Latest in Street Sell
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Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 1d -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 1d -
3/11: CBS Evening News Plus
Wall Street reacts to Trump's tariff flip-flopping with Canada; Reporter's Notebook: "Animal spirits" and the stock marketCBS News - 18h -
Goldman Sachs flinches and lowers its S&P 500 target. The mechanics are the interesting part.
It’s been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.MarketWatch - 11h -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 9h -
Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies
Comments from Wall Street bosses come as president’s import tariffs fuel US recession fearsFinancial Times - 5h -
I fled our $2.2M home due to domestic abuse. I’m on the loan, but we’re both on the title. My husband won’t sell. What now?
“He contributed a $1 million down payment. I mortgaged the rest in my name.”MarketWatch - 3d -
College basketball buy or sell: Did NC State make the right move to can Kevin Keatts after Final Four run?
Does North Carolina have the most on the line entering the next wave of conference tournaments? Should there be a bigger debate for the top overall seed? We answer those questions and more with ...CBS Sports - 2d -
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?
“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”MarketWatch - 2d -
Sell the Sizzle, Not the Fake. Impossible Foods CEO Peter McGuinness Says the Plant-Based Meat Industry Needs to Market Taste Over Virtue, or Science
‘We’ve done a lousy job’ of bringing people to the table, he says.Inc. - 7h -
Hard-hit stocks catch another bid — plus, how our sell-off strategy has paid off so far
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 5h -
This cornhole league inspired a bounty hunt for single men. It's now sold out.
Determined to find enough men to sell out his cornhole league for singles, Tommy Flaim decided to take an extreme, and somewhat comical, measure.NBC News - 4d -
Curtis Sittenfeld Goes Home Again
The best-selling bard of female anxiety rakes over some middle school memories while visiting the city where she grew up.The New York Times - 2d -
In Napa Vineyards, AI Boosts Grape Expectations
Artificial intelligence applications, from smart tractors to precision irrigation, are making their way into viticulture, while generative AI is creating labels and helping sell wine.Inc. - 2d -
Super Micro’s stock has its doubters, but it just got a vote of confidence
Super Micro is a “show-me story,” says a Rosenblatt analyst, but he sees room for gross margins to expand as the company sells more to enterprise customers.MarketWatch - 1d -
3/10: CBS Evening News
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off; Former MLB pitcher Art Schallock dies at 100CBS News - 1d -
Dell is a buy as the AI sector takes a hit, Jim Cramer says
As the market sell-off continues, CNBC's Jim Cramer suggested Dell is a good stock to buy even while investors lose faith in the validity of the AI boom.CNBC - 1d -
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 - 5d -
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 - 2d -
Syrian Kurds celebrate deal with Damascus as coastal residents remain wary after violence
In northeast Syria, revelers took to the streets after the announcement of a breakthrough deal between the central government in Damascus and local Kurdish-led authoritiesABC News - 1d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 1d -
Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors
While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.MarketWatch - 8h -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 3h -
Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.The New York Times - 4d -
Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...NBC News - 2d -
Trump says he's going to buy a Tesla as more Americans say they won't
After one of the worst single day sell-offs in Tesla’s history, President Donald Trump is throwing his support behind his advisor, billionaire Elon Musk, vowing to buy one of his carsABC News - 1d -
Stocks Pare Losses After Trump’s Moves and Comments Rattled Investors
Weeks of selling culminated on Monday with the S&P 500’s worst day of the year. Markets were somewhat calmer on Tuesday but investors continue to puzzle over President Trump’s policies.The New York Times - 1d -
Celebrations and protests in the US and around the world mark International Women’s Day
From Istanbul and Warsaw to New York and Los Angeles, activists demand equality and the end of gender-based violence. Women took to the streets of cities across Europe, Africa and elsewhere to mark ...The Guardian - 4d -
Violence Sweeps Coastal Syria, Sowing Chaos: ‘We Have to Get Out of Here’
Residents described shootings outside their homes and bodies in the streets in Syria’s worst unrest since Bashar al-Assad’s ouster. More than 1,000 people have been killed since Thursday, a war ...The New York Times - 3d -
'The White Lotus' Season 3, Episode 4 recap: Pick up the phone, some answers are calling
A few worrisome calls lead our characters to spiral and venture outside of the White Lotus resort, with one group on a boat and another on the streets, where they get shot — with water.Los Angeles Times - 2d -
How to Turn Cities Into Biketopias? Make it Harder to Drive There
In New York and other cities where congestion pricing policies, bike infrastructure projects, and car bans have been put in place, cyclists are finding the streets more welcoming.Wired - 2d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - 2d -
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 - 1d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 1d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 1d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 1d -
Clowns and musicians bring the joy of Carnival to sick children in a Rio hospital
Clowns complete with red noses and tutus sung Carnival songs to sick children on the pediatric ward of a Rio de Janeiro hospital on Tuesday, bringing the ebullient festivities normally found on the ...ABC News - 18h -
How concerned should Americans be about a potential recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...CBS News - 11h -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 11h