Investing

U.S. President Donald Trump answers questions on the comments of special counsel Robert Mueller while departing the White House May 30, 2019 in Washington, DC. Win McNamee | Getty Images Tariffs that the U.S. is threatening to impose against Mexican goods could have steep costs, both economically and politically, while also impacting important policy decisions.

Arriving in my downtown Boston office one day last month, after an early spin class, I read a surprising article about my gym. Equinox, the operator of nice (okay, high-end) health clubs, is branching out of its expertise, opening its first branded hotel and investing in a real estate project that will include co-workspace and

Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017. AP Photo | Andy Wong A Chinese official tabloid editor followed by Wall Street for insight took a shot at President Donald Trump’s latest threat to impose tariffs on all Mexican imports. “Some day, the White

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Evaluating the price-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results,

The Federal Reserve is likely to cut interest rates twice this year in response to the impact from President Donald Trump potentially opening a new front in the trade war, according to J.P. Morgan strategists. The firm is the first on Wall Street to catch up to market expectations that the Fed will ease policy

Avocado toast and that extra side of guacamole are probably going to get more expensive if President Donald Trump‘s newest trade threat becomes a reality. The United States gets the vast majority of its supply of the popular fruit from Mexico. If Trump’s surprise threat of 5% tariffs on imports from the country goes into effect,

Union Pacific cargo train with multiple box cars approaching the camera as it prepares to cross a level railroad crossing near Jamestown, California, December 17, 2017. Smith Collection/Gado | Archive Photos | Getty Images A number of American companies could see their sales decline if trade relations between the United States and Mexico deteriorate as a

Let us now dispense with the notion that there is only one proximal cause of the disturbance in the force of the financial markets. There are several. Of course, the deepening trade war with China is the most important to date. The battle, in addition to tariffs, has widened to potentially include further bans on

A docker works in front of a container ship at Qingdao Port in Qingdao, Shandong Province of China. ChinaFotoPress | Getty Images Just five components of the Dow Jones Industrial Average are on track for May gains, yet another reflection of the effect the U.S.-China trade war is having on Wall Street. UnitedHealth, Pfizer, Travelers

Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Stringer | Reuters China’s threat to curb exports of rare earth minerals to the United States could move the needle in an escalating trade war as the world’s two largest economies continue to jockey for leverage.

Elon Musk Mike Blake | Reuters Barclays cut its price target on Tesla on Thursday and said the market is finally coming around to the firm’s thesis on the automaker. The firm also said Tesla is “stalling as a niche automaker,” and cut its 12-month price target to $150 from $192. “Model 3 demand is

Defense Department’s Patrick Shanahan, before he was tapped by President Donald Trump to serve as the department’s Acting Secretary Department of Defense The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China, according to a Reuters report. “The department continues to work closely with the president,

A trader takes an order in the Standard & Poor’s 500 stock index options pit at the Chicago Board Options Exchange following the Federal Open Market Committee meeting on January 25, 2012 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Corporations have been the biggest buyers of stock during the bull

Robinhood Markets, known for its popular free stock-trading app, is on its way to at least a $7 billion valuation.  The Menlo Park, California-based start-up has ushered in at least $200 million in a late-stage funding round that would put its valuation between $7 and $8 billion, according to two people familiar with the deal,

Amazon Web Services at the 2019 CERAWeek in Houston, TX. Mary Catherine Wellons | CNBC Amazon‘s stock could be worth $2,500 a share in one year, Cowen said, valuing its Amazon Web Services business at a whopping $505 billion. Cowen raised its 12-month price target for Amazon to $2,500 from $2,400, which would translate into

Traders and financial professionals work during the opening bell on the floor of the New York Stock Exchange (NYSE), May 14, 2019 in New York City. Drew Angerer | Getty Images The latest bout of trade-war jitters sparked a rally in Treasurys as investors fled to safe havens from risky assets, pushing the yield on

Founder, Chairman, CEO and President of Amazon Jeff Bezos gives a thumbs up as he speaks during an event about Blue Origin’s space exploration plans in Washington, U.S., May 9, 2019. Clodagh Kilcoyne | Reuters Amazon shares will rally to $3,000 in about two years, making them worth nearly $1.5 trillion, without the company doing

It was an unsavory day for Chipotle. The stock fell nearly 6% Thursday, to $667.12, after BMO Capital Markets downgraded the fast-casual chain, cutting its price target to $620 from $675 and saying higher pork prices due to global outbreaks of African swine fever could put pressure on margins. The action marked Chipotle’s worst trading day

The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Here are the biggest calls on Wall Street on Friday: Piper Jaffray said Amazon shares may be worth $3000 in two years Piper Jaffray said its call was based on “conservative growth and valuation assumptions.” “We

Chinese made jackets are displayed for sale at a Manhattan department store on May 07, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images American retailers are working hard to leverage this Memorial Day weekend to boost sales. Heavyweights like Amazon, Target, Macy’s, and Home Depot all have big promotional