• Mon, March 10, 2025

by: Insider

The tech-heavy Nasdaq's $1 trillion sell-off, in charts

The 4% drop in the Nasdaq on Monday marked its worst day in years as Trump refused to rule out recession.

by: Variety

JBX Market Head on How Joburg Event Can Boost Africa as 'Global Force' in Film and TV Production

The third edition of JBX, or Joburg Xchange, an industry confab running from March 12 - 14 parallel to the Joburg Film Festival, looks to spotlight Africa's role in shaping the future of film, television and digital storytelling.

by: Reuters

Goldman Sachs managing director Scott Rubner leaves firm, source says

Scott Rubner, a managing director in the derivatives sales and macro execution team at Goldman Sachs , has left the investment bank, a source familiar with the matter told Reuters on Monday.

by: CNN

Dow falls by almost 900 points in market rout after Trump says he won't rule out a recession

US stocks plunged, bitcoin stumbled and Wall Street's fear gauge hit its highest level this year as concerns about President Donald Trump's economic policy led to a widespread market selloff on Monday.

by: Invezz

'Trumpcession': The real reasons behind Trump's trade war and what comes next

President Donald Trump launched the largest trade war in modern US history, imposing tariffs of 25% on Mexican and Canadian imports and doubling duties on Chinese goods to 20%. While some of the tariffs on Canada andMexico have been eased,

by: TechCrunch

Rocket Companies to acquire Redfin for $1.75B

Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion.

by: Newsweek

Will a Recession Lower Interest Rates? What It Means for Housing Market

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Fortune

Mark Carney: Financier, banker, and Canada's new prime minister

After winning the race to replace Justin Trudeau as Liberal leader yesterday, Mark Carney will become Canada's next prime minister. The length of his tenure will depend on whether he wins the next federal election,

by: MUO

10 Personal Finance Excel Spreadsheet Templates for Managing Money

With the right Excel templates, you can budget, track expenses, and plan for the future—all without breaking a sweat. The Money Management Template is quite advanced and can give the best budgeting apps a run for their money.

by: WTHR

During Indianapolis visit, SBA administrator announces plan to cut regulations on small business

SBA Adminstrator Kelly Loeffler said a "red tape hotline" would allow local businesses to report needless regulation.

by: Fortune

Stock market implodes as Trump tariffs and recession nightmares spook investors

The president and his economic officials have indicated they are willing to endure short-term pain to reshape America's economy.

by: Insider

Tech-heavy Nasdaq suffers worst day since 2022 in $1 trillion wipeout

The 4% drop in the Nasdaq on Monday marked its worst day in years as Trump refused to rule out recession.

by: Reuters

Musk says juggling DOGE and CEO jobs is difficult, as Tesla shares slump

Elon Musk is running his businesses "with great difficulty" while working with the Trump administration, the Tesla CEO said on Monday in an interview with Fox Business. His remarks followed Tesla losing $130 billion in stock market value in a broad selloff on Wall Street that left the electric car maker's shares at their lowest since October.

by: Fortune

Here's why the CEOs of major retailers like Walmart, Gap and Target are sounding so calm about Trump's tariff standoff

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)
  • Tue, March 11, 2025

by: Newsweek

Amid Recession Fears, Dow Plummets, Nasdaq Has Worst Day Since 2022

Ontario imposes a 25% electricity surcharge on U.S. exports in response to Trump's tariff war, escalating trade tensions. Follow Newsweek's live blog.

by: GOBankingRates

What Are Financial Securities?

