Consumer confidence recovers a little

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ... Show More

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May. 

It has been a wild few weeks in markets. By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.” Then on Monday, ... Show More

The shares of Apple were among brands worst hit after US tariffs were announced, but President Trump maintained the American economy would ultimately "boom". Also: release date of Nintendo Switch 2 console revealed. 

The Federal Reserve just admitted we're heading for a major recession as confidence in the U.S. economy sent investors away from the U.S. dollar. Economist Peter Schiff says this is going to be worse than 2008 by a long shot. Get ready! 

LONG The White House has urged investors to trust in Donald Trump as Wall Street continues a global sell-off in response to his tariff announcement. The Dow Jones index is down more than three percent, the dollar has fallen and oil prices have slipped. Shares prices in Europe and ... Show More

Early estimates say the GOP’s tax bill will add $3.8 trillion in deficits over the next 10 years. (This, despite President Trump’s insistence on shrinking the national debt.) But amid economic instability caused by the trade war and federal spending cuts, will the bond market sna ... Show More

S&P futures are pointing to a slightly lower open today, down (0.2%). Asian equities were mostly higher Thursday, supported by gains in Greater China markets. European equity markets are also broadly firmer, with the FTSE 100 leading at +0.7%. President Trump issued additional ta ... Show More

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Another volatile day on Wall Street pushed the S&P 500 Index back to the brink of a bear market as the Trump administration doubled down on its plans to enact hefty tariffs that threaten to send the American ec ... Show More

Markets shook after US President Donald Trump announced his so-called reciprocal tariffs earlier this month. But there was one market in particular that got investors particularly worried: Treasuries. What’s usually a safe haven asset suddenly saw huge sell-offs. Trump managed to ... Show More

It's been a volatile few days across global markets.  As the equity sell-off has deepened, a growing number of market strategists have revised down their targets for where the S&P 500 will be at the end of the year, and economists at several big banks have updated their forecasts ... Show More