Trump Tariffs Wipe Out $2T From Stocks
By Jeran Wittenstein and Carmen Reinicke"There’s really not anybody getting spared in absolute terms," said Natixis strategist Garrett Melson.
April 02, 2025
Trump’s Tariffs Send Shockwaves Across Global EconomyThe tariffs were “much worse than we feared,” an economist says.
April 02, 2025
SEC to Restructure Regional OfficesThe change impacts 10 locations and will become effective April 9.
April 02, 2025
Senate Unveils Plan to Fast-Track Tax Cuts, Debt Ceiling HikeIt includes a $4 trillion extension of Trump’s tax cuts and $1.5 trillion in other levy reductions.
April 02, 2025
El-Erian Sees Fed Delivering One Rate Cut in 2025Plus, the market hasn’t priced in a 50% chance that new tariffs will lead to stagflation “that paralyzes policymakers.”
April 02, 2025
Cerity Partners Adds $1.9B West Coast FinancialThe Santa Barbara-based RIA will enhance Cerity’s ability to deliver alternative investment offerings, including in real estate.
April 02, 2025
Ex-Morgan Stanley Advisor Sentenced to 12 Years in Fraud SchemeJesus Rodriguez of El Paso, Texas, spent clients' money on himself, including a Lamborghini purchase, authorities found.
April 02, 2025
Gary Shilling Says 'Hold Extra Cash' as Recession Is Near, Bear Market LikelyA recession could already be underway, Shilling said.