News

(Bloomberg) -- Investor sentiment is so poor that even a slightly better-than-expected US jobs report is set to spark a rally in the S&P 500, according to a Goldman Sachs Group Inc. trading desk.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling

After years of the 'resilient' consumer, retailers, stressed about tariff uncertainty ahead, are the ones having to take the high prices on the chin — in the form of slower sales or lower margin.

(Bloomberg) -- Investors are pouring money into European equities at a rate not seen in almost decade as they anticipate a historic increase in spending on infrastructure and defense.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year L

S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that "prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote".

(Bloomberg) -- It’s been a whirlwind of a week for US stocks as tariffs hit a fever pitch, sending the S&P 500 into a tailspin that briefly drove it below a closely watched technical level.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-

Global money market funds witnessed a surge in inflows in the week through March 5 as investors sought safety following the United States' move to escalate its trade war by slapping steep tariffs on imports from Canada, Mexico and China, fueling concerns about the potential impact on the global economy. Investors pumped a massive $61.32 billion into global money market funds during the week, following a net $39.55 billion worth of purchases in the prior week, data from LSEG Lipper showed. At the same time, demand for global equity funds dipped to a four-week low as these funds garnered just $2.97 billion worth of inflows during the week.

(Reuters) -Intuitive Machines' shares tumbled 23% on Friday after the company confirmed its second moon lander, Athena, landed on its side a day earlier, mirroring the company's first lunar landing attempt last year. The six-legged Athena lander touched down at a site about 100 miles (160 km) from the moon's south pole, but Intuitive Machines said on Friday the mission ended due to the spacecraft being on its side after completing several mission milestones. "With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines does not expect Athena to recharge," the space company said.