News

Ford puts a number on its profit hit from Trump's tariffs and halts guidance
Ford Motor Co. late Monday pulled its 2025 guidance, citing significant near-term risks, and said it expects a tariff hit of about $1.5 billion for the year as U.S. automakers continue to grapple with ...
Alberta Says Referendum on Separation From Canada Possible Next Year
OTTAWA--The premier of the resource-rich Canadian province of Alberta said it will hold a referendum next year that could include a vote on whether to separate from Canada.
Financials Down as Fed Hopes Fade — Financials Roundup
Shares of banks and other financial institutions fell as hopes for multiple rate cuts this year faded somewhat. Spanish lender Banco Santander agreed to sell most of its Polish assets to Austria's ...
Consumer Cos Down as Traders Reverse Rate Bets — Consumer Roundup
Consumer companies fell as traders reversed bets that the Federal Reserve would soon intervene to cut interest rates.
Dollar Gains 0.57% to 19.6930 Mexican Pesos — Data Talk
Dollar/Mexican peso: 19.6930 Mexican pesos per dollar (0.0508 dollar per Mexican peso) --Largest one-day percentage gain since Thursday, April 10, 2025 --Off 5.54% from its 52-week high of 20.8489 hit ...
Energy Down Alongside Oil Futures — Energy Roundup
Shares of energy companies fell sharply alongside oil futures after OPEC+ unexpectedly boosted production. Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, ...
The worst probably isn't over for the stock market - here's why
The stock market's near-record-setting rally over the past month may soon peter out, according to a contrarian analysis of investor sentiment.
Ethereum Lost 1.44% to $1809.43 — Data Talk
Ethereum is down $26.47 today or 1.44% to $1809.43 --Largest percentage decrease since April 24, 2025 when it dropped 1.89% --Worst three day stretch since the three days ending April 17, 2025 when it ...
S&P/TSX Composite Index Ends 0.31% Lower at 24953.52 — Data Talk
The S&P/TSX Composite Index is down 77.99 points or 0.31% today to 24953.52 --Largest one-day point and percentage decline since Monday, April 21, 2025 ...
Buy stocks just when a recession is confirmed? Here's why the risk can pay off.
It's timely to review the Recession Buy Indicator after the report that the U.S. economy shrank at an annualized rate of 0.3% in the first quarter of this year. Many economists believe that President ...
The next potential weapon in Trump's battle with Harvard: raising the tax levied on its $53 billion endowment
The tax-code overhaul of 2017 slapped a 1.4% tax on certain endowments, including Harvard's. Some Republican lawmakers have been pushing for a far steeper tax on endowments as they negotiate tax ...
Bovespa Index Ends 1.22% Lower at 133491.23 — Data Talk
The Bovespa Index is down 1642.65 points or 1.22% today to 133491.23 --Largest one-day point and percentage decline since Tuesday, April 8, 2025 --Off 2.81% from its record close of 137343.96 hit ...