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Category: Economy

Bonds

Tech rout accelerates as Nasdaq posts worst week since April meltdown, consumer sentiment crashes to three-year low

Wall Street limped into the weekend Friday, November 7, 2025, as artificial intelligence stocks extended their brutal selloff and consumer…

Congress

Centrist Democrats betray progressive base as eight senators strike shutdown deal without healthcare guarantees, ending 43-day crisis

Eight moderate Senate Democrats defied their party leadership Thursday, November 6, to advance a funding deal that would reopen the…

Bonds

Stocks rebound as Supreme Court grills Trump on tariff authority, chipmakers rally 3% amid AI bubble concerns

Wall Street staged a modest recovery Wednesday as investors bet that Supreme Court skepticism toward President Trump’s sweeping tariff authority…

Bonds

Tech stocks crater as AI bubble fears intensify, S&P 500 slides 1.17% while Palantir plunges 8% despite earnings beat

Wall Street suffered a bruising selloff Tuesday, as mounting concerns about artificial intelligence valuations combined with delayed SNAP payments to…

Bonds

Amazon ignites AI rally with $38B OpenAI deal as tech megacaps reclaim leadership, Dow lags on Kimberly-Clark acquisition

Wall Street kicked off November on a mixed note Monday, November 3, as artificial intelligence optimism propelled technology megacaps higher…

Congress

Government shutdown enters day 31 as SNAP crisis explodes, Trump hosts Gatsby party while federal judges order emergency food aid

The government shutdown entered its 31st day Friday, matching the longest funding lapse in American history as a national food…

Bonds

Fed cuts rates but Powell dampens December hopes, Meta craters 11% on AI spending fears as Trump-Xi trade truce falls flat

Wall Street retreated from record highs Thursday, October 30, as Federal Reserve Chair Jerome Powell cast doubt on additional rate…

Economy

Trump and Xi prepare for historic summit as breakthrough trade framework promises tariff relief and rare earth cooperation

President Donald Trump expressed confidence Tuesday, October 29, 2025, that his upcoming meeting with Chinese President Xi Jinping in South…

Bonds

Tech megacaps drive indexes to fresh records as Microsoft secures $135B OpenAI stake, S&P 500 breaks through 6,800 barrier

Wall Street powered to new all-time highs Monday, October 28, as technology giants continued their relentless march higher on artificial…

Economy

Trump declares breakthrough as Treasury Secretary Bessent confirms 100% China tariffs ‘off the table’ ahead of Thursday Xi summit

President Donald Trump expressed confidence, Monday, that his upcoming meeting with Chinese President Xi Jinping will produce a comprehensive trade…