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Author: Daniel snow
Consumers cut spending on cars and other goods when tariffs kicked in. What will they do next?
[ad_1] Consumer spending falls in May for first time in four months [ad_2] Source link
[ad_1] Shortly after the opening bell, we will be selling 200 shares of Disney at roughly $121.90. Following the trade, Jim Cramer’s Charitable Trust will own 900 shares of DIS, decreasing its weighting to about 3% from 3.75%. We’re scaling back our large Disney position following the stock’s strong rebound above $120 a share and its outperformance this year. Shares are up about 9% in 2025, roughly doubling the S & P 500’s return of about 4.5%. The gains haven’t been easy here. CEO Bob Iger’s turnaround plan required a lot of patience, and he’s done a great job restoring…
[ad_1] UAE fund buys $100 million of Trump's World Liberty tokens [ad_2] Source link
[ad_1] My top 10 things to watch Friday, June 27 1. Has Nike reached the bottom? Last night’s earnings report was the most bullish CEO Elliott Hill has been since taking over in October. Inventories are winding down, so now they can play offense. Shares jumped more than 10% this morning. 2. The S & P 500 is on track to open in the range of a new intraday all-time high. A few trade headlines are helping sentiment, including Commerce Secretary Howard Lutnick saying the U.S.-China deal framework reached last month in Geneva has been finalized. Meanwhile, the Fed’s preferred…
Inflatio not showing much sign of tariff-tied increase, but Fed still not aiming to cut rates soon
[ad_1] The latest PCE report probably cements the status quo. Investors expect the Fed to wait until September to cut interest rates for the first time this year. [ad_2] Source link
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
[ad_1] The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus. [ad_2] Source link
The U.S. and China just struck a deal on rare earths. This is why it’s easing trade tensions.
[ad_1] President Donald Trump said Thursday that a deal had been signed “yesterday” with China, but offered no details. [ad_2] Source link
McDonald’s and Krispy Kreme Seemed Like the Sweetest Pair. Why Their Breakup Surprises No One
[ad_1] The two partners just couldn’t figure out how to make it work. [ad_2] Source link
The S&P 500 is on the cusp of the seventh great breakout since the 1990s: BofA’s Hartnett
[ad_1] Risks for stocks seem to be fading as markets focus on rate cuts and tax cuts. [ad_2] Source link
[ad_1] Boundaries aren’t a sign of weakness, but isolation is a fast-track to burnout. Gen-Z knows this. [ad_2] Source link