Amazon Stock Gets a Downgrade as Tariff Worries Weigh on Its Shares
Amazon shares slid Monday, falling amid a downgrade by Raymond James and a broad pullback in stocks.
Amazon shares slid Monday, falling amid a downgrade by Raymond James and a broad pullback in stocks.
Trump repeated his criticism of Powell, saying in a Truth Social post that the economy could slow down unless interest rates are lowered immediately. Trump's continued criticism of the Fed chair has heightened worries about the central bank's ability to independently formulate monetary policy in the world's largest economy, undermining investor confidence in U.S. assets already diminished by Trump's tariffs.
Bitcoin has gained 2.8% past month (as of April 19, 2025 and at the time of writing) compared with 7.2% decline in the SPDR S&P 500 ETF Trust (as of April 17, 2025).
Bitcoin touches $87,000 as Trump’s feud with the Federal Reserve triggers economic uncertainty.
A number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
(Reuters) -Anna Nordstrom was tapped Monday as the permanent head of the Federal Reserve Bank of New York's Markets Group, a role she takes on immediately, the bank said in a press release on Monday. Nordstrom, who has been with the New York Fed since 2008, had been serving as interim leader of the Markets Group since December after then Markets chief Michelle Neal announced her resignation, which took effect in March. Before assuming her role in the Markets Group, Nordstrom held a number of roles in the bank's work on financial markets.
A number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
A number of stocks fell in the afternoon session after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 7.4% in the morning session as stocks grappled with more uncertainty after President Trump criticized the Federal Reserve's approach to interest rate cuts, warning that the pace was slow and could hinder economic growth. Trump's comments added pressure to an already sensitive market, raising concerns about political interference in monetary policy.
A wide array of companies helped President Trump shatter fundraising records during his second inauguration, netting $239 million.