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‘Big Short’ investor Steve Eisman on tariff turmoil: Don’t be a hero
Finance

‘Big Short’ investor Steve Eisman on tariff turmoil: Don’t be a hero

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Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs
Technology

Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs

U.S. President Donald Trump’s adviser Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, U.S. March 30, 2025.  Vincent Alban | Reuters Technology stocks fell for a third session on Monday, continuing the momentum of last week’s […]

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Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker
World

Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker

Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs […]

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Market crash not part of Trump’s strategy, says top White House economic advisor
Politics

Market crash not part of Trump’s strategy, says top White House economic advisor

White House economic adviser Kevin Hassett stands next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025.  Leah Millis | Reuters A crashing stock market is not part of an intentional strategy by President Donald Trump, White House National Economic Council director Kevin Hassett […]

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Warren Buffett’s Berkshire Hathaway is weathering the historic market rout, still up 9% this year
World

Warren Buffett’s Berkshire Hathaway is weathering the historic market rout, still up 9% this year

Warren Buffett’s Berkshire Hathaway fared better than the S & P 500 in a brutal week as investors embraced the safety of a cash-rich conglomerate while President Donald Trump’s aggressive tariffs wreaked havoc on Wall Street. Class B shares of the Omaha-based parent of Geico insurance and BNSF Railway fell 6.2% last week, less than […]

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Tech megacaps lose .8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years
World

Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years

SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images No one is getting hit harder than technology megacaps as markets hit selloff mode. Once powering the market to new highs, the group known as the Magnificent Seven […]

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Dow futures tumble a second day, losing 1,100 points after China retaliates to Trump tariffs: Live updates
World

Dow futures tumble a second day, losing 1,100 points after China retaliates to Trump tariffs: Live updates

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. […]

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CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
World

CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red

U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists on board Air Force One en route to Miami, Florida, on April 3, 2025. Kent Nishimura | Reuters U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy […]

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CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally
World

CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally

Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City.  Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of […]

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Magnificent 7 relinquishes more than  trillion as tech drives stock market nosedive
World

Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive

A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets. […]

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