Jesse Pound

1 week ago | nbcwashington.com | Jesse Pound

Fears of an economic slowdown have risen sharply since President Donald Trump unveiled widespread tariffs last week, sparking a sell-off in the stock market. "I think you're going to see, across the board, just a slowdown until there's more certainty. And we now have a 90-day pause on the reciprocal tariffs - that means longer, more elevated uncertainty," Fink said Friday.

1 week ago | cnbc.com | Jesse Pound

BlackRock CEO Larry Fink told CNBC on Friday that he thinks the U.S. economy has weakened to the point of growth possibly turning negative. "I think we're very close, if not in, a recession now," Fink said on "Squawk on the Street."Fears of an economic slowdown have risen sharply since President Donald Trump unveiled widespread tariffs last week, sparking a sell-off in the stock market.

2 weeks ago | cnbc.com | Jesse Pound

The relief that Wednesday's partial tariff pause brought to Wall Street lasted for less than 24 hours, as Thursday saw stocks fall sharply in another volatile session and erase a big chunk of the prior rally. The sell-off was broad and deep, with the S & P 500 down more than 6% at its lows of the day.

2 weeks ago | cnbc.com | Jesse Pound

The ICE U.S. Dollar Index dropped sharply again on Thursday, putting the greenback on track for its worst day since 2022. The index, which measures the U.S. dollar against a basket of global currencies, was last down 1.83% to 101.02. At one point in the session, it slipped below the 101 level. The index hasn't closed below that threshold since September. The drop Thursday widens the struggle for the dollar in the face of President Donald Trump's aggressive trade policy.

2 weeks ago | nbcnewyork.com | Jesse Pound

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