Published 1 day ago • loading... • Updated 24 hours ago

Fintech stocks like Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Summary by CNBC

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Trump's tariff announcement.

7 Articles

All

Left

Center

Right

CNBC

Center

Fintech stocks like Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending

Fintech and credit card stocks were hit particularly hard in the market rout that followed President Trump's tariff announcement.

24 hours ago

Read Full Article

Variety

Lean Left

Trump Tariffs Impact on Hollywood: Not Much ‘Direct Harm’ — but a Resulting Recession Would Be ‘One-Two Punch’ for the Entire Sector

The dramatic tariffs President Trump announced Wednesday won’t directly impose higher costs on most media and entertainment companies. However, the knock-on effects — namely, depressed U.S. consumer spending and a pullback in ad budgets — would clearly cut into Hollywood’s profits, according to analysts. Fears about the new Trump tariffs’ triggering a recession were reflected by the broad stock market sell-off Thursday. Trump’s “reciprocal” …

24 hours ago

Read Full Article

NBC Bay Area

Lean Left

‘Going to hit consumers' wallets': Trump tariffs lead to stock selloff

Thursday's tariff-induced stock market selloff was felt by both consumers and tech companies.

1 day ago

Read Full Article

Africanews

Lean Left

U.S. and global stock markets plunge after new Trump tariffs

The markets reacted violently to Donald Trump’s announcement of a new 10 per cent tariff on all imports to the United States.

1 day ago

Read Full Article

smh.com.au

Lean Left

Close to $80b wiped off ASX in two days amid tariff carnage

The Australian sharemarket dropped sharply again on Friday amid growing fears Donald Trump’s trade war will inflict a hefty toll on the world economy.

1 day ago·Australia

Read Full Article