War is peace, ignorance is strength, and autoworker layoffs are a “positive reaction” in the marketplace, according to former Donald Trump adviser Kellyanne Conway.
Conway was asked for her take on the economic impacts of Trump’s broad tariff plans, which sent markets cratering during a stop by Fox News on Thursday.
Personal Finance
A Reddit poster who is planning early retirement is trying to decide if he should cut back his 401(k) contributions.
The poster has a lot of money invested in his 401(k) already and he wants to put more money into a brokerage account.
Have you checked your 401k balance since President Donald Trump announced widespread tariffs last week on what he called “Liberation Day”?
Chances are, it’s down — maybe way down.
The markets have lost more than $11 trillion since Trump’s inauguration and more than half of that happened on Thursday and Friday,
With tariff and economic turmoil having hit the stock market in recent days, Americans have watched their 401(k)s take a hit. Even as stocks and 401(k) balances start to inch back up, some savers may be wondering if a 401(k) is even worth it, particularly one that doesn’t have a company match.
» Read more about: Is a 401(k) Without An Employer Match Worth It? »
Americans are rarely this pessimistic about the economy.
Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952.
Without a doubt, Tesla (TSLA -0.08%) is one of the most intriguing stocks on the market. The polemical views on the company portray it as either a damaged brand with an aging lineup of vehicles on the cusp of being exposed as a hugely overvalued car company —
» Read more about: Is Tesla Stock Your Ticket to Becoming a Millionaire? »
America’s tech titans have lost billions this year while their Chinese rivals have racked up large wealth gains amid President Donald Trump‘s tariff-induced trade war.
The tariffs have reignited fears of inflation and recession in the US, spurring investors to dump high-flying tech stocks in favor of safer holdings such as gold and Warren Buffett’s Berkshire Hathaway.
Student loan debt is a heavy burden for millions, but a new bipartisan bill is stirring hope that relief might be on the way. Introduced in March 2025 by Reps. Mike Lawler (R-N.Y.), Anna Paulina Luna (R-Fla.), and Jared Moskowitz (D-Fla.), the Affordable Loans for Students Act aims to slash federal student loan interest rates to just 2%-a steep drop from today’s 6% to 9%.
» Read more about: New bill could reshape student loan debt: Can interest rates be cut to 2%? »
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on April 11, … More
AFP via Getty Images
Brace yourselves: The S&P 500 might still have 10%-20% more downside left in the tank.
» Read more about: How Much More Can The S&P 500 Fall From Here? »
