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Tariffs are rolling into the Treasury, but there is another source of rising revenue that is proving to be just as important: the stock market. On returns for tax year 2024 filed through mid-July, taxpayers reported $530 billion in net capital gains, up 65% from the prior year, according to new Internal Revenue Service data. The full effect of that on collections isn’t clear yet because of varying tax rates and returns that are still arriving, but there are strong signs that equity-market gains are turning into rising federal revenue. Individual income-tax payments outside of paycheck withholding—a category that includes...

A 17-year-old handed just $100 to ChatGPT and let the AI run a stock portfolio for one month. The results stunned finance watchers, with gains far beyond major Wall Street benchmarks. =============================================================== In late June 2025, 17-year-old Nathan Smith from rural Oklahoma gave ChatGPT control over a $100 stock portfolio. Four weeks later, the results shocked many: a 23.8% gain—far above the Russell 2000 (+3.9%) and biotech ETF XBI (+3.5%) during the same period. Smith shared his experiment on Reddit, and it quickly spread across tech and finance communities, with coverage from Decrypt, Futurism, and others. Smith is quick to...

You can almost understand President Donald Trump’s decision to fire the head of the Bureau of Labor Statistics… and his insistence that the economy is far stronger than the employment numbers indicated. After all, the stock market is hitting all-time highs, and the American tech sector is absolutely crushing it. With Nvidia and the rest of the Mag 7 leading the way, the U.S. is spearheading the AI revolution and leaving the rest of the world behind. End of story… right? Well, that depends on which economy you’re talking about. It’s almost nonsensical to talk about “the economy,” because it’s...

Dow Jones Industrial Average Last Updated: Aug 15, 2025 at 11:44 a.m. EDT Currently: 44,954.83 Up 43.57 0.10% It opened at 45,203.52 (highest ever) early this morning before pulling back. Now floating around 44,986.74 Up 75.48 0.17% at 11:49 a.m. EDT Now at 45,013.68 Up 102.42 0.23% at t 11:51 a.m. EDT

Wholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy. The Bureau of Labor Statistics on Thursday released the producer price index (PPI) for the month of July, which showed an increase of 0.9% from the prior month and 3.3% from a year ago. Those PPI figures were much hotter than the forecast of prices rising 0.2% on a monthly basis and 2.5% from last year that was estimated by economists polled by LSEG. Core PPI, which excludes volatile components like food and energy, also rose 0.9% from last month...

At 9:45 AM PST - $578 On 07-APR-2025 - QQQ crashed to $402 - After the Democratic Party and the International Hard Left News Media did every thing they could think of to talk down the Donald Trump Economy. 176 points later...!

<p>A Qatar native held on charges of lying to the FBI in an investigation into the September 11 attacks was designated yesterday as an "enemy combatant" and could be tried before a military tribunal for helping al Qaeda operatives relocate in the United States. Ali Saleh Kahlah Al-Marri, 37, in Justice Department custody since late 2001, was given the new designation by President Bush and handed over to the Defense Department.</p>

Investors had plenty to parse Friday, including a disappointing July jobs report, President Trump's latest tariffs and earnings results from Amazon and Apple. The Dow fell a fifth straight day, booking its longest losing streak of the year.

Meta and Microsoft — two of America’s biggest companies — both delivered blockbuster earnings on Tuesday. The news helped to calm fears that President Donald Trump’s tariffs were hurting consumer and business spending. That boost to confidence in the broader US economy gave a lift to 401(K)s invested in major indexes like the Nasdaq and S&P 500. Meta and Microsoft are considered bellwethers for the US economy because they sit at the heart of key growth sectors — digital advertising, AI, cloud computing, and office software. Their strong performance often reflects broader consumer and business trends, from advertising spending to...

Tesla shares plunged as much as 10% in early trading Thursday after the company posted its steepest sales drop in more than a decade – and CEO Elon Musk warned the slump may not end anytime soon.The embattled electric carmaker reported that revenue from car sales fell 16% to $16.7 billion in the second quarter versus a year ago – its second straight quarter of declining sales. Tesla also missed Wall Street’s quarterly estimates for both earnings per share and overall revenue. “We probably could have a few rough quarters,” Musk admitted during the company’s earnings call on Wednesday.*** Tesla...

