• Apr 03, 2025

Trump Tariffs Wipe Out Nearly $2 Trillion From US Stock Market

(Bloomberg) -- Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseThe d

  • Apr 03, 2025

EM Currencies Rally, Stocks Slump on US Tariff Shock Repricing

(Bloomberg) -- Currencies from developing nations climbed as President Donald Trump’s tariffs sent the greenback plunging and emerging stocks slid as his steep levies reverberated across Asian markets. Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseWhat Would ‘Transportatio