Your Pulse On America: Live And Unfiltered
Warren E. Buffett’s approach to investing is deceptively simple. “Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices,” he once wrote to shareholders of Berkshire Hathaway, his business conglomerate. This method — known as value investing — had existed long before Mr. Buffett, now 94, began…
Stocks were on track on Friday to erase their losses from the days after President Trump’s chaotic rollout of tariffs in early April, bolstered in part by a healthy report on the labor market. The S&P 500 rose 1.6 percent by Friday afternoon, climbing back above where it stood before chaos descended on financial markets…
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty-two days of losses. More than $6.5 trillion wiped from the value of public companies. For financial markets, the 7 percent drop in the S&P 500 is the worst start to a presidential term since Gerald R. Ford took over from…
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies have been trying to win him over. Leaders of Nvidia, Facebook, Taiwan Semiconductor Manufacturing Company and Alphabet have visited his newly purchased $25 million property in Washington — a 16,250-square-foot mansion that Mr. Lutnick, a…
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about these things and not fully understand what’s going on or how it may affect their family’s finances. But if the children have questions, parents should be ready to talk, experts say. “Parents are the biggest influence on…
Markets rose on Friday, setting the stage for their fourth straight positive day, as investors continued to look for signs of easing trade tensions. The optimism was fueled, in part, on reports that China was looking into exempting some American goods from its 125 percent tariff. At the same time, the Chinese government said it…
Stock markets stalled on Thursday, after officials in China said they were not holding talks with the United States about easing trade tensions between the superpowers. That paused a two-day rally, as indexes continued to swing on comments and scraps of information about tariffs in the absence of concrete developments about the escalating global trade…
Seen and heard, tariff edition “We have three airplanes that we had in China ready for delivery. I think we’ve got two of those already back and we’re bringing the third airplane back. They have in fact stopped taking delivery of aircraft due to the tariff environment.” — Kelly Ortberg, the C.E.O. of Boeing, on…
Markets slipped on Thursday, reversing some of the gains from a heady two-day rally, after officials in China said they were not holding talks with the United States about easing trade tensions between the superpowers. Stocks in Asia were mixed, while benchmarks in Europe turned mostly lower in early trading. Futures for the S&P 500…
For a president who advertises himself as a paramount deal maker, the next 11 weeks will be a pivotal test, as his advisers race to accomplish what no other administration has done before and reach dozens of individual trade deals with other governments. President Trump has promised big gains for American trade, and officials from…