The Los Angeles Post
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Today: April 23, 2025
Today: April 23, 2025
MATT OTT

MATT OTT

Staff Writer

Latest From MATT OTT

Asia|Business|Finance|Political|Stock Markets

Wall Street rallies and recovers Monday's losses as the dollar and US bond market steady

U.S. stocks jumped in a widespread rally and more than made up for their sharp drops from the day before

Wall Street rallies and recovers Monday's losses as the dollar and US bond market steady
Business|Economy|US

US jobless benefit claims fall last week as labor market remains strong despite recession fears

U.S. applications for jobless benefits fell again last week as the labor market continues to hold up despite fears of a tariff-induced recession

US jobless benefit claims fall last week as labor market remains strong despite recession fears
Asia|Business|Economy|Finance|Political|Stock Markets|US

Most US stocks rise, but UnitedHealth's worst day in decades keeps Wall Street in check

Most U.S. stocks rose, but the worst drop for UnitedHealth Group in a quarter century kept Wall Street in check

Most US stocks rise, but UnitedHealth's worst day in decades keeps Wall Street in check
Asia|Business|Economy|Finance|Stock Markets

US stocks drop as Nvidia slides and the fog of Trump's trade war thickens

U.S. stocks dropped as the costs of U.S. restrictions on global trade compounded

US stocks drop as Nvidia slides and the fog of Trump's trade war thickens
Asia|Business|Economy|Finance|Stock Markets|US

Wall Street drifts through a rare quiet day following weeks of tariff turmoil

U.S. stocks drifted through a rare quiet day for financial markets worldwide

Wall Street drifts through a rare quiet day following weeks of tariff turmoil
Asia|Business|Economy|Political|Stock Markets|Technology|US

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now

Stocks rallied worldwide after President Donald Trump relaxed some of his tariffs and as stress from within the U.S. bond market seemed to ease

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
Business|Economy|Finance|Political|Stock Markets|US

JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events

JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but the bank warned of global economic uncertainties ahead due to President Donald Trump’s ongoing trade war and other geopolitical calamities

JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events
Business|Economy|US

US jobless benefit applications rise modestly as labor market remains largely unfazed by trade war

Slightly more Americans filed for unemployment benefits last week, but the labor market remains broadly healthy despite an ongoing trade war

US jobless benefit applications rise modestly as labor market remains largely unfazed by trade war
Asia|Business|Economy|Political|Stock Markets

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Business|Economy|Finance|Political|Stock Markets|US

Oil prices fall, then recover, after Trump announces 90-day tariff pause -- excluding China

Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and reduced energy demand, both casualties of a trade war that began after President Donald Trump ordered widespread tariffs against the imports of U.S. trading partners

Oil prices fall, then recover, after Trump announces 90-day tariff pause -- excluding China
Asia|Business|Economy|Finance|Stock Markets|US

Wall Street's euphoria sends US stocks to historic gains after Trump pauses most of his tariffs

U.S. stocks soared to one of their best days in history on a euphoric Wall Street after President Donald Trump said he would back off on most of his tariffs temporarily

Wall Street's euphoria sends US stocks to historic gains after Trump pauses most of his tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

US stocks dive after another stunning reversal as uncertainty reigns about Trump's tariffs

U.S. stocks dove following another stunning reversal

US stocks dive after another stunning reversal as uncertainty reigns about Trump's tariffs
Asia|Business|Economy|Political|Stock Markets|US

Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs

Wall Street’s worst crisis since COVID slammed into a higher gear

Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
Business|Economy|Finance|Political|Stock Markets|US

Wall Street heavyweights take a drubbing, from airlines to Big Tech

U.S. companies were hammered again in the stock market Friday after China matched President Donald Trump’s tariffs in what is a rapidly escalating trade war

Wall Street heavyweights take a drubbing, from airlines to Big Tech
Business|Economy|US

Fewer Americans file for jobless benefits last week as labor market continues to show strength

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years

Fewer Americans file for jobless benefits last week as labor market continues to show strength
Asia|Business|Economy|Finance|Political|Stock Markets|US

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Financial markets around the world reeled following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market took the worst of it

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock
Asia|Business|Economy|Finance|Political|Stock Markets|US

A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday

U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy

A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: More swerves hit Wall Street as Trump's "Liberation Day" nears

U_S_ stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”

Stock market today: More swerves hit Wall Street as Trump's "Liberation Day" nears
Asia|Business|Economy|Finance|Stock Markets|US

Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide

President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide

Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide
Business|Crime|Political|Technology|US

Convicted of bilking investors, Nikola founder and Trump donor gets a presidential pardon

The founder of an electric car start-up sentenced to prison for exaggerating the potential of his technology has been pardoned by President Donald Trump, potentially wiping out hundreds of millions of dollars in restitution that prosecutors were seeking for bamboozled investors

Convicted of bilking investors, Nikola founder and Trump donor gets a presidential pardon
Asia|Business|Economy|Political|Stock Markets|US

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation

Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war

Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation
Business|Economy|US

US applications for unemployment benefits hold steady, remain in recent healthy range

U.S. applications for unemployment benefits held steady last week, a sign that the labor market remains healthy as companies continue to retain their employees

US applications for unemployment benefits hold steady, remain in recent healthy range
Asia|Business|Economy|Political|Stock Markets|US

Stock market today: Wall Street slips following Trump's latest tariffs, despite solid economic data

Wall Street edged lower after getting pulled in opposite directions as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks

Stock market today: Wall Street slips following Trump's latest tariffs, despite solid economic data
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

Drops for Nvidia, Tesla and other former superstars dragged Wall Street lower

Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop
Business|Economy|US

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

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