Tech and banking insiders cash in more than $800 million in stock—missing the worst of the market collapse
CEOs like JPMorgan’s Jamie Dimon and Meta’s Mark Zuckerberg sold stock recently.
CEOs like JPMorgan’s Jamie Dimon and Meta’s Mark Zuckerberg sold stock recently.
Wall Street's main indexes fell in choppy trading on Tuesday after U.S. President Donald Trump announced fresh tariffs on Canada, adding to investor unease that his trade policies could trigger an economic slowdown. Trump doubled his planned tariff on all steel and aluminum products coming into the U.S. from Canada, bringing the total to 50%, in response to the province of Ontario placing a 25% tariff on electricity coming into the United States. Global markets have been roiled ever since Trump sparked back-and-forth tariff moves against major trading partners such as Canada, Mexico and China.
(Bloomberg) -- US stocks have gone from scaling record highs to flashing recession worries in a matter of weeks.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroWhat began as a mild decline in the most
(Bloomberg) -- From ditching US stocks for Chinese peers to buying the yen and the euro, traders are running for cover as they ponder how a US markets meltdown may unfold.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller
WASHINGTON (Reuters) -U.S. President Donald Trump will meet the CEOs of America's biggest companies on Tuesday, including many whose market value has dipped in recent days as recession and inflation fears soured consumer and investor sentiment. The Republican president is expected to speak with around 100 CEOs at a regular meeting of the Business Roundtable in Washington, an influential group of CEOs leading major U.S. companies from Apple to JPMorgan Chase and Walmart. JPMorgan CEO Jamie Dimon, Citigroup CEO Jane Fraser and Goldman Sachs CEO David Solomon also plan to attend, according to three sources.
The latest contender is Manus, a Chinese AI agent being hailed as the next potential "DeepSeek moment."
U.S.-headquartered cryptocurrency exchange Coinbase Global has registered with India's Financial Intelligence Unit (FIU), allowing it to offer crypto trading services in the country, the company said on Tuesday. Coinbase said it plans to launch its initial retail services later this year and roll out additional investments and products thereafter, but did not disclose a specific timeline. Coinbase's entry into India comes at a time when interest in the asset class has soared in the country, with many young Indians dabbling in crypto and flocking to trading academies in the hopes of supplement their regular incomes.
Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.
These are today's mortgage and refinance rates. Interest rates are unsteady. Inflation data coming out this week could move them up or down. Lock in your rate today.
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + Renfr