News

Americans are spending their tax refunds differently this year - and it says a lot about this economic moment
Many Americans swimming in high prices and deepening debts are turning to their income-tax refunds as a life jacket. Tax refunds are the biggest single payment some people receive all year; common ...
EU Discusses Non-Tariff Barriers, Semiconductors with U.S. in Trade Talks
"EU standards, particularly as they relate to food health and safety are sacrosanct," Olof Gill, a commission spokesperson, said on Tuesday after the EU's trade commissioner Maros Sefcovic flew to ...
Stocks that benefit from chaos are helping a husband-and-wife investing duo beat the competition
Johnson & Johnson (JNJ) shares are up after a profit and revenue beat and raised guidance. Bank of America (BAC) is also rising after topping Wall Street's earnings and revenue targets. PNC Financial ...
Bank of America profit jumps 10%, but CEO Moynihan warns of 'a changing economy'
Bank of America's first-quarter profit climbed about 10% to $7.4 billion, or 90 cents a share, from $6.7 billion, or 76 cents a share, in the year-earlier quarter. The bank topped the FactSet ...
Fund managers have never turned so pessimistic this quickly on U.S. stocks, a survey finds
Fund managers have quickly become pessimistic on U.S. stocks after the introduction of Trump administration tariffs. According to screenshots of Bank of America's fund manager survey shared on the ...
Honda Motor Mulls Auto Manufacturing Relocation into U.S. From Canada, Mexico, Nikkei Reports
-- Automaker Honda Motor plans to move its car production out of Canada and Mexico and into the U.S. in response to Trump's 25% tariffs on imported vehicles, according to a Nikkei report.
Nissan to Cut Japanese Production of Popular U.S. Model in Response to Trump Tariffs, Reuters Reports
-- Japanese automaker Nissan plans to reduce domestic production of one of its most popular models in the U.S. in response to Trump's 25% import tariff, according to Reuters, citing an unidentified ...
These Fund Managers Could’ve Gone Fishin’ and Earned Double the Return
A ‘do-nothing’ portfolio trounced the performance of the average tactical allocation fund. There’s a lesson in that for jittery investors.
I held power of attorney for my late brother. Can I withdraw money from his bank account to give to his favorite charity?
Those percentages are much lower for less wealthy households and for Black and Hispanic households, the survey found. The three main reasons why people got a will: They had a child (20%); they had a ...
I begged my adviser to sell amid the market turmoil. He dragged his feet and I lost $20,000. Do I have any recourse?
Cue the market downturn and I lost $20,000. I called again and begged him to get me out. He told me he would have my money out of the market by the end of the day - and it was. If he had moved my ...
Johnson & Johnson raises sales outlook, even with tariff costs accounted for
Johnson & Johnson maintained its full-year 2025 adjusted earnings outlook of $10.50 to $10.70 a share, or 6.2% growth from a year ago at the midpoint.
Bond market is the Achilles' heel of Trump's 'big, beautiful' budget bill, say investors
Yet the bond market already was set to be the elephant in the room as Trump's "big beautiful" budget bill heads for a potential showdown in Congress, including over plans for a multitrillion-dollar ...