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Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios. Still, despite the trillions of dollars wiped off stock market values, most have been riding it out rather than ditching everything and moving to cash, financial advisers said.

Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.

Also: Trump is losing the brosphere, Musk has gone to war against Navarro.

Wall Street's main indexes inched higher on Wednesday as investors lapped up cheaper technology stocks in a choppy session that remained centered on tariff moves as China retaliated with more levies on U.S. goods. "The reflex to buy the dip is very strong and certainly the wipeout you've seen in tech stocks makes them cheap relative to where they were," said Chris Beauchamp, chief strategist at IG. Despite the early gains, all three benchmarks were down more than 10% from the levels seen before the reciprocal U.S. tariffwere announced last week.

Donald Trump’s tariffs have triggered a “fire sale” in bond markets in one of the clearest signs yet that US assets are losing their status as a safe haven for investors.

(Bloomberg) -- The Bank of England said hedge funds have faced “significant” margin calls from their prime brokers as they navigated extreme market volatility in the aftermath of US President Donald Trump’s tariff announcements and warned that the risk of “further sharp corrections” remains high.While the central bank’s Financial Policy Committee found that so far those firms had been able to meet margin calls, it warned that the overall global risk environment has deteriorated, according to min

Miles Schwartz recently moved to the US from Canada. He told BI he hopes the move will help him scale his company to unicorn status.