Black Thursday

The S&P 500 (SNPINDEX: ^GSPC) fell into correction territory in March as investors processed the abrupt shift in U.S. trade policy under the Trump administration. The losses accelerated in April when the president unveiled an aggressive slate of reciprocal tariffs. At present, the benchmark index is 14% below its high.…

Funny customer having regrets for buying so much after leaving the supermarket getty Money talks, and right now Americans aren’t feeling confident about their financial future. Consumer confidence numbers crashed to 92.9 for March 2024, hitting lows not seen since early 2021. The numbers paint a stark picture. While unemployment…

Argentine President Javier Milei's involvement in the cryptocurrency $LIBRA will face a congressional inquiry - Copyright AFP/File Luis ROBAYO Argentina’s Congress on Tuesday backed the creation of a commission of inquiry into a cryptocurrency promoted by President Javier Milei that soared then crashed, losing investors hundreds of millions of dollars.…

Bill Ackman has a warning for President Donald Trump: Hit pause on the trade war or risk crashing the economy. Suggested Reading How Trump’s tariffs could make your iPhone cost $3,500 Suggested Reading “The country is 100% behind the president on fixing a global system of tariffs that has disadvantaged…

Donald Trump is defending his tariff plan with poorly sourced hype videos. The president shared an X video, a copy of a TikTok post, to his Truth Social account Friday morning calling his economic plans “genius” without much substance. The video starts out by saying Trump is crashing the economy…

The president’s tariff war is also a constitutional crisis. President Donald Trump holds a reciprocal tariffs poster during a tariff announcement in the White House on April 2, 2025.(Kent Nishimura / Bloomberg via Getty Images) Donald Trump’s startling new tariffs amount to a declaration of war against the entire planet.…

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Exclusive The poorest in society will carry the burden, it is claimed Harry Cole , Political Editor Published: 21:30, 19 Mar 2025 Updated: 11:03, 20 Mar 2025 THE rush to Net Zero risks wiping ten per cent off economic growth by the end the decade and triggering a financial crash,…

Everyone knows Trump is messing up, but fear and greed prevent resistance. President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange on December 12, 2024, in New York City.(Spencer Platt / Getty Images) Normally, it’s a mistake to blame the fluctuations of…

Republicans are trying to spin Donald Trump’s decision to kneecap the U.S. stock market by arguing that the United States doesn’t actually want to have a booming economy. Montana Senator Tim Sheehy appeared on CNN Wednesday evening, where he was faced with a brutal CNN poll that found a whopping…