Financial securities are tradeable assets that hold value. They're intangible investments that can be traded between two parties.

by: WIBW

GO Topeka launches two new grant programs to help young employees and small businesses

It's that initial investment to get your business to grow, it can be really hard so all the help you can get," Owner & Founder Reliant Apparel Clinton Appelhanz said. Clinton Appelhanz founded Reliant Apparel back in 2011 but he's had some help along the way from GO Topeka grants to make his dreams a reality.

by: Moneycontrol

IIFL Finance Consolidated December 2024 Net Sales at Rs 2,442.58 crore, down 7.74% Y-o-Y

Other Operating Income------Total Income From Operations: 2,442.58: 2,571.90: 2,647.48: EXP

by: CNBC

CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump

Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country's own borders.

by: Mint

Term loans explained: Types, benefits, and key drawbacks you should know

Term loans provide individuals with necessary funding for immediate capital needs, large purchases, or expansion. They offer quick access to funds with minimal documentation but require strict repayment adherence,

by: KelownaNow

AI, robots, mushroom picking and government grants in Salmon Arm

As proof that AI is everywhere and anywhere at any time, a Salmon Arm-based boutique technology and engineering company is revolutionizing the mushroo.

by: cnbctv18

RBI to issue ?100 and ?200 banknotes with new Governor's signature

The design of these new banknotes will remain unchanged and will be identical to the existing ₹100 and ₹200 notes in the Mahatma Gandhi (New) Series.

by: Kiplinger

These Four Books Explore How to Leverage Our Outrage Positively

The authors offer some powerful tools to help us find solutions to discord rather than remaining silent or blowing up in anger.

by: rnz

Calculated risk: Will the next Reserve Bank governor relax capital requirements for banks?

In the end, there is no guarantee a new Reserve Bank governor will reduce the capital requirements. And, under the current rules, the governor is the one who gets to make that call. While the government has some say in the appointment process, the Reserve Bank board is responsible for recommending the next appointee.

by: Cryptopolitan

Why Experts Are Calling Remittix (RTX) The New XRP And Are Backing It To Surpass Cardano (ADA) In 2025

Volatility in the crypto market is rising, and ADA is no exception, falling by 5.29% in the last 24 hours. Traders are getting nervous with the fall in XRP

by: Patch

Finance Director Needed In Tredyffrin Township Government

The finance director is a full-time, non-union, exempt position, with a salary range of $120,000 per year, depending on experience.

by: NerdWallet

The Labor Market: Worker Perception and Economic Health

Workers and economists interact with the labor market in quite different ways. This contrast can lead to misunderstandings, at best, and distrust of the data at worst. Neither macroeconomic evaluations nor personal experiences are without merit, however.

by: Bankrate

Personal savings vs. business savings: What are the differences?

Personal savings accounts help individuals store and grow money, while business savings accounts help companies manage cash reserves and keep finances separate. A dedicated business savings account makes tax preparation easier and provides legal protection,

by: CoinTelegraph

Five reasons RWAs are taking off in 2025

Real-world asset tokenization is evolving fast, with regulatory shifts, enhanced interoperability and liquidity solutions set to thread the path ahead in RWA space in 2025

by: Fortune

Prologis CEO on the chaos and opportunity of tariffs: 'I don't like to make our money that way'

Meet Prologis Chairman and CEO Hamid Moghadam. The company, No. 463 on the Fortune 500, is a leader in building and managing 1.2 billion square feet of warehouses and logistics facilities in 20 countries.

by: Insider

Eric Schmidt named CEO of a rocket startup. It could put him in competition with Elon Musk and Jeff Bezos.

Ex-Google CEO Eric Schmidt is taking over as CEO of rocket startup Relativity Space, which has ambitions to reach Mars.

by: Insider

CD, Checking, and Savings Rates Today: Start Earning More Interest

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.

by: Fortune

Layoff anxiety has pushed employee confidence to the worst rock bottom in nearly a decade

"Economic anxiety is rising as economic uncertainty is rising," Glassdoor's top economist says.

by: Bloomberg

US Small-Business Optimism Retreats as More Shift to Price Hikes

US small-business optimism fell to a four-month low in February and a gauge of uncertainty neared a record high as business owners grew uneasy about tariffs.

by: Insider

Tesla has split from the 'Musk trade.' The company has its own unique problems.

