
Jordan Schultz
Articles
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1 month ago |
money.usnews.com | Jeff Reeves |Jordan Schultz
In less than three months, the U.S. stock market went from a decidedly bullish outlook to fears of a bear market and recession in 2025. The S&P 500 is down about 5% since Jan. 1, and it has given up all of its post-Election Day gains to plumb its lowest levels since September. Only time will tell if this recent contraction for domestic markets turns into a prolonged downturn for U.S. stocks.
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1 month ago |
money.usnews.com | Wayne Duggan |Jordan Schultz
One of President Donald Trump's first actions in his second term was to put controversial Tesla Inc. (ticker: TSLA) CEO Elon Musk in charge of the new Department of Government Efficiency (DOGE). DOGE has been tasked with implementing aggressive federal spending cuts across several government agencies. Related: Sign up for stock news with our Invested newsletter.
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2 months ago |
money.usnews.com | Wayne Duggan |Jordan Schultz
Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models – but is potentially much cheaper to build and much more efficient. The S&P 500 has rallied more than 20% in back-to-back years, and one of the driving forces of that rally has been surging AI stocks. However, AI chipmaker Nvidia Inc.
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