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‘PRETTY NERVOUS': Fed official explains the warning flags for inflation
Youtube· 2025-09-30 22:30
Fox Business Alert. Your home renovations just got more expensive. President Trump issuing a new set of tariffs last night.A 10% levy on imported softwood lumber and then lumber and a 25% duty on kitchen cabinets, bathroom vanities, and upholstered furniture manufactured outside the United States. To be paid, by the way, these tariffs by US companies importing these products. These tariffs are set to take effect 12:01 a.m. Eastern on October 14th. Now, let's look at some of the stocks.Maybe 6 months ago, th ...
Gold's record run is minting winners beyond bullion, like an IPO that just popped 66%
Markets Insider· 2025-09-30 06:01
Gold isn't just shattering records in the commodities market — it's minting them in equities, too. Spot gold smashed through a new record above $3,800 an ounce on Tuesday, capping a relentless rally that has sent gold up 47% so far this year.The latest gains have been fueled by fears of a US government shutdown and expectations of Federal Reserve interest rate cuts. That backdrop set the stage for a blockbuster Tuesday debut by Zijin Gold International in Hong Kong. The company is the overseas arm of Ziji ...
I'm not too worried about the impact of a shutdown, says Jim Cramer
Youtube· 2025-09-30 00:29
How worried should we be about a potential government shutdown once we blow through the deadline tomorrow at midnight. Democrats in the Senate, they're filibustering the Republican bud budget bill. They want to extend the health insurance subsidies and the Affordable Care Act, reverse some of the president's recent Medicaid cuts.So far, it sounds like that both sides are pretty intransigent. And if you look at the predictions market, they're currently assigning a roughly 75% odds of a shutdown by Wednesday. ...
Endeavour (EXK) Climbs 15.4% to Hit New High on Fresh Silver Peak
Yahoo Finance· 2025-09-29 22:56
We recently published 10 Big Names With Explosive Gains That Investors Can’t Ignore. Endeavour Silver Corp. (NYSE:EXK) is one of the companies that soared by double- and triple-digits last week. Endeavour Silver jumped by 15.38 percent week-on-week to hit a new all-time high as investor funds shifted to mining companies following the metal’s rally to a fresh 14-year record. During the week, Endeavour Silver Corp. (NYSE:EXK) touched its highest 52-week price of $8.21 before trimming gains to end Friday’s ...
Sibanye Stillwater (SBSW) Gets 17% Boost on Higher Platinum, Gold Prices
Yahoo Finance· 2025-09-29 22:43
We recently published 10 Big Names With Explosive Gains That Investors Can’t Ignore. Sibanye Stillwater Limited (NYSE:SBSW) is one of the companies that soared by double- and triple-digits last week. Sibanye saw its share prices surge by 16.98 percent week-on-week to hit a fresh record high as investors loaded portfolios amid higher prices of platinum and gold. On Friday alone, Sibanye Stillwater Limited (NYSE:SBSW) climbed to a 52-week high of $11.25 before trimming gains to end the day just up by 4.69 ...
Stock market today: Dow, S&P 500, Nasdaq nudge higher as Wall Street grapples with shutdown risk
Yahoo Finance· 2025-09-29 20:03
US stocks edged higher on Monday as investors eyed a looming US government shutdown that risks delaying the release of the all-important monthly jobs report later in the week. The S&P 500 (^GSPC) gained 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) rose 0.5%, with the two gauges building on Friday's rebound. Meanwhile, the Dow Jones Industrial Average (^DJI) rose almost 0.2%. Markets are assessing the odds of a US government shutdown on Wednesday this week, as a standoff between Republicans and De ...
Jim Cramer Shared His Recent Takes on These 15 Stocks
Insider Monkey· 2025-09-29 18:59
Economic Indicators - The upcoming non-farm payroll report is highlighted as a critical economic indicator, overshadowing other data releases such as car sales and jobless claims [2] - If the payroll data shows rapid wage growth, the Federal Reserve may delay interest rate cuts, indicating a cautious approach to inflation management [2][3] - Federal Reserve Chair Jerome Powell is navigating a mixed economic landscape, with signs of slowdown in some sectors and growth in data center construction [2] Company Insights - Costco Wholesale Corporation (NASDAQ:COST) is noted for its strong long-term performance, delivering an annualized return of nearly 19% over the past 20 years, significantly outperforming the S&P 500 [7] - Despite a recent drop in stock price due to lower-than-expected membership growth, Costco's fundamentals remain strong, with increased membership fees and a younger demographic joining [7][8] - ONEOK, Inc. (NYSE:OKE) is recognized for its strong position in the natural gas sector, with a focus on providing services to the Gulf Coast, and is considered a buy due to its potential upside despite a recent decline in stock price [9]
Why an adviser to Treasury Secretary Bessent expects rates to 'come down significantly'
Youtube· 2025-09-29 17:41
makes sense of this economy. Like I just mentioned in the intro, you had GDP uh I think surprise a lot of folks out there almost uh rise 4%. You got a labor market uh not uh breaking 100,000 non-farm payroll increases anymore.How do you see things uh as we stand here right now. >> President Trump and Secretary Bess and Brian are certainly not surprised by the very strong year 4% growth in the second quarter, which was the president's first full quarter in office. The key thing about the labor market is we k ...
Electronic Arts to go private in record $55 billion buyout, the largest in private equity history
Fortune· 2025-09-29 14:37
U.S. stocks are rising and clawing back some of their losses from late last week. The S&P 500 added 0.4% in early trading Monday, coming off its first losing week in the last four. The Dow Jones Industrial Average edged up 29 points, or 0.1%, and the Nasdaq composite was up 0.6%. All three are near their all-time highs set a week ago. Electronic Arts climbed after the video-game maker confirmed rumors it would be taken private in what could become the largest-ever buyout funded by private-equity firms. A ke ...
Nasdaq, Dow, and S&P 500 are all up as threat of government shutowon looms
Fastcompany· 2025-09-29 13:51
LOGIN Premium Tech Design News Leadership Work Life Games Podcasts Video INNOVATION FESTIVAL IBM Texas A&M University Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy SUBSCRIBE | FastCo Works advertisement BYÂ Associated Press Listen to this ArticleMore info 0:00 / 0:00 Wall Street pushed higher early Monday despite growing anxiety over a possible U.S. government shutdown later this week.Futures for the S&P 500 rose 0.5% before the bell, while futur ...