Tesla shares have fallen in each of the seven weeks since Elon Musk went to Washington to cut government costs.

by: Forbes

Why Business Leaders Should Care About A Verifiable Internet

The blockchain industry has evolved rapidly, yet it still grapples with a fundamental challenge: achieving efficient, scalable and trustless verification.

by: Fortune

Skyrocketing CEO pay can lead to huge corporate culture problems and whistleblowing employees

One person cannot make the company successful. It's only through the employees, through the workforce that things get done."

by: Bloomberg

Regulatory Outlook: What deregulation and simplification mean for regulators in the UK, EU, and Middle East

While there is a new focus on deregulation and simplification for regulators globally, the regulatory landscape is likely to become even more complex as cross border divergence grows, timelines shift and implemented requirements are overhauled.

by: Insider

The career rise of billionaire Steve Cohen, the hedge fund legend who owns the Mets

Steve Cohen runs the $39 billion hedge fund Point72 Asset Management and was famously dubbed the "hedge fund king" in 2006.

by: Forbes

Financial Pitfalls To Avoid During And After Divorce

Here are some common financial mistakes to avoid during a divorce:

by: Reuters

Ageas and Allianz explore bid for British insurance group esure, sources say

Belgian insurer Ageas has retained advisors to explore a bid for British motor and home insurer esure, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market.

by: Reuters

Oil prices climb, but recession fears and tariffs limit gains

Oil prices rose 1% on Tuesday, helped by weakness in the U.S. dollar, although gains were capped as concerns mounted over a U.S. slowdown and the impact of trade tariffs on global economic growth.

by: Reuters

Deutsche Boerse's Clearstream to offer bitcoin and ether custody services

Germany's Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether.

by: Reuters

UK's Boohoo rebrands as Debenhams Group, appoints new CFO

By Chandini Monnappa (Reuters) -British online fashion retailer Boohoo said on Tuesday that it is rebranding itself as Debenhams Group and also named Phil Ellis as its new finance boss. Last October,

by: Reuters

US small business confidence extends decline in February

U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump's election victory in November, amid mounting concerns over the administration's trade policy.

by: Reuters

Britain's financial watchdog "likely to consult" on motor finance redress

Britain's Financial Conduct Authority on Tuesday said it would likely consult on an industry-wide scheme to compensate motor finance customers if the Supreme Court rules that lenders and brokers should have been more transparent about commissions.

by: Reuters

Nissan board meets Tuesday to discuss whether to replace CEO Uchida

Nissan's board of directors will meet on Tuesday to discuss potential successors to CEO Makoto Uchida, who is under pressure to step down due to the Japanese automaker's worsening earnings performance and failed merger talks with Honda .

by: Reuters

Exclusive: Bank of America eliminates some investment banking roles, sources say

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.

Tech-heavy Nasdaq suffers worst day since 2022 in $1 trillion wipeout

The 4% drop in the Nasdaq on Monday marked its worst day in years as Trump refused to rule out recession.
The tech-heavy Nasdaq Composite experienced its worst day since 2022, plummeting by 2.2% and erasing approximately $1 trillion in market value. This significant drop was triggered by disappointing earnings reports from major tech companies like Netflix and Tesla. Netflix reported lower-than-expected subscriber growth, while Tesla's stock fell after its earnings missed Wall Street's expectations. Additionally, broader market concerns about rising interest rates and economic slowdown contributed to the sell-off, as investors grew wary of high valuations in the tech sector amidst an uncertain economic outlook. The downturn in tech stocks also reflected broader market anxieties about inflation and potential policy responses from the Federal Reserve.

Read the Full Insider Article at:
https://www.msn.com/en-us/money/markets/tech-heavy-nasdaq-suffers-worst-day-since-2022-with-1-trillion-wiped-out/ar-AA1ADHZf