Latest in Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested
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Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested
Imamoglu, the popular 53-year-old mayor was seen as the next opposition party candidate for the Turkish presidency.CNBC - 10h -
Turkey Arrests Istanbul Mayor, Key Rival to President Erdogan
The mayor, Ekrem Imamoglu, was detained after prosecutors accused him of corruption and terrorism. The opposition said the arrest was politically motivated.The New York Times - 1h -
Police arrest Istanbul mayor and key Erdogan rival over alleged corruption and terror links
Police in Turkey arrested Istanbul’s mayor — a key rival of President Recep Tayyip Erdogan — as part of investigations into alleged corruption and terror links.NBC News - 14h -
Istanbul mayor, a key rival of Turkey's President Erdogan, is arrested
Critics say the arrest of Istanbul's mayor is part of a mounting crackdown by Turkey's president to silence all dissent.CBS News - 35m -
Turkish police detain Erdoğan’s main political rival
Lira and stocks fall as Istanbul’s mayor Ekrem İmamoğlu, a key challenger to president, heldFinancial Times - 7h -
Turkish president’s main rival is arrested. The lira is crashing.
Investors sold Turkish assets amid fears the detention will destabilize the NATO-member countryMarketWatch - 13h -
Istanbul mayor arrested days before likely presidential nomination
Ekrem İmamoğlu of CHP opposition party detained alongside 100 others accused of corruption and links to terror groups. Turkish police have arrested the mayor of Istanbul, detaining the primary ...The Guardian - 2h -
The alarming detention of the Turkish president’s rival
Move against Istanbul mayor brings fears of authoritarian slide by ErdoğanFinancial Times - 4h -
Erdogan rival arrested days before becoming presidential candidate
Protests erupt in the streets of Istanbul after the move, despite a four-day ban on demonstrations.BBC News - 7h -
Erdoğan’s main rival risks ban from Turkish vote after degree annulled
Popular Istanbul mayor faces potential disqualification from elections amid crackdown on oppositionFinancial Times - 1d -
Key Erdogan rival's diploma is revoked in a move that blocks him from Turkey's election
A university has invalidated Istanbul Mayor Ekrem Imamoglu's diploma in a move widely perceived as politically motivated to block him from from running in the next presidential raceABC News - 1d -
Brussels takes action against Google and Apple under Digital Markets Act – business live
Rolling coverage of the latest economic and financial news. Istanbul mayor arrested days before likely presidential nomination Is Trump driving the US into a recession? – in charts ...The Guardian - 7h -
Florida Mayor Drops Threat to Evict Cinema Over Showing of ‘No Other Land’
After an emotional city meeting, the mayor of Miami Beach dropped his effort to end a theater’s lease over its showing of “No Other Land.”The New York Times - 5h -
A 10% drop for stocks is scary, but isn't that rare
The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade warABC News - 5d -
Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’
New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...The Hill - Mar. 11 -
Latest news on the stock markets after an unsettling week for investors
Stock markets reeled this week after news varied over President Trump's tariffs and investor fears. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 5d -
Are we now in a stock-market correction, pullback or bear market? Here are 6 charts to watch.
After a turbulent month for U.S. stocks, many investors are wondering: What’s happening with the market, and where is it heading next?MarketWatch - 5d -
Tom Lee calls Monday’s stock-market tumble an overreaction. What to watch now.
Tom Lee, one of the more optimistic voices on Wall Street, says that the stock-market drop on Monday was an overreaction as he points to key events this week that could stabilize indexes.MarketWatch - Mar. 11 -
Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
After three weeks of unrelenting declines, U.S. stocks slid into the market’s “danger zone” on Monday.MarketWatch - Mar. 10 -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - Mar. 11 -
Stock futures fall as Bessent dismisses market worries: ‘Corrections are healthy’
U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street.MarketWatch - 2d -
The Trump administration says this is a ‘healthy’ stock-market correction. Can the S&P 500 avoid a bear market?
White House tariffs have some investors on edge that a trade war risks triggering a recession, potentially pushing U.S. stocks into a bear market after their recent correction.MarketWatch - 2d -
Florida mayor drops threat to evict cinema over No Other Land screening
The Oscar-winning film, about a Palestinian community resisting displacement and violence from Israeli forces, has become the latest focus of a culture war in the state. After a week of ...The Guardian - 5h -
March’s dizzying stock-market drop could be a buying opportunity — so long as this doesn’t happen
The speed with which stocks have slumped over the past few weeks has taken many by surprise. Just two-and-a-half months earlier, investors had been celebrating a second straight year of blockbuster ...MarketWatch - Mar. 12 -
European stocks steady after US markets plunge
The global sell-off eases in Europe after US shares are hit by President Trump saying the economy is in "transition".BBC News - Mar. 11 -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - Mar. 11 -
Court recommends charges against NYC Mayor Adams dropped
A court-appointed lawyer has advised a federal judge that corruption charges against New York City Mayor Eric Adams should be dropped. Meantime, sources tell NBC News two federal prosecutors in ...NBC News - Mar. 8 -
The Stock Market Tends to Rally Big After a Correction
The S&P 500 is down 10 percent from its recent high, but long-term investors shouldn’t sweat it.Inc. - 5d -
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.NBC News - Mar. 11 -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - Mar. 10 -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - Mar. 11 -
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 - Mar. 7 -
Treasury Department Secretary says he’s 'not worried about the markets'
Treasury Department Secretary Scott Bessent said on Sunday that he is “not worried about the markets” after a rough week for the stock market. “I can tell you that corrections are healthy, they’re ...The Hill - 3d -
What Is a Stock Market Correction?
The S&P 500 has fallen 10.1 percent from its recent high, crossing a threshold that signals investors have turned pessimistic about stocks.The New York Times - 6d -
Denver mayor tags arrest of leading immigration advocate as 'Putin-style political persecution'
Denver Mayor Mike Johnston blasted the Trump administration for "Soviet-style political persecution of political dissidents" by arresting high-profile Colorado immigration advocate Jeanette ...NBC News - 1d -
How New York’s Mayor, Eric Adams, Wooed Donald Trump
Mayor Eric Adams’s charm campaign involved phone calls to the Trumps and a meeting with Steve Bannon. Mr. Trump showed sympathy for the mayor, as his administration moved to drop charges against ...The New York Times - 4d -
What to know after Monday's market downturn
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...CBS News - Mar. 11 -
Stocks tumble after Trump imposes tariffs and Ukraine's largest drone attack on Moscow: Morning Rundown
Trump changes tone on markets as stocks tumble. Ukraine's largest drone attack on Moscow. Love isn’t blind to politics. Push to treat measles with supplements.NBC News - Mar. 11 -
Tesla bounces for second day after steepest drop since 2020
The electric vehicle company has shed more than 40% in market value since President Donald Trump took office.CNBC - Mar. 12 -
NYC mayoral candidate confronts Trump border czar over ICE arrest of Columbia graduate
New York State Assembly member and mayoral candidate Zohran Mamdani confronted President Trump's border czar, Tom Homan, in Albany on Wednesday over the recent arrest of Columbia University ...The Hill - Mar. 12