Trump’s Vow to Cut US Drug Prices Drags Pharma Stocks Lower

May 12, 2025 | Markets

President Donald Trump said he plans to order a cut in US prescription drug costs to bring them in line with other countries, spurring a drop in pharmaceutical shares worldwide. Trump said drug prices will be cut by “59%, PLUS!” in a social media post on Monday. Over...

For Exhausted Stock Market Pros the Choice Is Buy or Stay Home

May 10, 2025 | Markets

The stock market’s stunning rebound over the last month has largely been driven by Main Street investors buying the dip in everything in sight while professional money managers ditched US stocks, spooked by mounting fears of slowing economic growth and trade war...

China’s Consumer Deflation Extends as Tariffs Take Toll

May 9, 2025 | Markets

China’s consumer deflation extended for a third month in April as punitive tariffs imposed by the US add to a drag on prices from weak domestic demand. The consumer price index fell 0.1% from a year earlier, the National Bureau of Statistics said Saturday, similar to...

This Key Stock Market Indicator Is Flashing Red

May 9, 2025 | Markets

A stock-market indicator has entered a phase historically associated with the worst return prospects for the S&P 500 Index. The Equity Market Regime Model, a Bloomberg Intelligence tool that tracks the benchmark stock gauge and clusters periods into three...