Dow wipes out its gains since Trump’s inauguration as ‘stagflation’ fears return

U.S. stocks ended the week on an ugly note Friday, posting their worst day of 2025 — and a run of soft economic data was getting much of the blame.

Topics

Dow drops 700 points for worst day of 2025 so far on new fears about economic growth

Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
NBC News - 14h
Europe’s elite fears Trump, Musk and the truth

The EU's ruling class has become fanatical in its desire to censor.
The Hill - 23h
Boosted by Musk and Trump, German far-right party looks likely to make historic gains

It is a pivotal moment for Germany's far-right AfD ahead of national elections Sunday. The party is polling at 21% — likely enough for second place.
NBC News - 21h
Trump says Ukraine started the war that's killing its citizens. What are the facts?

President Donald Trump has blamed Ukraine for starting the war that has cost tens of thousands of Ukrainian lives
ABC News - 2d
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears

Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...
The Hill - 17h
Senate GOP to vote on its plan for Trump's agenda despite Trump backing House plan

Senate Republicans plowing ahead with their efforts to advance the first stage of their two-part package to pay for Trump's agenda despite Trump backing the House’s plan.
ABC News - 1d
Trump Administration Abruptly Clears Out Migrants It Sent to Guantánamo

A transfer operation on Thursday repatriated 177 Venezuelans via a handoff in Honduras, while one migrant was brought back to U.S. soil.
The New York Times - 22h
Trump’s Plan to Kill Social Security Benefit Tax Could Accelerate Its Insolvency

Social security is already in danger. President Trump’s plan to get rid of income taxes on the benefit won’t save it. In fact, it’ll probably do the opposite.
Inc. - 1d
Taiwan holds its breath as Trump turns on Ukraine and upends US foreign policy

The mood in Taipei is one of wariness as the new US president takes a blowtorch to diplomatic norms and assurances. It’s a bustling morning at the Dongmen wet market, in inner-city Taipei. Mr Yu is ...
The Guardian - 1d

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