Breaking News: Investing
Bitcoin slides to $81,000 as Trump tariffs jolt stock market
Harun Ozalp | Anadolu | Getty Images Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump’s big tariffs reveal jolted the stock market. The price of the flagship cryptocurrency was last lower by 5% at $81,849.63, according to Coin Metrics. Ether fell 7% and the token tied to Solana dropped 13%. Shares […]
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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 of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in […]
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Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
In this article NMAX Follow your favorite stocksCREATE FREE ACCOUNT A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 29, 2022. Callaghan O’hare | Reuters Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric […]
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These European stocks have the most to lose from Trump’s tariffs
European exporters to the U.S. may face significant headwinds from new tariffs President Donald Trump is expected to unveil Wednesday afternoon . While details remain scarce ahead of a Rose Garden ceremony at 4 p.m. ET, investors have been bracing themselves for broad-based levies on imports. Treasury Secretary Scott Bessent previously called out the “Dirty 15,” […]
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Manhattan’s luxury real estate market sees best first quarter in six years
People walk by a view of residential luxury towers along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Manhattan apartment sales jumped 29% in the first quarter from the […]
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Trump’s tariffs are a new challenge for Big Pharma. Here are the best-positioned stocks
Long-standing trade agreements have largely sheltered the pharmaceutical industry from tariffs but President Donald Trump’s goal of bringing manufacturing back to the United States has put the industry in the administration’s crosshairs. Trump first floated the idea of imposing tariffs of as much as 25% on imported pharmaceuticals in mid-February. Since then, he has repeated […]
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Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management’s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump’s uncertain tariff policy. The Apex strategy from Cliff Asness’ firm, which combines stocks, macro and arbitrage trades and has […]
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RFK Jr. is a ‘conspiracy theorist’ endangering lives, say analysts at Howard Lutnick’s former firm
In this article Follow your favorite stocksCREATE FREE ACCOUNT US President Donald Trump speaks to the press before signing an Executive Order, alongside US Secretary of Health and Human Services Robert F. Kennedy Jr. (L) and US Secretary of Commerce nominee Howard Lutnick (R), at the Oval Office of the White House in Washington, DC […]
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‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Fast Money ‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs Published Mon, Mar 31 20256:54 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Hedge funds turn defensive amid tariff chaos, selling tech stocks at the fastest pace in 6 months
Hedge funds are dumping stocks at a rapid pace as President Donald Trump’s aggressive tariff agenda spiked volatility on Wall Street. These professional traders have net sold global equities for six weeks in a row, with last week’s notional de-grossing amount reaching the largest level since July, according to data from Goldman Sachs’ prime brokerage unit. The […]
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