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Cathie Wood Weighs In On Trump's 'Tariff Turmoil' And Potential Economic Impact: 'If President Trump Cares About His Legacy…'

Cathie Wood, CEO of Ark Invest, on Friday warned that President Donald Trump's new tariffs could push the U.S. economy into a recession but remained optimistic that innovation and smart policy could lead to a recovery.

Source: www.benzinga.com
April 05, 2025 | 08:29:00
Category: News

Treasury Secretary Scott Bessent Says Stock Market Decline Is Due To China's DeepSeek, Not Trump's Policies: 'Mag 7 Problem, Not A MAGA Problem'

Scott Bessent, the U.S. Treasury Secretary, has attributed the recent stock market decline to the Chinese AI tool DeepSeek rather than President Donald Trump's policies. What Happened: During an interview with conservative commentator Tucker Carlson, Bessent emphasized that the market downturn ...

Source: www.benzinga.com
April 05, 2025 | 07:28:12
Category: News

Wall Street's one-day loss tops the entire crypto market cap

The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump's tariffs continue to ramp up.On April 4, the US stock market lost $3.25 trillion - around $570 billion more than the entire ...

Source: cointelegraph.com
April 05, 2025 | 05:54:02
Category: News

'If You're Going To Do Dumb Things Because Your Stock Goes Down…:' Warren Buffett's Old Warning Gains Steam As US Stocks Wipe Out $5 Trillion After Trump Tariffs

Chamath Palihapitiya, in a post on X, has shared an old video in which renowned investor Warren Buffett has shared his thoughts on the emotional and psychological aspects of stock ownership, emphasizing the importance of staying calm during market volatility.

Source: www.benzinga.com
April 05, 2025 | 06:12:48
Category: News

Trump Tariffs Erode $5 Trillion In Market Cap In 2 Days As China Retaliates, Jerome Powell Warns Of Inflation - NVIDIA ( NASDAQ:NVDA )

The U.S. markets faced a severe downturn as tensions between the U.S. and China escalated following the announcement of new tariffs by President Donald Trump.

Source: www.benzinga.com
April 05, 2025 | 04:37:35
Category: News

Former Microsoft CEO Steve Ballmer Says Trump's New Tariffs Could Spark Global Turmoil, Hurt Consumers As Satya Nadella-Led MSFT's Stock Drops 14% YTD - Microsoft ( NASDAQ:MSFT )

On Friday, former Microsoft Corp. MSFT CEO Steve Ballmer expressed concern that President Donald Trump's new tariffs could lead to global turmoil and negatively impact consumers, especially as Microsoft's stock faces a 14.03% drop year-to-date.

Source: www.benzinga.com
April 05, 2025 | 04:59:50
Category: News

Trump's 'Liberation Day' tariffs wipe $5 trillion off Wall Street - ETCFO

This past week witnessed severe turmoil in the global economy, driven by escalating trade tensions between the U.S. and China. Significant losses in U.S. stock markets, the highest tariffs in over a century, and rising recession fears characterized this pivotal period, prompting investors and ...

Source: cfo.economictimes.indiatimes.com
April 05, 2025 | 02:58:04
Category: News

India's forex kitty surges to 5-month high at $665.4 billion - ETCFO

India's foreign exchange reserves surged by $6.6 billion to a five-month high of $665.4 billion for the week ended on March 28, 2025, data released by the Reserve Bank of Indian on Friday showed.

Source: cfo.economictimes.indiatimes.com
April 05, 2025 | 03:06:14
Category: News

US tariffs to hit India's GDP growth, prompt more rate cuts - ETCFO

Goldman Sachs forecasts a slowdown in India's economic growth due to recent U.S. tariffs, expecting deeper interest rate cuts from the central bank. Growth is anticipated to drop by 20-40 basis points, while inflation remains close to the RBI target.

Source: cfo.economictimes.indiatimes.com
April 05, 2025 | 03:09:11
Category: News

Pawbiotix: Review the Powerful Canine Probiotic Formula for Pet Health

St. Petersburg, April 04, 2025 ( GLOBE NEWSWIRE ) -- As pet owners, we all want our furry companions to live long, healthy, and happy lives. One crucial aspect that contributes to their overall well-being is their gut health.

Source: www.benzinga.com
April 05, 2025 | 03:31:27
Category: News

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