Wall Street – Virgin Islands Free Press

Trump’s first 100 days are the worst for the stock market since Nixon

President Donald Trump’s first 100 days in office are the worst for the stock market for the start of a president’s four-year term since the 1970s. The S&P 500′s 7.9% drop…

John McCarthy April 28, 2025

Breaking News Business News National News

Tariff-driven Wall Street pain sparks investors to weigh more gloomy scenarios

NEW YORK (Reuters) — A dramatic U.S. stock slide is fanning fears of even more dire scenarios for the market, as investors weigh the potential for a prolonged global trade…

John McCarthy April 16, 2025

Breaking News Business News National News

Wall Street could be headed for a bear market. Here’s what that means

NEW YORK (AP) — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will…

John McCarthy April 7, 2025

Breaking News Business News National News

Stock market rout deepens as Dow plunges more than 2,200 points and Nasdaq enters bear market

NEW YORK (CBS) — Financial markets ended a tumultuous week with a thud, as stocks tumbled for a second straight day on concerns about the economic fallout from new U.S.…

John McCarthy April 4, 2025

Breaking News Business News National News

Congress has the power to halt Trump’s tariffs. But Republicans aren’t ready to use it

WASHINGTON (AP) — As stock markets tumble in the aftermath of President Donald Trump’s sweeping tariffs, Republicans in Congress were watching with unease and talking of clawing back their power to levy tariffs…

John McCarthy April 4, 2025

Breaking News Business News International News

Sell-off worsens worldwide and Dow drops 1,000 after China retaliates against Trump tariffs

NEW YORK (AP) — Stock markets worldwide are careening even lower today after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market,…

John McCarthy April 4, 2025

Breaking News Business News Consumer News

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and stagflation

NEW YORK (AP) — Another wipeout walloped Wall Street today. Worries are building about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade…

John McCarthy March 28, 2025

Breaking News Business News Government House News

Governor voices ‘concern’ about current ‘economic market trends’

CHRISTIANSTED — Governor Albert Bryan said he "is closely monitoring troubling signs in the global economy that could impact the Virgin Islands’ tourism industry, household costs, and overall economic stability."…

John McCarthy March 13, 2025

Breaking News Business News National News

Wall Street keeps shaking, and stocks sway between gains and losses as Trump’s trade war escalates

NEW YORK (AP) — Wall Street keeps shaking because of tariffs. Stocks jumped to a big early gain, gave it back and then went up again as a volatile week…

John McCarthy March 12, 2025

Breaking News Business News Military News

Dow recovers much of 600-point loss on Ukraine, Canada developments

NEW YORK (CBS) — Stocks today erased most of their losses in a volatile session as positive news on U.S. relations with Canada and Ukraine helped offset concerns spurred by…

John McCarthy March 11, 2025