Stock market erases early 2025 losses The stock market bounced back after losses in early April following the announcement of widespread tariffs. FOX 9’s Babs Santos has the full story. MINNEAPOLIS (FOX 9) – President Trump’s tariffs and trade war shocked people planning for retirement, as many 401k(s) plummeted in only a matter of…

  After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to “get the negativity out”…

00:00 Speaker A For the buybacks, of course, earnings are important. And, uh, uh, you know, a feel, view, take that corporates are not going back into the bunker because that’s the first thing that would get cut. Now, if you look at Q1 earnings, in Q1’s, uh, uh, uh, is when buyback announcements tend…

00:00 Speaker A US stocks pause their recent rally as investors digest softer than expected inflation and assess US China trade talks. Yahoo finance’s Josh Schafer joins us now with the trading day takeaways. Josh. 00:14 Josh Schafer Hey Josh. So it wasn’t the most exciting trading day by the time we got to the…

The Centurion Foundation, the Georgia nonprofit attempting to acquire two cash-strapped Rhode Island hospitals, is doubling down on its attempt to sell the bonds needed to finance the deal, although the outlook remains uncertain. Initial plans called for closing the $160 million bond sale in late May. Because not enough bonds have been sold —…

  President Trump’s Truth Social posts aren’t moving markets like they used to. At 8:04 a.m. ET Wednesday morning, the President posted on his social media platform, “OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME.” A post like that would’ve moved markets a month ago as stocks were…

00:00 Julie Hyman US Treasury Secretary Scott Bessin on Capitol Hill today, testifying before lawmakers. Our Jennifer Schonberger has more on that. Hi, Jen. 00:11 Jennifer Schonberger Hey, Julie. In a hearing before the House Ways and Means Committee verging on nearly five hours, Treasury Secretary Scott Bessin defended the administration’s tax and trade policies,…

(Reuters) -Prime Minister Mark Carney on Wednesday said he was appointing Michael Sabia, a veteran financial expert who heads power-generating utility Hydro-Quebec, to run the Canadian federal bureaucracy.Sabia has been at Hydro-Quebec since 2023, when he left his post as the top bureaucrat at the federal finance ministry. He also served as the head of…