The S&P 500 failed to escape another day of losses Tuesday amid a roller-coaster trading session, closing about 0.5%.
Category Archives: business
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
What the White House wants and what the economic realities of manufacturing and trade are don’t line up, experts say.
Airline stocks fall as possible economic ‘soft patch’ raises demand concerns
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.
Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
It’s happening: Southwest Airlines will start charging passengers to check bags for the first time.
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummet
Global stocks sell-off pauses as investors catch their breath
Tumbling stock markets and rallying Treasury bonds steadied somewhat in Europe on Tuesday, as a modicum of calm returned to markets after the previous day’s dramatic moves.
Kyiv launches ‘largest’ drone attack on Moscow as Ukraine and U.S. try diplomacy
Ukrainian forces targeted Moscow on Tuesday with what Russian authorities are describing as the largest ever drone attack on the Russian capital.
Worst day of the year for markets
Markets suffered a steep sell off today following President Trump not denying that a recession could be a result of his trade policies. All three major indexes have seen a notable decline since the President’s first full day in office. NBC News’ Brian Cheung reports.
Arrest of pro-Palestinian activist sparks protests in New York
Mahmoud Khalil, a recent Columbia University graduate and legal permanent resident, was arrested by federal immigration agents at his apartment. Khalil has helped lead pro-Palestinian protests at the university. The Department of Homeland Security says he “led activities aligned to Hamas”. Khalil’s lawyer is challenging his detainment. NBC News’ Emilie Ikeda reports.
Dow falls nearly 900 points, Nasdaq dives 4% as stock selloff gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent inflation and a wobbling job market.