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Chris Spiker

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cspiker@dailyvoice.com

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Business
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario'
Stocks Plunge, US Dollar Drops As Economists Warn Trump's Tariffs Are 'Worst Case Scenario' Stocks plummeted on Wall Street and a wave of panic selling swept through global markets reacting to President Donald Trump's widespread "liberation day" tariffs. The tariff announcement sent stocks into their worst tailspin of 2025 so far and dragged the US dollar to a six-month low on Thursday, April 3. Trump unveiled the sweeping 10% tariffs on all imports and far steeper rates for key trade partners on Wednesday, April 2. By 11 a.m., the Dow Jones Industrial Average had plunged about 1,590 points, down 3.77%. The S&P 500 fell 4.35% – or about 247 points – while the Nasdaq …

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by Chris Spiker
Business
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin
Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin The US saw one of its largest waves of layoffs in decades, fueled by billionaire Elon Musk's efforts to purge the federal government, as markets fear the financial impacts of President Donald Trump's sweeping new tariffs. US employers announced 275,240 job cuts in March, outplacement firm Challenger, Gray & Christmas said on Thursday, Apr. 3. That's the third-highest monthly amount since Challenger began tracking layoffs in 1989, only surpassed by the height of the COVID-19 pandemic in April and May of 2020. So far in 2025, employers have announced 497,052 job cuts — the highe…

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by Chris Spiker
News
Rising Sea Levels Will Threaten 445K+ New Yorkers By 2050, New Study Says: See The Map Rising Sea Levels Will Threaten 445K+ New Yorkers By 2050, New Study Says: See The Map
Rising Sea Levels Will Threaten 445K+ New Yorkers By 2050, New Study Says: See The Map Rising sea levels could put hundreds of thousands of homes underwater across the Northeast and mid-Atlantic within 25 years, according to new analysis. Climate Central released its Coastal Flood Risk Across the US study on Wednesday, April 2. The nonprofit scientific group said coastal flooding will threaten more than 2.5 million Americans in about 1.4 million homes by 2050. In a generation, a "100-year flood" could reach homes across dozens of coastal Northeast communities, threatening more than 1.1 million residents from the North Shore of Massachusetts to the Virginia…

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by Chris Spiker
Business
Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners
Trump Imposes Sweeping Tariffs Amid Economic Fears, Says US Was 'Raped' By Trade Partners President Donald Trump has announced sweeping new tariffs, accusing allies and adversaries of looting the US economy, despite consumer confidence sinking domestically and growing recession fears. Trump revealed the tariffs during a news conference in the Rose Garden at the White House on Wednesday, April 2. The President called the day "liberation day," alluding to what he claims is a trade imbalance caused by his predecessors. The new measures impose a baseline 10% tariff on all imports. Those will begin on Saturday, April 5, according to the White House. Sharply higher rates for dozens o…

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by Chris Spiker
Business
Junior's Just Deep-Fried Its Famous Cheesecake: Here's Where You Can Try A Slice Junior's Just Deep-Fried Its Famous Cheesecake: Here's Where You Can Try A Slice
Junior's Just Deep-Fried Its Famous Cheesecake: Here's Where You Can Try A Slice An iconic New York City bakery is raising the dessert bar by dropping its famous cheesecake into a deep fryer. Junior's Restaurant and Bakery said it will start serving up deep-fried slices of its classic New York-style cheesecake on Wednesday, April 2. The crunchy dessert will only be available for a limited time at Junior's original location at the corner of Flatbush Avenue Extension and DeKalb Avenue – also known as Cheesecake Corner and Harry Rosen Way. The cheesecake is rolled in crushed cornflakes, fried to a golden crisp, and finished with a long list of cust…

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by Chris Spiker
Business
Nintendo Switch 2 Unveiled: See When You Can Buy It, What To Expect Nintendo Switch 2 Unveiled: See When You Can Buy It, What To Expect
Nintendo Switch 2 Unveiled: See When You Can Buy It, What To Expect Nintendo's next gaming console won't just play games — it'll talk back. Nintendo unveiled the details behind the highly anticipated Nintendo Switch 2 during a live watch event on Wednesday, April 3. The portable console will be available in stores on Thursday, June 5. Starting at $449.99, the Switch 2 will introduce GameChat and magnetic Joy-Con 2 controllers that double as mice. The device's 7.9-inch full-HD screen will support 4K gameplay through its new dock. On GameChat, players will be able to voice or video chat with up to 12 friends. Gamers can also share&nb…

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by Chris Spiker
Business
Amazon Tries To Buy TikTok Days Before Possible US Ban: Report Amazon Tries To Buy TikTok Days Before Possible US Ban: Report
Amazon Tries To Buy TikTok Days Before Possible US Ban: Report Amazon has made a surprise, last-minute offer to buy TikTok's US business, just days before a federal deadline that could pull the app from hundreds of millions of phones, according to a report. The online retail giant's push to buy the popular video app was first reported by the New York Times on Wednesday, April 2. The proposal comes as TikTok faces a potential ban unless its Chinese parent company ByteDance finds a US-based buyer by Saturday, April 5. The offer was sent in a letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, a person briefed on t…

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by Chris Spiker
Business
Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight
Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla has delivered significantly fewer vehicles to start 2025 amid its biggest sales drop in years, as the company led by billionaire Elon Musk faces massive protests, boycotts, and production delays. Tesla reported 336,681 vehicle deliveries worldwide in the first quarter of 2025, the electric automaker said in a news release on Wednesday, April 2. Those deliveries are down 13% from 386,810 vehicles in the first quarter of 2024. The Austin, Texas-based company blamed the shortfall on upgrades to manufacturing facilities. "While the changeover of Model Y lines across a…

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by Chris Spiker
Business
Dunkin' Welcomes Spring With New Seasonal Items, Exclusive Offers: Here's What's On The Menu Dunkin' Welcomes Spring With New Seasonal Items, Exclusive Offers: Here's What's On The Menu
Dunkin' Welcomes Spring With New Seasonal Items, Exclusive Offers: Here's What's On The Menu Dunkin' is rolling out bright new flavors, bold drinks, and limited-time offers to jumpstart the spring. Dunkin' is welcoming the warmer weather with new flavors, festive treats, and limited-time rewards nationwide starting on Tuesday, April 2. The chain is debuting Arctic Cherry Dunkin' Energy — a fizzy, fruity drink packed with caffeine, cherry, blueberry, and grapefruit flavors. The sparkling iced beverage is the latest in Dunkin's fast-growing energy drink line and is only available for a limited time. Joining the new drink is a festive Spring Munchkins Bucket, filled with 50…

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by Chris Spiker
Business
Recession Odds Sharply Rise Before Trump's 'Liberation Day' Tariff Rollout: Goldman Sachs Recession Odds Sharply Rise Before Trump's 'Liberation Day' Tariff Rollout: Goldman Sachs
Recession Odds Sharply Rise Before Trump's 'Liberation Day' Tariff Rollout: Goldman Sachs Goldman Sachs has nearly doubled the odds of a US recession, warning that President Donald Trump's sweeping new tariffs could drive up prices, slow growth, and force the Federal Reserve to cut interest rates because of higher unemployment. A recession is now 35% possible in 2025, the investment banking firm said in an economics research report published on Sunday, March 30. That's a dramatic increase from Goldman Sachs' 20% prediction made earlier in March. The increased odds come as Trump prepares to roll out sweeping new tariffs on Wednesday, April 2, which the President has dubbed "…

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by Chris Spiker
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