The United States is about to plunge into recession, pulling much of the world down with it. The tariffs announced by President Donald Trump on April 2 will reverse decades of rising wealth based on specialization and exchange, based on little more than his unfocused feelings.
Announcing his new rates,
» Read more about: Trump’s trade war: The world will get poorer — and the US especially »
Aside from climate change and pollution, penguins are now facing one more threat from humanity: President Donald Trump’s tariffs.
Trump on Wednesday announced expansive tariffs on more than 180 countries and regions to retaliate against what he characterized as unfair trade practices by other countries.
While Vladimir Putin’s Russia was left out of the long list,
» Read more about: Trump's trade war targets island full of penguins, Russia faces no new tariffs »
HSBC downgraded chipmaker Nvidia (NVDA) from a Buy to a Hold rating on Thursday after saying that the company’s pricing power for GPUs is becoming weaker. As a result, Nvidia’s stock dropped in today’s trading following the news. 4.3-star analyst Frank Lee explained that while Nvidia benefited from strong AI GPU pricing over the past two years,
» Read more about: Why This Top-Rated Analyst Just Downgraded Nvidia Stock (NVDA) »
The chips are down.
Chip stocks fell Friday, losing ground on the second trading day after President Donald Trump unveiled a set of global tariffs that sent stock markets dramatically lower—and the first since China announced its own retaliatory measures. The latest news offered investors yet another indication that trade war is here to stay,
» Read more about: Nvidia and Other Chip Stocks Fall as Tariff-Fueled Rout Continues »
Investors in First Horizon Corporation FHN need to pay close attention to the stock based on moves in the options market lately. That is because the May 16, 2025 $10.00 Call had some of the highest …
» Read more about: Do Options Traders Know Something About First Horizon (FHN) Stock We Don’t? »
Bitwise has introduced three new ETFs that provide yield-seeking investors with exposure to leading Bitcoin treasury companies, using a covered call strategy designed to capitalize on equity volatility while preserving Bitcoin-linked upside.
The funds include:
» Read more about: Bitwise Debuts Option Income ETFs on Bitcoin Treasury Stocks: MSTR, MARA, COIN »
43 minutes ago
Northern Lights Forecast: Geomagnetic Storms Could Bring Aurora Borealis To These 15 States“,”scope”:{“topStory”:{“index”:1,”title”:”Northern Lights Forecast: Geomagnetic Storms Could Bring Aurora Borealis To These 15 States”,”image”:”https://specials-images.forbesimg.com/imageserve/67efd5fcefbfc54beaf0056b/290×0.jpg?cropX1=0&cropX2=2427&cropY1=124&cropY2=1489″,”isHappeningNowArticle”:true,”date”:”43 minutes ago”,”uri”:”https://www.forbes.com/sites/tylerroush/2025/04/04/northern-lights-forecast-geomagnetic-storms-could-bring-aurora-borealis-to-these-15-states/”}},”id”:”17gmaohk3ncg00″},{“textContent”:”
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Job Growth Accelerated In March—But Unemployment Hits 4.2% As Tariffs Threaten To Send Jobless Rate Over 5%“,”scope”:{“topStory”:{“index”:2,”title”:”Job Growth Accelerated In March—But Unemployment Hits 4.2% As Tariffs Threaten To Send Jobless Rate Over 5%”,”image”:”https://specials-images.forbesimg.com/imageserve/67efc9d7399a8850e9477018/290×0.jpg?cropX1=0&cropX2=3476&cropY1=0&cropY2=1954″,”isHappeningNowArticle”:true,”date”:”1 hour ago”,”uri”:”https://www.forbes.com/sites/dereksaul/2025/04/04/job-growth-accelerated-in-march-but-unemployment-hits-42-as-tariffs-threaten-to-send-jobless-rate-over-5/”}},”id”:”cjq6oklpgdh400″},{“textContent”:”
Stocks in the U.S. opened sharply lower on Friday, extending a slide from the previous trading session triggered by President Trump’s announcement of sweeping new tariffs on U.S. imports earlier this week.
The S&P 500 fell 144 points, or 2.5%, to 5,252 as of 9:34 a.m.
» Read more about: Dow Jones drops another 1,000 points as stock market extends slide »
The stock market is poised for a second straight day of sharp declines amid mounting investor concerns about U.S. economic growth and the prospect of a global trade war.
Ninety minutes before the start of trade in New York, Dow Jones Industrial Average futures were down nearly 1,500 points, or 3.6%.
Stocks in the U.S. and overseas dropped sharply for a second day on continued fears that President Trump’s sweeping tariffs on foreign imports would ignite a massive trade war and lead to an economic recession.
Adding fuel to the stock downward spiral: The Chinese government announced Friday a blanket 34% tariff on American products,