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Dow drops 1,300 points, S&P 500 falls nearly 4% as market pares back gains from historic rally

Dow drops 1,300 points, S&P 500 falls nearly 4% as market pares back gains from historic rally

Apr 10, 2025 | Economy, Inflation, Recession, Tesla

Hakyung Kim and Sean Conlon CNBC Stocks fell Thursday, giving back much of the gains from the historic rally seen in the previous session after President Donald Trump announced a 90-day reprieve on some of his “reciprocal” tariffs. Investors worried that even with the...
Trump’s sweeping tariffs could mean a US recession, much higher inflation: Economists

Trump’s sweeping tariffs could mean a US recession, much higher inflation: Economists

Apr 3, 2025 | Agriculture, Economy, Inflation, Tesla

Paul Davidson – USA TODAY The sweeping tariffs President Donald Trump announced Wednesday, combined with his other import levies, likely would plunge the nation and world into a deep recession if he follows through on the plan, economists say. It’s likely,...

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