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Asian shares nosedived on Monday after the meltdown Friday on Wall Street over US President Donald Trump’s tariff hikes and the backlash from Beijing. US futures also signalled further weakness. The future for the S&P 500 lost 4.2%, while that for the Dow Jones Industrial Average shed 3.5%. The future for the Nasdaq lost 5.3%. […]
Jim Cramer, American TV personality and market analyst, warned that Monday, April 7, might see the worst one-day decline since 1987’s “Black Monday,” when markets around the world crashed, with the US Dow Jones Industrial Average plunging 22.6%. The warning comes after US President Donald Trump’s trade tariffs shook countries all over the world this […]
After Donald Trump’s trade tariffs rattled nations worldwide this week, American TV personality and market commentator Jim Cramer warned that Monday could witness the worst single-day drop since 1987’s “Black Monday,” when markets worldwide crashed, led by the US Dow Jones Industrial Average, which plunged 22.6 per cent. While hosting his show Mad Money on […]
Gunfights on Monday shook a Mexican border city plagued by drug cartel-related violence, forcing the suspension of flights at the local airport, authorities said. The violence in Nuevo Laredo, just south of Texas, followed the arrest of an alleged local cartel leader, Ricardo Gonzalez, alias “El Ricky.” The U.S. consulate in Nuevo Laredo issued a […]
Joe Biden’s belated decision to allow Ukraine to use US-supplied, long-range missiles inside Russia will be cheered by Kyiv and will almost certainly prompt the UK to follow suit. But the stunning shift in US policy – just weeks before Donald Trump takes over as US president – will also trigger fury and fresh threats […]
” frameBorder=”0″ class=”dcr-ivsjvk”> If that were to be replicated when voters go to the polls on 5 November, it would get Trump past the 270 electoral college votes threshold needed for victory and propel him back to the Oval Office. The crumb of comfort for Harris is that, with multiple surveys telling contradictory tales when […]
Topline An intense solar storm could disrupt communications and trigger flashy displays of the Northern Lights across large parts of the U.S. on Friday, the National Oceanic and Atmospheric Administration
U.S. President Joe Biden delivers remarks on Australia, United Kingdom, United States (AUKUS) Partnership as Prime Minister Rishi Sunak of the United Kingdom and Prime Minister Anthony Albanese of Australia participate at Naval Base Point Loma in San Diego, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The trilateral defense and security […]
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Trump’s comments on recession and stock market drop trigger economic worry for Black communities
Black Hot Fire Network
March 12, 2025
After President Donald Trump refused to rule out a recession and the U.S. stock market saw its steepest decline this year to date, there are growing concerns about the health of the economy and the disproportionate impact an economic downturn would have on Black households. Despite promising to usher America into its “golden age” and […]