Overcast 72°
Tag:

NASDAQ

Business
Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs
Trump Reignites Trade War With EU, Threatens Apple With iPhone Tariffs President Donald Trump issued new tariff threats against the European Union and Apple, relaunching trade feuds that have shaken the US economy throughout 2025. Trump threatened the EU with a 50% tariff in a post on his social media platform Truth Social on Friday, May 23. He claimed the higher duties would go into effect on Sunday, June 1. The President accused the EU of being "difficult to deal with" in trade negotiations. "Our discussions with them are going nowhere!" Trump posted. "Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There …

SHARE

by Chris Spiker
Business
Jim Cramer Fears ‘Black Monday’ As Markets Tumble After Trump's Tariff Rollout Jim Cramer Fears ‘Black Monday’ As Markets Tumble After Trump's Tariff Rollout
Jim Cramer Fears ‘Black Monday’ As Markets Tumble After Trump's Tariff Rollout It was a brutal week for investors, who lost nearly $7 trillion after President Donald Trump announced sweeping tariffs on nearly every country, and CNBC's Jim Cramer warned that the pain may not be over. The "Mad Money" host said he fears stock prices may continue to fall on Monday, April 7, adding that investors could be facing a repeat of one of the market’s worst days. Related: Mexico And Canada Promise More Tariffs Coming For US If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario ... the one where we went …

SHARE

by Josh Lanier
News
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ
Ex-Trump PAC Exec Who Blamed 'That B****' Hillary Clinton For Probe Indicted By Feds In NJ A former pro-Trump PAC exec who blamed "that b**** Hillary Clinton" for his troubles with the law swindled more than two dozen investors out of $7 million, an indictment returned Tuesday by a federal grand jury in Newark alleges. U.S. Homeland Security agents a year ago this month smashed the alleged Ponzi scheme that they said New Jersey-based businessman David Schamens, 65, used to fund a lavish lifestyle. Now comes a March 28 indictment that charges him with wire fraud, securities fraud and money laundering. Schamens, of Greensboro, North Carolina, used some of the investment money fro…

SHARE

by Jerry DeMarco