Jefferies’ David Zervos joins ‘Fast Money’ to talk tariffs, interest rates, and markets. Source link
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In this photo illustration, Ruth Jones, Immunization Nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center on May 29, 2025 in Miami, Florida. Joe Raedle | Getty ImagesThe nation’s top public health agency posted new recommendations that say healthy children and pregnant women may get Covid vaccinations, removing stronger language that those groups should get the shots.The change comes days after U.S. Health Secretary Robert F. Kennedy Jr. announced that Covid vaccines will no longer be recommended for healthy children and pregnant women.But the updated guidance on the Centers for Disease Control and Prevention’s website sends a more…
Loretta Swit portrays Major Margaret ‘Hot Lips’ Houlihan on the CBS television series, M*A*S*H (MASH). Image dated: May 9, 1972 Los Angeles, CA.CBS Photo Archive | CBS | Getty ImagesLoretta Swit, the Emmy-winning actress most well-known for her leading role on “M*A*S*H,” has died, her representatives said Friday.She was 87.Swit died at her home in New York City just after noon Friday, her team said in a statement, citing a police report. It is suspected she died of natural causes, but a report from the coroner’s office is still pending.Swit portrayed the quick-witted Maj. Margaret Houlihan on one of TV’s…
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia.Kayla Bartkowski | Getty ImagesPBS on Friday sued President Donald Trump to block his effort to cut off federal funding for the public broadcaster.The U.S. Constitution and the half-century-old law governing public television “forbid” Trump from attempting to defund PBS or “serving as the arbiter” of its programming, PBS wrote in U.S. District Court in Washington, D.C.The lawsuit from PBS and one of its member stations in Minnesota came three days after NPR filed a similar suit against Trump and…
Whether the stock market can sustain its big comeback next week will hinge in large part on the employment picture, with investors counting on resilient consumer spending to prop up an economy that’s undergoing a massive upheaval from tariffs. Stocks have staged a rapid turnaround this month, with the S & P 500 rallying roughly 6% and the tech-heavy Nasdaq Composite climbing more than 9%. Tech stocks stocks tied to artificial intelligence especially benefited. Nvidia ‘s strong results this week added to renewed confidence in the sector, helping to drive up the chipmaker more than 23% in May alone. Still,…
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday.The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%, the lowest of 205. The monthly reading was in line with the Dow Jones consensus forecast while the annual level was 0.1 percentage point lower.Excluding food and energy, the core reading that tends to get even greater focus from Fed policymakers showed readings of 0.1%…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The May rally could be in trouble as a new month of trading approaches. The two unfilled up gaps in the S & P 500 SPDR ETF from earlier this spring are “an issue” for the market and will more than likely have to be “answered.” A sell-off down to the May 9 unfilled gap (at the 567.50 level) and a filling of said gap would represent a 3.05% decline for the market (from current levels). A drop to the April 23 unfilled gap (at the 529.30 level) and…
Taylor Swift performs on stage during the “Taylor Swift | The Eras Tour” at Wembley Stadium on June 21, 2024 in London, England.Jo Hale | Redferns | Getty ImagesTaylor Swift now controls her entire music catalog after she bought back the master recordings of her first six albums.”I’m trying to gather my thoughts into something coherent, but right now my mind is just a slideshow. As a flashback sequence of all the times I daydreamed about, wished for, and pined away for a chance to get to tell you this news,” she said in a letter on her website Friday. “I almost…
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesTesla CEO Elon Musk on Friday deflected a reporter’s effort to ask the mega-billionaire about a New York Times article detailing his alleged drug use during President Donald Trump’s campaign last year and legal drama involving some mothers of his children.Musk, who had led the DOGE government cost-cutting initiative for Trump since January, began talking over Fox News reporter Peter Doocy when Doocy asked him at a White House…
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel.Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors and union members will listen for answers from the president on what shape the deal he announced between U.S. Steel and Nippon will take.Trump described the deal as a “partnership” in a May 23 post on his social media platform Truth Social. The president said U.S.…
