Depending on whom you ask or what financial institution you listen to, the current odds of a U.S. recession in the near term fall roughly between 45% to 60%. The probability has been on the rise of late thanks largely to increased trade policy uncertainty and a potential slowdown in global growth due to U.S. […]

Key Takeaways Tesla is scheduled to report first-quarter earnings after markets close on Tuesday, with options pricing suggesting that traders expect the results to move its shares dramatically. Tesla shares have registered an average post-earnings move of 12.3% over the past four quarters. Slowing EV sales and CEO Elon Musk’s controversial work with President Trump

Key Takeaways Average orders at kiosks are 8% higher at quick-service restaurants and 15% higher at fast-casual restaurants, according to Technomic, a food service research and consulting firm. Experts have several theories on why checks tend to be larger on the machines, including that they feature enticing images and don’t judge people for indulging. But

After enjoying a three-day retreat of more than 20 basis points to start the week, 30-year refinance rates ticked back up a bit Thursday. Rising 5 basis points, the flagship refi average is up to 7.14%. A surge last week, however, pushed Friday’s average to 7.31%, the most expensive reading for 30-year refi rates since

The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, California, Florida, New Jersey, Texas, Washington, Colorado, Georgia, Massachusetts, and North Carolina. The ten states registered averages between 6.80% and 6.93%. Meanwhile, the states with the highest Thursday rates were West Virginia, Washington, D.C., Alaska, Maryland, Mississippi, North Dakota, South Carolina,

The states with the cheapest 30-year mortgage refinance rates Thursday were California, New York, Tennessee, Florida, Texas, North Carolina, Georgia, and New Jersey. The eight states registered averages between 6.98% and 7.10%. Meanwhile, the states with the highest Thursday refinance rates were Alaska, Montana, South Dakota, West Virginia, Wyoming, Rhode Island, Washington, D.C., Hawaii, and

KEY TAKEAWAYS An escalating trade war with China, where one of the U.S.’s top trading partners placed a 125% tariff on American goods, will likely make it more expensive for American companies to export products to China. American companies will likely slow hiring, and Trump’s tariffs are expected to reduce manufacturing employment by 500,000. The

With eight different cruise lines catering to a wide demographic, as well as more than 90 ships in operation, Carnival (CCL 0.42%) is the largest cruise line operator on the planet. The business was decimated by the pandemic. It was forced to halt operations, leading to sizable net losses and rising debt. However, the company

How’s the American consumer doing? Recent comments from companies and their executives offers clues, with some citing healthy spending behavior and others seeing people looking to get ahead of tariffs on imported goods. A leading homebuilder has said consumer confidence contributed to a slow start to the spring selling season. A German maker of educational