CFPB to Cut Financial Firm Supervision, Curb Fintech Focus

America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm oversight.

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Is Bitcoin a Hedge Against Market Volatility? This Chart Suggests Otherwise.

Bitcoin (CRYPTO: BTC) has sometimes been referred to as “digital gold,” suggesting that it can be a safe haven type of investment, and that it can help hedge against volatility in the stock market. Holding a position in the SPDR Gold Shares (NYSEMKT: GLD) exchange-traded fund, which is backed by physical gold, has proven to be a much better way to offset risk in the market this year.https://www.fool.com/investing/2025/04/17/is-bitcoin-a-hedge-against-market-volatility-this/?source=eptyholnk0000202&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=fa1ab41f-a15a-4a03-876b-47f9cc8c9101&.tsrc=rss

US Stocks Inch Lower as Traders Assess Earnings, Tariff Risk

US stocks inched lower, erasing early-morning gains, as Wall Street traders weighed the latest earinings results and the impact of President Donald Trump’s tariffs on Corporate America.
https://www.bloomberg.com/news/articles/2025-04-17/s-p-500-rises-on-signs-of-trade-talk-progress-as-dow-sinks-1
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2025-04-17T13:57:51.000Z

1 S&P 500 Stock for Long-Term Investors and 2 to Turn Down

While the S&P 500 includes industry leaders, not every stock in the index is a winner. Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.https://finance.yahoo.com/news/1-p-500-stock-long-130231977.html?.tsrc=rss

Stock Movers: UnitedHealth Group Falls, Hertz Sees Big Gain, Eli Lilly & Taiwan Semiconductor Rise

UnitedHealth Group (UNH) cut its annual forecast and reported its first earnings miss in over a decade, causing shares of major health insurers to plummet.

Hertz (HTZ) soared as much as 40% in premarket trading on Thursday, set to extend Wednesday’s record 56% rally, after CNBC reported that Bill Ackman’s Pershing Square holds about a 19.8% stake in the beleaguered rental-car company. 

Eli Lilly (LLY) shares rose on news that the company’s experimental weight-loss pill, orforglipron, worked as well as the Ozempic shot in a trial, bringing it closer to developing a needle-free alternative.

Taiwan Semiconductor (TSMC) climbed after the chipmaker forecast sales for the second quarter that beat the average analyst estimate. The company kept its growth outlook for 2025 on expectations of AI revenue doubling. (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-04-17/unitedhealth-group-falls-hertz-eli-lilly-rise-video
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2025-04-17T13:47:10.000Z

Dow Faces Historic Divergence From S&P After UnitedHealth Plunge

A double-digit selloff in UnitedHealth Group Inc. is dragging down the blue-chip Dow Jones Industrial Average, pushing it toward a day of historical underperformance.
https://www.bloomberg.com/news/articles/2025-04-17/dow-industrial-set-for-a-historical-divergence-with-the-s-p-500
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2025-04-17T13:05:40.000Z

4 Medical Product Stocks to Buy From a Challenging Industry

The U.S. government’s tariff imposition, especially on China, is likely to keep supply chains under pressure for the Zacks Medical Products industry. PODD, MGNX, CLRB and ALUR are likely to gain from the favorable factors.https://finance.yahoo.com/news/4-medical-product-stocks-buy-125200583.html?.tsrc=rss

Trump Says Fed Chair Powell’s Termination Can’t Come Fast Enough

President Donald Trump said Federal Reserve Chair Jerome Powell’s termination from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now. Trump wrote in a Truth Social post Thursday morning that “Powell’s termination cannot come fast enough!” Bloomberg’s Tyler Kendall reports. (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-04-17/trump-says-powell-s-termination-can-t-come-fast-enough-video
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2025-04-17T13:00:55.000Z