Plus: Trump won't fire Powell, Elon heading back to Tesla after earnings miss, QB Josh Allen joins VC firm, and Cantor Fitzgerald's latest venture with Softbank.
Plus: Dow faces worst April since Great Depression after Trump calls Powell "major loser," Harvard's cuts could unravel Boston economy & why the real Trump trade is 'Sell America.'
Plus: Trump’s economic approval drops to a record low, gold hits a new high, Americans are moving money to Swiss accounts, and Ackman teases a Hertz-Uber partnership.
Both private equity and venture capital firms expect the challenging fundraising market to persist through 2025.
Plus: Trump says Powell's termination 'cannot come fast enough,' Blackstone CEO sounding the alarm on tariffs, Hertz is up 126% in two days, and UNH crashed 23%.
Plus: Hertz popped 56% after Ackman disclosed, Nvidia fell 7% on chip controls, Figma filed for IPO, and Trump wants to revoke Harvard’s tax-exempt status.
Is anything safe?
Plus: United issues two forecasts calling economy ‘impossible’ to predict, OpenAI may be dropping a social network, Ryan Cohen is levering up, and the first green stock exchange.
Plus: Economic anxiety is on the rise, 60% of CEOs now expect a recession, Carmaker stocks rose, chip tariffs coming next week, and Starbucks tightens dress code.
Plus: Activist nuns target corporate America, Tariff U-turn on electronics, Harvard faculty sue Trump admin, Jamie Dimon is sounding the alarm on S&P 500 earnings.
We calculate the ROI of our investments but what about the ROI of our happiness?
Plus: China slaps 125% retaliatory tariffs, Prada buys Versace, PWP CEO made $27M, Bill Ackman is down bad, and Apple flew in 600 tons of iPhones before tariffs kick in.
