Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
“This is a very serious legal matter, not Barnum & Bailey’s Circus,” the spokesperson also said. “The defendants continue to publicly intimidate, bully, shame and attack women’s rights and reputations.”
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Lively accused Baldoni of sexual harassment and retaliation in a complaint first filed with the California Civil Rights Department in December, preceding a lawsuit that followed about a week later. She also claimed that Baldoni, along with his PR representatives, orchestrated a “social manipulation campaign” to hurt her reputation in the media while they were promoting “It Ends with Us,” their 2024 film at the center of the dispute.
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In an amended complaint filed in February, Lively alleged other women also raised claims about Baldoni’s behavior on set.
Baldoni has denied the allegations.
Along with Lively, Reynolds is named as a defendant in the $400 million defamation lawsuit Baldoni filed in January.
Baldoni has accused Reynolds of assisting Lively in “hijacking” his film and taking down his career. He claimed that Reynolds, who had no formal role on “It Ends With Us,” re-wrote a scene and made “unauthorized changes to the script in secret.” Baldoni also accused Reynolds of reprimanding him at the couple’s home in New York and alleged Reynolds made fun of him in “Deadpool & Wolverine,” mirroring the character Nicepool after Baldoni in an effort to mock him.
An attorney for Reynolds filed a request for him to be dropped as a defendant from Baldoni’s suit, claiming that his argument against Reynolds has no legal bounds and amounts to “hurt feelings.”
The trial in the case is set for March 2026.
Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action.
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Crashing waves, glistening sea spray, a calm expanse of deep blue. These are the images that open “Ocean with David Attenborough,” the veteran broadcaster’s latest film. After decades of sharing stories of life on our planet, he tells viewers that: “The most important place on Earth is not on land but at sea.”
The film — released in cinemas today and available to stream globally on Disney+ and Hulu in June — coincides with Attenborough’s 99th birthday, and describes how the ocean has changed during his lifetime.
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“Over the last hundred years, scientists and explorers have revealed remarkable new species, epic migrations and dazzling, complex ecosystems beyond anything I could have imagined as a young man,” he says in a press release. “In this film, we share those wonderful discoveries, uncover why our ocean is in such poor health, and, perhaps most importantly, show how it can be restored to health.”
The feature-length documentary takes viewers on a journey to coral reefs, kelp forests and towering seamounts, showcasing the wonders of the underwater world and the vital role the ocean plays in defending Earth against climate catastrophe as its largest carbon sink.
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But the ocean also faces terrible threats. The film was shot as the planet experienced an extreme marine heatwave and shows the effects of the resulting mass coral bleaching: expansive graveyards of bright white coral, devoid of sea life.
Extraordinary footage shot off the coast of Britain and in the Mediterranean Sea shows the scale of destruction from industrial fishing. Bottom trawlers are filmed towing nets with a heavy chain along the seafloor, indiscriminately catching creatures in their path and churning up dense clouds of carbon-rich sediment.
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On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic.
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Six days ago, 41 vessels were scheduled to depart China for the San Pedro Bay Complex, which encompasses both the Port of Los Angeles and Port of Long Beach in California. On Friday, it was zero.
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President Donald Trump’s trade war imposed massive tariffs on most Chinese imports last month. That’s led to fewer ships at sea carrying less cargo to America’s ports. For many businesses, it is now too expensive to do business with China, one of America’s most important trading partners.
Officials are concerned not just about the lack of vessels leaving China, but the speed at which that number dropped.
“That’s cause for alarm,” said Mario Cordero, the CEO of the Port of Long Beach. “We are now seeing numbers in excess of what we witnessed in the pandemic” for cancellations and fewer vessel arrivals.
The busiest ports in the country are experiencing steep declines in cargo. The Port of Long Beach is seeing a 35-40% drop compared to normal cargo volume. The Port of Los Angeles had a 31% drop in volume this week, and the Port of New York and Jersey says it’s also bracing for a slowdown. On Wednesday, the Port of Seattle said it had zero container ships in the port, another anomaly that hasn’t happened since the pandemic.
“That’s because just nothing is being shipped over,” port commissioner Ryan Calkins told CNN’s Kaitlan Collins.
Giselle Ruemke was a Canadian traveler in her 50s who had, it turned out, a number of things in common with Savery Moore.
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For one, she’d always wanted to travel across Canada on The Canadian. “Taking the train was one of these bucket list things for me,” Giselle tells CNN Travel today.
