Quartz

Image for Stocks have their worst day in years as the Dow plunges almost 1,700 points on Trump's new tariffs

Stocks have their worst day in years as the Dow plunges almost 1,700 points on Trump's new tariffs

The S&P 500 sank almost 5% and the Nasdaq Composite fell 6% as stagflation fears came roaring back

Image for Trump doubles down on his tariffs and says stocks will 'boom'

Trump doubles down on his tariffs and says stocks will 'boom'

The president's comments came as major market indexes were plunging toward their worst day in years

Image for Trump's new tariffs put the Federal Reserve on the spot over interest rates — with stagflation looming

Trump's new tariffs put the Federal Reserve on the spot over interest rates

The trade war is likely to both depress the economy and boost inflation, requiring different responses from the central bank

Image for Trump says his tariffs will bring jobs back to the America. It's not that simple

Trump says his tariffs will bring jobs back to the America. It's not that simple

Import taxes are a double-edged sword for manufacturers, and have a poor historical track record

Image for Trump's new tariffs would be laughed out of a high school economics class, analyst says

Trump's new tariffs would be laughed out of a high school economics class, analyst says

The tariffs rival the scale of the Great Depression-era Smoot-Hawley Act

Latest

How Trump’s tariffs could make your iPhone cost $3,500

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These stocks mostly dodged the tariffs plunge — for now

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It was a bad day for Nvidia

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Howard Lutnick is having a cow because Europe won't take America's 'beautiful' beef

4 hours ago

America's wealthiest shoppers are driving more spending than they have in decades

5 hours ago

3 ways Big Tech is vulnerable to European tariff retaliation

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7 professions that are safest in a trade war

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Restoration Hardware CEO reacts to plunging stock: 'Oh sh—t'

6 hours ago

Microsoft could be reassessing its AI plans while pulling back on data centers

7 hours ago

Ford offers 'employee pricing for everyone' as tariffs send shockwaves through auto industry

7 hours ago

Lifestyle

Image for 11 of the world’s most expensive and unique art collections

11 of the world’s most expensive and unique art collections

Image for The 5 most expensive Michelin star restaurants in New York City

The 5 most expensive Michelin star restaurants in New York City

Image for Look inside Scarlett Johansson and Colin Jost’s $13 million penthouse

Look inside Scarlett Johansson and Colin Jost’s $13 million penthouse

Watch

How Trump’s tariffs could make your iPhone cost $3,500

How Trump’s tariffs could make your iPhone cost $3,500

How Costco's Kirkland brand became a massive financial success

Donald Trump will 'burn' Elon Musk soon, Anthony Scaramucci predicts

Image for Quartz 250

Image for Quartz 250

Image for Quartz 250

Quartz 250

Ranking the top 250 publicly traded companies on U.S. markets

Food & Fine Dining

The 5 most expensive Michelin star restaurants in New York City

New York is home to more than 20,000 restaurants across the five boroughs

Image for The 5 most expensive Michelin star restaurants in New York City

The 5 most expensive Michelin star restaurants in New York City

New York is home to more than 20,000 restaurants across the five boroughs

Image for Look inside Scarlett Johansson and Colin Jost’s $13 million penthouse

Look inside Scarlett Johansson and Colin Jost’s $13 million penthouse

Image for The 5 colleges with the best food in America — and the 5 with the worst

The 5 colleges with the best food in America — and the 5 with the worst

Image for 9 of the most luxurious desserts in the world

9 of the most luxurious desserts in the world

Image for Jerry Seinfeld, Arnold Schwarzenegger, Bruce Springsteen, and 7 more new billionaires

Jerry Seinfeld, Arnold Schwarzenegger, Bruce Springsteen, and 7 more new billionaires

Quartz Daily Brief

Image for 🌏 The market’s very bad day

🌏 The market’s very bad day

Plus: three ways Big Tech is vulnerable to tariff retaliation

Image for 🌏 Amazon shops TikTok

🌏 Amazon shops TikTok

Plus: Walmart’s $600,000 manager salaries

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Our free, fast, and fun briefing on the global economy, delivered every weekday morning.

Generation A.I.

Image for It was a bad day for Nvidia

It was a bad day for Nvidia

The chipmaker was downgraded from "buy" to "hold" by an HSBC analyst on Thursday

Image for Microsoft could be reassessing its AI plans while pulling back on data centers

Microsoft could be reassessing its AI plans while pulling back on data centers

Image for Microsoft will reveal its next moves on AI as it turns 50 tomorrow. Here's what to expect

Microsoft will reveal its next moves on AI as it turns 50 tomorrow. Here's what to expect

Image for The 10 countries that use AI the most

The 10 countries that use AI the most

Image for A coal plant was imploded to build an AI data center

A coal plant was imploded to build an AI data center

Smart Investing

Image for Investors haven’t been this bearish in years — but they're not acting like it, strategist says

Investors haven’t been this bearish in years — but they're not acting like it, strategist says

Fear is rising, but Schwab's senior investment strategist Kevin Gordon explains why stock bets are bigger than ever

Image for Which sectors could be hit hardest by Donald Trump’s 25% tariffs? A Deutsche Bank exec weighs in

Which sectors could be hit hardest by Donald Trump’s 25% tariffs? A Deutsche Bank exec weighs in

Image for President Trump could act as a bridge between Sam Altman and Elon Musk, exec says

President Trump could act as a bridge between Sam Altman and Elon Musk, exec says

Image for How President Trump's sovereign wealth fund might work, according to a strategist

How President Trump's sovereign wealth fund might work, according to a strategist

Image for Walmart and other 'dividend aristocrat' stocks to buy in a volatile market, according to a strategist

Walmart and other 'dividend aristocrat' stocks to buy in a volatile market, according to a strategist

Most Popular Stories

Image for It was a bad day for Nvidia

It was a bad day for Nvidia

The chipmaker was downgraded from "buy" to "hold" by an HSBC analyst on Thursday

Image for Howard Lutnick is having a cow because Europe won't take America's 'beautiful' beef

Howard Lutnick is having a cow because Europe won't take America's 'beautiful' beef

Image for Walmart's CEO on what store managers making $600,000 does for business

Walmart's CEO on what store managers making $600,000 does for business

Image for Delta, United, and other airline stocks are getting hammered by trade war fallout

Delta, United, and other airline stocks are getting hammered by trade war fallout

Image for Trump says his tariffs will bring jobs back to the America. It's not that simple

Politics & Government

Trump says his tariffs will bring jobs back to the America. It's not that simple