Stocks in the U.S. swung sharply in early trade Monday, gyrating between losses and gains as investors sought to chart the Trump administration’s next move on tariffs. As markets opened, the S&P 500 fell 3.5% and briefly entered a bear market — when stocks fall at least 20% from their most recent high. The broad-based … Read more
I’m a proud third-generation New Yorker, and I never imagined leaving the city where everything seemed to be happening. After all, where else could I survive as a multi-hyphenate playwright, performer, and chess teacher? Whenever my friends moved out of the city, I’d secretly scoff and label their choice a failure while priding myself on … Read more
Stock markets across Europe and Asia plunged on Monday as fears over the global impact of US President Donald Trump’s trade tariffs deepened. The FTSE 100 opened more than 5% lower, following its steepest fall in five years on Friday. Germany’s Dax plummeted 10% in the first few minutes of trading, before recovering ground, after … Read more
Most Semiconductors, the silicon microchips that run everything from TV remote controls to humanoid robots are exempt from the slew of tariffs rolled out by the Trump administration last week. But that’s not the end of the story for the industry which also powers the immense shift in computing toward artificial intelligence that’s already underway, … Read more
England Golf Men’s Squad member Ben Bolton returned to winning ways with a two-shot victory in the 64th Berkhamsted Trophy held at Berkhamsted Golf Club in Hertfordshire from April 3-5. The 17-year-old from Staffordshire shot a level-par 284 over 72 holes, including a three-under 68 in each of his first two rounds. Played in warm … Read more
Elon Musk, one of President Donald Trump’s biggest supporters, has been locking horns with Trump’s top trade advisor, Peter Navarro. “A PhD in Econ from Harvard is a bad thing, not a good thing,” the Tesla and SpaceX CEO said of Navarro’s academic qualifications in an X post on Saturday. “Results in the ego/brains>>1 problem,” … Read more
US President Donald Trump’s tariffs have unleashed chaos across the globe, plunging the Indian equity markets to their 10-month low and wiping out investor wealth of over Rs 20 lakh crore within seconds. Sensex opened nearly 4,000 points lower, sliding over 3.5% since its last trading session, while Nifty tanked over 1,000 points this morning. The … Read more
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of … Read more
Ice cream stands are opening in the Stateline Area, a sure sign of spring. https://bloximages.newyork1.vip.townnews.com/beloitdailynews.com/content/tncms/assets/v3/editorial/d/e0/de05f364-6617-4b18-809d-35c6983b9e0c/67ec679042efc.image.jpg?crop=1290%2C677%2C40%2C204&resize=1200%2C630&order=crop%2Cresize 2025-04-07 02:00:00
Nikkei plunge nears 9% as Japanese bank stocks plummet Japan’s Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as concerns over a tariff-induced global recession continue to rip through markets. The Nikkei dropped as much as 8.8% to hit 30,792.74 for the … Read more