Jordan Erb

New York

Newsletter Editor at Bloomberg News

journalist covering travel, lifestyle, and more for @businessinsider / @thisisinsider

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Articles

Stocks Resume Their Decline on Trade War Fear: Evening Briefing Americas

1 week ago | bloomberg.com | Jordan Erb

Investor angst over Donald Trump’s tariffs enveloped every corner of Wall Street as US-China trade tensions escalated again Thursday, sparking a new slide in stocks, bonds, the dollar and oil, with liquidations in US assets pointing to disorder in the financial system. A day after dip buyers flocked to markets in the wake of the president’s partial retreat, assets tied to the economic cycle sank again, with Trump’s attempt at mollifying Wall Street providing little relief.
Stocks Continue Their Dive as Tariff War Escalates

2 weeks ago | bloomberg.com | Jordan Erb

With the Nasdaq 100 already in a bear market, soon it may be the S&P 500’s turn. Wild swings lashed Wall Street for a fourth straight session as back-and-forth trade threats between the US and China knocked stocks even lower, erasing an early rally after three days of tariff-induced carnage. The S&P 500 fell almost 1.6%, leaving it on the border of bear country.
US Consumers Are Panicking Over Reignited Inflation

3 weeks ago | bloomberg.com | David E. Rovella |Jordan Erb

The Trump administration’s continuing barrage of tariff threats, as well as the Republican president’s looming deadline for automakers next week, sent investors running for the exits again on Friday.With just one session left until the end of a quarter that’s set to be the worst for the S&P 500 since 2022, the gauge slid another 2%.
US Consumer Sentiment Takes Another Dive

4 weeks ago | bloomberg.com | Jordan Erb

US consumer confidence hit the lowest level in four years as higher prices and President Donald Trump’s escalating tariff war stoke concerns among everyday Americans about the future of the economy—and re-emerging inflation. The Conference Board’s gauge of confidence decreased 7.2 points to 92.9 while the median estimate in a Bloomberg survey of economists called for a reading of 94.
John Roberts Joins Fray as Trump Intensifies Attacks on US Courts

1 month ago | bloomberg.com | Jordan Erb

US Chief Justice John Roberts broke his silence on Donald Trump’s intensifying attacks upon America’s third branch of government as his administration inched closer to triggering a constitutional crisis. The last straw for Roberts, a Republican-appointee who in 2024 helped broadly expand presidential immunity, apparently was the 78-year-old president’s invective-filled call for the impeachment of a veteran federal judge hearing a challenge to forced deportations under the Alien Enemies Act.
Trade War Whiplash Continues as Markets Keep Sinking - Bloomberg

1 month ago | bloomberg.com | Jordan Erb

Get caught up.
Trump’s Tariff Flip-Flops Help Send Stocks Down Again

1 month ago | bloomberg.com | Jordan Erb

On Thursday, Donald Trump signed a few more executive orders. Among the scores he’s churned out since taking office, these were unique, since they partially reversed orders from just two days ago. It was the latest backpedal by the White House in the face of furious fallout both at home and abroad to his 25% sanctions against Canada and Mexico.
Trump May Be Wavering on Day One of Trade War: Evening Briefing

1 month ago | bloomberg.com | Jordan Erb

First, what happened today. Minutes after US President Donald Trump launched his trade war, America’s second and third biggest trading partners—Canada and China—fired back with powerful retaliatory tariffs of their own. The Republican’s decision to finally follow through on his repeated threats to shakeup the global economy also sent the stock market deeper into the hole it started digging yesterday. Mexico, the biggest US trading partner, took a different approach.
Trump’s Tariffs Will Reignite Inflation, New Poll Says

1 month ago | bloomberg.com | Jordan Erb

As President Donald Trump rolls out new tariff threats on an almost daily basis, most recently promising that delayed levies against Canada and Mexico will go ahead on March 4, Americans are increasingly worried. While Wall Street sees the constant threats (and the predictable headlines and chyrons that follow) as a simple negotiating ploy, a survey of everyday taxpayers shows deep concern over what will happen if Trump actually follows through.
US Recession Fears Rise as Consumer Confidence Falls

1 month ago | bloomberg.com | Jordan Erb

US consumer confidence fell this month by the most since August 2021 on concerns about the outlook for the broader economy, adding to a growing stack of indicators that uncertainty over President Donald Trump’s policies has Americans increasingly worried about their economic future. The Conference Board’s gauge of confidence decreased 7 points in February to 98.3, marking the third straight decline, data released Tuesday showed.