With the Nasdaq closing its worst week since the Covid pandemic and several tech companies delaying IPOs, Silicon Valley's Trump…
Category: News – CNBC
How Trump’s tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario. ...
Tariff rates Trump ascribes to other countries are vastly higher than World Trade data shows
A report said the trade-weighted average tariff rates in most countries are much lower than the figures used by the…
Congress has power over tariffs, but stopping Trump isn’t likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.…
Federal Reserve is unlikely to rescue markets and economy from tariff turmoil anytime soon
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs. ...
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
Grocery bills will likely rise as shoppers pay more for household staples because of the Trump administration's new tariffs. ...
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said. ...
Apple leads a drop in tech stocks after Trump tariff announcement
Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs. ...
CoreWeave shares rip nearly 42% higher, rising above IPO price
CoreWeave shares rallied nearly 42% on Tuesday and bounced back from a lackluster second trading day on the public markets.…
Trump’s tariff gambit will raise the stakes for an economy already looking fragile
President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term. ...
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by…
The ‘Dirty 15’ percent: Some countries will take a harder hit from Trump’s tariffs
Trump has pointed to America's trade deficits as he argues that virtually all trading partners are "taking advantage" of the…