One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty-two days of losses. More than $6.5 trillion wiped from the value of public companies. For financial markets, the 7 percent drop in the S&P 500 is the worst start to a presidential term since Gerald R. Ford took over from…
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies have been trying to win him over. Leaders of Nvidia, Facebook, Taiwan Semiconductor Manufacturing Company and Alphabet have visited his newly purchased $25 million property in Washington — a 16,250-square-foot mansion that Mr. Lutnick, a…
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about these things and not fully understand what’s going on or how it may affect their family’s finances. But if the children have questions, parents should be ready to talk, experts say. “Parents are the biggest influence on…
The stock market is heading for a weekly gain, as investors latch on to any signs of easing trade tensions. The head of an American business group in China on Friday said that the Chinese government is considering exempting some products from its 125 percent retaliatory tariffs on U.S. goods. Michael Hart, president of the…
Stocks rose on Thursday, extending a two-day rally as investors hope for an easing of President Trump’s trade wars and weigh comments on its impact from a Federal Reserve official. The S&P 500 gained more than 1 percent after stalling in early trading. The index has seesawed this week: Monday saw a sharp sell-off, followed…
Markets slipped on Thursday, reversing some of the gains from a heady two-day rally, after officials in China said they were not holding talks with the United States about easing trade tensions between the superpowers. Stocks in Asia were mixed, while benchmarks in Europe turned mostly lower in early trading. Futures for the S&P 500…
Last year was tough for Acadia Healthcare, one of the country’s largest providers of mental health services. A slew of federal agencies opened investigations into whether Acadia illegally held patients against their will in its psychiatric hospitals, as described in a New York Times investigation in September. The federal inquiries rattled investors, causing Acadia’s stock…
For a president who advertises himself as a paramount deal maker, the next 11 weeks will be a pivotal test, as his advisers race to accomplish what no other administration has done before and reach dozens of individual trade deals with other governments. President Trump has promised big gains for American trade, and officials from…
Share prices of big technology companies declined in Asia on Wednesday, dragging broader markets lower, after Nvidia, the American chip giant, revealed that the U.S. government would restrict sales of some of its chips to China. They are the first major limits that President Trump’s administration has put on semiconductor sales abroad. Nvidia dominates the…
Representative Marjorie Taylor Greene, Republican of Georgia, disclosed on Monday that she had purchased between tens and hundreds of thousands of dollars’ worth of stock on April 8 and 9, the day before and the day of President Trump’s announcement that he was pausing a sweeping set of global tariffs, a pivot that sent the…