Global markets reel as Trump tariffs stoke fear of economic ‘spiral of doom’
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors ...
Tag: Markets
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn ...
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Zach Perret, CEO and co-founder of Plaid, speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., ...
DeepSeek AI excitement spills over to Hong Kong’s IPO market
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025.Bloomberg | Bloomberg | Getty ImagesBEIJING ...
Conservative cable channel Newsmax shares plunge 77% after a dizzying 2-day surge
A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association annual convention in ...
Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management's multistrategy hedge fund beat the market with a 9% rally ...
Stablecoin issuer Circle files for IPO as public markets open to crypto
Jeremy Allaire, Co-Founder and CEO, Circle David A. Grogan | CNBCCircle, the company behind the USDC stablecoin, has filed for an ...
‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Market uncertainty should "peak" around the Wednesday tariff deadline, according to Evercore ISI.In a note this week, Julian Emanuel wrote ...
China’s artificial intelligence boom might help mitigate some tariff pain
Computer chip with Chinese flag, 3d conceptual illustration.Steven Mcdowell/science Photo Library | Science Photo Library | Getty ImagesBEIJING — For ...
How DeepSeek erased Silicon Valley’s AI lead and wiped $1 trillion from U.S. markets
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