Wall St Week Ahead-Big tech earnings, US jobs data highlight busy week for markets
Huge week of results, including Apple, Microsoft, Amazon Monthly jobs data, PCE inflation report also on tap Tariff developments set to remain in market’s focus NEW YORK, – A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while…
Yale alums warn Treasury chief Scott Bessent of Trump fascism risk
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz | Reuters A group of Treasury Secretary Scott Bessent’s classmates at Yale University urged him…
Oil posts weekly fall on tariff worry and rising supplies
NEW YORK (Reuters) -Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. Brent crude futures settled 32 cents higher at $66.87 a barrel, taking losses to 1.6% over the week. U.S. West Texas Intermediate crude gained…
Dollar set for first weekly gain since March on signs of easing US-China tensions
NEW YORK -The dollar headed for its first weekly gain since mid-March on Friday after China granted some tariff exemptions for U.S. imports, raising hopes that the trade war between the world’s two largest economies may be closer to abating. The U.S. currency has been whipsawed this week by conflicting signs for a thaw in…
Trump dinner for meme coin prompts senators to demand ethics probe
Jonathan Raa | Nurphoto | Getty Images WASHINGTON — Senators Adam Schiff and Elizabeth Warren are warning that President Donald Trump’s private dinner with holders of his meme coin may constitute “pay to play” corruption, and are calling for an ethics investigation. The Democratic senators, from California and Massachusetts, respectively, sent a letter on Friday…
Stocks rise again with tech-related shares; dollar gains
NEW YORK (Reuters) -Most stock indexes climbed on Friday, with the Nasdaq up more than 1% in afternoon trading as tech-related shares gained, while the dollar headed for its first weekly rise in over a month. Helping Nasdaq, shares of Google parent Alphabet were up 1.5% after it beat profit expectations and reaffirmed AI spending…