Jerry Lin
The Latest
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Markets Tumble Worldwide as Trump’s Tariffs Trigger Largest Global Selloff Since 2008
Global markets plunged Monday as the ripple effects of President Donald Trump's sweeping tariff policy deepened a historic selloff, with investors dumping shares from Hong Kong to Frankfurt amid growing fears of a full-scale global trade war. The selloff wiped out more than $5.4 trillion in value from global equity markets and pushed major U.S. stock indexes closer to bear territory. 
Global markets plunged Monday as the ripple effects of President Donald Trump's sweeping tariff policy deepened a historic selloff, with investors dumping shares from Hong Kong to Frankfurt amid growing fears of a full-scale global trade war. The selloff wiped out more than $5.4 trillion in value from global equity markets and pushed major U.S. stock indexes closer to bear territory. -
European Banks Lead Global Selloff as Trump Tariffs Stoke Recession Fears
European bank stocks plunged Friday, extending a global market rout triggered by U.S. President Donald Trump's aggressive tariff escalation, as investors priced in deepening risks of recession and slashed expectations for interest rate hikes across major economies. European bank stocks plunged Friday, extending a global market rout triggered by U.S. President Donald Trump's aggressive tariff escalation, as investors priced in deepening risks of recession and slashed expectations for interest rate hikes across major economies. -
U.S. Labor Market Adds 228,000 Jobs in March as Unemployment Edges Up to 4.2%
U.S. employers added 228,000 jobs in March, a stronger-than-expected showing that signals ongoing labor market resilience even as concerns mount over President Donald Trump's escalating tariff policies. The unemployment rate ticked up to 4.2%, according to data released Friday by the Labor Department's Bureau of Labor Statistics. 
U.S. employers added 228,000 jobs in March, a stronger-than-expected showing that signals ongoing labor market resilience even as concerns mount over President Donald Trump's escalating tariff policies. The unemployment rate ticked up to 4.2%, according to data released Friday by the Labor Department's Bureau of Labor Statistics. -
Oil Prices Slide as Trump Tariffs Trigger Fears of Global Demand Slowdown
Oil prices plunged more than 6% on Thursday as traders and analysts issued a swift verdict on President Donald Trump's sweeping new tariffs, viewing them as a significant drag on global growth and fuel demand. The decline came despite a carveout exempting oil, gas, and refined products from the tariffs, signaling investor concerns over broader economic impacts. 
Oil prices plunged more than 6% on Thursday as traders and analysts issued a swift verdict on President Donald Trump's sweeping new tariffs, viewing them as a significant drag on global growth and fuel demand. The decline came despite a carveout exempting oil, gas, and refined products from the tariffs, signaling investor concerns over broader economic impacts. -
Trump’s Global Tariffs Trigger U.S. and Global Markets Plunge, Spark Fears of Recession and Retaliation
U.S. and global markets fell sharply Thursday after President Donald Trump announced sweeping new tariffs on imports from dozens of countries, rattling investors and triggering swift condemnation from trade partners. 
U.S. and global markets fell sharply Thursday after President Donald Trump announced sweeping new tariffs on imports from dozens of countries, rattling investors and triggering swift condemnation from trade partners. -
Goldman Sachs Raises U.S. Recession Odds to 35% as Trump Tariff Shock Hits Markets
Goldman Sachs raised the probability of a U.S. recession to 35% over the next 12 months, citing escalating trade tensions and renewed inflationary pressure as President Donald Trump's tariff policy rattles global markets and investor confidence. 
Goldman Sachs raised the probability of a U.S. recession to 35% over the next 12 months, citing escalating trade tensions and renewed inflationary pressure as President Donald Trump's tariff policy rattles global markets and investor confidence. -
Gold Surges to Record High Above $3,070 as Trump Tariffs Fuel Market Anxiety
Gold prices soared to a fresh record Thursday, crossing $3,070 an ounce as escalating trade tensions triggered a wave of safe-haven buying and rattled global equity markets. The move comes on the heels of U.S. President Donald Trump's announcement of a 25% tariff on imported vehicles, intensifying fears of a retaliatory trade war. 
Gold prices soared to a fresh record Thursday, crossing $3,070 an ounce as escalating trade tensions triggered a wave of safe-haven buying and rattled global equity markets. The move comes on the heels of U.S. President Donald Trump's announcement of a 25% tariff on imported vehicles, intensifying fears of a retaliatory trade war. -
Labor Market Holds Steady as Weekly Jobless Claims Fall Slightly Amid Federal Cuts
Weekly jobless claims in the United States edged lower last week, signaling continued labor market resilience even as sweeping federal job cuts tied to the Trump administration's government downsizing initiative begin to take hold. The Department of Labor reported Thursday that initial claims for state unemployment benefits declined by 1,000 to a seasonally adjusted 224,000 for the week ending March 22, roughly in line with economist expectations. 
Weekly jobless claims in the United States edged lower last week, signaling continued labor market resilience even as sweeping federal job cuts tied to the Trump administration's government downsizing initiative begin to take hold. The Department of Labor reported Thursday that initial claims for state unemployment benefits declined by 1,000 to a seasonally adjusted 224,000 for the week ending March 22, roughly in line with economist expectations. -
Job Applications Surge 75% Among Federal Workers at DOGE-Targeted Agencies Amid Layoff Fears
Federal workers employed at agencies targeted for downsizing under the Trump administration's Department of Government Efficiency (DOGE) have ramped up their job searches, with applications surging more than 75% above 2022 levels, according to data released Tuesday by the employment platform Indeed. 
Federal workers employed at agencies targeted for downsizing under the Trump administration's Department of Government Efficiency (DOGE) have ramped up their job searches, with applications surging more than 75% above 2022 levels, according to data released Tuesday by the employment platform Indeed. -
MicroStrategy Crosses 500,000 Bitcoin Mark After $584 Million Purchase
MicroStrategy, now rebranded as Strategy, disclosed on Monday that it has acquired an additional 6,911 Bitcoin between March 17 and March 23, spending approximately $584.1 million in cash. The purchase brings the company's total Bitcoin holdings to 506,137 coins, cementing its status as the largest corporate holder of Bitcoin globally. 
MicroStrategy, now rebranded as Strategy, disclosed on Monday that it has acquired an additional 6,911 Bitcoin between March 17 and March 23, spending approximately $584.1 million in cash. The purchase brings the company's total Bitcoin holdings to 506,137 coins, cementing its status as the largest corporate holder of Bitcoin globally.
