The S&P 500 briefly entered a bear market on Monday, falling 21% from its mid-February peak. The uncertainty surrounding President Donald Trump’s tariffs, which were higher than Wall Street expected, plunged the market into chaos over the past week. An increase in market volatility has strategists at Goldman Sachs dusting off their bear market playbook…
Stock markets tumble after China retaliates against Trump’s tariff Updated: 7:32 PM EDT Apr 4, 2025 White House Correspondent Stock markets fell further Friday after China retaliated against President Donald Trump’s tariffs by imposing a 34% tariff on all U.S. goods suffering. The S&P 500 fell 6% — it’s biggest one-day drop since the COVID-19…
Protecting your finances amid economic uncertainty WESH 2’s Meredith McDonough and Jason Guy discuss how President Donald Trump’s newly imposed tariffs may impact the U.S. economy, stock market Updated: 10:44 AM EDT Apr 4, 2025 MONTH, A TIME DEDICATED TO PROMOTING FINANCIAL EDUCATION AND EMPOWERMENT, AND NOW FEELS LIKE A VERY IMPORTANT TIME, MAYBE MORE…
President Trump preparing to announce new tariffs on ‘Liberation Day’ Updated: 6:48 PM EDT Apr 1, 2025 White House Correspondent Businesses and U.S. trading partners are keeping a close eye on the White House, as Wednesday President Donald Trump is set to unveil a new round of sweeping tariffs.See the story in the video above”April…
Hongkonger Shirley Chang, 82, plays pickleball regularly, takes a weekly class to learn Chinese ink painting and teaches her friends how to play bridge. The former businesswoman, who lives with a domestic helper in the Mid-Levels, said she was enjoying her retirement years by staying healthy, maintaining an active lifestyle and searching for new experiences….
NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China’s stock markets fell after Trump’s comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1. On his first day in office, President Donald Trump signed…
US President-elect Trump announced sweeping tariffs on Mexico, Canada, China, impacting global markets and currencies. Some analysts see Trump’s tariff threats as leverage for countries to comply with the President-elect’s wishes. Analysts expect more tariffs and uncertainty ahead and are advising companies and investors to plan accordingly. President-elect Donald Trump has two months until he…
No one’s going to sound an alarm, blast out a text message, or shoot you an email about it, but the US economy is undergoing a historic shift. We are leaving one long period of expansion — what economists refer to as a “supercycle” — and entering a very different one. Over the past 15…
China’s top leaders have unleashed a stimulus blitz to reverse the economic downturn and boost market confidence. Skeptics say it’s just not enough for the scale of China’s problem. However, some economists say that since China is a top-down system, officials will do everything they can to make it work. Thanks for signing up! Access…