World
Jamie Dimon says a recession is ‘likely outcome’ from Trump’s tariff turmoil
Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. Mike Segar | Reuters JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald […]
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Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle […]
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Trump’s morning ‘buy’ call nets huge returns for those who listened
President Donald Trump Saul Loeb | AFP | Getty Images Investors who followed President Donald Trump’s blunt advice to buy stocks on Wednesday morning received a windfall when the president hours later rolled back some of his market-ruining tariffs. At 9:37 a.m. ET, just minutes after the opening bell, Trump posted on Truth Social that […]
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Goldman forecast a recession, then almost immediately rescinded it after Trump tariff pause
Goldman Sachs walked back a recession forecast Wednesday shortly after President Donald Trump announced a 90-day tariff “pause” on dozens of trading partners. The firm’s call came amid a broader market surge Wednesday afternoon, as investors cheered the news after an extremely volatile trading period for U.S. markets. Trump’s pause implies that the tariff level […]
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Bitcoin surges more than 7% in broad market relief rally as Trump pauses some tariffs
Jakub Porzycki | Nurphoto | Getty Images Bitcoin spiked on Wednesday afternoon after President Donald Trump said on social media that he authorized a 90-day pause on tariffs. The price of the flagship cryptocurrency was last higher by more than 7% at $82,350.37, according to Coin Metrics. Earlier, it fell as low as $74,567.02 as […]
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Trump announces 90-day tariff pause for at least some countries
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump on Wednesday announced a 90-day pause on the full effect of his new tariffs for at least some […]
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Investors flee to German bonds as Trump tariffs spark Treasury sell-off
Global bond markets were gripped by volatility on Wednesday, as the rollout of U.S. President Donald Trump’s reciprocal tariffs left investors scrambling to find safety in new areas — including German debt. U.S. Treasurys sold off on Wednesday as a new wave of duties came into force and China and the European Union announced fresh […]
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Bonds crater, 10-year yield briefly spikes above 4.5% in confounding move that’s worrying Wall Street
Traders work in the S&P 500 Index (SPX) options pit at the Cboe Global Markets exchange in Chicago, Illinois, US, on Tuesday, April 8, 2025. Jim Vondruska | Bloomberg | Getty Images The bond market — not a plunging stock market — is the talk of Wall Street Wednesday with prices tumbling and yields spiking, […]
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The future of autonomous driving: Pony.ai CEO on the rapidly developing driverless car space
In this episode of Beyond the Valley, James Peng, Pony.ai’s co-founder and CEO, speaks to CNBC’s Arjun Kharpal about the rapid advancements in driverless technology. Autonomous driving is quickly evolving, with Pony.ai at the forefront of this transformation. In this episode of Beyond the Valley, James Peng, Pony.ai’s co-founder and CEO, spoke to CNBC’s Arjun […]
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S&P 500 ticks higher even as global trade tensions intensify: Live updates
Washington, DC – March 12 : President Donald J Trump meets with Ireland’s Prime Minister Michael Martin in the Oval Office at the White House on Wednesday, March 12, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images The S&P 500 inched higher Wednesday, as traders looked for a market bottom […]
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