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Day: April 9, 2025

Stock market slides as U.S. prepares to impose 104% tariff on China

New York Stock Exchange on the corner of Wall Street and New Street

The stock market slid on Tuesday at closing, after a rally that had sent the S&P 500 and Nasdaq up more than 4% earlier in the day. The Dow Jones Industrial Average closed down 320 points –

Supreme Court allows Trump administration to terminate 16,000 probationary federal workers

Supreme Court of the United States in Washington DC in a sunny day^ USA

The Supreme Court on Tuesday allowed the Trump administration’s firing of 16,000 probationary federal employees across six agencies and departments to go forward. The high court’s 7-2 decision blocks a ruling from a lower court judge that required

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