The NewsWorthy Dramatic Weekend Storms, Millions Protest Worldwide & Gretzky’s Record Broken- Monday, April 7, 2025
Apr 7, 2025
Severe weather events wreak havoc in the South and Midwest, leading to devastating damage and fatalities. America's new tariffs are shaking the economy and affecting TikTok's operations. Millions protest political issues while public health draws attention amid a measles outbreak in West Texas. In sports, Alex Ovechkin breaks Wayne Gretzky's long-standing scoring record, and the NCAA championships heat up as UConn triumphs in the women's bracket. The latest trends in tax filings reveal a drop ahead of the federal deadline.
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Severe Weather Outbreak
- Severe weather, including tornadoes, flooding, and hail, caused fatalities and damage across the American South and Midwest.
- Tennessee was hardest hit, with at least 20 deaths reported, and widespread power outages and travel disruptions continue.
Tariff Impact on Stocks
- US stock futures plummeted following President Trump's new tariff plan, sparking fears of a trade war and recession.
- Investors are concerned about rising prices and decreased confidence, with experts predicting further market declines.
Tariffs Stall TikTok Deal
- A potential deal to keep TikTok operating in the US was jeopardized by the announcement of tariffs.
- The deal involved transferring TikTok's US operations to a primarily American-owned company, but requires China's approval, now uncertain due to trade tensions.