Dow Jones Tumbles 500 Points Amid Fallout From Trump Slapping Tariffs Globally, Weak Jobs Report Dow Jones was down 1.3% at the time of writing, declining 560 points, while the S&P 500 index tumbled 1.5% and the Nasdaq 100 index was down 1.8%.
US Jobs Report Shows 73,000 Payroll Additions In July According to data from the U.S. Bureau of Labor Statistics (BLS), the unemployment rate stood at 4.2% in July.
Trump Slams Powell Again As Michelle Bowman, Christopher Waller Dissent On Rate Cut Delays The Federal Reserve on Wednesday kept the key borrowing rates unchanged, maintaining the federal funds rate in the 4.25% to 4.5% range.
Trump Asks Fed Board To ‘Assume Control’ If Powell Continues To Refuse To Lower Rates Trump’s latest attack on the Fed Chair follows a status quo policy by the central bank in its July meeting.
Stock Market Today: Futures Drop On 'Aug 1' Tariff Deadline Fears, Chevron, Exxon, Apple, Amazon In Focus U.S. stock futures fell sharply on Friday after ending lower on Thursday. Futures of major benchmark indices were down.
Mark Cuban Says Cutting PBM Fees Won't Reduce Pharmaceutical R&D Funding: 'Manufacturers Can Sell To Us For More' Mark Cuban challenges the idea that high drug prices are necessary for R&D, PBMs take away from profits, leaving less for innovation.
Nasdaq, S&P 500 Futures Slip Ahead Of July Jobs Data — Trump Tariffs, Mixed Big Tech Earnings Dent Sentiment On Thursday, stocks succumbed to concerns about tariffs and macroeconomic worries, which offset the optimism generated by solid quarterly results from Meta and Microsoft.
As Trump’s Tariffs Take Effect, These 7 Trading Partners Managed To Seal Deals Before August Deadline The president stated that some trading partners have agreed to, or are on the verge of agreeing to, meaningful trade and security commitments with the U.S., thereby signaling their sincere intention to address trade barriers permanently
Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose' Economist Peter Schiff is criticizing the Federal Reserve on inflation, arguing that the central bank is underestimating persistent price pressures.
Meta, Microsoft, Applied Digital, Shake Shack, Arm: Stocks Making The Biggest Moves Today Meta Platforms shares surged more than 12% in Thursday’s midday trade after the company’s second-quarter earnings blew past Wall Street expectations.
Trump Extends Mexico Tariff Reprieve For 90 Days President Trump said he spoke to Mexican President Claudia Sheibaum, saying that he had a “very successful” call with her.
Trump’s Brazil Tariff Proposal Reportedly Draws Fire From Senate Democrats Senators are concerned that President Donald Trump’s tariffs on Brazil are being used to stop the prosecution of former Brazilian President Jair Bolsonaro.
Confluent, Western Digital, Microsoft Draw Highest Retail Chatter On Stocktwits After Blowout Earnings Confluent saw retail chatter surge 2,400% in 24 hours after the company reported better-than-expected second-quarter earnings.
BREAKING: PCE Index Rises 2.6% In June Excluding food and energy, the PCE price index increased 2.8% from one year ago.
Microsoft, Meta Stocks Add $440 Billion In A Day—Nearly Matching Netflix's Entire $503 Billion Market Cap Microsoft and Meta Platforms added over $400 billion in market capitalization after reporting robust earnings results on Wednesday.
