WSJ

Stock Market Today: Dow and Dollar Drop on Jitters Over Fed and Trade

• Trump on Monday demanded lower rates in a post on social media, saying costs are trending downward and the economy could slow “unless Mr. Too Late, a major loser, lowers interest rates, NOW.”

Harvard Is Suing the Trump Administration

Justice Department Urges Tough Action to Break Google’s Search Dominance

• Judge who found the company maintained an illegal monopoly is asked to force it to sell its Chrome web browser

Russia Welcomes U.S. Proposal to Deny NATO Membership to Ukraine

CNBC

Dow slides more than 950 points as Trump rips Fed Chair Powell, reigniting investor worries: Live updates

U.S. dollar falls to three-year low as Trump’s Powell threats further dent investor confidence

Tesla shares tumble ahead of first-quarter earnings report

• Oppenheimer analysts wrote in a note out Monday that “ongoing brand erosion” for Tesla in the U.S. and Europe is weighing on sales already, but a “bigger issue for the company is potential weakness in China demand and margin impact due to the Trump tariffs.”

Pope Francis, the first pontiff from the Americas, dies at 88

Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting

• About two-thirds of what Walmart sells in the United States is made, grown or assembled in America
• Target, on the other hand, is in a tougher spot. The Minneapolis-based retailer is best known for discretionary merchandise like inexpensive, chic clothes and home goods, products that are typically manufactured overseas.

Investing.com

Trump’s call to fire Powell is ‘self-defeating’

Reuters

Japan’s Nomura to buy Macquarie’s US, European asset management units for $1.8 billion

• The acquisition gives Nomura immediate scale across Western markets through Macquarie Asset Management’s (MAM) equities, fixed income, and multi-asset investment capabilities, along with established client relationships in key financial centers.

China warns countries against striking trade deals with US at its expense

• Beijing will firmly oppose any party striking a deal at China’s expense and “will take countermeasures in a resolute and reciprocal manner,” its Commerce Ministry said.

Yahoo Finance

Tesla stock slides ahead of crucial Q1 earnings report with sliding sales, Musk’s DOGE role in focus

• The big concern for Tesla’s bread-and-butter auto business is demand. Earlier in April, Tesla reported Q1 deliveries of 336,681 units versus 390,342 estimated
• Earnings to be released tomorrow.

AP

FTC sues Uber, alleging it signed up Uber One subscribers without their permission

• alleging that it enrolled consumers in its Uber One subscription program without their consent and made it too difficult for them to cancel the service.