China trade fair is wake-up call for exporters, US market is ‘frozen’
China’s major trade fairs (the first event since President Trump’s tariffs came into effect) served as a wake-up call for exporters who warned that the US market was completely “freezing.” Companies at Canton Fair, China’s largest trade fair, held every other year in Guangzhou’s southern city, said they are looking for ways to move to […]
Establishment Media Devoted 62 Times More Coverage to Tariffs and Market than Sterling Jobs Numbers
According to a Newsbusters analysis, mainstream media, namely ABC, CBS and NBC, have dedicated coverage of more than 62 times to Trump’s tariffs and market responses than Sterling’s workload. The U.S. Bureau of Labor Statistics announced its employment numbers earlier this month, crushing expectations. US employers added 228,000 workers to their pay in March, but […]
Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
Goldman Sachs has caused stock market disruption from President Donald Trump’s looming tariffs in its record-breaking haul in the first three months, but CEO David Solomon warned of “material risks” to the economy if there is a world trade war. The Wall Street giant on Monday was the latest major bank to announce strong revenues, […]
NY Fed’s survey shows American labor market expectations at a post-pandemic low
Certified Public Accountant, Market Analyst and Author Dan Gertude talks about navigating uncertain markets and last-minute tax tips ahead of the IRS deadline. The Federal Reserve Bank of New York released its latest survey on consumer expectations on Monday. This found that Americans’ labor market expectations have fallen to the lowest levels since the Covid-19 […]
SNL Takes a Hilarious Jab at Trump’s Tariffs in Easter Cold Open: ‘Stock Market Did a Jesus!’
“Saturday Night Live” poked fun at President Trump's tariffs in an Easter-themed cold opening, claiming that the US stock market “doesn't respond positively.” Opening scene The sketch was a parody of “Pure Temple,” featuring Jesus, portrayed by Mikey Day, declaring he would dismantle the “all money” temple in Jerusalem. Trump, enacted by James Austin Johnson, […]
Oklahoma K-9 Sniffs Out Suitcases Full of ‘Black Market Marijuana’
Law enforcement K-9 made a major discovery during a recent traffic stop in Oklahoma. In a social media post, sheriff Andy R. Cumberledge, Love County Sheriff's Office. I said K9 Sgt. Stone went into a traffic stop early Wednesday on a southbound vehicle on Interstate 35 after noticing several traffic violations. Cumberledge Sheriff wrote: When […]
Bond market finishes one of worst weeks in decades
The U.S. Treasury bond market finished one of the worst weeks of decades on Friday after a chaotic day when President Trump announced a suspension on his widest range of tariffs. The most attention-grabbing statistics were 30 years of bond yield, the amounts made for bonds purchased by buyers. This yield ended the week at […]
Stock market rout as Dow, S&P, Nasdaq hit by tariff fears
Fisher Investments founder Ken Fisher analyzes President Donald Trump's mutual tariff recipients and losers in “Varney & Co.” The two-day market genocide concluded one of the most volatile weeks of US stocks since 2020, the height of Covid as a global investor in US tariffs and retaliation. The S&P 500 slipped deep into the correction […]
Stock Market Swings Send Cable Business Channel Ratings Soaring
Current market swings have resulted in a surge in audiences spikes to cable business networks, ratings data show. There are ratings for both CNBC and Fox business I jumped According to the economic uncertainty Hollywood Reporter. Rating data shows that CNBC averages 293,000 viewers from 9:30pm to 4pm, jumping 36% over the past four weeks. […]
Vance: I thought market reaction to Trump tariffs 'could be worse'
Vice President Vance said the market response to President Trump's tariff plans has deteriorated and he thought the White House team was feeling better about the development. “We feel good, look, I honestly think, because in a way, this is a big transition. “You saw the President said earlier today, it seems like a very […]