
Articles
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1 week ago |
sherwood.news | David Crowther
Buying from Britain is already more expensive, as the dollar has weakened nearly 10% against sterling since January. US stocks were higher in trading on Thursday (SPDR S&P 500 Trust) after President Trump announced a “major trade deal” with the United Kingdom, the first of many big handshake opportunities the US administration will be hoping to deliver in the coming months.
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1 week ago |
sherwood.news | Millie Giles |David Crowther
Looking ahead, American consumers have the “Sunday scaries” on steroids — but they actually aren’t feeling too bad about the present. The engine of the American economic machine isn’t exports, or imports, or even AI — it’s good old-fashioned consumption, with consumer spending responsible for nearly 70% of US GDP. Currently, there are a fair few signs that the US economy is doing okay.
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1 week ago |
sherwood.news | David Crowther |Millie Giles
As of one minute past midnight today, the de minimis exemption on small packages shipped to the US officially ended. While Corporate America has been obsessing over the effects of President Trump’s tariffs for months, many Americans might not have yet felt any direct impact of the more stringent trade policies of the new administration. After today that might change.
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2 weeks ago |
sherwood.news | David Crowther
It’s definitely not investors getting a jump start on “sell in May and go away.” Right? After weeks of good news being bad and bad news being good for the stock market, this morning appears to be one of those rare days when market participants of all levels of sophistication get to say the rarest of phrases: I know why the market is doing what it’s doing.
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2 weeks ago |
sherwood.news | Claire Yubin Oh |David Crowther
Brian Niccol has a tough gig on his hands, with Starbucks shares dropping sharply after a weak quarter. Starbucks is promising a four-minute wait time for customers to get their grande latte, but investors might have to wait longer for the coffee giant to deliver the results investors were hopinh for when Brian Niccol took the top job at Starbucks in September 2024.
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RT @chartrdaily: What's more American than apple pie? For Thanksgiving, America's favorite pie is actually pumpkin: https://t.co/mfucrelNpZ…

i don’t really know how to say this, but if you want to get rich, you should seriously consider just becoming a whistleblower for the SEC. https://t.co/JlfMllRb1r

this is such a clean chart

Get some sleep mate https://t.co/hOPa5Qd6pO https://t.co/fCkh73wzRI