
US stock market's rollercoaster ride since Trump took office
US stock market's rollercoaster ride since Trump took office
President Donald Trump's first 100 days coincided with the stock market's third-worst start to any presidency in US history, only behind Richard Nixon and Gerald Ford. Yet by the 100-day mark of Trump's presidency, Wall Street has been shaken by historic levels of uncertainty and volatility.
00:51 - Source: CNN
Vertical Trump First 100 Days 7 videos
US stock market's rollercoaster ride since Trump took office
President Donald Trump's first 100 days coincided with the stock market's third-worst start to any presidency in US history, only behind Richard Nixon and Gerald Ford. Yet by the 100-day mark of Trump's presidency, Wall Street has been shaken by historic levels of uncertainty and volatility.
00:51 - Source: CNN
First lady Melania Trump's first 100 days
CNN's Betsy Klein breaks down First Lady Melania Trump's public appearances during President Donald Trump's first 100 days in office.
01:17 - Source: CNN
What a new poll says about Trump's first 100 days
A new CNN poll conducted by SSRS finds Trump's approval rating to be the lowest for any newly elected president at 100 days dating back at least to Dwight Eisenhower – including Trump's own first term. CNN's David Chalian goes over the numbers.
02:14 - Source: CNN
Harry Enten grades Trump's first 100 days in office
CNN's Chief Data Analyst Harry Enten looks at how President Donald Trump ranks next to elected presidents since 1960 across four different stats over the first 100 days of the term.
01:46 - Source: CNN
100 days of Trump's immigration policy
On Day one of his presidency President Donald Trump jumped right into his immigration agenda, and ever since then he's been pushing the bounds of presidential powers and taking extraordinary measures to quickly deport migrants in the United States. CNN's Priscilla Alvarez reports.
01:45 - Source: CNN
DOGE's first 100 days
Elon Musk's "move fast and break stuff" mentality has shaken the Washington, DC establishment to its core. As President Donald Trump nears 100 days into his second term, CNN's Phil Mattingly looks at what DOGE has actually accomplished so far.
01:46 - Source: CNN
Vietnamese-Americans react to Trump's first 100 days
CNN's MJ Lee speaks with Vietnamese-Americans voters to get a sense of how they feel President Donald Trump has done in the first 100 days of his second term.
01:33 - Source: CNN

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
11 minutes ago
- Bloomberg
Musk's Drug Use on Campaign Trail Generated Concern, Report Says
Elon Musk was using drugs more heavily than previously known while on the campaign trail to help elect Donald Trump president, worrying some people close to the mercurial billionaire, the New York Times reported. The chief executive officer of Tesla Inc. and SpaceX traveled with a medication box that held about 20 pills and was taking so much ketamine that it was affecting his bladder, according to the report, which cited private messages and interviews with people who know or work with Musk. He also took Ecstasy and psychedelic mushrooms on occasions, the New York Times said.


Time Magazine
11 minutes ago
- Time Magazine
Pam Bondi Curtails American Bar Association's Role in Vetting Trump's Judicial Nominees
The Department of Justice has announced that it will be curtailing the ability of the American Bar Association (ABA) to rate candidates for tenure in the federal judiciary. This will hinder the ABA's ability to vet nominations put forth by President Donald Trump. Attorney General Pam Bondi said in a letter to the ABA president William Bay on Thursday, May 29, that she is cutting off the association's access to non-public information about Trump nominees. Bondi referred to the non-partisan membership organization as an 'activist' group. 'Unfortunately, the ABA no longer functions as a fair arbiter of nominees' qualifications, and its ratings invariably and demonstrably favor nominees put forth by Democratic Administrations,' said Bondi, accusing the ABA of having 'bias' in its ratings process. 'There is no justification for treating the ABA differently from such other activist organizations and the Department of Justice will not do so.' Bondi went on to say that judicial nominees will no longer need to provide waivers to allow the ABA access to non-public information, nor will they respond to questionnaires or sit for interviews with the association. In a subsequent social media post, Bondi doubled down, saying: 'The American Bar Association has lost its way, and we do not believe it serves as a fair arbiter of judicial nominees. The Justice Department will no longer give the ABA the access they've taken for granted.' The move against the ABA came a day after Trump announced six new judicial nominees, which included top Justice Department official Emil Bove being put forward to serve as a Judge on the United States Court of Appeals for the Third Circuit. In a post on Truth Social, Trump said that Bove 'will end the weaponization of Justice, restore the rule of law, and do anything else that is necessary to MAKE AMERICA GREAT AGAIN.' Bove defended Trump during his hush-money trial, during which the President was convicted on 34 counts. Trump also nominated Kyle Dudek, John Guard, Jordan E. Pratt, and Anne-Leigh Gaylord Moe to serve as Judges on the United States District Court for the Middle District of Florida, and Ed Artau to serve as a Judge on the United States District Court for the Southern District of Florida. The President has previously threatened to revoke the ABA's status as the federally-recognized accreditor of law schools in an Executive Order signed on April 24. As part of his wide-scale crackdown on DEI efforts, Trump said that the ABA has required law schools to demonstrate commitment to diversity and inclusion, something which he says is a "discriminatory requirement" and that "similar unlawful mandates must be permanently eradicated." Critics have recently raised concerns over current practices at the Department of Justice. 