Latest in Treasury Secretary Bessent says market woes are more about tech stock sell off than Trump's tariffs
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Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs
"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.CNBC - 1d -
Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.The New York Times - 2d -
Treasury secretary: 'My advice to every country right now is do not retaliate'
Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light of President Trump’s reset of tariff policy, arguing the administration ...The Hill - 1d -
House Democrats press Bessent on IRS layoffs
House Democrats led by Rep. Brad Schneider (Ill.) pressed Treasury Secretary Scott Bessent on mass layoffs at the Internal Revenue Service (IRS) in a Wednesday letter requesting the Trump ...The Hill - 17h -
Tech Stock Shock + Solving the Mystery of OpenAI’s ‘Blip’ + Tinder’s Flirt-Off
What do Trump’s tariffs mean for tech consumers and the future of AI?The New York Times - 3h -
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.The New York Times - 17h -
Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened
This live blog is now closed. For more coverage on Trump’s tariffs, click here:. US stock markets have worst day since Covid over Trump tariffs Global markets in turmoil amid Trump tariffs ...The Guardian - 12h -
Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive
Last year's high-flyers helped lead the broad market lower.CNBC - 17h -
Trump Media filing opens door for president to sell $2B in stock
Trump's social media company filed paperwork with the Securities and Exchange commission that could allow the president's trust to sell more than $2 billion of shares.ABC News - 2d -
Trump's former press secretary says he's 'posturing' on tariffs
Former White House press secretary Kayleigh McEnany, who's now a Fox News host, dismissed concerns about the implications of the new tariffs President Trump announced this week. "I firmly believe ...The Hill - 21h -
Apple leads a drop in tech stocks after Trump tariff announcement
Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs.CNBC - 1d -
Jim Cramer: Here's my advice for investors as stocks dive on Trump's tariffs
CNBC Jim Cramer says long-term investors must steel themselves as the stock market tanks on Trump's sweeping tariff announcement.CNBC - 20h -
Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.CBS News - 3h -
Tech stocks have worst day since Covid pandemic, led by plunge in Apple
Technology stocks plummeted Thursday after President Donald Trump's new tariff policies sparked widespread market panic.CNBC - 18h -
How Trump’s Reciprocal Tariffs Impact the Stock Market
What to know about the president’s trade war and how it impacts Wall Street.Inc. - 1d -
Treasury secretary to meet with House Republicans as Trump eyes new tariffs
It's the latest meeting House GOP conference chair Lisa McClain has set up with members of Trump's Cabinet in an effort to keep lawmakers in the loop on White House plans.NBC News - 3d -
Analysts: Trump tariffs 'worse than the worst case scenario' for tech investors
Analysts described President Trump’s latest slate of tariffs Wednesday as “worse than the worst case scenario” for tech investors. Trump announced a sweeping 10 percent tariff on goods from all ...The Hill - 1d -
Bitcoin slides to $81,000 as Trump tariffs jolt stock market
Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump's big tariffs reveal jolted the stock market.CNBC - 18h -
Investors flee U.S. stocks as Trump's tariff plan shocks global markets
Global markets reacted sharply and swiftly after President Donald Trump revealed his much-anticipated tariff plans Wednesday, with investors fleeing U.S. stock indexes and stocks of companies that ...NBC News - 1d -
Stocks finish higher after earlier losses as markets await Trump's tariff announcement
Markets whipsawed Monday morning before finishing in the green as opportunistic investors helped major indexes shrug off earlier losses ahead of President Donald Trump's expected tariffs ...NBC News - 4d -
Jim Cramer says Trump tariffs are more punitive than reciprocal
As President Donald Trump announced 'reciprocal tariffs' on Wednesday, CNBC's Jim Cramer said the president is focused on punishing U.S. trading partners.CNBC - 1d -
Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street
Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn. Global financial markets have been plunged into turmoil as Donald Trump’s escalating trade ...The Guardian - 4h -
Stock market plunges after Trump tariff announcement
The markets closed down around 4% after President Donald Trump’s announcement to slap reciprocal tariffs on global trading partners. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their ...NBC News - 18h -
Stocks plummet as Trump leans in on tariffs
Presented by National Council on Aging {beacon} Trump leans in on tariffs as stocks plummet President Trump's new tariffs on dozens of countries exporting goods to the U.S. sent markets into a ...The Hill - 16h -
NYSE’s Texas platform debuts with Trump’s social media stock
Shares of the president’s company fell on the state’s market amid a broad sell-off fuelled by his trade agendaFinancial Times - 3d -
Goods imported from China now face a 54% tariff rate — and possibly higher
Goods imported from China will now face a combined total tariff rate of 54%, Treasury Secretary Scott Bessent said Wednesday.NBC News - 1d -
Global stock markets fall as new Trump tariffs loom
Threat of deepening trade war on eve of Trump’s ‘Liberation Day’ spooks investors across US, Asia-Pacific and Europe. Stock markets across the world fell heavily on Monday after Donald Trump ...The Guardian - 4d -
Jim Cramer's top 10 things to watch in the stock market Thursday
Stock markets across the world are tumbling today after President Donald Trump's reciprocal tariffs were announced last night.CNBC - 1d -
World leaders blast Trump tariffs as markets slump
Foreign stock markets tumbled after opening on Thursday morning following President Donald Trump's announcement of a raft of tariffs on America's trade partners.ABC News - 1d -
Stephen Colbert Likens Trump’s Tariffs to an Economic Infection
“Has anyone thought about injecting our money with bleach?” Colbert said after President Trump’s new tariffs tanked the stock market on Thursday.The New York Times - 8h -
US stocks slide amid escalating tariff fallout
Stock markets continued their slide on Friday morning amid the shockwaves of President Donald Trump's "Liberation Day" tariffs.ABC News - 20m -
US’s Rubio shrugs off market falls at Nato press conference – Europe live
US secretary of state says ‘markets will adjust’ during press conference following Nato summit in Brussels. Asked further about Ukraine, Rutte lists a number of projects by Nato member states, ...The Guardian - 46m -
Trump's tariff bombardment sends global markets reeling
World stock markets and oil prices tumbled and investors dashed to the relative safety of bonds, gold and the yen Thursday, as President Donald Trump’s drastic U.S. trade tariffs stirred widespread ...NBC News - 1d -
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs
Dow futures have fallen more than 1,000 points in hours after Trump’s tariff announcement; business leaders warn of fallout from Trump’s trade war. Full report – Trump announces sweeping new ...The Guardian - 1d -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 2h -
Trump's tariffs spur stock meltdown
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Wall Street suffers worst day of losses since 2020 The stock market cratered ...The Hill - 15h -
Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending
Fintech and credit card stocks were hit particularly hard in the market rout that followed President Donald Trump's tariff announcement.CNBC - 17h -
Trump’s Tariffs Could Reshape the US Tech Industry
Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from President Trump’s trade policies, but some software firms expect more demand for their services.Wired - 1d -
Apple loses more than $300bn in market value from Trump tariff hit
iPhone maker one of Wall Street’s biggest casualties despite Tim Cook’s efforts to court US presidentFinancial Times - 17h -
Markets crater in response to President Trump’s tariffs
It was the worst day for the stock market since 2020 as investors absorbed the potential impact of an escalating trade war. NBC News’ Christine Romans reports on how the Trump administration is ...NBC News - 15h