The CNBC show Mad Money host Jim Cramer has presented a severe warning in front of investors, calling a dire US stock market crash may happen. More importantly, he connects it to the 1987 Black Monday crash, which wiped out trillions of dollars, affecting the global financial market. As Monday arrived and the market’s downfall anticipated to persist, did Cramer’s ...
Oil prices have continued to tumble on Monday as recession fears have firmly gripped investors. The escalating trade war between the US and China has stoked fears about a slowdown in the global economy, which is likely to severely impact oil demand. Goldman Sachs revised its oil price projections downward on Monday and predicted a 45% probability of a US ...
Investors are moving rapidly into traditional safe haven assets after US President Donald Trump announced sweeping reciprocal tariffs last week, intensifying fears of a global economic downturn. Among the preferred refuges are the Japanese yen, Swiss franc, government bonds, and gold, analysts say. The Japanese yen, long considered a go-to asset in times of market stress, has gained around 3% ...
Israeli Prime Minister Benjamin Netanyahu is expected to meet President Donald Trump at the White House on Monday, with Washington’s recently imposed global tariffs set to be part of their talks. ‘This meeting comes at a critical moment on many key issues: the efforts to return our hostages being held by Hamas, the instability in Syria and the threats posed ...
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs. As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting ...
Charles Barkley has been a staple of CBS’s television coverage of the men’s NCAA Tournament and the Final Four for years, often appearing on location at the semifinals and national championship game. This year, his trip there was just a little more personal. The NBA legend and former Auburn basketball star got the opportunity to watch his beloved Tigers compete ...
Tech stocks led a week-long decline as US President Donald Trump’s global retaliatory tariffs were announced on Wednesday (April 2). The announcement led to a market-wide sell-off that erased over US$6 trillion in market value and drove the Nasdaq Composite (INDEXNASDAQ:.IXIC) into a confirmed bear market. This week’s pullback was the worst day in the stock market since the early ...
The crypto market has closed yet another week, keeping traders and investors cautious with sluggish price performances. Bitcoin (BTC) price held the $83K level with no major gains in the past seven days. Whereas, Ethereum (ETH), Solana (SOL), and XRP prices mimicked a sluggish action. Notably, the latest announcement by Donald Trump about reciprocal tariffs has rattled global markets, with ...
The United States stands at a crossroads as President Donald Trump’s sweeping tariff plan, unveiled this week, sends shockwaves through financial markets and reignites recession fears. With the stock market reeling from significant losses and global leaders hinting at retaliation, the Federal Reserve faces a complex challenge. Federal Reserve Chair Jerome Powell’s cautious stance—maintaining the benchmark interest rate at 4.25% ...
Meme coins continue to dominate attention in crypto, and a new entrant, PepeX, is gaining ground quickly. Now in Stage 5 of its presale, PepeX has raised over $1,249,000, and the token price will increase from $0.0243 to $0.0255 in two days. This rising demand stands in contrast to the Pepe token, which is down over 65% in 2025 following ...
A man from Malibu has been convicted of scamming investors and Hollywood stars out of more than $20 million through false claims about his celebrity app’s business performance. Bernhard Eugen Fritsch, the founder and CEO of StarClub Inc., a Santa Monica-based tech company, was held accountable for an elaborate fraud that fueled his lavish lifestyle, Fox News Digital has learned. ...
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy decisions by arguing he is ...