'I think what's happening in the Department of Justice right now is that it's being transformed into Donald Trump's personal law firm," said Liz Oyer, the DOJ's former pardon attorney. "The Attorney General has made it clear that directions are coming from the very top, from the President, and she is there to do his bidding.' What is the American Bar Association and what does it do? Founded in 1878, the ABA works on the 'commitment to set the legal and ethical foundation for the American nation,' according to the organization's website. Its main three areas of focus revolve around advocating for the legal profession, eliminating bias and enhancing diversity, as well as advancing the rule of law. It is the ABA Standing Committee on the Federal Judiciary that typically oversees and conducts the judicial nominee vetting process, something it has done since 1953. According to the ABA, the committee 'makes a unique contribution to the vetting process by conducting a thorough peer assessment of each nominee's professional competence, integrity, and judicial temperament.' The organization asserts that these assessments are non-partisan, providing the Senate and sitting Administration with 'confidential assessments of the nominee's professional qualifications.'


Forbes
11 minutes ago
- Forbes
Forbes Daily: Supreme Court Gives A Boost To Oil And Gas Billionaires
J.K. Rowling brought magic to multiple generations with her wizarding world—and it's made her a billionaire, again, despite plenty of recent controversy. The Harry Potter author is now worth $1.2 billion, according to Forbes estimates, after previously falling off the Billionaires List in 2012 as a result of charitable giving. That's in spite of the fact that Rowling has placed herself at the center of a culture war, frequently posting anti-transgender rhetoric on social media. Since 2020, she has earned more than $80 million per year from the sales of her books and the vast litany of Potterverse brand extensions. The staying power of the franchise is only set to continue, with a new HBO Max series adaptation of the books going into production this summer. President Donald Trump's 'Liberation Day' tariffs will stay in effect for now, a federal appeals court ruled, despite a Wednesday ruling from the Court of International Trade that they were unlawful, plus a second, similar ruling from a federal court Thursday. But if an appeals court or the Supreme Court, where the case is likely to end up, ultimately sides with the international court and says they're unlawful, the Trump Administration will have to refund any tariffs collected. MORE: Nvidia briefly became the world's most valuable company again Thursday after its latest earnings report, surpassing Microsoft, before falling back into No. 2. The AI chip giant's stock surged post-earnings and after the international trade court's tariff ruling, helping lift the broader market, before indexes ended the day at more modest gains. Meanwhile, Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two countries' presidents may be needed to close a deal, leading U.S. stock futures to drop slightly in early trading on Friday. After their meeting in Geneva earlier this month, U.S. and Chinese officials announced they would significantly cut back tariffs placed on each other's goods for at least 90 days, while both sides work on a trade agreement. Despite President Trump repeatedly attacking Federal Reserve Chairman Jerome Powell, the pair met Thursday at Trump's request—Powell's first meeting with a sitting president since May 2022. Trump has expressed frustration with the Fed's hesitation to lower interest rates, but Powell was insistent that the Fed would determine monetary policy based on economic data, according to a statement from the central bank. The SEC dropped a lawsuit against Binance on Thursday, days after the crypto exchange began listing a stablecoin created by World Liberty Financial, one of President Donald Trump's blockchain ventures. Binance admitted in a November 2023 plea deal to anti-money laundering and sanctions violations, agreeing to pay $4 billion, and it's not the only Trump crypto partner to have benefited personally from his administration. The Supreme Court gave a boost to oil and gas companies as it sided Thursday with a railway company that argued an environmental review of a planned construction project in Utah was too broad. Dozens of energy billionaires stand to benefit, like Anschutz Exploration Corporation leader Philip Anschutz and Energy Transfer LP founders Kelcy Warren and Ray Davis, who are worth $16.9 billion, $7.2 billion and $3.7 billion, respectively. As AI chatbots become more trusted with high-stakes jobs like helping to diagnose medical patients or screening loan applications, they're also making more mistakes,—which means assessing a model's performance is more crucial