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Tariff stock shock: Nasdaq hits bear market, S&P, Dow sink

Two days of market carnage wrapped up one of the most volatile weeks for U.S. stocks since 2020, the height of COVID, as U.S. tariffs and retaliation spook global investors.  The S&P 500 slipped deeper into correction territory, falling 5.9% on Friday. A similar pattern for the Dow Jones Industrial Average, which lost 2,231 points

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Gold still shines: Buy, sell or hold?

Gold hit a fresh record high of $3,139.90 an ounce this week after crossing the $3,000 mark for the first time in March. While President Donald Trump’s tariff rollout tarnished prices on Thursday, investors remain positive on the yellow metal.  “While traditionally inflation and real yields have been the main drivers of gold prices, recently central bank buying has

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Zelle network ends cash transfer services on standalone app

Zelle network ended cash transfer services on its standalone application Tuesday, redirecting users to the over 2,200 banks and credit unions already offering its services instead. When attempting to sign in on the app, users are met with a message stating it’s “no longer available for sending and receiving money.” TRADING APP TRACKS PORTFOLIOS OF

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CEO reacts to tariff-induced stock plunge live during earnings call: ‘Oh, s—‘

The CEO of a home furnishings company was in the midst of his firm’s quarterly earnings call on Wednesday when President Donald Trump’s tariff plans were revealed, leaving the executive caught off guard as he reacted in real time to the company’s stock taking a hit. RH CEO Gary Friedman was discussing how the luxury furnishings

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Ford Motor Company will offer employee pricing to all US shoppers: ‘Handshake deal with every American’

U.S. shoppers will be able to save on Ford vehicles this spring through a new initiative called From America, For America. American consumers will have access to Ford’s employee pricing from April 3 through June 2. This means customers will pay the same amount as Ford’s workers, which is below the dealer invoice price, a

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Xiaomi delivers record cars in March as winners emerge in China’s EV race

Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors. ​Read More

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Cash transferring giant Zelle shuts down standalone app

Payment processing platform Zelle shut down its standalone application Tuesday, redirecting users to banks and credit unions offering its services instead. When attempting to sign in to the app, users are met with a message stating it’s “no longer available for sending and receiving money.” TRADING APP TRACKS PORTFOLIOS OF FAMOUS POLITICIANS AND INVESTMENT MANAGERS

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Tony’s Chocolonely bars recalled for possibly containing ‘small stones’

A chocolate manufacturer has issued a voluntary recall of certain chocolate bars sold in the U.S. and Canada, because they could contain “small stones.” Tony’s Chocolonely Inc., based in Amsterdam, Netherlands and has offices in places like New York City, announced the recall on Monday, saying the chocolate bars in question were distributed to retailers

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Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022. ​Read More

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Amazon makes bid to buy TikTok as deadline looms

Amazon has made a bid to acquire TikTok as the popular social media app faces a looming deadline to be divested from its China-based owner or face a ban in the U.S. that could take effect this month. A Trump administration official told Reuters on Wednesday that the e-commerce giant made a bid to buy TikTok

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