News

Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray, and over the past six months, the industry has shed 10.7%. This drop was worse than the S&P 500’s 5.2% fall.

The S&P 500 is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.

Schwab said the forum, which convenes annual gatherings in the Swiss resort of Davos, must recover its "sense of mission" after a period of turmoil, the Financial Times first reported, citing a letter to trustee board members and confirmation by two people with knowledge of the situation. He did not give a timeline for his departure from the organisation, but the WEF said in a statement to the FT that the process should be completed by January 2027. Schwab will remain in this role until a successor is appointed, the WEF spokesperson told Reuters, without providing a timeline.

Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.

These tariffs – which can run as high as 50% -- are meant to punish countries for trade barriers that Trump says unfairly limit U.S. exports and cause it to run huge trade deficits. Even countries with which the U.S. enjoys trade surpluses – meaning it sells to them more than it buys, such as the United Kingdom and Argentina – are being targeted with a minimum tariff of 10%. And the highest tariffs are landing on two tiny territories that trade little with America — the African kingdom of Lesotho and the French possession of Saint Pierre and Miquelon off Canada's Atlantic coast.

Telegram poll links Trump’s tariffs to smoking surge as crypto traders cope with market meltdown through humor and haze.

Two discount retail shares managed to avoid the steeper dropoffs seen by some other big retailers in the wake of the Trump administration's latest tariffs.