Terry Lane

3 weeks ago | investopedia.com | Terry Lane

U.S. stock futures are pointing higher as investors monitor the feud between President Donald Trump and Tesla ( TSLA) CEO Elon Musk and ready for today's job report, which is expected to show job creation slowed in May; Broadcom ( AVGO) shares are dipping in premarket trading after its quarterly results were in line with analysts' expectations; and Lululemon ( LULU) shares are plummeting after the athleisure retailer trimmed its profit outlook and warned it may raise prices due to tariffs.

3 weeks ago | investopedia.com | Terry Lane

Key TakeawaysGovernment spending cuts and economic uncertainty are helping push employers to lay off workers at the fastest pace since the pandemic. U.S.-based employers have announced 696,309 job cuts so far this year, according to the monthly report from business and executive coaching firm Challenger, Gray & Christmas. It's the highest level of job cuts since pandemic-driven layoffs left more than 1.4 million people out of work during the first five months of 2020.

3 weeks ago | investopedia.com | Terry Lane

Key TakeawaysA dizzying drop in April imports along with growing levels of U.S. exports could lead to a big recovery in the U.S. economy. The U.S. trade deficit plunged in April as U.S. imports exceeded exports by $61.6 billion. That's down from the $138.3 billion revised trade deficit in March, the highest ever recorded as importers rushed to bring in goods ahead of President Donald Trump's tariffs.

3 weeks ago | investopedia.com | Terry Lane

U.S. stock futures are little changed; Tesla ( TSLA) CEO Elon Musk rails against President Donald Trump's "Big Beautiful" budget bill again; Boeing ( BA) agrees to pay $1.1 billion to avoid DOJ prosecution over 737 MAX crashes; Procter & Gamble ( PG) says it will cut 7,000 non-manufacturing jobs, representing 15% of its workforce; and USDC stablecoin issuer Circle Internet Group prices its upsized IPO above its expected range. Here's what investors need to know today. 1.

3 weeks ago | investopedia.com | Terry Lane

U.S. stock futures are edging higher as investors digest remarks by President Donald Trump on difficulties negotiating with Chinese President Xi Jinping; CrowdStrike ( CRWD) shares are diving after the cybersecurity firm's revenue outlook came in below expectations; Hewlett Packard Enterprise ( HPE) stock is surging after the company reported better-than-expected results; and Dollar Tree ( DLTR) shares are slipping after the discount retailer warned that tariffs could undercut its...