After weeks of pain, the stock market is eyeing some relief from tariffs and fears about Donald Trump’s encroachment on the Federal Reserve. US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell. Here’s…
US President Donald Trump has again rattled global investment markets, this time with his threats to interfere with the independence of America’s central bank. The president has ramped up his war with the US Federal Reserve, calling chair Jerome Powell a “major loser” and demanding interest rates be cut immediately, in a re-run of his…
NEW YORK — U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Trump’s trade war is clouding forecasts for how they and the economy will do this year. The Standard & Poor’s 500 index sank 2.2% after falling…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Rep. Marjorie Taylor Greene is one of the more frequent stock traders in Congress. Just before Trump’s tariff pause sent markets soaring, she bought thousands of dollars in stock. Democrats have speculated that some…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Traders at the New York Stock Exchange had a stressful few days amid Trump’s trade war. While stocks rebounded after a 90-day tariff pause, the S&P, Dow, and Nasdaq fell again on Thursday. It…
There’s an old joke in economics that stock markets have predicted nine out of the past five recessions. The point being that predicting a recession solely based on the stock market is difficult. “They can turn around on a dime. They can turn around in a heartbeat,” said James Angel, a finance professor at Georgetown…
Last week, President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%), Japan (24%) and the European Union (20%). The stock market plummeted in response, reflecting global…
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…
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…
Is Newsmax, the conservative news company that just went public, overvalued? Short answer: I don’t give investment advice. But if I did, I’d say yes. Newsmax is overvalued. Longer answer: I could list lots of reasons investors should be wary of sinking money into Newsmax, whose stock is skyrocketing after it started trading on Monday….