The Fed paused interest rate cuts at its April meeting.
Social Security COLAs are based on inflation and are not directly affected by Fed rate cuts or hikes.
The Fed’s decision could indirectly affect the upcoming Social Security raise.
» Read more about: Fed Holds Interest Rates Steady: What It Means for Your Social Security COLA »
Tech earnings painted a mixed picture, with Alphabet shares jumping 6.3% in premarket after a record quarter for its cloud unit,
The US economy picked up steam in the beginning of the year as the United States and Israel launched a destabilizing war with Iran that has jacked up prices and is still ongoing.
Gross domestic product, which measures all the goods and services produced in the economy,
» Read more about: US economy showed solid growth in the first quarter as Iran war began »
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
» Read more about: Is Oracle the Best Long-Term Tech Stock To Buy? »
What happened: Semiconductor stocks rose on Thursday. Qualcomm (QCOM) surged 9% in premarket trading, while peers Broadcom (AVGO), Intel (INTC), and AMD (AMD) climbed higher as well.
What’s behind the move: Big Tech earnings from companies like Meta Platforms (META) and Microsoft (MSFT) showed hyperscalers plan to grow their capital expenditures on artificial intelligence infrastructure.
» Read more about: Semiconductor stocks rise on Big Tech earnings, Qualcomm beat »
Thinkstock
According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate. It can also include income from limited partnerships, stocks, bonds, and other similar enterprises in which the investor is not actively involved.
Fund to Begin Trading Under New Ticker “UFOX” on April 30, 2026
Defiance ETFs Announces Ticker Symbol Change for Defiance Connective Technologies ETF
Futures tied to major U.S. indices traded in mixed fashion as investors processed a wave of catalysts, including big tech earnings, a renewed surge in Brent crude prices, and a closely watched Federal Reserve rate decision. The pace of developments is expected to continue,
Galeanu Mihai / iStock.com
Worries about a potential economic downturn never fully go away. But lately, they’ve been getting louder.
Read Next: Mark Cuban Warns 4 Key Industries Could Crumble in the Next Recession
Check Out: 9 Unusual Ways To Make Extra Money (That Actually Work)
From tariffs to the Iran conflict,
» Read more about: I Asked ChatGPT: What Current Problems in the US Could Crash the Economy? »