The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the ...
Under the direction of Elon Musk’s Department of Government Efficiency, the health agency fired some 10,000 employees this ...
The 10% baseline tariffs took effect at 12:01 a.m. ET Saturday at U.S. seaports, airports, and customs warehouses.
Protests against President Trump's tariffs are being held Saturday in New York City and around the Tri-State Area.
It was the worst week for the S&P 500 and Nasdaq Composite ( ^IXIC )since a global pandemic brought the world to a halt in March of 2020. Our Chart of the Week is likely the one you kept refreshing ...
On April 2, Trump unveiled major new tariffs inflicted on goods across the globe, dubbing the day 'Liberation Day' for ...
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Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
Privately, several chief executives told me that they recognized that imposing the tariffs, as well as Mr. Trump’s intractable support of them, was a potentially cataclysmic mistake. “Few of us ever ...
Read more about the Federal Reserve's latest quantitative tightening efforts, economic uncertainty, and the implications for liquidity and market conditions.
Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President ...
Economists say President Donald Trump’s sweeping tariffs against most U.S. trading partners will likely reignite inflation, ...
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