Dow Jones Industrial Average Watchlist Last Updated: Jul 23, 2025 at 2:54 p.m. EDT 44,978.35 475.91 1.07%

A top Wall Street economist is sounding the alarm on sky-high valuations in AI stocks — and drawing comparisons to the tech bubble of the late 1990s. "Yes, AI will do incredible things for all of us," Torsten Sløk, chief economist at Apollo Global Management, said on Yahoo Finance's Opening Bid. "But does that mean I should be buying tech companies at any valuation?" According to Sløk, the answer is increasingly no. In a research note to clients this week, he pointed to internal data showing the price-to-earnings ratios (P/E) of the 10 largest companies in the S&P 500 —...

Silver Nears 2011 Highs as Physical Market Fractures Silver markets are flashing red as the amount of physical silver available for immediate delivery in London has plunged to the lowest levels ever recorded. According to Daniel Ghali, senior commodity strategist at TD Securities, the so-called “free-float” inventory at the London Bullion Market Association (LBMA) has dropped to just 155 million ounces. That’s less than a single day’s worth of trading volume for spot silver in London, and it marks an unprecedented squeeze in the world’s most important silver trading hub. What’s driving this crisis? A perfect storm of factors. The...

Bitcoin topped $112,000 on Wednesday afternoon, notching a new record.The flagship crypto’s rise came on a day when investors returned to risk-on mode, driving the tech-heavy Nasdaq Composite to a record close.Bitcoin has been trading in a tight range in recent weeks.Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of...

What Happened: According to an iShares MSCI World ETF (NYSE:URTH) chart, tracking the MSCI World Index shared by Barchart, global stocks have formed a “Golden Cross” for the first time since January 2023.

Stocks rose on Monday as traders closed out a stunning month with even more record highs. Monday marked the last day of June, a month in which the major averages have staged a sharp recovery back to record levels. The S&P 500 rose nearly 5% in the month, while the tech-heavy Nasdaq jumped more than 6%. The Dow added about 4% in June.

NEW YORK -- The S&P 500 closed at an all-time record high on Friday afternoon, extending breakneck gains achieved in recent weeks as investors shrugged off concerns about newly imposed tariffs and war in the Middle East. Despite stocks dipping slightly after President Donald Trump's announcement that the U.S. would end all trade talks with Canada, the S&P 500 recovered to close at a record high -- 6,173. Previously, the all-time high closing price was 6,144.

US stock futures fell Thursday as an Israeli attack on Iran shook global markets, leading oil prices to spike as the Israeli defense minister declared a state of emergency. Futures attached to the Dow Jones Industrial Average (YM=F) dropped 1.5%. S&P 500 futures (ES=F) plunged 1.6%, and those attached to the tech-heavy Nasdaq 100 (NQ=F) sank 1.7%. On Thursday night, Israel conducted what it called a "preemptive strike" against Iran, citing fears over development of nuclear weapons in Tehran. Explosions erupted across the Iranian capital, reports said. Crude oil (CL=F) soared 8% as the strikes hit the third largest producer...

Say, weren't we supposed to fall into the Tariff Apocalypse this month? See runaway inflation? According to the Chicken Littles, the consumers were poised to flee the consumer-driven economy as a trade war ravaged Middle America. Looks like consumers missed the memo on the Tariff Apocalypse. After a hiccup on Liberation Day, the economic indicators all trend in the right direction this month. For example, the runaway inflation not only failed to show, inflation has actually gone down the last three months, including Liberation Month. Today's PCE Index report shows the best month for consumers on prices in months. At...

Nuclear power stocks surged Friday after President Donald Trump signed executive orders to overhaul the Nuclear Regulatory Commission and speed the deployment of new reactors in the U.S. Advanced reactor companies Oklo and NuScale jumped more than 27% and 18%, respectively. Constellation Energy, the largest nuclear operator in the U.S., was up more than 2%. Cameco Corp, one of the biggest uranium miners in the world, rose more than 10%. Trump said the orders focus on small advanced reactors that are viewed by many in the industry as the future. But the president also said his administration supports building large...