Finance

“It makes me feel really good to hear Trump say farmers are important to this country,” he said. “That’s what makes me want to stick with the president.” And while he hopes the trade fight is settled soon, he doesn’t think trade is the “silver bullet” that is going to solve farmers’ problems. When heavy […]

U.S. stocks tumbled on Wall Street Friday after the U.S. announced plans to expand its trade war to Mexico. Interested in Stock Market? Add Stock Market as an interest to stay up to date on the latest Stock Market news, video, and analysis from ABC News. The slump all but guarantees that May will be

Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. Sales have

The summer after high school graduation inevitably includes monthslong encounters with various to-do lists. Extra-long-sheet purchases and milk crates for future collegians. A résumé for job seekers. Thank-you notes for all. But let me suggest one more itemized offering: a list of financial tasks. If you want to set your child up properly for college,

An unexpected escalation in the trade war between the U.S. and China jolted investors into a defensive position in May. Safe-play sectors including utilities and consumer staples held up better than others and bonds gained ground this month as investors shifted their money into traditionally less risky holdings. Technology and other cyclical stocks pulled back

Asian shares were mixed Friday as trade worries continued after U.S. President Donald Trump announced additional tariffs on imports from Mexico. Japan’s benchmark Nikkei 225 dipped 1.6% to finish at 20,601.19, while Australia’s S&P/ASX 200 inched up nearly 0.1% to 6,396.90. South Korea’s Kospi gained 0.2% to 2,043.25. Hong Kong’s Hang Seng slipped 0.5% to

The scent of a possible recession is wafting through the bond market again. Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It’s called an “inverted yield curve,” and it happens when yields for short-term

FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping. The company is also taking back nearly 2 million daily deliveries to homes that are currently handled by the post office in a move it says will increase the efficiency

Gap Inc. reported fiscal first-quarter results on Thursday that fell well short of analysts’ expectations, sending the company’s stock tumbling more than 10% in after-market trading. The downbeat performance comes three months after the retailer said it was creating two independent publicly traded companies — low-priced juggernaut Old Navy and a yet-to-be named company that

Uber’s shares, which have fallen from their $45 offering price, rose in after-hours trading on Thursday. Kathleen Smith, a principal at Renaissance Capital, which manages exchange-traded funds focused on I.P.O.s., said Wall Street had expected the losses and slowing growth because Uber had indicated them in its I.P.O. paperwork. “If Uber does nothing worse than