A person waits at a bus stop in the Brooklyn borough on March 25, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days — investors, perhaps, are cautiously optimistic that President Donald Trump will soften his stance on reciprocal tariffs.Across the pond, German software-maker SAP, riding a wave of stock gains has taken the crown of Europe’s most…
Author: usaeverydaylife
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyGene Munster, Deepwater Asset Management, joins ‘Closing Bell Overtime’ to discuss if AI spending grew too big too fast.05:584 hours ago Source link
The Boeing Company logo is displayed.Sopa Images | Lightrocket | Getty ImagesA U.S. judge on Tuesday abruptly set a June 23 trial date in the Justice Department’s criminal fraud case against Boeing stemming from the planemaker’s alleged misrepresentations to U.S. regulators about a key system on the 737 MAX.In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after two fatal 737 MAX crashes and to pay a fine of up to $487.2 million. U.S. District Judge Reed O’Connor had previously given Boeing and DOJ until April 11 to come to an agreement on a new plea deal after he rejected the prior deal, faulting a diversity and inclusion provision.In 2023, O’Connor said in Fort Worth, Texas, “Boeing’s crime may properly be…
Reports of past meddling by the Indian government roiled Canada’s general election on Tuesday, putting Pierre Poilievre, the Conservative Party leader and the main challenger to Prime Minister Mark Carney, on the defensive.Canadian intelligence officials said Indian agents and proxies raised money and organized support for Mr. Poilievre in the 2022 Conservative Party leadership race that he won, Canadian news media reported on Tuesday. Intelligence officials said there was no evidence that Mr. Poilievre or people close to him were aware of the interference.There was no indication that the meddling influenced the outcome of the leadership race, which Mr. Poilievre…
Mike Khouw, OpenInterest.Pro chief strategist, joins CNBC’s Melissa Lee and the Options Action traders. Source link
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan.Jaczhou | E+ | Getty ImagesAsia-Pacific markets opened higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier. Australia’s S&P/ASX 200 opened 0.71% higher.Japan’s Nikkei 225 rose 0.63% at the open, while the Topix added 0.39%. South Korea’s Kospi climbed 0.38% while the small-cap Kosdaq traded 0.28% lower.Hong Kong’s Hang Seng index futures were at 23,478 also higher than the HSI’s last close of 23,344.25.According to reports from The Wall Street Journal and Bloomberg, the White House’s planned tariffs…
Wildfires spread along the slopes in Uiseong, South Korea, on March 24, 2025.Yasuyoshi Chiba | Afp | Getty ImagesAt least 16 people have died as multiple wildfires rage across South Korea’s southeastern region.Deadly wildfires spread across South Korea’s southeastern region on Tuesday, forcing thousands of residents to flee their homes and razing neighborhoods, with authorities transferring hundreds of inmates from prisons.As of Wednesday 5 a.m. (2100 GMT), 12 people had died in a wildfire starting from Uiseong county, while four other deaths were linked to another fire from Sancheong county, according to the Safety Ministry.The Uiseong fire, only 68% contained and exacerbated by strong winds, shows…
The major averages posted marginal gains on Tuesday, just enough to post three straight winning days. Here’s what CNBC is watching going into Wednesday. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
HSBC says high levels of uncertainty surrounding the economy mean U.S. assets will stay under pressure. Questions about the level of tariffs on which products from which countries ahead of the April 2 start date set by President Donald Trump have led to a “confidence shock” in households and businesses, the London-based bank said. It noted that consumer sentiment has weakened, price expectations have risen and consumer expectations regarding the labor market have worsened. “Uncertainty around the 2 April deadline may also be very high. But what matters most to us is the probability of these unusually high levels of…
