Latest in Fintech stocks plummet as Wall Street worries about consumer spending, credit
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Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - 5h -
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.CNBC - 3d -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Coterra Energy and Walmart.CNBC - 1d -
Stock Market Has Worst Weekly Drop in Months as Tariffs Hang Over Wall St.
Investors are worried about the economy and whether tariffs on America’s largest trading partners will stifle growth.The New York Times - 3d -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 6h -
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says
Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.CNBC - 12h -
Wall Street stocks drop as investors fret over US economic slowdown
Tech shares hit as Tesla gives up all its post-election gainsFinancial Times - 11h -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 1d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 3d -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 10h -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 2d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 14h -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 2d -
A Bad Day on Wall Street
Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.The New York Times - 5h -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - 6h -
Americanswers…on 5 Live! Is Trump worried about the US economy?
Americanswers…on 5 Live! Is Trump worried about the US economy?BBC News - 8h -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 2d -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - 3h -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 10h -
Trump ‘not at all’ worried about joint Russia, China, Iran military exercises
President Trump said he is “not at all” worried that Russia, China and Iran are doing joint military exercises. Trump was asked by a reporter on Sunday about the news that the three countries are ...The Hill - 11h -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 7h -
Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%
Dustin Moskovitz, the CEO of Asana, will retire from the software company he co-founded in 2008.CNBC - 4h -
Trump’s first 50 days: Stocks suffer worst start to a presidential term since 2009
The first 50 days of President Donald Trump’s second term brought heightened volatility to financial markets already worried about slowing economic growth in the world’s largest economy.MarketWatch - 6h -
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.The New York Times - 4h -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 6h -
FirstFT: Investors drag Wall Street down over tariff fears
Also in today’s newsletter, how the Baltic Sea became a target for ‘hybrid warfare’ and a woman’s guide to wearing tiesFinancial Times - 5h -
What is bird flu, and should you be worried about it?
In January, the first person in the US died from bird flu. Learn what the symptoms are and how you can stay safe. Bird flu has been spreading in North America since late 2021, but recently the ...The Guardian - 11h -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - 3d -
Los Angeles Wildfires Leave Residents Worried About Contaminated Soil
Federal agencies are removing topsoil from burned areas but will not test it for contaminants. So scientists and residents are testing fire-affected properties themselves.The New York Times - 15h -
Trump and the Fed Sound More Optimistic About the Economy Than Investors
Traders are selling stocks even as Jerome Powell and the White House convey confidence about markets.Inc. - 13h -
Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.Inc. - 3d -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 7h -
Celine Dion warns fans about 'fake and not approved' AI-generated music credited to her
Celine Dion warns fans that 'new' music circulating online was generated by AI, not by the singer. 'These recordings are fake and not approved,' her team says.Los Angeles Times - 9h -
Trump deported fewer people last month than Biden a year ago, but border crossings have plummeted
NBC News obtained data that provides early indications on how the Trump administration is delivering on promises it made about the immigration crackdown.NBC News - 8h -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - 17h -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - 3d -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 7h -
Inflation Data Test May Rock Unsteady Stock Market
The U.S. consumer price index report could generate concerns if inflation is still simmering.Inc. - 1d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - 4h -
3/10: The Daily Report
Lindsey Reiser reports on the stock market’s plummet following President Trump's comments on a possible recession, the Trump administration's cancelation of most remaining USAID programs and ...CBS News - 13m