CNN 5 Things Stocks' best day, Germany’s coalition deal, anthrax poisoning & more
Apr 9, 2025
US stocks soared after a significant policy shift on tariffs, signaling a potential easing in trade tensions. Legal battles over deportation flights are heating up, testing Trump's wartime powers. In Germany, a coalition agreement has finally been reached after intense negotiations, promising new political stability. Meanwhile, a concerning anthrax outbreak in the Democratic Republic of Congo raises urgent public health alarms. Thrilling updates in global politics and economic shifts make for a riveting discussion.
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Stock Market Rebound and Recession Outlook
- US stocks rallied significantly after President Trump announced a 90-day tariff hold on all nations except China.
- However, Goldman Sachs still predicts a 45% recession chance over the next 12 months.
Legal Challenges to Deportations
- Federal judges temporarily blocked deportations of Venezuelan plaintiffs, challenging Trump's use of the Alien Enemies Act.
- This follows the Supreme Court's ruling allowing the act's use but granting individuals the right to challenge it.
Labor Agency Dispute
- Chief Justice John Roberts temporarily allowed Trump to remove two board members from independent labor agencies.
- This is pending a full court decision on whether to allow the firings, impacting agencies' ability to process cases.