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Why Friday’s sell-off in S&P 500 was not surprising and what comes next

US stocks kicked off August with a sharp retreat as the Trump administration announced reciprocal tariffs on several countries – with levies…
Stock

Retail investors shift focus to Europe as US valuations stretch

As retail traders begin to tire of short-lived rallies in meme stocks like Krispy Kreme and Kohl’s, a broader and potentially more…
Stock

Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake

Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums…
Stock

Bank of America picks 5 stocks with post earnings rally potential

Bank of America has spotlighted a range of stocks that it believes offer compelling upside potential following their latest quarterly results. The…
Investing

Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following…
Investing

Apple crushes Wall Street expectations as iPhone sales soar

SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling…
Investing

JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The…
Latest News

Longtime Biden aide testifies he stood to earn up to $8M had president won re-election

A longtime ally of former President Joe Biden told House Oversight Committee investigators that he could have been paid a total of…
Latest News

Secret Service must ‘course correct’ after alleged smuggling episode on Trump trip, former agent says

The Secret Service must move to ‘course correct’ after reports a Secret Service agent attempted to smuggle his wife onto a Secret…
Latest News

Trump Clashes With Reporter Over Tariffs, Citing Pandemic and ‘Fighting Lunatics’

President Donald Trump clashed with a reporter Thursday over questions about a newly signed tariff, telling him that he had spent his…
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