Financial markets around the world have been particularly shaky lately because of uncertainty about what Trump will announce in the event scheduled to begin after the U.S. stock market closes for the day. Much is still unknown about what Trump will say, including how big the tariffs will be, which countries will be hit and what kinds of products will be targeted.
Stocks make little progress, gold rises as tariff news looms
U.S. equities were barely changed while European stocks fell on Wednesday and safe-haven gold was in demand as investors anxiously awaited details of U.S. President Donald Trump's tariff plans and worried about an intensifying global trade war. Investor focus on Wednesday was firmly on reciprocal levies the White House is due to announce after the U.S. stock market close, in what Trump has called America's "Liberation Day." Trump is expected to add new trade tariffs that take effect immediately, adding to already imposed levies on aluminium, steel and autos, along with increased duties on all goods from China that have rattled markets as fears grow a full-blown trade war could trigger a sharp global economic slowdown.
Why Trump's tariffs could actually be good for bitcoin
As the Trump Administration sets out tariff policy on “Liberation Day” Wednesday, many are pessimistic about the economy in general and crypto prices in particular. But there are strong reasons not to be, say analysts.
Gen Z and millennials are creating a recession-resistant corner of the market
Gen Z and millennials spend around three times as much as baby boomers do on fitness, according to data from Bank of America.
Better Buy Right Now With $2,000: Bitcoin or Solana?
2025 has already been a chaotic year for both Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL), with the former losing 6% of its value and the latter losing 28% even as both are exposed to major catalysts in the form of an emerging apparently pro-crypto regulatory regime in the U.S. Here's which one is the better option for an investment of $2,000. Bitcoin is the safer of these coins, which makes it the better choice for conservative investors.
Oil edges higher as market awaits fresh U.S. tariffs
NEW YORK (Reuters) -Oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be announced at 2000 GMT, which could exacerbate a global trade war and dampen demand for crude. Brent futures were up 13 cents, or 0.2%, at $74.62 a barrel by 10:53 a.m. EDT (1453 GMT). U.S. crude inventories posted a surprise large build of about 6.2 million barrels last week, Energy Information Administration data showed.
Newsmax stock surges after its IPO
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
The booming catastrophe bond market is now open to retail investors
Retail investors can buy shares of an ETF backed by investments in a corner of the bond market that's boomed in recent years.
Shipbuilder Austal rides military spending wave, shares defy market slump
U.S. President Donald Trump's policies that have rattled stocks around the world are benefiting Australian shipbuilder Austal, analysts said on Wednesday. Shares of the company, which supplies defence and commercial vessels to the Australian and U.S. navies among other clients, surged 35% in the three months ending March, clocking their best quarterly gains in nearly two years since June 2023. The surge in Austal's shares comes amid Trump's call asking Australia and other U.S. security allies to increase defence spending.
The 10 top-performing stocks last quarter include Warren Buffett's favorite internet company and the maker of the Zyn pouch
Energy, basic materials, consumer staples, and utilities were the top sectors in the first quarter. The broader market had its worst quarter since 2022.