The stock market has been reeling since Trump’s “Liberation Day” tariff announcement back on April 2. But even before this shock announcement tipped the Nasdaq into a bear market and sent the S&P 500 down 10% in two trading days, stocks had struggled this year as the reality of Trump’s desire to impose tariffs on
By KATELYN CARALLE, SENIOR U.S. POLITICAL REPORTER IN WASHINGTON, D.C. Published: 20:49, 7 April 2025 | Updated: 20:56, 7 April 2025 Betting markets now show a 62 percent chance that the U.S. will plunge into a recession this year. The odds of such an economic drop spiked last week after President Donald Trump announced on
President Trump once again revived his calls for the Fed to cut interest rates. But Wall Street experts say rate cuts won’t necessarily solve the US economy’s problems. In a Truth Social Post early Monday, Trump said, “The slow-moving Fed should cut rates!” The statement echoes comments the president made last week, arguing now is
President Trump once again revived his calls for the Fed to cut interest rates. But Wall Street experts say rate cuts won’t necessarily solve the US economy’s problems. In a Truth Social Post early Monday, Trump said, “The slow-moving Fed should cut rates!” The statement echoes comments the president made last week, arguing now is
Getty Images; Chelsea Jia Feng/BI The stock market is in meltdown mode amid the trade war. Most advice in times like this is, “don’t panic,” but it can be hard to keep a cool head. Market pros say have some advice if you’re worried about your portfolio amid the sell-off. The stock market just capped
Donald Trump spoke to reporters hours after plunging the stock market into havoc – sparking fears of a recession – with his raft of tariffs, including the 10% on the UK President Donald Trump speaks to reporters on Thursday(Image: AP) An upbeat Donald Trump has insisted the tariffs saga is “going very well”. The US
Donald Trump has offered a rosy assessment after the US stock market dropped sharply on Thursday over his tariffs, saying: “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the
Stock market today: Benchmark indices Sensex and Nifty ended lower on Thursday, though they outperformed their Asian counterparts after US President Donald Trump imposed tariffs on over 180 nations late Wednesday. Analysts believe that India’s relatively lower tariffs compared to other South Asian nations could work in its favor. As a result, the Sensex dropped
Will the so-called Trump tariffs prove to be as bad for the economy and stock market as the Great Recession, the Covid-19 pandemic and the worst inflation in 40 years? First-quarter flows for the SPDR Gold Shares ETF (GLD) are signaling a “yes.” According to etf.com flows data, GLD took in nearly $6 billion in
The leisure group behind the 126-year-old Brighton Palace Pier has seen its shares slump as it became the latest firm to announce plans to delist and return to private hands. Brighton Pier Group (PIER.L) – which also owns a number of bars and mini-golf venues – said it is planning to cancel its listing on