Stocks Plunge After Presidential Debate and Higher Core Inflation
Investors appeared to reassess the risks of Kamala Harris winning the presidential election on Wednesday, with major stock indexes dropping sharply the morning after she debated Donald Trump. The Dow Jones Industrial Average fell more than 550 points, or 1.4%, while the S&P 500 lost 1.1% and the Nasdaq Composite Index lost 0.70%. Harris has […]
Gov. Abbott dismisses Biden-Harris victory lap narrative as Texas border crossings plunge
Texas Governor Greg Abbott has touted a sharp drop in border crossings in 2024, blaming it on state efforts and not Biden administration policies. Abbott says the Biden administration is trying to “destroy” Texas' gains and is hurting rather than helping border security efforts. “Texas has the longest border of any state in the United […]
Bitcoin Prices Plunge Below $53,000 As Multiple Factors Fuel Losses – Forbes
Bitcoin price approached $52,000 early today (Photo: Chesnot/Getty Images) Getty Images Bitcoin prices fell sharply today, dropping nearly 8% in less than 24 hours as the market reacted to several bearish factors, including lackluster employment data. The world's most famous digital currency fell to a low of $52,530 around 5pm ET. Coinbase Data Offered by […]
Boar’s Head sales plunge across NY supermarkets after listeria outbreak
A deadly listeria outbreak linked to the company's iconic cold-cut brand Boar's Head has caused meat sales to plummet by 30 percent at supermarkets and delis across New York, according to information obtained by the New York Post. New York state has been particularly hard hit, with the state health department investigating 17 cases of […]
Birkenstock shares plunge 15% as quarterly profits miss estimates
Shares in sandal maker Birkenstock plunged more than 15 percent on Thursday after the company reported weaker-than-expected quarterly profit and its global expansion plans hit profit margins. The Germany-based company reported adjusted earnings per share of 54 cents, below the 58 cents LSEG analysts had expected. The retailer reported sales of $624.6 million, up 19% […]
Abercrombie shares plunge 16% as CEO warns of ‘increasingly uncertain environment’
Abercrombie & Fitch shares plunged 17% on Wednesday after the company's CEO warned of an “increasingly uncertain environment ahead,” the first time in four quarters that the company cited cautious consumer sentiment. The company reported better-than-expected quarterly earnings and raised its full-year sales target, but its shares tumbled even as investors were banking on even […]
Kamala Harris’s Fingerprints Are All Over the Market Plunge
Harris is a “key player” in Monday’s offering While it cannot be said with certainty that the end of the soft landing and the market crash were caused by Kamala Harris, anyone investigating this issue should consider the following: The Vice President is a key witness. Former President Donald Trump’s polling lead over President Joe […]
Bitcoin, crypto shares plunge as investors pull back on risky stocks amid fears of recession
Bitcoin and U.S. cryptocurrency stocks fell sharply on Monday along with the rest of the stock market as weak jobs data and the Fed’s decision to hold off on cutting interest rates stoked fears of a U.S. economic recession. Bitcoin prices have fallen more than 15% over the past five days, dropping below $55,000 to […]
Biden-Harris Economic Aide Leaves for Campaign as Stocks Plunge, Recession Fear Takes Hold
Gene Sperling, a senior Biden-Harris economic adviser, left the White House on Monday for a campaign trip, the same day that U.S. stocks plummeted and fears of an economic recession became apparent. Sparring is departure Sperling will become a senior economic adviser to Harris’ presidential campaign policy team. He served under Presidents Bill Clinton and […]
“THE GREAT DEPRESSION OF 2024” – Donald Trump Reacts To Stock Market Plunge
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. The Dow Jones Industrial Average fell more than 1,000 points on Monday. The Epoch Times reported: U.S. stocks fell sharply on Monday morning as fears of a U.S. economic recession grew in recent days, intensifying selling pressure […]