• Apr 03, 2025

Why Hain Celestial (HAIN) Stock Is Falling Today

Shares of natural food company Hain Celestial (NASDAQ:HAIN) fell 6.8% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

  • Apr 03, 2025

Bank Stocks Tumble as Tariffs Raise Recession Risks

Shares of U.S. banks were sharply lower on Thursday as Wall Street reacted to President Donald Trump’s announcement of sweeping tariffs that economists warn could stunt economic growth and reignite inflation.

  • Apr 03, 2025

Mexico celebrates dodging latest US tariffs but feels the effects of global economic uncertainty

Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided. President Claudia Sheinbaum said the free-trade agreement signed by Mexico, Canada and the U.S. during Trump’s first administration had shielded Mexico. Now her government will focus on the existing 25% U.S. tariffs on imported autos, steel and aluminum, while accelerating domestic production to safeguard jobs and reduce imports.

  • Apr 03, 2025

Trump Tariffs Raise Inflation and Recession Risks

President Donald Trump's harsher-than-expected global tariffs sent economists scrambling to revise their economic estimates. They project the U.S. economy faces higher inflation, slower growth, and greater recession risks.

  • Apr 03, 2025

Why Nike (NKE) Stock Is Down Today

Shares of athletic apparel brand Nike (NYSE:NKE) fell 15% in the pre-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

  • Apr 03, 2025

Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses as U.S. financial markets closed with their biggest one-day drop since COVID-19 flattened the global economy five years ago. Banks, retailers, clothing, airlines and technology companies were among the hardest hit, with consumers expected to cut spending if tariffs lead to higher prices for goods and services.