commission (SEC) filings. The investment banking giant now holds approximately $1.3

U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts. The Dow Jones Industrial Average dropped over 0.8%, while the S&P 500 slipped 0.7% and

Apple Inc. made history yet again, achieving a market capitalization of $3 trillion on Friday, marking another significant milestone in the company’s growth. This is a testament to the robust investor confidence in Apple’s diverse portfolio of products and services,

As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically, Morgan Stanley is planning to

JPMorgan Chase & Co.’s CEO Jamie Dimon cautioned against declaring victory too soon against inflation, warning the Federal Reserve might raise interest rates above 5% if prices remain “sticky.” Several Federal Reserve officials said more rate increases were on the