Ignore the stock market — Wall Street dealing with painful detox from government spending addiction
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Stock Market Live Today: Will the Nifty crack 22,000; Rout across Asia on Wall Street sell-off, growth concerns
Sensex Nifty Today | Stock Market Live Updates: Indian stock markets are likely to start the day on a weak note, following a sharp sell-off in global markets. Asian markets tumbled early Tuesday, mirroring the overnight slump on Wall Street,
Read MoreHow China's retaliatory soybean tariff impacts the US economy
China imposed various retaliatory tariffs on the US in response to US President Donald Trump’s tariff policy. Particularly notable is the 10% tariff China imposed on US soybeans (ZS=F), as soybeans are the US’s top agricultural export, with China as the top importer.
US Soybean Export Council CEO Jim Sutter joins Brad Smith on Wealth to discuss the state of the soybean market following the tariffs and the impact on consumers.
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Read MoreUS stock markets tumble amid fears of recession and trade wars
The U.S. stock market started the week with a major sell off across multiple sectors as President Donald Trump warned of an economic “transition period” ahead.
The S&P 500 was down 2.7%, the Dow Jones Industrial Average was down 2.08% and the Nasdaq Composite index sank 4%.
Tesla skidded 15% in its worst daily performance since 2020.
» Read more about: US stock markets tumble amid fears of recession and trade wars »
Read MoreMusk Keeps His Eye on Social Security
Elon Musk keeps talking about Social Security.
Two weeks ago, he called it a Ponzi scheme. This week, he suggested that his Department of Government Efficiency would scrutinize the agency’s spending. And he has repeatedly suggested, without evidence, that Social Security payments are flowing to undocumented immigrants and dead people.
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Read MoreThe Burst
Market Commentary: Don’t Buy The AI Hype
Artificial intelligence was poorly understood for so long. What some claimed was AI was really human-programmed algorithms, or rulesets with decision-making programmed by a person.
Artificial intelligence is different.
Read MoreThe Ivy
1 Brilliant Company On Sale?
Warren Buffett described major selloffs in the market as times when it rains gold because the opportunity to make enormous sums of money is everywhere. He further goes on to say that unfortunately those times only come alone maybe once per decade so when they do you need to be ready to pounce in a big way.
» Read more about: 1 Brilliant Company On Sale? »
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