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Stocks rise Thursday after strong corporate earnings reports

Stocks closed higher on Thursday, thanks to a host of positive corporate earnings reports and better-than-expected economic data. Both the the S&P 500 and the Nasdaq closed at record highs, gaining 0.54% and 0.74%, respectively. The Dow Jones Industrial Average also rose 0.52%. Some of the biggest winners of the day include PepsiCo and United Airlines, which both posted … Read more

Fed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell amid the president badgering the central bank for lower interest rates. The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed. “At the President’s invitation, Chair Powell met with the President today … Read more

X continues to suffer bugs following Thursday outage

For over 24 hours, many X users, including this reporter, have been experiencing issues with the site’s basic functionality. Some messages won’t load, timelines won’t update, and certain posts can’t be seen without a webpage refresh (or several). The trouble started Thursday afternoon, according to Downdetector, a crowdsourced platform for flagging web outages. Beginning at … Read more

EU to unveil next steps in U.S. tariff countermeasures on Thursday

Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing digital economic cooperation between the European Union and Singapore. Roslan Rahman | Afp | Getty Images The European Union’s executive … Read more

Tech-heavy Nasdaq sinks 4.3% Thursday after Trump imposes 145% tariffs on Chinese imports

Stocks resumed their decline Thursday, conceding ground made up on Wednesday after President Donald Trump announced a 90-day pause on some of the “Liberation Day” tariffs.  S&P 500 slipped 3.46%, closing at 5,268.05, while the Dow Jones Industrial Average sold off 2.5% and closed at 39.593.66. The tech-heavy Nasdaq fell 4.31% settling at 16,387.31.  Tech … Read more

Trump’s tariff market ‘bloodbath’ has rattled Wall Street. Here are the 5 worst market crashes since ‘Black Thursday’ 1929

Monday’s stock market collapses in Asia and Europe after China retaliated to steep US tariffs revived memories of similar market turmoil after the Covid pandemic and the last global financial crisis. Analysts called the falls “historic” and some even described it as a “bloodbath”, recalling previous collapses since the start of the last century. 2020: … Read more

Accenture (ACN) to report Q2 2025 results Thursday. Here’s what to expect

Accenture plc, (NYSE: ACN) is preparing to publish its second-quarter results this week, amid expectations for a year-over-year increase in revenue and profit. The professional services company had a strong start to fiscal 2025, delivering broad-based growth across all markets and industry groups. Currently, its focus is on offering services to meet the widespread customer … Read more

Trump reciprocal tariffs could come by Thursday, White House says

U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025.  Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I … Read more

Sugar Bowl postponed until Thursday after attack By Reuters

The Sugar Bowl between Georgia and Notre Dame has been postponed until Thursday following the deadly truck attack in New Orleans’ French Quarter early Wednesday morning, Sugar Bowl CEO Jeff Hundley announced Wednesday afternoon. “We have been in consultation with ESPN, with the College Football Playoff, with the Southeastern Conference, with the University of Georgia, … Read more

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