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Stocks slump after Trump declines to rule out recession
U.S. stocks dropped in early trading on Monday, suffering widespread losses a day after President Donald Trump declined to rule out the possibility of a recession. The Dow Jones Industrial Average
Analysts revisit S&P 500 forecasts amid recession worry
U.S. stocks could fall sharply over the coming months if recession risks materialize, a top Wall Street bear cautioned Monday, as evidence of weakness in the world's biggest economy mounts. Morgan
BlackRock: Texans are getting the retirement jitters as golden years loom
A growing number of Texans fear their golden years could turn to lead, with many feeling financially unprepared as retirement draws closer, BlackRock reported on Monday. In a new survey, the world’s
Carney Says Canada’s Tariffs to Stay Until US Shows ‘Respect’
Canada will keep in place its retaliatory tariffs against US-made products as long as President Donald Trump persists with a trade war, said Mark Carney, the Canadian prime minister-designate.
Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs
Asian stocks got a mixed start to trading Monday as uncertainty persisted over what President Donald Trump will do with tariffs. U.S. futures were lower and oil prices also fell. Shares in China led
Magnificent 7 wipeout: The market's favorite stocks are getting crushed today
The market's favorite tech stocks keep on losing. The group known as the Magnificent 7 — considered the most popular high-flying names in the US stock market — slid deeper into the red on Monday. The
Why Social Security’s Future Could Be in DOGE’s Hands
Trump promised that Elon Musk’s DOGE wouldn’t touch Social Security. But DOGE is already making cuts to the agency.
Older American amassing credit card debt to cover expenses, AARP finds
Nearly half of older Americans with credit card debt are relying on credit cards to cover their basic living expenses, with more than a third seeing balances rise, AARP found.
There’s a Fed put and a Trump put — but don’t forget the C-suite put as well
Companies may put a floor under stocks by switching to buybacks from capital expenditure, according to Citi strategists.
Mortgage rates are dropping, but buyers still skeptical of housing market
After the 2008 financial crisis, the housing market recovered fairly well, with mortgage rates remaining below 5% and competitive housing prices. However, the post-COVID housing market faces
XRP Price Tumbles. Why the Crypto Is Getting Hit So Hard.
XRP tumbled and other cryptocurrencies were also under pressure Monday as traders digested President Donald Trump’s latest policy measures. XRP, which is used to settle and facilitate transactions on
Thought inflation was bad? Health insurance premiums are rising even faster
Kirk Vartan pays more than $2,000 a month for a high-deductible health insurance plan from Blue Shield on Covered California, the state’s Affordable Care Act marketplace. He could have selected a
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