2025 recession odds rise above 50% in prediction market, and traders weigh up to 6 rate cuts
Fears of a U.S. economic downturn continued to reverberate on Friday, as fed-funds futures traders considered the need for far more rate cuts by December than the Federal Reserve has penciled in. As ...
‘This is not a normal environment’: U.S. stocks extend deep slide on trade war fears
Investors were dumping U.S. stocks on Friday, with major equities benchmarks extending their tumble on tariffs fears as investors looked past fresh data showing the economy added more jobs in March ...
Chinese ETFs are getting whacked after retaliatory tariffs
The Chinese equity market was closed on Friday for a holiday, so stocks that are traded in Hong Kong or on the mainland market haven't had an opportunity to immediately react to Beijing's decision to ...
Job cuts will begin this week, economist says
Firms had been reluctant to lay off workers until they saw the extent of the Trump tariffs. Now that the tariffs are known, most firms have a game plan and will start workforce reductions as soon as ...
Nasdaq tests bear-market territory
The Nasdaq Composite fell sharply in early trade Friday, testing bear-market territory as tech stocks continued to see outsize losses amid a broad-based selloff sparked by President Donald Trump's ...
Restaurants expected to suffer as tariffs bite into take-home pay and lead to job losses
Some of the largest U.S. restaurant chains face the risk of negative sentiment from overseas customers over President Donald ...
Two ways to view strong jobs report: Why it doesn't matter, and why it actually does
The initial Wall Street reaction to the strong U.S. jobs report for March has been, so what? Those data are from before the Trump tariffs. It's a new world now. "March’s job growth was better than ...
GameStop’s stock is climbing again. And this is why.
Shares of GameStop Corp. rose 1.7% in premarket trades after Chief Executive Ryan Cohen increased his stake in the videogame ...
Caleres: Michael Edwards Resigns as President of Famous Footwear, Effective May 2 >CAL
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
March jobs number already overshadowed by tariff developments
Enthusiasm over March's better-than-expected nonfarm payroll gain of 228,000 was already showing signs of waning before the stock market's open. Scott Helfstein, Global X's head of investment strategy ...
Tariff shock could trigger a global recession, Apollo warns
Uncertainty gripping markets in the wake of President Donald Trump's "reciprocal" tariffs has investors on edge about the potential pitfalls for the U.S. economy and beyond. Torsten Slok, chief ...
After U.S. jobs data, fed-funds futures point to Fed rate cut in June
Traders in the federal-funds futures market were pricing in a potential interest-rate cut from the Federal Reserve in June, as they parsed fresh data Friday on U.S. employment in March. Fed-funds ...