Newsmax went public on Monday, raising $75 million from 7.5 million shares.The stock surged 667% in its debut, valuing Newsmax at about $8 billion.Newsmax's valuation is now double that of Trump Media and a third of Fox Corp.
At the end of the first quarter, the S&P 500 is reeling—don’t expect a March Madness-style comeback soon.The benchmark index is on track for its worst quarter since 2022, largely driven by concerns about President Donald Trump’s tariff policy,
Stocks across Asia and Europe have started the week on a slump, just days before Trump's reciprocal tariffs take effect.
Tesla (TSLA) stock fell as much as 6% Monday, leading Big Tech stocks downward amid investor concerns over President Trump's tariff policies and CEO Elon Musk's government role turning off potential buyers.
Markets fell to start a week that will see President Donald Trump’s wide-ranging “Liberation Day” tariffs take effect. NBC News’ Christine Romans reports on how the stock market is experiencing its worst quarter in three years.
U.S. Steel stock dropped Monday after catching a downgrade, losing ground despite the possibility of a windfall in the form of government approval of a sale to Nippon Steel. The steel maker’s shares were down 3.
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In part due to inflation, the Fed opted last week to maintain current interest rates, though it expects two rounds of cuts later this year. At its March meeting, Chairman Jerome Powell said the impact of tariffs would likely be “transitory” and the risk of a recession in his estimation is low.