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KentStater

Market veterans know that shutdowns tend to be minor events for the stock market.

Government shutdowns usually don’t hurt the economy. This time could be different

Matt Egan, CNN September 29, 2025

New York (CNN) — Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that...

Yale researchers found that tariff hikes will likely increase the number of Americans living in poverty by 875,000 in 2026, including an additional 375,000 children in poverty.

Trump’s tariffs could push nearly 1 million Americans into poverty, report finds

Matt Egan, CNN September 10, 2025

New York (CNN) — President Donald Trump’s sweeping tariff regime is already reshaping global trade and spiking government customs revenue. But these historic import taxes could also push more Americans...

The most aggressive tariff move yet by the most tariff-obsessed president

Matt Egan, CNN April 1, 2025

New York (CNN) — On the campaign trail, President Donald Trump vowed to aggressively slap tariffs on US imports as a catch-all solution to almost any problem. Trump has kept his promise — so much...

Tensions are so high at Columbia ahead of Passover that all classes will be virtual today

Matt Egan, CNN April 22, 2024

Officials at Columbia University, facing surging tensions on campus that raised safety concerns, have announced all classes will be virtual on Monday as Passover begins. Columbia President Minouche...

Two investors in Trump Media insider trading case plead guilty

Matt Egan, CNN April 3, 2024

CNN -- Florida venture capitalist Michael Shvartsman and his brother Gerald Shvartsman pleaded guilty on Wednesday to participating in an insider trading scheme linked to the blockbuster...

Billionaire whose firm backed Trump’s $175 million bond reveals how the deal came together

Matt Egan, CNN April 2, 2024

CNN--Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, told CNN on Tuesday that the deal to underwrite former President Donald Trump’s $175 million bond in New York came...

Bank deposit delays: Some customers still haven’t been paid

Matt Egan, CNN November 6, 2023

New York CNN — Some customers still haven’t received their direct deposit paychecks following a “human error” last week deep in the plumbing of America’s banking system. The deposit delays...

Venezuela is in chaos. Iran is grappling with US sanctions. And now there's a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $64 a barrel.

There’s trouble in OPEC and oil prices are up 50%

Matt Egan April 9, 2019

(CNN) -- Venezuela is in chaos. Iran is grappling with US sanctions. And now there's a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above...

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