Category: Stock News
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Treasury Secretary Bessent backs rate cuts but says he understands if the Fed wants to wait
Treasury Secretary Scott Bessent on Tuesday expressed confidence that inflation will moderate through the year, giving the Federal Reserve room to cut interest rates. Bessent added, though, that he understands if central bank policymakers take a cautious approach until impacts from the Iran war become clearer. “I am highly confident that the core inflation ……
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Cathie Wood Buys the Netflix Dip: Should You?
Key Points Ark Invest’s Cathie Wood added to her Netflix position on Friday, her first day of buying last week. Netflix stock slid on Friday after announcing disappointing guidance and the departure of founder and board chairman Reed Hastings in two months. It wasn’t a pretty report, but Netflix is still well-positioned to thrive in…
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Hogs Face Weakness on Friday
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. USDA’s national base hog price was reported at $90.28 on Friday afternoon, up 12 cents from the day prior. The CME Lean Hog Index was up 6 cents on April 15 at $90.66. Managed money slashed…
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2 Canadian Lumber Stocks to Watch Right Now
When it comes to long-term investing, some of the most reliable opportunities come from industries related to real-world demand, and lumber is one such sector. Whether it’s housing, infrastructure, or industrial development, wood products remain essential across multiple parts of the economy. As construction activity continues across North America, companies operating in this space could…
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Global recession inevitable if Strait of Hormuz stays shut
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026. Aaron Schwartz | Bloomberg | Getty Images Citadel CEO Ken Griffin said Tuesday that the global economy is headed toward…
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US Bancorp Bottom Line Rises In Q1
(RTTNews) – US Bancorp (USB) revealed a profit for its first quarter that Increased, from the same period last year The company’s earnings came in at $1.84 billion, or $1.18 per share. This compares with $1.60 billion, or $1.03 per share, last year. The company’s revenue for the period rose 4.7% to $7.28 billion from…
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Stocks Rally on a Push for Diplomacy to End US-Iran War
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.81%. June E-mini S&P futures (ESM26) rose +1.18%, and June E-mini Nasdaq futures (NQM26) rose +1.76%. Stock indexes rallied sharply on Tuesday, with the S&P 500 posting a 2-month…
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The 2 Stocks I’d Combine for a Strong TFSA Strategy in 2026
Developing a solid TFSA strategy doesn’t require dozens of stocks or complex allocations. All it needs is a simple, focused approach that can provide the long-term income that most investors want. The easiest way to accomplish that goal is to select two reliable Canadian dividend stocks to form the foundation of that TFSA strategy. And…
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Here’s How McDonald’s Actually Makes Money
Key Points McDonald’s makes its money primarily from franchise fees, rent, and royalties. That drives a high ROIC and increases profit margins as McDonald’s opens more restaurants. Investors can expect more excellence from McDonald’s in the future. 10 stocks we like better than McDonald’s › McDonald’s Corporation (NYSE: MCD) is a quintessential representation of American…
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Hogs Close Mostly Lower on Friday
Lean hog futures posted losses of 37 to 60 cent losses in most contracts on Friday, as April was an exception, up a nickel. June was down 75 cents on the week. USDA’s national base hog price was reported at $89.36 on Friday afternoon, down 56 cents from the day prior. The CME Lean Hog Index…
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