than ever. The once-buzzy data-labeling startup Snorkel AI is shifting gears to help enterprises create evaluation systems and datasets to test their AI models, raising $100 million at a $1.3 billion valuation. Despite repeated promises of an imminent launch, President Donald Trump's Gold Card visa—which would give wealthy investors U.S. residency and an expedited path to citizenship—would require Congress to change immigration laws, a process that could take months or years. And furthermore, while Trump has suggested the administration could raise trillions selling the cards, the math just doesn't add up, according to one expert: To afford the visa, someone would have to be worth over $100 million, and there are fewer than 30,000 centimillionaires in the entire world, more than a third of whom are American. A federal judge will indefinitely block the Trump Administration's ban on Harvard University's enrollment of foreign students, amid the ongoing feud between the university and federal government. In a shift from the Department of Homeland Security's initial announcement, which stated the ban would take effect immediately, the administration told Harvard ahead of the court hearing that it had 30 days to show why the school should not be barred from enrolling international students. Real Madrid forward Vinícius Forbes' latest ranking of the World's Most Valuable Soccer Teams, Spain's Real Madrid once again takes the crown, worth an estimated $6.75 billion after becoming the first soccer team to cross $1 billion in annual revenue during the 2023-24 season. Together, the 30 most valuable soccer teams are worth more than $72 billion, or an average of $2.4 billion, up 5% from last year. Michigan Potash & Salt founder Ted Pagano jamel toppin for forbes Michigan is sitting on a motherlode of potash, a mineral which is the main ingredient in agricultural fertilizer. The U.S. uses 5.3 million tons annually and imports 95% of it, mostly from Canada. Ted Pagano's Michigan Potash & Salt Company is on the cusp of closing on $1.8 billion of financing for a new mine, including a $1.3 billion loan from the Department of Energy and $500 million in equity being arranged by JPMorgan and Goldman Sachs. If all goes well, the mine will be churning out 1 million tons per year of potash (worth $350 million) and 1.3 million tons of salt (worth $80 million) by the end of the decade. With a resource base proven to be 130 million tons, the company could keep that up for a century or more—and make Pagano, who owns 65%, very rich. Even now his stake is worth at least $300 million. To extract the potash, Pagano will use a form of 'in-situ,' or solution mining. He'll drill 8,000-foot-deep wells in pairs. One is the injection well, down which Michigan Potash will send hot water to dissolve potash and salt in place. The second is the production well; the solution travels up that well to the processing plant for separation and drying. The water is reclaimed, heated and sent back down the hole. From the surface the mine will hardly be noticeable and should be eligible for green tax credits. 'There's no hair on this project that we're ashamed of,' says chief operating officer Aric Glasser. In all, Forbes estimates that costs should come to about $140 per ton; potash sells for about $350 a ton today. And agricultural giant ADM has already agreed to buy nearly all of Pagano's yearly potash production. WHY IT MATTERS 'This story shows how even in a giant, oligopoly-controlled industry like fertilizer, an individual entrepreneur like Ted Pagano—in the right place at the right time—can generate huge value for himself and for the country,' says Forbes senior editor Christopher Helman. 'This matters now because there are many other critical minerals of which the U.S. needs to develop secure domestic supplies. Hopefully Pagano's story can inspire more entrepreneurs to take on the challenge.' MORE The $800 Million Rare Earths Portfolio Of Australia's Richest Woman References to DEI in the corporate reports of top companies took a sharp dive this year, according to analysis by Gravity Research. As President Donald Trump has waged a war on DEI, many companies have dropped or reframed their diversity initiatives: 72%: The drop in references to diversity, including 'DEI' and 'racial diversity,' in the reports of major corporations between 2024 and 2025, per the study 87%: The increase in usage of the word 'belonging' between 2023 and 2024 as a 'safer' alternative to DEI, though mentions of the word then declined 47% between 2024 and 2025 'Speaks volumes to the current political environment': said Joanna Piacenza, vice president of thought leadership at Gravity Research No matter the reason, if you were seeking a promotion that didn't pan out, you can still create your own opportunities for leadership development in your current role. Look at previous performance reviews to figure out what skills you need to work on, and collaborate with your manager to restructure your role for stretch assignments. And if you're looking for an opportunity to manage people, start by managing a project or asking your boss if you can take something off their plate. Scientists have created a 'smart' dental floss that doesn't just clean your teeth, but also gauges what about your health? A. Blood pressure B. Presence of cavities C. Stress levels D. Recent drug use Check your answer. Thanks for reading! This edition of Forbes Daily was edited by Sarah Whitmire and Chris Dobstaff.