Stocks closed down significantly on Wednesday as bond yields spiked amid deficit concerns centered on a tax cut measure under consideration in the U.S. House as part of a megabill supporting President Donald Trump’s second-term agenda.
The Dow Jones Industrial Average closed down 817 points, or 1.9%, while the S&P 500 declined 1.6%.
» Read more about: Dow closes down 800 points as bond sell-off rattles markets »
The US dollar is under pressure as global investors grow increasingly wary of America’s fiscal trajectory.
Once seen as a reliable safe haven, the greenback is now facing renewed skepticism, with strategists telling Yahoo Finance that capital is shifting toward undervalued currencies in Europe and Asia amid expectations of foreign stimulus and more attractive valuations abroad.
BENGALURU: The S&P 500 struggled for direction on Thursday after the US House of Representatives passed President Donald Trump’s tax and spending bill, expected to burden the federal government with trillions of dollars in extra debt, by a razor-thin margin.
If what Trump has described as a “big,
» Read more about: S&P 500 directionless after Trump's tax-cut bill wins House vote »
PARKERSBURG, W.Va. (WTAP) -The Mid-Ohio Valley Chamber of Commerce held it’s monthly Lunch & Learn event with other chamber members.
The Commerce invited Hall Financial Advisors to the event to discuss about 401k and retirement plan options.
Lisa Parsons, the CEO and President of the MOV Chamber of Commerce,
“America voted for corruption.” That is how Walter Shaub, former director of the United States’ Office of Government Ethics, described US President Donald Trump’s initial actions to support the cryptocurrency sector,
» Read more about: Trump and cryptocurrency: Serious suspicions of conflicts of interest »
Investing
The NEOS NASDAQ-100 High Income ETF (QQQI) features a higher yield than the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
However, the JEPQ ETF could be superior because it’s less heavily weighted toward a handful of stocks than the QQQI ETF.
CHICAGO, May 22, 2025 /PRNewswire/ — The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared second quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares.
» Read more about: TDS announces second quarter 2025 dividends »
Warren Buffett’s record of delivering market-beating returns for Berkshire Hathaway (BRK.A -0.32%) (BRK.B -0.70%) shareholders over six decades will be very difficult for any CEO to match. From 1965 through 2024, he guided Berkshire to an incredible return of 5,502,284%.
» Read more about: The Best Warren Buffett Stocks to Buy With $1,000 Right Now »
If you’ve ever fantasised about having a job with Warren Buffett’s iconic firm, Berkshire Hathaway, you may wonder how much workers there really earn, and a new report has revealed how much employees earn at the firm, as per a report.
Berkshire Hathaway, famous globally as a corporate giant that grew from a textile manufacturer into a multinational conglomerate,
Fears of higher prices caused by President Donald Trump’s tariffs unleashed a burst of spending earlier in the year, but that’s winding down—and the forecaster for shoppers to turn thrifty could weigh on the economy in the coming months.
Retail sales rose 0.1% in April, down from the prior month’s 1.7% increase.