The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap chargeTag: U.S. economy
Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higherStephen Schwarzman Backs Donald Trump In 2024 Presidential Race
Stephen Schwarzman has stated he will be backing former President Donald Trump during the 2024 presidential race.
Read More Stephen Schwarzman Backs Donald Trump In 2024 Presidential RaceApril Jobs Report Shows Native-Born American Workers Are ‘Left Behind.’
The jobs report in the month of April showed multiple concerning trends for the long-term health of the U.S. economy, according to experts.
Read More April Jobs Report Shows Native-Born American Workers Are ‘Left Behind.’Biden Calls Japan And India ‘Xenophobic’: ‘They Don’t Want Immigrants’
While attempting to draw comparisons between four countries and the United States on immigration, President Joe Biden labeled India and Japan, in addition to China and Russia, as “xenophobic” nations that do not welcome immigrants.
Read More Biden Calls Japan And India ‘Xenophobic’: ‘They Don’t Want Immigrants’Report: Inflation Increased Again In March As Consumer Spending Rose
According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase.
Read More Report: Inflation Increased Again In March As Consumer Spending Rose