Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025.Bloomberg | Bloomberg | Getty ImagesAustralia’s economy grew less than expected in the first quarter this year, as growth stalled amid the simmering global trade tensions.The country’s economy grew 1.3% year-on-year in the first quarter, lower than the estimated 1.5% growth among economists polled by Reuters. That was unchanged from the 1.3% year-on-year growth in the prior quarter.The GDP figure comes as the Reserve Bank of Australia slashed rates to its lowest level in two years at its last meeting in May…
Author: usaeverydaylife
Emil Barr, 22, graduated from Miami University in May 2024.Courtesy of Emil BarrIt’s no secret that college in the United States is expensive — about 43 million people live with student debt and the outstanding federal student loan balance stands at about $1.8 trillion, according to the Education Data Initiative.But startup founder Emil Barr says everything is negotiable — even your college tuition.In fact, on top of successfully negotiating with his school administration to cover about $60,000 of his tuition fees, the 22-year-old startup founder made more than $140,000 over the four-year period that he was enrolled, according to documents…
Drew McKnight, Fortress Investment Group, joins ‘Fast Money’ to talk the state of private credit investing. Source link
Landscape of Songdo International City. Incheon, South Korea.Photograph By Kangheewan. | Moment | Getty ImagesAsia-Pacific markets rose Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia.Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market-cap past Microsoft’s for the first time since January. Chip companies Broadcom and and Micron Technology rose more than 3% and 4%, respectively.South Korean markets led gains in the region, resuming trade after opposition party leader Lee Jae-myung was elected president.The Kospi index popped 1.57% to hit a 10-month high, while the small-cap Kosdaq advanced 1.06%.Over in Japan, the…
Anna Barclay | Getty ImagesPresident Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company, the latest sign of Trump’s expanding push into the crypto world. Known as a 19b-4 form, the filing is required before regulators can decide whether to allow the fund to launch and trade on a U.S. exchange.Called the Truth Social Bitcoin ETF, the fund is designed…
CNBC’s Eamon Javers joins ‘Fast Money’ to talk the latest on the White House’s response to Elon Musk. Source link
Reviewing Tuesday’s market session, CNBC’s Jim Cramer said President Donald Trump’s actions draw short sellers and prompt investors to make misguided moves.”When you examine the market’s mistakes, they share a common theme: the president’s distorting pretty much everything, especially with his tariffs and his jingoistic approach to the rest of the world, and it’s continually confounding traders and investors alike,” he said. “People would just rather be short, they expect the market to come down every day.”The indexes saw gains on Tuesday as the Dow Jones Industrial Average climbed 0.51%, the S&P 500 rose 0.58% and the Nasdaq Composite added…
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesSen. Elizabeth Warren’s office issued a report Tuesday chronicling Elon Musk’s “130 days” in President Donald Trump’s administration, accusing the billionaire of using his government perch to enrich himself and his businesses.”Musk and individuals acting on his behalf have been involved in dozens of questionable actions that raise questions about corruption, ethics and conflicts of interest,” says the report by the Massachusetts Democrat’s office.The 14-page report outlines more…
The ‘Fast Money’ traders talk Warner Bros. Discovery Shareholders reject CEO pay package. Source link
Traders work at the New York Stock Exchange on May 9, 2025. NYSEU.S. stock futures were little changed Tuesday night, after the S&P 500 notched a second straight day of gains.Dow Jones Industrial Average futures rose 27 points, or 0.06%. S&P 500 futures gained 0.07%, and Nasdaq 100 futures added 0.03%.In extended trading, CrowdStrike Holdings shares dropped more than 6%, after the cybersecurity company posted soft guidance on revenue for the current quarter. Hewlett Packard Enterprise shares popped 3%, after the information technology company topped analysts’ expectations on the top and bottom lines.Wall Street is coming off a solid session Tuesday,…
