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Biden to Quadruple Tariffs on China EVs, Offer Solar Exclusions
President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, unveiling the measures at a White House event framed as a
Inflation trap? Stock market’s near-record run faces the most crucial CPI reading of 2024.
Consumers have grown more dreary about the inflation outlook, according to the University of Michigan index released Friday. It showed a one-year inflation exp
Utility stocks are on fire — here are Wall Street analysts' top picks
Utility stocks have turned into leaders recently, gaining more than 4% over the past five days to close out their best week of the year. The S&P 500 Utilities ETF (XLU) is up more than 12% year to
Inflation moving ‘a baby step’ in the right direction? Here’s what Wall Street economists expect from this week’s big reports.
After a quiet week for U.S. economic indicators, this week will ramp up with Wednesday’s release of the key April consumer price index.
A Doomsday Recession Mentality Is Keeping the S&P 500 Strong
North America’s largest companies are on track to post their best quarterly earnings relative to expectations in at least two years, as they’ve worked to keep costs down over fears of a recession.
Australian regulator investigates ANZ over treasury-bond issuance
ANZ Group Holdings said on Monday Australia's corporate regulator is investigating the lender for suspected violation of laws in executing the issuance of 10-year treasury bonds by the Australian
BlackRock Warns Weak Yen Deters Foreigners From Japanese Stocks
Investing in Japanese equities becomes harder if the currency continues to weaken,” said Yue Bamba, head of Japan active investments at BlackRock Inc. “When you speak with global investors about
South Korea tightens scrutiny to speed up real estate restructuring
South Korea's financial watchdog said on Monday it was expanding and toughening the assessment of real estate projects in a bid to speed up restructuring of the sector. House prices in South Korea
The Demise of the Defined-Benefit Plan and What Replaced It
In this article, we look at the shift away from defined-benefit plans in the last few decades toward defined-contribution plans, such as 401 (k)s, and suggest ways to ensure that you have a
Australia's budget is expected to target housing crisis as prices keep climbing
Treasurer Jim Chalmers is set to deliver the budget on Tuesday, which is expected to focus on addressing the nation's housing crisis.
Asian markets mixed as traders pause ahead of US inflation data
Equities fluctuated Monday as traders took a breather after the past weeks' healthy run as they absorbed weak Chinese data and reports that the United States planned to ramp up tariffs on clean
Gen Z Is Lonely Thanks to “Flexible” Remote Work, Falling Behind
Let’s face it. Remote work brings strong emotions from both sides. Those who are in favor say it will help with work-life balance, save on commuting costs and a net benefit to the employee. The other
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