🔵 Stocks Collapses

Author

Citizen Frank
March 11, 2025

Good evening. It’s Monday, March 10.

 

U.S. stocks tumbled on Monday, with concerns about the effects of President Donald Trump’s tariffs on economic growth spooking investors.

The Dow Jones Industrial Average fell 890.01 points, or 2.08%, while the Nasdaq Composite and S&P 500 slid 4% and 2.69%, respectively. The Dow and the S&P 500 saw their worst day since Dec. 18; the tech-heavy Nasdaq had its worst day since September 2022.

Trump on Sunday declined to explicitly rule out a full-blown recession for the U.S. economy this year, telling Maria Bartiromo in a “Sunday Morning Futures” exclusive interview that the country will see a “period of transition” as his policies take effect.

Jamie White, a reporter for Alex Jones’ Infowars, was killed in a suspected homicide outside of his home in Austin, Texas just before midnight on Sunday.

“We are deeply saddened to inform you that Infowars Reporter Jamie White was brutally murdered around midnight Sunday night due, in part, to the policies of the Soros Austin, TX D.A. Jose Garza,” announced Jones in a social media post on Monday.

“We pledge that Jamie’s tragic death will not be in vain, and those responsible for this senseless violence will be brought to justice.”

As U.S. and Ukrainian officials prepare to meet in Saudi Arabia this week, President Donald Trump has privately made clear to aides that a signed minerals deal between Washington and Kyiv won’t be enough to restart aid and intelligence sharing with the war-torn country, according an administration official and another U.S. official.

Trump wants the deal, which would give the United States a stake in Ukraine’s mineral resources, signed. But he also wants to see a change in Ukrainian President Volodymyr Zelenskyy’s attitude toward peace talks, the officials said, including a willingness to make concessions such as giving up territory to Russia.

Trump also wants Zelenskyy to make some movement toward elections in Ukraine and possibly toward stepping down as his country’s leader, the officials said.

Elon Musk, the owner of X, on Monday, blamed Ukrainian forces for the global outage of the social media platform after a hacking team, Darkstorm, had previously taken credit.

In an interview with Fox News, billionaire Elon Musk addressed the cyber attack on X. “We’re not sure exactly what happened, but there was a massive cyberattack to bring down the X system with IP addresses originating in the Ukraine area,” he said.

Musk had earlier issued a statement on X, saying, “There was (still is) a massive cyberattack against X. We get attacked everyday, but this was done with a lot of resources. Either a large coordinated group and/or a country is involved. Tracing…”

The House Rules Committee voted Monday night to advance the GOP’s bill to avert a government shutdown, dispatching the measure to the full chamber for consideration ahead of Friday’s deadline.

The panel voted 9-3 to adopt the rule, which governs debate on the legislation. The successful vote sends the measure to the House floor for debate and a final vote.

“This legislation helps avoid the government shutting down and allows us to continue our work in service to the American people,” House Rules Committee Chair Virginia Foxx (R-N.C.) said in her opening remarks of the hearing. “The House must act to avoid a needless shutdown that serves no purpose — by doing so, this body can put its focus and attention on the next appropriations process.”

Director of National Intelligence Tulsi Gabbard on Monday announced that she revoked security clearances for several prominent members of former President Joe Biden’s administration, including former Secretary of State Antony Blinken.

Gabbard cited a directive from President Donald Trump, which also included people who helped target him through criminal cases such as Manhattan District Attorney Alvin Bragg, and New York Attorney General Letitia James. Bragg led the hush money case.

“I have revoked security clearances and barred access to classified information for … Blinken, Jake Sullivan, Lisa Monaco, Mark Zaid, Norman Eisen, James, Bragg, and Andrew Weissman, along with the 51 signers of the Hunter Biden ‘disinformation’ letter,” Gabbard posted on X.

Sen. Chris Murphy was spotted at a Washington, DC, watering hole on a date with a progressive media mogul and strategist who’s boosted his efforts as a leading anti-Trump politician in Congress — just months after the Connecticut Democrat announced he and his wife were separating.

Murphy, 51, was caught “cuddling” with Courier Newsroom publisher Tara McGowan, 39, last Monday by the bar at the Red Hen, located just one mile north of Capitol Hill in the district’s Bloomingdale neighborhood, a source told The Post, sharing a photo of the pair’s romantic rendezvous.

The source said Murphy wrapped his arm around McGowan’s shoulder at one point, and the two were “being cutesy” while scanning the menu together for rustic Italian fare.

Washington Post columnist Ruth Marcus resigned Monday after accusing the paper’s CEO and publisher of killing her column criticizing owner Jeff Bezos’ latest editorial edict.

Marcus, an associate editor and columnist with the Post’s opinion section, is leaving the paper where she’s been employed since 1984.

“We’re grateful for Ruth’s significant contributions to The Washington Post over the past 40 years,” a spokesperson for the Post said in a statement.

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