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Walz owns no stocks, securities or real estate, per disclosures

Minnesota Governor Tim Walz, the new Democratic vice presidential nominee, doesn’t own any stocks, securities or real estate, according to his latest financial disclosures. Axios Leads the Way Reported disclosure The announcement on Wednesday came after it was announced Tuesday that Walz would run alongside Vice President Harris as the Democratic nominee against former President […]

Japanese Stocks Lose More Points than on ‘Black Monday’ in 1987

Fears of a looming economic recession due to the policies of U.S. Independents Joe Biden and Kamala Harris sent Japan’s stock market into panic on Monday, causing its worst one-day sell-off in history and causing a deeper drop than “Black Monday” in October 1987. The Nikkei’s dizzying drop of 4,451.28 points, driven by increased trading […]

What's behind the massive selloff in tech stocks?

Shares of big technology companies fell sharply on Monday morning amid a broader market sell-off. Nvidia was the biggest faller among the Magnificent Seven tech stocks, opening 14.2% down from Friday’s closing price. Tesla opened down 10.9%, Apple was down 9.6% and Amazon was down 8.2% at the start of trading. Meta, the parent company […]

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 […]

U.S. Stocks Plunge as Recession Fear Takes Hold

Major stock indexes fell sharply on Monday morning as concerns grew that the U.S. economy was heading for a severe economic downturn. The drop underscores the extent of investor concern after economic data released last week showed a sharper-than-expected rise in unemployment and slower job growth. Surveys of manufacturing also showed a sharp decline in […]

Stocks plunge as weak jobs report, tech woes rattle Wall Street

Stocks fell sharply on Monday morning as growing concerns about the strength of the U.S. economy and the outlook for microchip production spooked Wall Street. The Dow Jones Industrial Average plunged 2.8% after trading on Monday, opening 1,100 points lower. Dow futures were down more than 1,200 points before the market opened on Monday. The […]