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Trump tariffs day 5 as it happened: US to proceed with extra 50% tariff on China; US stocks resume sell-off
Treasuries also slide after weak auction for three-year US government debtFinancial Times - 1d -
Nintendo Switch 2 Is Causing MicroSD Express Cards To Sell Out - Here's Where To Get One
The Nintendo Switch 2 offers a fairly massive upgrade when it comes to raw storage space. The 256GB onboard SSD is four times larger than the Switch OLED (64GB) and eight times the size of the ...GameSpot - 9h -
‘The White Lotus’ Luxury: How Branded Collaborations Are Capitalizing on Privilege
The hit HBO series satirizes luxury vacationers’ privilege. That hasn’t slowed demand for branded collaborations that sell the show’s lavish lifestyle.The New York Times - 4d -
Rite Aid Considers Alternative Bankruptcy Filing
Rite Aid is exploring the possibility of selling part or all of its operations as an alternative to filing for Chapter 11.Inc. - 3d -
EV targets watered down to help tariff-hit UK car industry
New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035Financial Times - 3d -
CNBC Daily Open: The trade wars begin
Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday.CNBC - 3d -
Hedge funds hit with steep margin calls
Plus, Fink warns on protectionism, US junk bonds sell-off, and the Dolce Vita Orient ExpressFinancial Times - 2d -
Gold prices surpass $3,000: Here are the implications for investors
You might be tempted to sell your gold assets now— but that's not the right move for most, experts say. Here's why.CBS News - 2d -
Dutch cannabis growers welcome expansion of state-run experiment to make sales legal
The Dutch government is allowing 80 “coffeeshops” in 10 towns and cities to only sell legally grown cannabis from licensed producersABC News - 2d -
What Happens When the Stock Market Crashes: Circuit Breakers Explained
During heightened volatility, circuit breakers can be triggered to curtail panic selling and prevent an extreme downward spiral.Inc. - 2d -
US stocks end slightly lower after turbulent session
Investors continue to assess tariff risks after heavy sell-off last weekFinancial Times - 2d -
Stock market whipsaws as Trump makes new China threat
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.CBS News - 2d -
FirstFT: Global market rout deepens as Trump’s ‘reciprocal’ tariffs kick in
Also in today’s newsletter, Musk calls Navarro a ‘moron’, and the hedge fund caught off guard by the sell-offFinancial Times - 18h -
Selling out during the market's worst days can hurt you, research shows — here's how much you could lose
Amid an ongoing market selloff, some investors may be tempted to cash out in a flight to safety. Yet research shows they'll likely regret it.CNBC - 2d -
Pro-Palestinian protester interrupts Microsoft AI CEO during live event
A pro-Palestinian protester interrupted a live presentation by Microsoft AI CEO Mustafa Suleyman, accusing the tech company of selling AI technology to Israel.NBC News - 5d -
Trump says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, but that markets "sometimes need to take their medicine."CNBC - 3d -
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.The New York Times - 3d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
Report: Liverpool ready to make risky transfer decision over €55m-rated star
Liverpool are reportedly ready to make a slightly risky transfer decision this summer and sell a key first-team player if they receive offers in the region of €55m.The player in question is ...Yahoo Sports - 1d -
Turkey sees opportunity in tariff turmoil, finance minister says
Mehmet Şimşek argues cheaper oil can help rebuild foreign reserves and ease inflation after sell-off last monthFinancial Times - 1d -
Memorabilia scammer forged Kardashian, Trump autographs for up to $550K, feds say
A scammer made hundreds of thousands of dollars by selling fake celebrity memorabilia, including forged signatures of the Kardashians and President Donal Trump, federal authorities said Monday.NBC News - 1d -
What Is Trump’s Tariff Endgame? Recession Fears Grow.
Another sharp sell-off in stocks and bonds greeted President Trump’s latest round of protectionist measures as fears of a U.S. recession grow.The New York Times - 17h -
Here's how China could crush the U.S. housing market
China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.CNBC - 10h -
Judge rules Trump administration must fully fund NIH research grants
ByteDance, the Chinese-based company that owns TikTok, is facing a Saturday deadline to either sell the popular social media app to a non-Chinese company or risk being banned in the U.S.NBC News - 5d -
‘Everyone can have a bit of White Lotus in their wardrobe’: how fashion fell in love with the hit show
As the third season of the social satire draws to its finale, the costumes featured in the series are selling out fast. The third season of The White Lotus finishes on Monday, marking the end ...The Guardian - 3d -
Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones Industrial ...The Hill - 3d -
Musk’s Dissent on Tariffs Sparks Backlash From White House Insiders
Can’t DOGE this: Trump trade adviser Peter Navarro snubs the billionaire’s call for a U.S.-E.U. free trade and immigration zone as the naivete of someone who “sells cars,” and “doesn’t understand” ...Inc. - 2d -
Bologna expect ‘entertaining match’ and make Orsolini promise
Bologna CEO Claudio Fenucci expects ‘an entertaining match’ against Napoli this evening and confirms Riccardo Orsolini received many offers, but they ‘never considered selling.’It kicks off at...Yahoo Sports - 2d -
Journalist hands Chelsea boost after major update on future of transfer target
Chelsea transfer target Jamie Gittens wants to leave German giants Borussia Dortmund this summer according to reports.The Blues are set for a busy summer and it’s believed they could look to sell ...Yahoo Sports - 1d -
The Strange Case of an Hermès Heir, an Emir and a Deal Gone Wrong
Nicolas Puech agreed to sell his multibillion-dollar stake in his family’s luxury goods empire to the royal family of Qatar, but then said he couldn’t gain access to his shares.The New York Times - 19h -
Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England
Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns. China announces 84% tariffs on all US goods Dramatic sell-off of US ...The Guardian - 18h