Stocks Slip, Tesla Tanks as Trump-Musk Feud Rages
Rising jobless claims and a sharp decline in imports raised the specter of slowing economic growth.
—-
Fed’s Kugler: Higher Inflation Bigger Risk Than Weak Employment
The Fed governor supports keeping interest rates at current levels if the risk of higher inflation remains.
President Trump posted on social media that he had a ‘very good phone call’ with Chinese leader Xi Jinping over trade.
“I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal,”
Lululemon (LULU)
Shares in the apparel company plunged 21.7% after the company issued weaker-than-expected guidance for the second quarter and claimed profits are at risk in a “dynamic macro-environment”. The brand expects Q2 earnings per share in the range of $2.85 to $2.90,
A recent trip to the gas station led to a Canadian lottery player driving off with a winning lottery ticket in hand.
Lee Ann Nahanee of Parksville, B.C., was filling up her car when she decided to check her ticket for the May 28, 2025, Lotto 6/49 draw.
“I was at a Shell gas station in Nanoose and the retailer checked the ticket,” Nahanee said of the moment she discovered she won.
Saurabh Rungta of Avendus Wealth Management remains bullish on Indian equities despite global tariff-led headwinds. While tensions like the US-China trade spat may trigger short-term volatility, India’s growth story is largely powered by domestic factors and is structurally resilient,
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
By Lawrence G. McMillan
An index close above 5,990 would be a bullish catalyst for a summer stock-market rally
The S&P 500 index SPX is struggling to move above the downtrend line that connects its February and May highs. If the benchmark can engineer this breakout, that would be very bullish for stocks,
» Read more about: The S&P 500 now has most of what it needs to hit an all-time high »
The S&P 500 Index is down 31.51 points or 0.53% today to 5939.30
–Largest one-day point and percentage decline since Wednesday, May 28, 2025
–Snaps a three-trading-day winning streak
–Off 3.33% from its record close of 6144.15 hit Wednesday, Feb. 19, 2025
–Up 2.71% from the Election Day close of 5782.76 on Tuesday,
» Read more about: S&P 500 Falls 0.53% to 5939.30 — Data Talk »
By COLLIN BINKLEY, AP Education Writer
WASHINGTON (AP) — Three decades ago, foreign students at Harvard University accounted for just 11% of the total student body. Today, they account for 26%.
Like other prestigious U.S. universities, Harvard for years has been cashing in on its global cache to recruit the world’s best students.
S&P 500 futures moved lower on Thursday evening ahead of a key jobs report that is expected to shed light on the health of the U.S. economy.
S&P 500 futures ticked down 0.2%. Futures for the Dow Jones Industrial Average were little changed, while Nasdaq 100 futures shed 0.4%.
» Read more about: S&P 500 futures slip ahead of May jobs report: Live updates »