S&P 500 scores best May since 1990, but stocks end month with fresh tariff worries

U.S. stocks roared back in May as global trade tensions eased, but tariff-related developments around the month’s end suggest a smooth climb from here may be challenging.
Dick’s Sporting Goods (DKS) earnings Q1 2025

A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings […]
High school sports on PBS are at risk with Trump federal funding cuts

Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024. Courtesy: Iowa PBS High school sports games and related coverage have become some of the most popular local programs on PBS stations across the U.S., especially in states without professional sports. PBS stations in states like South Dakota, […]
Trump doubles steel tariffs to 50%, touts U.S. Steel-Nippon deal still short on details

The president said he is doubling duties on steel imports while talking up U.S. Steel’s deal with the Japanese company.
Jeep reveals new Cherokee SUV, confirms hybrid model

2025 Jeep Cherokee SUV Stellantis DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify […]
‘You are going to panic,’ Jamie Dimon tells regulators about what will happen when the bond market cracks

The bond market is on edge, but less so this week after smooth Treasury auctions and talk of a key banking reform this summer.
This is why Jamie Dimon is always so gloomy on the economy

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]
Trump’s trade playbook may be rewritten by the courts, but the era of low U.S. tariffs is over

Is Trump’s trade strategy in limbo? Yes, but ‘Tariff Man’ has options.
Summer rentals in the Hamptons are down 30%

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]
United Airlines, American Airlines are increasing business-class seats

American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature […]