Business
Mega Millions is getting a makeover — including more than doubling the price of a ticket — as the multi-state lottery game aims to improve players’ odds and dish out bigger jackpots.
U.S. stocks dove Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close, because investors still have no idea what to make of President Donald Trump’s trade war.
The U.S. president has shown few signs of backing down on tariffs despite the mounting pressure in the financial markets. His commitment to tariffs could have devastating effects for the global economy, even though Trump is banking that it will ultimately pay off with manufacturing jobs.
Unsourced “headlines” about a potential “90-day pause in tariffs” sent markets into a state of turbulence Monday morning as investors sought any indication of a reprieve from the Trump administration’s new levies. The problem: It wasn’t true.
The hiring numbers were up from 117,000 in February and were nearly double the 130,000 that economists had expected. Labor Department revisions shaved 48,000 jobs off January and February payrolls.
President Donald Trump’s sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality.
Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida.
Mexico was Illinois’ second-largest export market in 2024 with $32 billion worth of goods being sent to the country. Another $19 billion worth of Mexican goods came to Illinois that year, making the country Illinois’ third-largest import market.
The S&P 500 was down 4.3% in morning trading, more than other major stock markets, and it’s on track for its worst day since COVID shattered the global economy five years ago.
President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States, threatening to upend much of the architecture of the global economy and trigger broader trade wars.
The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.
The center, at 24,000 square feet, is nearly five times the size of the office’s former Chicago Central DMV on LaSalle Street, which closed Friday and often experienced long lines and wait times because of its small size, according to a news release.
For weeks, Trump has promoted April 2 as “Liberation Day” in America, when a number of hefty tariffs will be unveiled to implement his administration’s radical economic agenda. The United States has already announced a sharp increase in tariffs on all imports of steel, aluminum and cars.
The U.S. needs more publicly funded research and development on agriculture to offset the effects of climate change, according to a paper out in Proceedings of the National Academy of Sciences this month. But instead the U.S. has been investing less.
The S&P 500 dropped 2% for one of its worst days in the last two years. It thudded to its fifth losing week in the last six after wiping out what had been a big gain to start the week.
The first of the boycotts happened last month, with more scheduled in the coming weeks. The effort includes boycotts of various companies and retailers during different time periods.