Latest in Mark Cuban: Tariffs, DOGE cuts could result in 'far worse situation than 2008'
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Investor who predicted the 2008 financial crisis says he's 'worried about something worse than a recession'
Ray Dalio, the founder of the hedge fund Bridgewater Associates, said he is "worried about something worse than a recession" if President Donald Trump does not properly handle tariffs and other ...NBC News - 3d -
Spaced Out: Spending Cuts Could Hurt Startups
Elon Musk, the CEO of SpaceX and the head of DOGE, could be cutting off funds for new companies in his own industry.Inc. - 5d -
Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs
Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China. People in the US: tell us how you think Trump’s first 100 days have gone so ...The Guardian - 2d -
Ray Dalio says Trump’s trade war could spark ‘something worse than a recession’
Hedge-fund billionaire Ray Dalio said Sunday that the U.S. is on the brink of a recession — and potentially something much worse.MarketWatch - 3d -
How DOGE’s Government Building Selling Spree Could Affect the Office Real Estate Market
The federal government has sold 13 buildings so far, and Elon Musk’s DOGE claims there are another 68 on the market.Inc. - 4d -
Billionaire investor Ray Dalio is worried about 'something worse than recession’: Full interview
Ray Dalio, founder of the world’s largest hedge fund, tells Meet the Press that Trump’s economic agenda could lead to a “breaking down of the monetary order” as the president ramps up tariffs on ...NBC News - 3d -
Trump’s Tariff Pause Is Less Than Meets the Eye
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.The New York Times - 4d -
Growth in oil demand expected to slow sharply as a result of US tariffs
International Energy Agency says situation is ‘fluid and substantial risks remain’Financial Times - 1d -
How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE's spending cuts, and the layoffs could affect essential agency functions during tax season.CNBC - 5d -
How litigation could end DOGE’s Schrödinger’s agency status
Depending on the legal issue at hand, DOGE claims to be both part of and separate from the federal government.The Hill - 3d -
Why Tariff-Fueled Inflation Fears Could Be Overblown
There’s a greater risk than rising prices from a trade war.Inc. - 1d -
Global turmoil makes Britain’s productivity predicament even worse
The situation is dire and only active policymaking is going to make a differenceFinancial Times - 2d -
DOGE Is Far Short of Its Goal, and Still Overstating Its Progress
Elon Musk now says his group will produce only 15 percent of the savings it promised. But even that estimate is inflated with errors and guesswork.The New York Times - 3d -
Mark Zuckerberg Is Back in the Hot Seat in a Crucial Trial
Mark Zuckerberg has appeared before Congress more times than any other tech leader. He will testify again soon — as a witness in a federal antitrust trial. Cecilia Kang, a technology reporter for ...The New York Times - 2d -
Billionaire Ray Dalio: 'I'm worried about something worse than a recession'
Bridgewater founder Ray Dalio said that he is worried about a breakdown of the global monetary order.CNBC - 3d -
Bank of America tops analysts' estimates on better-than-expected interest income, trading
Bank of America shares have sold off in recent weeks on concern that President Donald Trump's tariff policies could cause a recession.CNBC - 1d -
Trump administration's foreign aid cuts threaten to roll back global maternal mortality progress
Maternal mortality rates have declined significantly across the world since the turn of the century, but global health experts fear that progress could be rolled back as a result of the Trump ...The Hill - 3d -
US Tariffs Could Make Smartphones Dumber
Donald Trump’s tariffs are likely to make tech manufacturers more risk averse—which could stymie innovation in favor of keeping costs down.Wired - 5d -
How Health and Human Safety Department cuts could affect your health
In his first network TV interview since becoming Health and Human Services Secretary, Robert F. Kennedy Jr. sat down with Dr. Jon LaPook. Kennedy said he was not familiar with cuts to programs that ...CBS News - 3d -
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 4d -
DOGE Cuts Hobble Office That Would Aid NASA and SpaceX Mars Landings
The Astrogeology Science Center, which has helped astronauts and robots reach other worlds safely, is facing a substantial number of job reductions.The New York Times - 2d -
Face the Nation: Salvanto, Khanna, Marks
Missed the second half of the show? The latest on...As the tariff standoff continues, a CBS News poll conducted from April 8-11 found that 75% of Americans are concerned tariffs will raise prices, ...CBS News - 2d -
Long ER stays are common in the US. It may get worse as the population ages
An Associated Press and Side Effects Public Media data analysis shows one in six visits to the emergency department in 2022 that resulted in hospital admission had a wait of four or more hoursABC News - 1d -
Will more people ride out a trade war with Netflix? The streamer’s results will offer clues.
With quarterly results due Thursday, analysts will be looking for signs of indirect impacts of tariffs on the streaming platform.MarketWatch - 2d -
How Tariffs Could Cause Car Insurance Costs to Rise
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.The New York Times - 5d -
Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.The New York Times - 5d -
Trump’s Short Circuit on Electronics Tariffs Leaves Business Owners Confused
White House reversals on specific import duties are giving companies whiplash, which may get worse as the administration prepares entirely new tariffs for crucial products.Inc. - 1d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 4d -
Suspected 4chan Hack Could Expose Longtime, Anonymous Admins
Though the exact details of the situation have not been confirmed, community infighting seems to have spilled out in a breach of the notorious image board.Wired - 1d -
Proposed NASA Budget Cuts ‘Would Decimate American Leadership in Space’
The approximate 20 percent budget cut could force the closure of the Goddard Space Flight Center and would see projects such as the Nancy Grace Roman Space Telescope scrapped.Wired - 4d -
Chinese Lunar Rocks Suggest a Thirsty Far Side of the Moon
Using samples gathered from the Chang’e-6 mission, scientists found that the interior of the moon on the half we never see from Earth might be drier than the near side.The New York Times - Apr. 9 -
Labor Leaders Fear Elon Musk and DOGE Could Gain Access to Whistleblower Files
Companies tied to Elon Musk have dozens of workplace health and safety cases open at OSHA. Union leaders and former OSHA officials are concerned.Wired - 6d -
Meta’s Antitrust Trial to Put Mark Zuckerberg, Serial Witness, to the Test Again
Meta’s chief has grown accustomed to tough questioning in courts and hearings, but an antitrust trial that started Monday could be more grueling, experts said.The New York Times - 2d -
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.The New York Times - 1d -
Trade war could put the frown back on Botox users’ faces
Fears that pharmaceuticals could yet be hit by tariffs have sent shares sharply lowerFinancial Times - 3d -
Trump tariffs won't lead supply chains back to U.S., companies will go low-tariff globe-hopping: CNBC survey
A U.S. manufacturing boom is an unlikely result of Trump's tariffs, with costs too high and a global hunt for low-tariff regimes coming, a CNBC survey found.CNBC - 1d -
Meta faces antitrust trial that could force it to break off Instagram, WhatsApp
Meta Platforms Inc. faces a historic antitrust trial Monday that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into ...ABC News - 2d -
Customs 'glitch' impacting Trump tariffs fixed after lasting for more than 10 hours
A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.CNBC - 4d -
Pakistan copper mine could offer leverage in US tariff talks, says operator
Barrick says strategic metal resource could help Islamabad as it faces 29% levyFinancial Times - 3d -
Tariffs won’t boost U.S. manufacturing — tax cuts will, Johnson & Johnson CEO says
For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson & Johnson CEO Joaquin Duato said.MarketWatch - 1d