Spencer Platt/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Stocks fell as a pair of warnings from Nvidia and the Federal Reserve hit investor confidence. Nvidia’s forecast of a $5.5 billion earnings hit and export restrictions led to tech-sector declines….
A look at what happened in the US government this week Updated: 10:03 PM EDT Apr 11, 2025 President Donald Trump rolled back his tariffs against most of the world while increasing them against China, the financial markets had one of the most chaotic and historic weeks in history, more high-profile court cases against the…
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…
Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
Investors who think a recession is in the cards this year should brace for a double-digit correction to rattle the stock market, according to Bank of America. Strategists at the bank said they see the S&P 500 potentially dropping to as low as 5,000 in the event unemployment rises and the economy tips into a downturn….
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…
A brand-new NFL event will welcome the draft to Green Bay. On Wednesday, April 23, the “Taste of the Draft” will bring staple Wisconsin supper club dishes to the Schreiber Foods headquarters on the corner of Washington and Main streets in the heart of downtown Green Bay. From relish trays to prime rib, guests can…
GOP senators got a hold of Elon Musk’s cell phone number this week. They don’t want to talk about it. Having a direct line to Musk is a hot commodity in the age of DOGE. Republican senators just got their hands on Elon Musk’s cell phone number, giving them a direct line to the man…
BlackRock stock edged higher a day after it announced a deal to help acquire two ports in Panama. President Trump has touted the deal as he seeks to more US control of the crucial waterway. It marks the largest infrastructure deal in BlackRock’s history. The move: BlackRock rose 1% at the start of trading on…
US stock futures and Asian markets rose after Trump’s commerce secretary hinted at some tariff compromises. Trump reimposed 25% tariffs on Canada and Mexico after pausing the plan for a month. Markets closed lower for a second consecutive day as the Nasdaq and S&P 500 saw significant declines. US stock futures ticked up on Tuesday…