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Apple Intelligence is key to new iPhone sales, but don’t expect a big revenue jolt right away

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With Monday’s rollout of Apple Intelligence on Apple Inc.’s newest iPhones, investors need to remember that the addition of generative artificial intelligence is unlikely to immediately lead to a big jolt in new iPhone sales.

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Oil prices head for weekly fall on surging U.S. dollar, soft China demand

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Oil futures were slightly lower Friday and on track for weekly losses, plagued by a jump in the U.S. dollar and continued worries over demand from China, the world’s largest crude importer.

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One strategist lifts recession probability to 75% after Trump’s win and recommends how to position for it

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The benefit from tax cuts may be outweighed by the damage done by tariffs

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Treasury yields slip ahead of retail sales report

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Bond yields slipped Friday as investors unwound some of the hawkish reaction to Federal Reserve Chair Jerome Powell’s remarks.

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