Maria Aspin

Oil futures are down and Bitcoin, which trades around the clock, is down below $77,000. Remember, it hit $100,000 not that long ago, weeks after President Trump was elected, on the industry's hopes for a more crypto-friendly president.

Oil futures are down and Bitcoin, which trades around the clock, is down below $77,000. Remember, it hit $100,000 not that long ago, weeks after President Trump was elected, on the industry's hopes for a more crypto-friendly president.

Oil futures are down and Bitcoin, which trades around the clock, is down below $77,000. Remember, it hit $100,000 not that long ago, weeks after President Trump was elected, on the industry's hopes for a more crypto-friendly president.

Well, Wall Street has been slow to speak out. But today or last night, billionaire fund manager and Trump supporter Bill Ackman, who endorsed the president during last year's election, has warned on X that the U.S. is destroying confidence in the U.S. as a place to do business. And he's called for a 90-day pause on tariffs to avoid what he calls economic nuclear war.

Well, Wall Street has been slow to speak out. But today or last night, billionaire fund manager and Trump supporter Bill Ackman, who endorsed the president during last year's election, has warned on X that the U.S. is destroying confidence in the U.S. as a place to do business. And he's called for a 90-day pause on tariffs to avoid what he calls economic nuclear war.

Well, Wall Street has been slow to speak out. But today or last night, billionaire fund manager and Trump supporter Bill Ackman, who endorsed the president during last year's election, has warned on X that the U.S. is destroying confidence in the U.S. as a place to do business. And he's called for a 90-day pause on tariffs to avoid what he calls economic nuclear war.

And he is just one of many people sounding the alarm. NPR last night talked to Mark Zandi, chief economist at Moody's Analytics. He says Wall Street is panicked.

And he is just one of many people sounding the alarm. NPR last night talked to Mark Zandi, chief economist at Moody's Analytics. He says Wall Street is panicked.

And he is just one of many people sounding the alarm. NPR last night talked to Mark Zandi, chief economist at Moody's Analytics. He says Wall Street is panicked.

And he's hardly alone with that warning. The investment bank J.P. Morgan also warned last week that if Trump keeps the tariffs, they could push the U.S. and the world into a recession. Even if things don't get that bad, this current market sell-off could have real consequences and real pain for most consumers. About 60% of U.S.

And he's hardly alone with that warning. The investment bank J.P. Morgan also warned last week that if Trump keeps the tariffs, they could push the U.S. and the world into a recession. Even if things don't get that bad, this current market sell-off could have real consequences and real pain for most consumers. About 60% of U.S.

And he's hardly alone with that warning. The investment bank J.P. Morgan also warned last week that if Trump keeps the tariffs, they could push the U.S. and the world into a recession. Even if things don't get that bad, this current market sell-off could have real consequences and real pain for most consumers. About 60% of U.S.

households own stocks, and a lot of people have their retirement accounts and other long-term savings invested in the market. And also, let's not forget, these new tariffs are widely expected to raise prices on almost everything that Americans import.

households own stocks, and a lot of people have their retirement accounts and other long-term savings invested in the market. And also, let's not forget, these new tariffs are widely expected to raise prices on almost everything that Americans import.

households own stocks, and a lot of people have their retirement accounts and other long-term savings invested in the market. And also, let's not forget, these new tariffs are widely expected to raise prices on almost everything that Americans import.

Trump has mostly shrugged it off. Yesterday, Commerce Secretary Howard Lutnick told CBS that the tariffs are here to stay. And then last night, Trump was asked by reporters about how much pain he'd be willing to tolerate. And this is what he said.

Trump has mostly shrugged it off. Yesterday, Commerce Secretary Howard Lutnick told CBS that the tariffs are here to stay. And then last night, Trump was asked by reporters about how much pain he'd be willing to tolerate. And this is what he said.

Trump has mostly shrugged it off. Yesterday, Commerce Secretary Howard Lutnick told CBS that the tariffs are here to stay. And then last night, Trump was asked by reporters about how much pain he'd be willing to tolerate. And this is what he said.

But while Trump is calling these sweeping tariffs medicine, almost everyone else is warning that they are bad for consumers, investors, businesses, and the global economy.

But while Trump is calling these sweeping tariffs medicine, almost everyone else is warning that they are bad for consumers, investors, businesses, and the global economy.