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Wells Fargo gives its best tactical trades for the third quarter – CNBC

Wells Fargo’s equity research team has some ideas for investors as the new quarter begins. The firm’s list for the current quarter includes eight stocks with near-term drivers that could boost their stock prices. Wells Fargo also identified two stocks that could fall. Investors are questioning whether the strong first-half gains will continue into the […]

Trump Campaign Raises $331 Million in Year’s 2nd Quarter, Smashes Biden’s Haul

Loyal supporters of former President Donald Trump’s bid for the White House are speaking with their purse strings: The Trump campaign announced Tuesday that its fundraising in the second quarter of the year surpassed that of President Joe Biden, bringing in a reported $331 million. AP Report That figure far exceeds the $264 million raised […]

Trump tops Biden in second quarter fundraising haul

Former President Trump has surpassed President Biden’s campaign in fundraising for the second quarter of 2024, according to the Trump campaign, with just four months until Election Day. The campaign said in a statement that it raised $331 million in the three months of April, May and June, easily surpassing the Biden campaign’s total of […]

GDP slows in the first quarter as inflation concerns linger

GDP grew at an annualized rate of 1.4% in the first quarter of this year. (iStock) U.S. gross domestic product (GDP) grew at an annualized rate of 1.4% in the first quarter of 2024. Bureau of Economic Analysis data (BEA) found. The increase indicates that the economy is strong, but not growing at a significant […]

US household wealth hit another record in the first quarter, Fed data shows

“Kudlow” panelists Kevin Brady, Art Laffer and Sandra Smith discuss why “Bidenomics” isn’t being embraced by voters. U.S. household wealth hit a new record at the start of 2024 thanks to soaring home prices. Stock MarketAccording to a Federal Reserve report released on Friday. In its quarterly report on household and business balance sheets, the […]

Elon Musk Sold $7.5 Billion in Tesla Stock Before Disappointing Quarter Went Public

Tesla CEO Elon Musk is facing a lawsuit alleging he illegally sold $7.5 billion worth of Tesla stock in the fourth quarter of 2022, knowing it would disappoint investors after the company promised a “great end to the year.” luck Reports In a lawsuit filed last week in Delaware court, shareholder Michael Perry accused Musk […]

US Economic Growth Plunges in First Quarter 2024

The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal Consumption Core Price Index […]