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1 day ago | 
usatoday.com | Medora Lee
Social Security checks could increase by 2.4% next year based on Tuesday's consumer inflation report, according to estimates by an independent analyst. Overall consumer prices increased 2.3% from a year earlier, down from 2.4% rise the previous month and the smallest annual increase since February 2021, according to the Labor Department’s consumer price index, a measure of average changes in goods and services costs.
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1 day ago | 
usatoday.com | Medora Lee
U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens. April's annual consumer price index is expected to remain at 2.4% from March, according to the Dow Jones consensus. Core inflation, excluding the volatile food and energy sectors, is also expected to be unchanged at a 2.8% annual rate.
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1 day ago | 
usatoday.com | Medora Lee
If you’re parking cash in a money market fund while waiting for recent market volatility to subside, you might be paying dearly for that safe spot. Many money market funds still carry high expense ratios, which are management fees expressed in a percentage. The average money market fund fee is 0.38%, which is sharply higher than the 0.05% average fee on an index equity mutual fund, according to the Investment Company Institute (ICI).
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2 days ago | 
recordnet.com | Medora Lee
U.S. stocks opened sharply higher after the U.S. announced a trade deal with China. The U.S. and China put a 90-day pause on most of the tariffs the countries had imposed on one another. Effective from Wednesday, the U.S. will temporarily reduce tariffs on China to 30%, down from 145%, and China will reduce tariffs on U.S. goods to 10%, down from 125%.
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2 days ago | 
usatoday.com | Medora Lee
U.S. stock futures point to a higher open after the U.S. announced a trade deal with China. Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent told reporters Monday the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100 percentage points to 10%.
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2 days ago | 
freep.com | Medora Lee
U.S. stocks closed sharply higher, with the blue-chip Dow surging more than 1,000 points, after the U.S. announced a trade deal with China. The U.S. and China put a 90-day pause on most of the tariffs the countries had imposed on one another. Effective from Wednesday, the U.S. will temporarily reduce tariffs on China to 30%, down from 145%, and China will reduce tariffs on U.S. goods to 10%, down from 125%.
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4 days ago | 
finance.yahoo.com | Medora Lee
U.S. stocks closed nearly flat as investors turned cautious before weekend trade talks with China and booked some profits from the stock market's recent rally back to early April levels, avoiding taking any big new positions. President Donald Trump said on Friday in a social media post “80% Tariff on China seems right! Up to Scott B,” referring to Treasury Secretary Scott Bessent.
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5 days ago | 
usatoday.com | Medora Lee
U.S. stock futures point to a flat open after the market rallied on President Donald Trump's first trade deal. Trump announced a preliminary trade agreement with the UK that would keep in place a 10% baseline tariff on the UK. However, Britain agreed to lower its tariffs to 1.8% from 5.1% and provide greater access to U.S. goods. Trump also said he expects substantive negotiations between the U.S. and Beijing on the trade front this weekend and wouldn't be surprised if a deal was reached.
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6 days ago | 
ca.finance.yahoo.com | Medora Lee
U.S. stock futures point to a higher open after President Donald Trump said in a social media post he planned to announce a trade deal on Thursday. Trump said he would hold an Oval Office news conference to discuss “a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY.” Trump didn't name the country but reports say the deal is with the UK. The deal is expected to be framework of an agreement with tariff adjustments, according to the WSJ.
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6 days ago | 
usatoday.com | Medora Lee |Andrea Riquier
U.S. stocks opened higher after President Donald Trump said in a social media post he planned to announce a trade deal on Thursday. The S&P 500 added about 40 points, or 0.7%, to start trading near 5,671, while the Dow Jones Industrial Average was up 234 points, about 0.6%, to trade near 41,348. The Nasdaq jumped 190 points, nearly 1.1%, to trade near 17,928.
