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A version of this post first appeared on TKer.co The stock market is a discounting mechanism, which means its price reflects expectations for the future, and its price fluctuations reflect the market’s attempt to factor in changes to those expectations. Believe it or not, in a given moment, the stock market does not care too much about the present state of things. That’s because expectations for the present will have been priced into the market days, weeks, and months in the past. That is to say, the stock market reacts to news to the degree the new information 1) is…

The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration works to drastically limit its operations. Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of the subprime mortgage crisis that led to its…

The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show’s season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%.Throughout the show’s run, a Four Seasons property has been the backdrop for the cast of characters’ luxurious, and drama-filled vacations — first in Maui, then Sicily and now Koh Samui.Now, the Four Seasons is offering travelers the chance to experience life at “The White Lotus” for themselves.In February, the luxury hotel company announced a private jet experience called…

Girls just want to have funds, to paraphrase the Cyndi Lauper tune. Cary Carbonaro, a certified financial planner and the author of the new book “Women and Wealth,” knows all about that. Her decades of being a sherpa for women in the male-dominated financial services field serves as the backdrop for this book, which is aimed at teaching her colleagues about the psychology behind women’s financial mojo and the best ways to attract and retain female clients. It’s also flush with insights and strategies for individual women working to take control of their money lives. I know firsthand what it’s…

Just one month remains in the 2025 tax filing season before the April 15 deadline. As of March 7, the Internal Revenue Service (IRS) has received fewer returns than in the same period in 2024, but the average refund is 5.7% higher, according to IRS data. Despite larger checks going out, tax season can be especially stressful. One survey from Intuit Credit Karma and Qualtrics found that nearly a third of workers want to cry just thinking about filing their taxes. To mitigate some of these worries (and tears), Yahoo Finance asked professional advisers about their top tips and reminders…

(Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Most Read from Bloomberg “I’ve been in the investment business for 35 years, and I can tell you that corrections are healthy, they are normal,” Bessent said Sunday on NBC’s Meet The Press. “I‘m not worried about the markets. Over the long term, if we put good tax policy in place, deregulation and energy security, the markets will do great.” The selloff that…

WASHINGTON — Sen. Chris Murphy, D-Conn., delivered a forceful rebuke of his party’s response to Republicans’ funding bill, telling NBC News’ “Meet the Press” that while he still has confidence in Minority Leader Chuck Schumer, D-N.Y., the Democratic caucus must move with “urgency” and change tactics.“What’s important is that we meet this moment. And what I’m telling you is that if we continue to observe norms, if we continue to engage in business as usual, this democracy could be gone,” Murphy told moderator Kristen Welker. “I don’t think we have a year to save American democracy.”Democrats are coming off of…

(Reuters) – Once the United States has imposed tariffs on its major trading partners it could engage in bilateral talks with countries on new trade arrangements, Secretary of State Marco Rubio said on Sunday. U.S. President Donald Trump threatened on Thursday to slap a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial markets and raised recession fears. Rubio said the United States would retaliate against nations that had imposed tariffs on it. “This is global. It’s not against Canada, it’s not against Mexico, it’s…

Voters are starting 2025 sour on the state of the economy and President Donald Trump’s handling of it so far, even as his election to a second term sparked an upswing in positive feelings about the direction of the nation, according to a new national NBC News poll.Buoyed by jubilant and unified Republicans, who are standing in lockstep with Trump and the expansive agenda he and congressional leaders are pushing in Washington, more registered voters see the U.S. as heading in the right direction than at any point since early 2004, though a majority still say the country is on…

Getty Images The Nasdaq’s recent decline has raised fears of a sharp unwind in tech stocks following years of AI hype. It’s drummed up comparisons to the dot-com bubble, which dragged the Nasdaq down 78% when it popped in 2000. Market pros tell BI there are important lessons from 2000 that investors should think about in 2025. It’s been 25 years since the dot-com crash, and investors are again navigating concerns of a tech bubble reaching unsustainable levels. The Nasdaq Composite peaked on March 10, 2000 and the subsequent unwind would last nearly three years, taking the tech-heavy index down…