The notion that the Federal Reserve will rush in to rescue investors in a crisis has comforted investors for decades. But in the big market downturn induced by President Trump’s tariffs, no Fed rescue is in sight. Jerome H. Powell, the Federal Reserve chair, made that clear on Friday. The tariffs are much “larger than…
Investors around the globe this week sent President Trump a clear message about his new tariff policy, announced triumphantly as a remaking of the economic order. They don’t like it. The S&P 500 fell 6 percent on Friday, bringing its losses for the week to 9.1 percent. Stocks hadn’t fallen this far this fast since…
Follow live updates on today’s jobs report and the global market turmoil from Trump’s tariffs. Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company’s move is one of the first and…
“Inflation is a low drip, like boiling a frog: The impact kind of creeps up on you, but when it hits, it doesn’t feel good,” Mr. Haynes said. Don’t fool yourself into thinking you can bail out of stocks now, then jump back in when the market stabilizes. Gains historically have come in unpredictable spurts,…
Share prices fell for a second day on Friday in Asia, and futures market trading indicated that American share prices might soon tumble further as well, as worries persisted about the economic effect of President Trump’s broad tariffs. The Nikkei 225 Index in Japan fell 2.8 percent. That matched a drop on Thursday after Mr….
Markets around the world shuddered on Thursday after President Trump announced across-the-board 10 percent tariffs on all U.S. trading partners except Canada and Mexico, as well as even higher tariffs on dozens of America’s other main trading partners. Futures on the S&P 500, which allow investors to trade the index outside normal trading hours, slumped…
President Trump’s social media company, Trump Media & Technology Group, filed to re-register for sale billions of dollars’ worth of shares that he has in the company and that are held in a trust overseen by his eldest son. The registration statement, filed with the Securities and Exchange Commission on Monday, permits the trust to…
President Trump has settled on a final plan for sweeping “reciprocal” tariffs, which are expected to take effect on Wednesday after he announces the details at an afternoon Rose Garden ceremony. The White House press secretary, Karoline Leavitt, confirmed the timeline in a briefing with reporters on Tuesday, adding that Mr. Trump had been huddling…
Stocks in Asia tumbled Monday as investors braced for a week of market tumult caused by the expected announcement of yet more tariffs by President Trump on America’s biggest trading partners. Since taking office a little over two months ago, Mr. Trump has kept investors and companies guessing with a haphazard rollout of what he…
Shares of CoreWeave, the first artificial intelligence start-up to go public, opened their first day of trading on Friday at $39. That was down slightly from the initial public offering price of $40, which CoreWeave set a day earlier after reducing the size and value of its I.P.O. The company’s share price, trading under the…