The Daily Editor

Stocks are taking a battering on Friday amid growing concerns on Wall Street about the impact of President Trump’s tariff regime as well as hotter-than-expected price data, sparking worries that the Federal Reserve is far from declaring victory on inflation.

The Dow Jones Industrial Average tumbled 758 points, or 1.8%, to 41,541.09 in Friday afternoon trading,

 » Read more about: Stock market suffers another wipeout over inflation and tariff fears  »

On March 28, the Colorado Buffaloes and coach Deion Sanders reached an agreement on a five-year contract extension worth $54 million. It is one of the top contracts for a coach in college football. Sanders is set to stick with the Buffaloes for quite some time.

After his first season in Colorado,

 » Read more about: Revisiting Deion Sanders' Retirement Plans After New Colorado Buffaloes Contract  »

Chuck out the three-month-old 2025 outlook pieces – this year is not following anyone’s playbook.

Whether you’re talking bonds, equities, currencies or commodities, investors and central banks’ playbooks missed Donald Trump’s vigorous tariff policies and their likely impact on economic growth, inflation and earnings forecasts in the United States and globally.

 » Read more about: The market playbooks are being rewritten after just three months  »

Independence Bank of Kentucky raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 20.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 120,698 shares of the iPhone maker’s stock after purchasing an additional 20,441 shares during the period. Apple accounts for 4.7% of Independence Bank of Kentucky’s holdings,

 » Read more about: Apple Inc. (NASDAQ:AAPL) Holdings Lifted by Independence Bank of Kentucky  »

Symphony Financial Ltd. Co. lowered its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 4.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 76,531 shares of the iPhone maker’s stock after selling 3,903 shares during the quarter. Apple comprises approximately 3.0% of Symphony Financial Ltd.

 » Read more about: Symphony Financial Ltd. Co. Reduces Stock Position in Apple Inc. (NASDAQ:AAPL)  »

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 » Read more about: Vietnam's richest man surpasses 'Wizard of Wall Street' George Soros on Forbes billionaire list  »

Ripple’s decision to withdraw its cross-appeal, linked to a settlement with the SEC, also failed to revive XRP demand. Following the withdrawal, XRP fell 11%. Ripple Chief Legal Officer Stuart Alderoty announced Ripple’s cross-appeal withdrawal and favorable settlement terms with the SEC regarding Judge Analisa Torres’ Final Judgment.

 » Read more about: XRP News Today: SEC, SWIFT, and ETFs—Trio of Triggers for XRP Price Action  »

 » Read more about: Interest rate cuts: Here's what Bank of America's CEO expects this year  »

 » Read more about: 5 Best Strategies To Build Wealth With Short-Term Investments  »

By Robert Rapier – Mar 29, 2025, 4:00 PM CDT

 » Read more about: Capital Costs Pose Major Risk to LNG Investments  »