Trump tariffs hammer stocks, recession fears rise, Tesla after Elon Musk's DOGE

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Image for article titled Trump tariffs hammer stocks, recession fears rise, Tesla after Elon Musk's DOGE days: Markets news roundup — Image: Chip Somodevilla (Getty Images), Restoration Hardware, Photo: Chip Somodevilla (Getty Images), Sean Rayford / Stringer (Getty Images), Kevin Dietsch (Getty Images), Michael M. Santiago (Getty Images), Oleg Nikishin (Getty Images), Tomohiro Ohsumi (Getty Images)

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2 / 11

Tesla stock soars as Elon Musk’s time at DOGE nears an end

Despite taking a hit earlier in the day from weak deliveries, Tesla (TSLA) stock is now soaring as Elon Musk’s time in the federal government appears to be nearing an end.

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

President Donald Trump announced his wide-ranging tariffs on Wednesday evening.

President Donald Trump’s so-called “reciprocal” tariffs haven’t been well received, especially after the White House explained its math.

“If a 9th grader in high school presented this tariff chart to a teacher in a basic economics class the teacher would laugh and say sit down and work on the assignment,” Wedbush Securities analyst Dan Ives, who oversees technology firm coverage, said in a Thursday note to clients.

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The 10 most dishonest states in America — according to Las Vegas defense lawyers

Everyone has their vices, but, in the U.S., some states have residents that particularly struggle to tell the truth — at least, that’s what one law office tells us.

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

Jerome Powell after the FOMC meeting in March

President Donald Trump’s new tariffs create a dilemma for the Federal Reserve because they’re likely to both increase inflation and slow economic growth — and possibly lead to stagflation.

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

California-based luxury home goods retailer Restoration Hardware (RH) was among the biggest losers in Thursday’s stock market rout. As of 2 p.m. Eastern Tuesday, the stock was down more than 39 percent, after being off as much as 44 percent in mid-morning trading.

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The worst stock market hit from tariffs could still be coming, strategist says

Stocks were mixed on Monday as investors await a better sense of whether new tariffs are just a negotiating tactic — or, as Donald Trump has intermittently insisted, now a permanent part of the economic landscape.

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Trump Media stock tanks 9% as Donald Trump files to sell up to $2.3 billion worth of shares

President Donald Trump’s stake in his media company now makes up a large part of his fortune.

A trust overseeing President Donald Trump’s multi-billion dollar stake in Truth Social’s (DWAC) parent company could sell up to 115 million shares, according to a regulatory filing.

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Why Trump’s new tariffs could send corporate earnings into a tailspin, according to a strategist

Why Trump's new tariffs could send corporate earnings into a tailspin, according to a strategist

Dimitri Zabelin, Geopolitical Strategist at Pantheon Insights, broke down how China and the EU are responding to the new tariffs in an interview with NYSE TV

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Recession odds spike to 50-50 after Trump’s new tariffs, strategist says

Recession odds spike to 50-50 after Trump's new tariffs, strategist says

In an NYSE TV interview, Ahmed Riesgo, CIO at Insigneo, explains why recession fears are mounting — and what investors can do to protect their portfolios

Trump tariffs hammer stocks, recession fears rise, Tesla after Elon Musk's DOGE days: Markets news roundup

A collection of our best posts of the week in money markets