Latest Financial Market News
Apple CEO Tim Cook reveals how much Trump’s tariffs will cost the tech giant this quarter
In an earnings call on Thursday, Cook said the new tax on…
Americans need to make six figures to afford a median-price home
Necessary earnings vary geographically: In the Los Angeles metropolitan area, for example,…
Elon Musk says DOGE should ‘definitely’ take a close look at the Fed
The Tesla CEO and Trump advisor said his federal cost-cutters should take…
Amazon CEO says the $2 trillion retailer is ‘pretty maniacally focused’ on keeping prices down amid tariff pressure
Even the CEO of the world’s second-largest retailer doesn’t know precisely what’s…
GM’s $5B tariff gut punch shows how painful it will be for U.S. automakers to adapt to Trump’s vision
But the answer to the bigger question—whether these steep penalties will compel…
Trump’s tariffs are the ‘No. 1 topic’ on the minds of robot makers hoping to beat China amid supply chain ‘inconveniences’
Not on the official agenda, at least.“Jump up to the microphones,” said…
Robinhood says customers deposited a record $6.5 billion in April as active traders try to profit off market chaos
“Unlike where the business was back in 2022 where we were predominantly…
Elon Musk says the major work of establishing DOGE is done and calls it a ‘way of life, like Buddhism’
It looks like Elon Musk is ready to take a back seat…
Summers says wrong to say markets tell Fed it should cut
Former Treasury Secretary Lawrence Summers said that bond-market pricing doesn’t amount to…
Stocks close higher as tech giants report profits and expansion plans
Stock markets swung higher on Thursday on strong tech company earnings that…