Wall Street, Trump and TACO trade
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White House officials maintain bankers’ concerns are overstated and discount expected revenues from the president’s tariffs.
Wall Street closed its best month since 2023 with a quiet day of trading. The S&P 500 was essentially flat and edged down by less than 0.1% as it finished a winning week and its first winning month in the last four.
US stocks closed out a wild month with a whimper as tariff jitters returned to Wall Street. Stocks bounced around in a choppy trading session on Friday after President Donald Trump said China has “totally violated” its trade agreement with the United States — without specifying details — sending another jolt of uncertainty through markets.
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18hon MSN
Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.
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Wall Street analysts are cautioning that a tax targeting foreign investors in the U.S. budget bill progressing through Congress could end up weighing on demand for U.S. Treasuries and the dollar.
Developers are seeking a construction loan of about $850 million to convert Manhattan’s 111 Wall St. into more than 1,500 apartments in what would be one of the largest office-to-residential projects in the city’s history.
"One thing is to talk about money, and another is managing it," says Nouriel Roubini.
Tragedy plus time is the formula for comedy, but on Wall Street it equals opportunity. Wait a while and even the costliest failures will be resurrected. Look no further than the phenomenon of cash-stuffed shells designed to find takeover targets,