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3 weeks ago | 
crainsnewyork.com | Jeran Wittenstein |Carmen Reinicke |Matthew Griffin
Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession. The damage was heaviest in companies whose supply chains are most dependent on overseas manufacturing. Apple, which makes the majority of its U.S.-sold devices in China, was down about 8% after the open.
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3 weeks ago | 
news.bloombergtax.com | Matthew Griffin |Norah Mulinda
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 month ago | 
japantimes.co.jp | Carmen Reinicke |Matthew Griffin
What had been a steady pullback from the U.S. stock market accelerated sharply Monday as investors retreated from virtually every type of risk. Tech stocks tumbled by the most since 2022, sending the Nasdaq 100 Index diving nearly 4%. Crypto prices slid. Corporate bond sales were scrapped. Wall Street’s fear gauge and a key measure of credit risk surged. And Treasuries rallied, pulling yields down steeply, as they took on the role as haven of last resort.
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1 month ago | 
ca.finance.yahoo.com | Carmen Reinicke |Matthew Griffin
(Bloomberg) -- What had been a steady pullback from the US stock market accelerated sharply Monday as investors retreated from virtually every type of risk. • None NJ College to Merge With State School After Financial Stress• None Where New York City's Zoning Reform Will Add Housing• None Buffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpTech stocks tumbled by the most since 2022, sending the Nasdaq 100 Index diving nearly 4%. Crypto prices slid.
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1 month ago | 
financialpost.com | Carmen Reinicke |Matthew Griffin
Within the stock market itself, shifts in and out of different sectors told the same story: Growing fear that President Donald Trump’s tariff hikes, spending cuts and geopolitical shakeups will stall what until recently has been an economy that constantly defied naysayers with its strength. Trump and his surrogates have started warning that retooling the US economy may bring some near-term pain — and investors are preparing for just that.
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2 months ago | 
advisorperspectives.com | Michael Msika |Matthew Griffin
“The imposition of tariffs, which is very likely, and any reciprocity will have an impact on our business and profitability,” Vaibhav Taneja, chief financial officer of Tesla Inc., said during the company’s earnings call on Wednesday. “We’ve tried to localize our supply chain in every market, but we are still very reliant on parts from across the world for all our businesses,” he added.
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2 months ago | 
ca.finance.yahoo.com | Michael Msika |Matthew Griffin
(Bloomberg) -- It’s early days, but there already appears to be a clear buzzword among corporate executives this earnings season: tariffs. • None US Students’ Reading Scores Drop to Worst in More Than 20 YearsThe word has been used at least 140 times in first-quarter sales and earnings transcripts of S&P 500 and Stoxx Europe 600 companies.
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Dec 11, 2024 | 
financialpost.com | David Carey |Matthew Griffin |Gillian Tan
Bonderman died on Wednesday, according to a statement from his family and TPG. A cause of death wasn’t cited. Bonderman was a leading member of a generation of financial entrepreneurs who built fledgling buyout shops into Wall Street powerhouses. Others include Henry Kravis, Steve Schwarzman and David Rubenstein. TPG, the firm he started with Jim Coulter in 1992, had $239 billion of assets under management as of Sept. 30, 2024. Bonderman had an eye for unconventional bets.
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Dec 11, 2024 | 
bloomberg.com | David Carey |Matthew Griffin |Gillian Tan
David Bonderman, the colorful yet publicity-shy co-founder of private equity titan TPG Inc. who became a billionaire by spearheading massive company takeovers, bailouts of foundering enterprises and splashy investments in startups, has died. He was 82. Bonderman died on Wednesday, according to a statement from his family and TPG. A cause of death wasn’t cited.
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Dec 8, 2024 | 
bloomberg.com | Samantha Stewart |Matthew Griffin
Good morning. Bashar al-Assad’s regime falls, ending Syria’s brutal ruling dynasty. Bad news for TikTok may be good news for rivals. And Hello Kitty’s iconic character is under threat from a new generation. Listen to the day’s top stories. Syrian President Bashar al-Assad’s regime has been toppled in a lightning rebel advance, putting an end to more than half a century of his family’s rule. The Syrian president fled the country to Moscow and was granted asylum, Russian state agency TASS reported.
