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Fed chair warns Trump's tariffs will worsen inflation and lower economic growth
Federal Reserve Chairman Jerome Powell warned Friday that Trump's strict tariffs will worsen inflation and lower economic growth. As a result, the Fed won't change interest rates for now.
5 Best Stocks for Beginners With Little Money to Invest
Still, investors – even beginners with little money to invest – can take heart. Although it may seem counterintuitive during times like these, equity investing for the long run is an excellent idea.
Stocks plunge in response to reciprocal tariffs. Is it a good or bad time to invest?
U.S. stocks plummeted Thursday after President Donald Trump announced reciprocal tariffs on 185 countries, further raising the risk of a global trade war. It may not be the best day to look at your
Americans are taking Mark Cuban's advice and stockpiling goods — and cutting back on others
Americans told BI they're buying makeup, skincare goods, spices, and meat to freeze. Others are pulling back on spending on items like tea and fruit.
What Is the EITC and Who Qualifies?
What Is the EITC and Who Qualifies? If you aren’t eligible for the earned income tax credit, or EITC, it means you make too much money to get it. If you are eligible for it, it means you can get a
Sell-off worsens worldwide and Dow drops 1,700 after China retaliates against Trump tariffs
Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S.
U.S. stocks poised for biggest two-day wipeout in history as market loses $9.6 trillion since Inauguration Day
U.S. stocks have wiped out roughly $9.6 trillion in value since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones
Fed's Powell says economy in 'good place,' officials' job is to contain inflation
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the possibility of fewer rate cuts
Veteran fund manager unveils 4 ways market could rebound
"Our fundamental conviction remains that equity prices, bond yields, and the dollar’s value will rebound this year." Christopher said he expected the economy to gain some traction beginning in the
Warren Buffett defended his massive $300 billion cash pile in February. Now he doesn't have to.
Warren Buffett took pains in his annual letter to Berkshire Hathaway shareholders to explain why the conglomerate had a cash pile of $334 billion at the end of 2024. "Despite what some commentators
Stocks tumble again after China fires back in trade war
The major U.S. stock indexes dropped sharply Friday trading as President Donald Trump's historic tariffs announcement sent shockwaves through the global economy.
Trump says 'perfect time' for Powell to cut rates as markets plummet after shocking tariff announcements
President Trump fired off a flurry of social media posts early Friday as he defended his controversial tariff policies, shrugged off market volatility, and pushed for more rate cuts. “This would be a
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