Travel disruptions, tariffs, and layoffs are rattling major sectors. Delta, Nike, and Walmart show mounting damage. As the AI bubble bursts, a 30% market drop looks increasingly likely.

The damage to the economy is becoming undeniable as we face government layoffs, spending cuts, tariffs, and increasingly strained international relations. The Trump administration’s policies have angered some of our closest allies, deported countless individuals, and led to the harassment …

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Trump says he’s lifting tariffs on most goods from Mexico for 4 weeks amid economic fears from trade war

WASHINGTON (AP) — Trump says he’s lifting tariffs on most goods from Mexico for 4 weeks amid economic fears from trade war. https://finance.yahoo.com/news/trump-says-hes-lifting-tariffs-163610783.html https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html Update: Tariffs against Canada are also paused https://finance.yahoo.com/news/trump-likely-defer-tariffs-usmca-153549096.html h/t Patrick_Liu

NHL could be hit hard by tariffs.

NHL Commissioner Gary Bettman said the league might be affected by tariffs and relations between the U.S. and Canada because players in both countries are paid in U.S. dollars. Bettman joined CNBC’s “Squawk Box” to discuss the league’s 2024-25 season, …

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Automakers hit hardest by the tariffs

The U.S. automakers build, assemble and use parts from Canada and Mexico. GM, Ford and Stellantis shares slammed. Workers load Chrysler minivans at the Stellantis Windsor Assembly Plant in Windsor, Ontario, January 31, 2025. The global economy is bracing for …

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