The trade war crushed stocks this week. The market endured its worst week since 2020, with the S&P 500 losing nearly 7% over the last five trading days, while the Nasdaq 100 slipped into bear market territory for the first time since 2022. Here’s what the pros are saying about the decline — and what…
President Donald Trump is once again waving a tariff reduction carrot at China to get it to cave on a TikTok deal. Trump spoke to reporters on Air Force One on Thursday, a day after imposing a baseline 10% tariff on imports from all countries and increasing China’s tariff rate to 54%. He said he…
Giorgia Meloni, the Italian prime minister, said US tariffs could have negative consequences for Italian producers and could limit access to Italian products in America. “The United States is our second-largest export market, with a 17 per cent increase in exports in 2024. The US market is crucial for us,” she said in a speech…
Tesla shares dropped 6% amid a broad sell-off on Wednesday prior to President Donald Trump signing an order to implement a 25% tariff on auto imports, which came after the market close. Investors started preparing during regular trading hours. After wavering earlier in the day, the market moved sharply lower following the news of the…
Aribnb breaks down the hottest travel trends this spring break Airbnb has revealed the most popular spring travel destinations and the reasoning behind the surge. Want a special trip? You won’t have to travel outside of Georgia. On Thursday, Time Magazine released its list of “The World’s Greatest Places of 2025” highlighting 100 standout spots…
The Fed’s latest economic projections hint at the potential for a bout of stagflation. Fed officials trimmed their expectations for growth and raised expectations for inflation in 2025. Uncertainty around the president’s new policies is high, Powell said at a press conference. The Fed’s interest rate decision didn’t turn any heads on Wall Street but…
Yope, a photo-sharing app, is gaining traction with 2.2 million monthly active users. Users can create private groups to share photos, videos, and audio with. Trying out Yope was a good reminder that it’s hard to convince your friends to download yet another social media app. The buzzy new social media app Yope’s focus on…
Growth fears are on the rise, causing markets to trade as if a recession is coming. Major US indexes extended deep year-to-date losses on Thursday, with the S&P 500 down 1.8%. Bond yields are falling as investors eye lower interest rates in response to a recession. It wasn’t long ago when economists predicted the odds…
Trump told an interviewer that he dined with Jeff Bezos on Wednesday night. That’s the same day Bezos announced a major shake-up at the Washington Post’s opinion section. Trump said little about the dinner, but marveled that so many billionaires are cozying up to him. President Donald Trump says he had dinner with Jeff Bezos,…
NEW YORK — U.S. stock indexes drifted to a mixed finish Wednesday after climbing in the morning but then running out of steam. The Standard & Poor’s 500 finished an iota higher, less than 0.1%, after surrendering virtually all of its early gain of 0.9%. But that was just enough to break a four-day losing streak that…