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Dow jumps 384 points as jobs data lifts Wall Street; S&P 500 eyes longest winning streak since 2004

May 2, 2025

US stocks surged on Friday after a stronger-than-expected April jobs report eased recession concerns and bolstered confidence in the economy. The Dow…

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Politics

Trump’s energy chief to unleash Gulf drilling with major rule change

May 2, 2025
Interior Secretary Doug Burgum on Friday will update a Biden-era federal rule regarding energy development as a major cost-saving measure to private…
Politics

Buttigieg ‘got nothing done,’ Duffy declares: ‘Pete appears unburdened by no longer being a cabinet secretary’

May 2, 2025
Transportation Sec. Sean Duffy suggested that the department has accomplished more during the first 100 days of President Donald Trump’s second term…
Economy

JEPI vs JEPQ: Which is a better covered call ETF to buy?

May 2, 2025
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and the JPMorgan Equity Premium Income ETF (JEPI) have accumulated assets because of their…
Economy

S&P 500 Index: Time to sell the SPY ETF in May and go away?

May 2, 2025
The S&P 500 index and its ETFs like SPY and VOO have bounced back in the past few weeks as investors buy…
Investing

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

May 1, 2025
Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most…
Investing

Trump-Bezos call sets stage for tense earnings report from Amazon

May 1, 2025
President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a…
Stock

Tesla shares trade flat as company denies Musk replacement reports

May 1, 2025
Shares of Tesla were flat in early trading Thursday after the electric vehicle maker denied a Wall Street Journal report claiming its…
Stock

US construction spending slips in March, manufacturing slump deepens in April amid tariff headwinds

May 1, 2025
US construction spending unexpectedly declined in March, and the country’s manufacturing sector continued its downward slide in April, as rising tariffs and…
Politics

SCOOP: 38 GOP lawmakers say not repealing Biden’s green agenda in Trump tax bill is ‘hypocrisy’

May 1, 2025
The House GOP’s standoff over the former Biden administration’s green energy subsides is colliding with Republicans’ plans for a massive bill advancing…
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