Monday, April 7, 2025

Stocks take a plunge

President Trump defends tariffs amid market mayhem. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Briefing

YOUR MORNING NEWS ROUNDUP

Mon Apr 7 2025

 

Nicole Fallert Newsletter Writer

@nicolefallert

Good morning!🙋🏼‍♀️ I'm Nicole Fallert. Follow the lead of this 71-year-old spreading kindness.

Quick look at Monday's news:

Markets plunged in the wake of President's Donald Trump announcement of a sweeping tariff regime.
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. backed the measles vaccine (surprisingly).
UConn women celebrated the NCAA national title.

A lot of arrows pointing down on financial markets

U.S. stock futures plunged Monday following fears President Donald Trump  has ignited a trade war that will lead to higher prices and a recession.

Look ahead to a bruising day on Wall Street on Monday: With the stock market poised to plummet, President Trump on Sunday night defended his massive tariffs, saying "sometimes you have to take medicine to fix something."

But it's a tough pill to swallow: International markets charted down Monday as stocks, oil and bitcoin also fell overnight.
Isn't medicine supposed to heal? Trump has argued tariffs will rejuvenate America's declining domestic manufacturing sectors.
What should I do about my investments? You don't want to withdraw money just yet — that may lock in any losses. But you might want to adjust your investment mix if you feel the volatility is too much to handle.

'The most effective way to prevent the spread of measles is the MMR vaccine'

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. visited Texas on Sunday after a second child died from measles amid an outbreak that began in January. The school-aged child, who was unvaccinated and had no underlying health conditions, died Thursday in the hospital from measles pulmonary failure, the Texas Department of State Health Services said. The death is among nearly 500 cases in Texas in an outbreak that has spread across 22 states. Kennedy, who has a controversial history of questioning the safety and efficacy of vaccines,  backed the MMR vaccine to curb the spread of measles.

More news to know now

Israeli leader Netanyahu is at White House Monday to talk the Gaza war.
A plan for Medicare to cover weight-loss drugs was dropped.
For some people overseas, Trump has dented Lady Liberty's promise.
A federal judge said the deportation of a Maryland man "appears wholly lawless."

What's the weather today? Check your local forecast here.

Dangerously rising rivers are a new threat

Forecasters warned U.S. cities remain in peril Monday as river levels rise dangerously from Arkansas to Ohio. Some rivers in Kentucky were expected to exceed their flood stages by upward of 15 feet as waterways started to crest Sunday, according to estimates from the National Weather Service in Louisville. Torrential rainfall — which followed potent tornadoes earlier last week — has fueled flooding that has ravaged states in the central and southern U.S., shredding roofs, flattening homes and businesses, sending structures floating down rivers and leaving thousands without power. It was caused by what's basically a river in the sky.

Syndication The Courier Journal

Owen County Search and Rescue head out in flood waters to rescue two people with two dogs in Monterey, Kentucky, on Sunday.

Matt Stone/Courier Journal, Matt Stone/Courier Journal / USA TODAY NETWORK via Imagn Images

Death becomes her

"I had a very good friend, and he passed away in tragic circumstances, and the funeral was horrible, It just didn't have anything to do with him. You could just tell there wasn't a lot of effort that was put into it."

~ Lanae Strovers, who told the Des Moines Register, part of the USA TODAY Network, she became a funeral director after seeing how not to do the job. Strovers is one of a growing number of American women are breaking ground in the field of funeral services.

lanae 2.jpg

Lanae Strovers is a funeral director in Iowa and a trainer for the National Funeral Directors Association.

The Final Salute

Today's talkers

Let's talk "White Lotus" finale.
The audience at "Saturday Night Live" ended up as part of the show this week.
You can no longer transfer money via Zelle.
Duke is still grappling with its epic Final Four meltdown.
Get some eco-friendly pans.

A fantastical finale for UConn women

The UConn Huskies are national champions ... again. Head coach Geno Auriemma earned his 12th NCAA women's basketball championship Sunday, after an 82-58 rout over No. 1 seed South Carolina, a tremendous feat for his legendary career – the most of any men's or women's program in NCAA history. And UConn guard Paige Bueckers received her storybook ending Sunday, earning her first championship before heading to the WNBA.  South Carolina struggled to match UConn's blistering pace.

Houston and and Florida face off Monday night in the men's final.

Ncaa Womens Basketball Final Four National Championship

April 6: Connecticut guard Paige Bueckers (5) celebrates with her teammates after the Huskies' national championship victory against South Carolina at Amalie Arena in Tampa, Florida.

Nathan Ray Seebeck, Imagn Images

Photo of the day: 'Hands off'

The "Hands Off" protests delivered the largest and most numerous demonstrations since Trump's second term began. Nationwide more than 500,000 people RSVP'd to attend one of 1,000 rallies to voice concerns over President Trump's actions since taking office.

Xxx 04052025 South Bend Hands Off Protest 10 Jpg

Thousands of local protestors in South Bend, Indiana, participate in the national "Hands Off!" rallies on Saturday.

MICHAEL CLUBB, SOUTH BEND TRIBUNE

Nicole Fallert is a newsletter writer at USA TODAY, sign up for the email here . Want to send Nicole a note? Shoot her an email at NFallert@usatoday.com.

TOP STORIES

Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on February 28, 2025. (Photo by CHARLY TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images)

U.S. stock futures plunged Monday after stocks reeled last week on worries President Donald Trump has ignited a trade war that will lead to higher prices and recession.

Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the White House, in Washington, D.C., on March 24, 2025.
 

Musk calls for 'zero tariff situation' between US and Europe, hits trade adviser

 

Speaking to a group of conservative Italian politicians, Elon Musk on Saturday called for a "free trade zone" between Europe and North America.

Gary Hall Jr. of the United States waves to the crowd before receiving the gold medal for the men's swimming 50 metre freestyle event August 20, 2004 during the Athens Summer Olympic Games at the Main Pool of the Olympic Sports Complex Aquatic Centre in Athens, Greece.
 

What brash ex-swimmer learned about his career when he lost everything

 

Gary Hall Jr. was a five-time Olympic gold medalist known for trash talk. Here's his advice from a 'humbling' swim career after fires upset his life.

Masters Champion Scottie Scheffler during the Drive, Chip & Putt National Finals at Augusta National Golf Club.
 

Gates at Masters closed for time being due to inclement weather

 

With inclement weather likely, fans may not get to see as much of the 2025 Masters as they'd hoped. Here's everything to know.

South Carolina Gamecocks head coach Dawn Staley during the NCAA semi-final game against the Texas Longhorns at Amalie Arena in Tampa, Florida, Friday April 4, 2025.
 

Staley after South Carolina's loss in title game: UConn 'beat our ass'

 

South Carolina head coach Dawn Staley has always been able to make light of any situation, even getting routed in the NCAA championship game.

USA TODAY's The Excerpt podcast
 

PODCAST: Why Trump's moves to punish law firms are causing alarm

 

USA TODAY's daily news podcast, The Excerpt, brings you a curated mix of the most important headlines seven mornings a week.

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