The company that owns Trump’s Truth Social platform aims to launch ETFs with a “Made in America” focus. Shares are up, but details are scarce.
Exclusive: BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize
The world’s largest asset manager first launched its money market fund on the Ethereum blockchain.
Fed hands Tennessee bank a cease-and-desist order
The central bank identified weaknesses in Frankewing Bancshares’ operations, including its inability to provide financial and managerial support to the bank.
UBS’s Top Strategist Sees Consumer Slowdown Hitting S&P 500
(Bloomberg) -- The chief strategist at UBS Investment Bank said the “visibly tiring” US consumer is set to further pressure stock prices, setting the stage for another 8% slump in the S&P 500. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Stree
5 Things to Know Before the Stock Market Opens
News of the day for March 25, 2025
Morgan Stanley’s Mike Wilson says it’s become clear to Wall Street that President Trump ‘doesn’t care’ about the stock market
Wall Street expected to have something of a friend in Donald Trump, yet the President's indifference to market volatility is analysts' true cause for concern, said Mike Wilson.
Tullow Oil Hones In on Ghana to Bring Debt Below $1 Billion
(Bloomberg) -- Tullow Oil Plc will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Streets Car-FreeThe company has been chipping aw
Smithfield Foods Stock Rises Following First Results Since IPO
Shares of Smithfield Foods rose in premarket trading Tuesday after the pork giant reported its first quarterly results since its initial public offering.
McCormick (NYSE:MKC) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops
Food flavoring company McCormick (NYSE:MKC) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.61 billion. Its non-GAAP profit of $0.60 per share was 6.8% below analysts’ consensus estimates.
US consumers slow spending as inflation bites, Synchrony says
U.S. consumers have been curbing their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony Financial. Americans have been accumulating more debt amid strain in their finances, with delinquencies edging up for auto loans, credit cards and home credit lines, the Federal Reserve said last month. Philadelphia Federal Reserve President Patrick Harker has also warned that trouble may be brewing for the U.S. economy, which is showing signs of stress in the consumer sector with consumer confidence also waning.