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US stock market wipes out over $5 trillion on Donald Trump’s tariff war

Donald Trump administration’s tariffs “could have a persistent impact on inflation," warned Federal Reserve Chairman Jerome Powell.

The S&P 500 has lost 11% the past two sessions in the steepest two-day slide since March 2020, when the Covid pandemic pushed the global economy into lockdown. (REUTERS)
Updated on Apr 05, 2025 09:41 PM IST
Bloomberg |

IITian CEO remembers first office in Mumbai slum with 6,000 per month rent

As Bewakoof turns 13, CEO Prabhkiran Singh reflects on challenges faced since starting in a Mumbai slum. 

Bewakoof CEO remembers the company's first office in a Mumbai slum(LinkedIn/prabhkiran-singh-a5124918)
Updated on Apr 01, 2025 03:29 PM IST

Elon Musk reacts as Tesla shares take a beating: "It will be..."

Tesla's stock fell 15% on Monday, marking its worst trading day in over four years amid concerns about demand for electric vehicles.

Elon Musk flashes his t-shirt that reads
Updated on Mar 11, 2025 10:08 AM IST

‘$0 to $10 billion in…’: Netizens on Donald Trump's meme coins

The Trump memecoins are marketed with a picture of Trump holding a fist up superimposed over the words “FIGHT FIGHT FIGHT”.

FILE PHOTO: US President-elect Donald Trump arrives to attend a rally the day before he is scheduled to be inaugurated for a second term, in Washington, (REUTERS)
Updated on Jan 20, 2025 10:28 AM IST

Nvidia under China probe amid mounting tech tensions with the US

China has launched an investigation into Nvidia over possible anti-monopoly violations linked to its 2020 acquisition of Mellanox Technologies.

The Chinese government has launched a probe into Nvidia for alleged anti-monopoly law violations related to its Mellanox acquisition.
REUTERS/Dado Ruvic/File Photo(REUTERS)
Published on Dec 09, 2024 08:51 PM IST
Bloomberg | | Posted by Bhavika Rathore
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