Fired federal workers hunt for new jobs but struggle to replace their old ones
- February 24, 2025
- 52°
Stock Market
U.S. stock indexes are drifting following their sharp losses from last week. The S&P 500 slipped 0.1% Monday after flipping between small gains and losses through the day. The Dow Jones Industrial Average added 146 points, and the Nasdaq composite dropped 0.7%. Berkshire Hathaway climbed after Warren Buffett’s company reported a jump in operating profits for the latest quarter, but it also hinted that it's not seeing many stocks priced well enough to buy. This upcoming week will feature a profit report from Nvidia, one of Wall Street’s most influential stocks, as well as updates on consumer confidence and inflation.
The stock market is the top place to invest for the long term, say Americans in Bankrate’s 2025 Long-Term Investment Survey. In all, 27% of Americans said they prefer the stock market as the way to invest money that they didn’t need for a decade or more. This figure is in line with the 26% w…
Warren Buffett is celebrating the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate. Buffett opened his annual letter to shareholders Saturday by acknowledging that he has occasionally made mistakes over the years without offering many specific examples. But he assured shareholders that the man he has chosen to one day succeed him as CEO, Greg Abel, isn’t one of them. Buffett also offered some subtle advice for President Donald Trump by urging Uncle Sam to be responsible with the $26.8 billion in income taxes Berkshire paid last year and take care of the many who get a short straw in life.
Feb. 22—For anyone nearing retirement, one question looms large:
Feb. 22—For anyone nearing retirement, one question looms large:
U.S. stocks fell sharply after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the economy. The S&P 500 sank 1.7% Friday for its worst day in two months. The Dow Jones Industrial Average dropped 1.7%, and the Nasdaq composite tumbled 2.2%. One report suggested U.S. business activity is close to stalling, with optimism slumping because of worries about tariffs and other potential policies from Washington. Reports on consumer sentiment and home sales also came in weaker than expected. Akamai Technologies weighed on the market after giving financial forecasts that fell short of expectations. Treasury yields fell.
U.S. stocks fell sharply after reports showed that worries about President Donald Trump’s policies may be hitting the economy. The S&P 500 sank 1.7% Friday for its worst day in two months. The Dow Jones Industrial Average dropped 1.7%, and the Nasdaq composite tumbled 2.2%. One report suggested U.S. business activity is close to stalling, with optimism slumping because of worries about tariffs and other potential policies from Washington. Reports on consumer sentiment and home sales also came in weaker than expected.
Could Trump really return DOGE savings to taxpayers?
Could Trump really return DOGE savings to taxpayers?
Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes. The S&P 500 fell 0.4% Thursday after setting all-time highs in each of the last two days. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite slipped 0.5%. Walmart gave a forecast for upcoming profit that fell short of analysts' expectations, which helped pull down stocks across the retail industry. Treasury yields eased a bit in the bond market following a couple weaker-than-expected reports on the U.S. economy. Stock indexes fell across much of Europe and Asia.
Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes. The S&P 500 fell 0.4% Thursday after setting all-time highs in each of the last two days. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite slipped 0.5%. Walmart gave a forecast for upcoming profit that fell short of analysts’ expectations, which helped pull down stocks across the retail industry. Treasury yields eased a bit in the bond market following a couple weaker-than-expected reports on the U.S. economy. Stock indexes fell across much of Europe and Asia.
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