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Stocks tumble as inflation jumps, JPMorgan CEO Dimon’s warning and Masters fever

-Inflation heats up and the Federal Reserve stalls

– Stocks fall broadly due to inflation and Fed concerns

-JP Morgan CEO Jamie Dimon warns of two major economic risks

-The truth about former President Donald Trump: Social stocks hit hard

-Rite Aid closes more stores

– Masters fever sweeps the world as the world’s golf elite hits the green

-Tax day is Monday

Live prices of cryptocurrencies: here

Red hot: Inflation shows no signs of slowing down after the consumer price index rose more than expected in March…Continue reading here. A similar report on wholesale inflation also showed an increase. Price check: This is where the prices have gone up the most…Continue reading here.

video: Inflation continues, especially in the housing sector.

Stock prices are in tatters: Inflation problems have hit US stocks hard, with stocks posting a sharp decline on Friday. The Dow Jones Industrial Average fell more than 475 points, its worst decline since March 2023. Meanwhile, the S&P 500 index’s 1.5% decline was its biggest since October.Learn more on the market. As stocks tumble, gold hits new all-time highs, rising in seven of the past eight weeks…Learn more about Yellow Metal Rally.

video: What happened on Wall Street this week?

Dimon warns: JPMorgan CEO Jamie Dimon issued a series of warnings to investors this week about the biggest threat to the U.S. economy.Continue reading here. Separately, those warnings and gains from the nation’s largest banks helped boost stocks by more than 6% for the week.

Trump stocks: Trump Media & Technology Group (ticker DJT) stock continues its freedown, dropping nearly 20% this week, giving the company a market value of $4.4 billion as of Friday (up from $9 billion when it debuted). …).Check out DJT stock here.

video: Let’s take a look at President Trump’s current tax plan.

Billionaires and tech giants: A state dinner at the White House celebrating the Japanese prime minister drew billionaires including Amazon’s Jeff Bezos, his friend Lauren Sanchez and Apple CEO Tim Cook.Continue reading here.

FOLLOW FOX BUSINESS DEBT TRACKER: HERE

End of Rite Aid: Struggling drugstore chains are closing more stores across the country…Continue reading here.

Tax day countdown: Tax day is Monday.It’s never too late or too early to learn tax tipsContinue reading here.

master fever: Augusta National’s elite golf tournament is underway, with the world’s top athletes playing for prize money worth $18 million. But another game is afoot involving homeowners who are interfering with the club’s expansion plans…Continue reading here.

Masters coverage: Click here

video: Billionaire investor gives his opinion on LIV Golf and PGA.

Spectators leave the field after play is suspended due to inclement weather during Masters practice at Augusta National Golf Club in Augusta, Georgia, on April 5, 2022. (Photo credit: Keyur Khamar/PGA TOUR, Getty Images / Getty Images)

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