Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
U.S. consumer sentiment sank to a record 49.8 in April as year-ahead inflation expectations rose to 4.7%, with gasoline and diesel prices driving the slump.
Consumer sentiment hits a record low as war in Iran, higher gasoline prices and tariffs revive inflation fears, even with U.S. stocks near highs.
Nvidia topped $5 trillion in market value after Intel's strong earnings fueled a broad chip rally, with AMD up 14% and Qualcomm up 11%.
Tariff refunds are moving through a new federal portal, but businesses will get paid before households tied to Trump’s promised dividend.
Mortgage rates held near recent lows Friday, with the top-tier 30-year fixed rate at 6.32% for a seventh straight day.
U.S. consumer sentiment hit a record low in April as inflation fears rose even after a ceasefire with Iran briefly eased war jitters.
Nvidia shares rose to a record and pushed its market value past $5 trillion as Intel's surprise earnings beat fueled a fresh rally in AI stocks.
S&P Global’s April flash composite PMI rose to 52.0, but output prices hit a near four-year high and supplier delays worsened as war-driven cost pressures built.
Mortgage rates ended the week near recent lows, with the 30-year fixed at 6.32% and little day-to-day movement.
U.S. consumer sentiment fell to a record 49.8 in April as inflation expectations jumped and fuel costs kept rising.
Nvidia closed at a record Friday, lifting its market value past $5 trillion as traders bought chip stocks ahead of next week’s cloud earnings.
Iran said the Strait of Hormuz was open, then attacked an Indian tanker, keeping Brent crude and shipping routes under pressure.
