Markets
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Trump tariffs set to wipe out nearly $2 trillion from US stocks
Apr 03, 2025 8:26 am - Roughly $1.7 trillion is set to be erased from the S&P 500 Index when trading opens Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.
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Dow drops nearly 1,680 in biggest wipeout since 2020 as fears of fallout from tariffs shake markets
Apr 03, 2025 8:19 am - Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own.
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Wall Street swings as the approach of Trump’s ‘Liberation Day’ sends stock markets reeling worldwide
Mar 31, 2025 11:23 am - President Donald Trump’s fast-approaching “Liberation Day” had stock markets all over the world swinging sharply.
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Wall Street drops following discouraging updates on US shoppers and inflation
Mar 28, 2025 12:13 pm - U.S. stocks are falling Friday following discouraging updates on inflation and how much U.S. households may be willing to spend given all the uncertainty about President Donald Trump's escalating trade war.
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Consumer confidence is sliding as Americans’ view of their financial futures slumps to a 12-year low
Mar 25, 2025 1:27 pm - U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.
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Small banks in mostly red districts could lose funding under new Trump order
Mar 24, 2025 1:29 pm - The Trump administration is targeting a federal program that subsidizes small banks in some of the poorest communities across the country, particularly in red states, as part of a wider White House push to reduce the size of government.
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Trump promised an American boom. He now says it may take a while.
Mar 22, 2025 1:27 pm - President Donald Trump said his first day in office marked the start of a “golden age” for the U.S. He and his advisers now say it could take months or longer to arrive.
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With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Mar 20, 2025 8:22 am - The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S.
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Back down goes Wall Street as Big Tech resumes its slide
Mar 18, 2025 3:31 pm - NEW YORK — Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where...
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Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week
Mar 14, 2025 6:00 pm - U.S. stocks rallied to their best day in months on Friday as Wall Street’s roller coaster suddenly shot back upward. That still wasn’t enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August.