Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the…
Category: Economy
Mortgage rates slingshot higher as tariff uncertainty roils markets
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market.…
Judge says White House can’t ban AP from Oval Office, Air Force One
Associated Press journalists were blocked from events with President Trump after not reflecting his name change of the Gulf of…
Tech analyst responds to Trump wanting Apple to make iPhones in U.S.: ‘I don’t think that’s a thing’
Needham analyst Laura Martin said Apple's costs would skyrocket if it began building its marquee product in the U.S. ...
Apple’s 4-day slide puts Microsoft back on top as most valuable company
Among the tech megacap companies, Apple has been the hardest hit by President Donald Trump's tariffs. ...
Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump…
Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.…
Airlines expected to cut 2025 outlooks as travel demand falters
Wall Street analysts have slashed their price targets for U.S. airlines and downgraded ratings as concerns about travel demand grow.…
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald…