US stocks plunged in after-hours trading on Wednesday as investors reacted to President Donald Trump’s decision to impose sweeping tariffs that could escalate a growing trade war and disrupt the global economy. Dow futures plummeted more than 1,100 points, or 2.7%, while S&P 500 futures sank 3.9% and Nasdaq 100 futures plunged 4.7%. The selloff began as Trump unveiled his plan, holding up a chart that depicted how rates would increase for each country.

US stocks took a sharp turn downward in after-hours trading on Wednesday as investors reacted to President Donald Trump’s announcement of sweeping tariffs that could escalate a growing trade war and disrupt the global economy. Dow futures plummeted more than 1,100 points, or 2.7%, while S&P 500 futures sank 3.9% and Nasdaq 100 futures plunged 4.7%. The selloff began as Trump unveiled his plan, holding up a chart that depicted how rates would increase for each country.

On April 2, 2025, President Donald Trump unveiled an expansive new set of tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” This bold initiative aims to address what Trump perceives as unfair trade practices by other countries. However, most economists warn that this move could send prices higher for American consumers and weaken economic growth. The tariffs, which include a 10% rate on all imports and even higher rates for about 60 countries with significant trade deficits, represent the most significant escalation in US tariffs since the Smoot-Hawley Act of 1930.

On April 2, 2025, President Donald Trump declared a national economic emergency and announced sweeping tariffs on imports from all countries, with higher rates targeting the “worst offenders.” This move marks a significant escalation in the global trade war and is expected to have far-reaching economic consequences.

Nintendo's announcement of the Switch 2 on Wednesday marks a significant moment for the video game giant. As the sequel to its wildly successful hybrid game console from over eight years ago, the Switch 2 is poised to launch on June 5 for $449.99, a substantial increase from the original Switch's $300 price. This new console is not just a product launch; it is a strategic move that will likely shape the next decade for one of the world's most recognizable video game companies.

The egg shortage that has plagued consumers for months may finally be easing. According to the US Department of Agriculture (USDA), wholesale egg prices fell to $3.00 a dozen last week, marking a 9% decline from the previous week. This is welcome news for consumers who have faced high prices and limited availability for months. In February, the price of a dozen eggs hit a 10-year high, retailing for $5.90.

Tesla’s sales plunged 13% in the first three months of 2025, marking the largest drop in deliveries in the company’s history. This decline is a stark contrast to the company’s previous growth trajectory, which saw year-over-year sales increases of between 20% and 100%. The company reported delivering 336,681 cars in the first quarter, down from 387,000 in the same period last year. This represents the worst sales performance in nearly three years.

Anxieties about an artificial intelligence (AI) bubble on Wall Street are as old as ChatGPT itself. (Which is to say, those anxieties are firmly in their toddler years.) Is AI the new tulip mania, dot-com boom, or collateralized debt obligation? Or is all the hype about the hype itself … overhyped? It depends (of course).

America’s economic engine is running a little rough these days. Consumer confidence is cratering, debt burdens are growing, people are worrying more about their jobs, and they’re pulling back on some spending out of caution. While the overall fundamentals that prop up the consumer remain solid, the risks have heightened significantly. High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more susceptible at a time when the sheer unpredictability of the Trump administration’s policies— including massive tariffs that are projected to result in higher prices—are chilling spending and investment plans.

President Donald Trump’s promised tariffs, dubbed “Liberation Day,” are set to go into effect immediately, according to the White House. Scheduled to be announced at a Rose Garden ceremony at 4 p.m. ET on Wednesday, these tariffs represent the most aggressive trade policy move by the most tariff-obsessed president in modern history. While many details remain unknown, even to Trump himself, the implications of this move are expected to be far-reaching and potentially disruptive.

The US commercial real estate (CRE) sector faces mounting pressure as remote work trends reshape office demand and debt obligations loom. Over $2.1 trillion in CRE loans are set to mature by 2025, with office properties accounting for a significant share1. Elevated interest rates, tightened lending conditions, and declining valuations have exacerbated refinancing challenges, particularly for regional banks heavily exposed to CRE loans

Germany's carefully monitored four-day work week pilot has yielded nuanced insights into the relationship between reduced working hours and organizational performance. The nationwide trial involving 45 companies across manufacturing, IT, and professional services reveals both unexpected benefits and stubborn challenges in restructuring traditional work patterns.

Brazilian fintech unicorn Nubank has embarked on an aggressive expansion across Latin America, testing whether its digital banking model can achieve sustainable profitability beyond its domestic stronghold. The company's multi-country growth strategy combines product localization with centralized technology infrastructure, presenting unique financial challenges and opportunities in the region's diverse markets.

The German government has launched a comprehensive subsidy initiative to accelerate digital transformation among small and medium-sized enterprises (SMEs) under its Industry 4.0 framework. This €6 billion program reflects Germany's strategic response to maintaining industrial competitiveness amid global technological shifts, particularly targeting the Mittelstand companies that form the backbone of its economy.

Tesla's ambitious Optimus humanoid robot project has encountered significant production timeline setbacks, marking another challenge in Elon Musk's vision to revolutionize robotics. The delay in mass production, initially projected for 2024, reveals fundamental hurdles in transitioning from prototype to manufacturable product in the emerging humanoid robotics sector.

Google's DeepMind has made significant strides in transitioning its healthcare AI research into real-world clinical applications, though the path to widespread commercialization remains complex. The UK-based AI lab's healthcare initiatives now face critical tests as they move from experimental collaborations with the NHS toward scalable, revenue-generating products in global markets.