Joe Ciolli

4 days ago | businessinsider.com | Joe Ciolli |Max Adams |Henry Blodget

Boris Roessler/picture alliance via Getty Images 2025-06-02T16:43:02Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Shares of Applied Digital surged as much as 54% on Monday.

4 days ago | businessinsider.com | Joe Ciolli |Max Adams |Henry Blodget

A corner of the ultra-safe US Treasury market is losing its shine amid concerns about America's long-term fiscal health. It's an increasingly worrisome situation given the importance of Treasurys as a component of long-term portfolios for millions of Americans, as well as their role as an investment safe haven during times of turbulence. The market for US bonds with the longest maturities has seen a pronounced slowdown in the last few weeks.

1 week ago | businessinsider.com | Joe Ciolli |Max Adams |Henry Blodget

Bank of America said on Friday that a policy trifecta of lower taxes, lower tariffs, and lower interest rates could fuel a new speculative bubble in markets. The prediction comes as Donald Trump's "big beautiful bill," which would lower taxes among other fiscal measures, sits with the Senate after passing the House of Representatives last week. Meanwhile, Trump continues to pursue trade deals and has ramped up calls for the Fed to lower interest rates.

2 weeks ago | businessinsider.com | Joe Ciolli |Max Adams |Henry Blodget

US stocks fell ahead of the Memorial Day holiday, with investors reacting to the latest trade war rhetoric from President Donald Trump. Here's where major indexes stood at 10:10 a.m. in New York on Friday:Trump said on Friday that Apple would be subject to a 25% tariff if it did not make iPhones in the US, and "not in India, or anyplace else."Meanwhile, the president said in a separate post that he would recommend a 50% tariff on the European Union starting on June 1.

2 weeks ago | businessinsider.com | Joe Ciolli |Max Adams |Henry Blodget

The CEO of America's largest bank says he's preparing for a full range of economic scenarios, including one that economists think is an outcome worse than a recession. Jamie Dimon told Bloomberg on Thursday that he sees stagflation — a dire combination of high inflation and low growth — as still on the table for the US economy. "I think there's a chance you'll have stagflation," Dimon said, adding that he's not predicting such a scenario necessarily but that he wants to be prepared.