[The stream is slated to start at 11:25 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Virginia.The central bank leader’s appearance, including prepared remarks and a Q-and-A session after, comes at a time of heightened market uncertainty regarding President Donald Trump’s aggressive tariffs against U.S. trading partners.In March, the Fed voted to hold its benchmark interest rate steady while noting the issues over trade policy. Other Fed officials in recent days have expressed…
Author: usaeverydaylife
Individual investors poured into the U.S. stock market on Thursday, even with institutional counterparts dumping holdings as President Donald Trump’s tariff rollout rocked markets. Everyday traders bought $4.7 billion worth of U.S. equities on net during the session, according to JPMorgan. That’s the largest daily sum in the past decade, the bank found. They were “de-liberately buying the dip,” JPMorgan’s Emma Wu wrote in a note to clients, alluding to Trump’s “liberation day” title for the unveiling of his controversial tariff plans. The S & P 500 tumbled 4.8% on Thursday, marking its biggest one-day slide since 2020. Markets around…
Pedestrians walk by an advertisement for Klarna.Daniel Harvey Gonzalez | In Pictures via Getty ImagesKlarna and StubHub are delaying plans to go public after President Donald Trump’s sweeping tariff announcement sent shockwaves through U.S. markets.The companies put their long-awaited debuts on pause because of market turbulence, according to a source familiar with the matter who asked not to be named because the discussions are confidential. Neither company has a timeline for when it will pursue an offering, the person said.Goldman Sachs, which is leading the Klarna IPO, declined to comment. Representatives from StubHub didn’t immediately respond to a request for comment.Both…
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty ImagesTechnology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.Tesla and Nvidia led the losses, plunging more than 9% and 7%, respectively, after slumping more than 5% during Thursday’s session. Apple lost 5%, bringing its week-to-date drop to more than 11%. The company is under pressure as new tariffs target some of its secondary manufacturing locations…
Start times matter in sports when it comes to championship game viewership. The World Series, the NBA Finals, the Stanley Cup Final, the NCAA men’s basketball title game and college football national championship game, just to name a few mega-events, all commence in a prime time (on the East Coast) television window. The Super Bowl airs slightly earlier (roughly 6:30 p.m. ET) but concludes in the middle of prime time. There is a reason television programmers have historically done this, and it follows the same adage that Willie Sutton used when someone asked him why he robbed banks.Because that’s where…
“FREE MARINE LE PEN!”With this blunt call, a strange one in that the French far-right leader is walking the streets of Paris, President Trump has waded into the politics of an ally, condemning her conviction this week on embezzlement charges and her disqualification from running for public office.The conviction was “another example of European Leftists using Lawfare to silence Free Speech,” Mr. Trump wrote on Truth Social. Elon Musk, his billionaire aide, drove home the point: “Free Le Pen!” Mr. Musk echoed on his social media platform X.More than an extraordinary American intervention in French politics, the statements ignored the…
US Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on March 19, 2025. Roberto Schmidt | Afp | Getty ImagesFederal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation and lower growth, and indicated that the central bank won’t move on interest rates until it gets a clearer picture on the ultimate impacts.In a speech delivered before business journalists in Arlington, Va., Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced…
“April showers bring May flowers” is an old adage. Current trade tariff negotiations feel closer to a flash flood than a simple shower. Inside of the uncertainty and dramatic increase in volatility, I want to take a hedge approach to produce income off the S & P 500 . Since President Donald Trump’s surprisingly severe trade tariff announcement, the S & P 500 has dropped another 5% in less than 36 hours. The magnitude of the tariffs caught global investors off-side. Despite many investors believing this is just the blunt negotiating methods that Trump has historically used, the real economic…
The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, November 18, 2021.Jason Redmond | ReutersPresident Donald Trump’s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, threatening an industry that helps soften the U.S. trade deficit by more than $100 billion a year.”It certainly makes things more expensive for the industry,” Dak Hardwick, vice president of international affairs at the Aerospace Industries Association, which represents Boeing, GE Aerospace, Airbus and dozens of other…
Have Nottingham Forest worked out a foolproof method of beating the Premier League’s ‘Big Six’?Tuesday’s 1-0 victory against Manchester United took them to 18 points from a possible 30 in their head-to-head encounters with the Premier League’s historical and financial giants so far this season.Of the division’s other 14 clubs, only Brighton and Hove Albion can match Forest’s rate of success against Arsenal, Liverpool, Chelsea, Manchester City, Manchester United and Tottenham Hotspur this season, and crucially, those points have put Forest into an extremely strong position in the race for Champions League qualification.But whereas Brighton often go toe-to-toe stylistically with…