And, like Savery, Giselle’s spouse had recently died of cancer.
Giselle and her late husband Dave had been friends for decades before they started dating. Within a few whirlwind years they’d fallen in love, got married and navigated Dave’s cancer diagnosis together.
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Then Dave passed away in the summer of 2023, leaving Giselle unmoored and unsure of the future.
In the wake of her grief, booking the trip on The Canadian seemed, to Giselle, “like a good way to connect with myself and see my country, refresh my spirit, a little bit.”
Like Savery, Giselle had always dreamed of taking the VIA Rail Canadian with her late spouse. And like Savery, she’d decided traveling solo was a way of honoring her partner.
“That trip is something that I would have really liked to have done with my husband, Dave. So that was why I was taking the train,” Giselle says today.
But unlike Savery, Giselle hadn’t booked prestige class. She admits she was “sticking it to the man” in her own small way by sitting in the reserved seats that first day.
She’d only moved when Savery arrived. She tells CNN Travel, laughing, that she’d thought to herself: “I better get out of the seat, in case someone prestige wants to sit in that spot.”
Giselle didn’t tell Savery any of this in their first conversation. In fact, she didn’t share much about her life at all in that first encounter.
But Giselle liked his company right away. He was friendly, enthusiastic and respectful — sharing that he was a widower and indicating he knew about Giselle’s loss without prying about the circumstances.
As for Savery, he says, it was “the common bond, the losses of our respective loved ones” that first made him feel a connection to Giselle. But it was also obvious that for Giselle, the loss was much fresher. She clearly didn’t want to talk about Dave that day.
Tbilisi, Georgia — Jailed journalist Mzia Amaghlobeli gets weaker every day as her hunger strike has reached three weeks in Rustavi, a town near the Georgian capital of Tbilisi, her lawyer says. Now the 49-year-old is having difficulty walking the short distance from her cell to the room where they usually meet, and human rights officials, colleagues and family fear for her life.
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Amaghlobeli was arrested Jan. 12 during an anti-government protest in the coastal city of Batumi, one of over 40 people in custody on criminal charges from a series of demonstrations that have hit the South Caucasus nation of 3.7 million in recent months.
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The political turmoil follows a parliamentary election that was won by the ruling Georgian Dream party, although its opponents allege the vote was rigged.
Protests highlight battle over Georgia's future. Here's why it matters.
Its outcome pushed Georgia further into Russia's orbit of influence. Georgia aspired to join the European Union, but the party suspended accession talks with the bloc after the election.
As it sought to cement its grip on power, Georgian Dream has cracked down on freedom of assembly and expression in what the opposition says is similar to President Vladimir Putin's actions in neighboring Russia, its former imperial ruler.
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On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic.
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Six days ago, 41 vessels were scheduled to depart China for the San Pedro Bay Complex, which encompasses both the Port of Los Angeles and Port of Long Beach in California. On Friday, it was zero.
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President Donald Trump’s trade war imposed massive tariffs on most Chinese imports last month. That’s led to fewer ships at sea carrying less cargo to America’s ports. For many businesses, it is now too expensive to do business with China, one of America’s most important trading partners.
Officials are concerned not just about the lack of vessels leaving China, but the speed at which that number dropped.
“That’s cause for alarm,” said Mario Cordero, the CEO of the Port of Long Beach. “We are now seeing numbers in excess of what we witnessed in the pandemic” for cancellations and fewer vessel arrivals.
The busiest ports in the country are experiencing steep declines in cargo. The Port of Long Beach is seeing a 35-40% drop compared to normal cargo volume. The Port of Los Angeles had a 31% drop in volume this week, and the Port of New York and Jersey says it’s also bracing for a slowdown. On Wednesday, the Port of Seattle said it had zero container ships in the port, another anomaly that hasn’t happened since the pandemic.
“That’s because just nothing is being shipped over,” port commissioner Ryan Calkins told CNN’s Kaitlan Collins.
“This is a very serious legal matter, not Barnum & Bailey’s Circus,” the spokesperson also said. “The defendants continue to publicly intimidate, bully, shame and attack women’s rights and reputations.”
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Lively accused Baldoni of sexual harassment and retaliation in a complaint first filed with the California Civil Rights Department in December, preceding a lawsuit that followed about a week later. She also claimed that Baldoni, along with his PR representatives, orchestrated a “social manipulation campaign” to hurt her reputation in the media while they were promoting “It Ends with Us,” their 2024 film at the center of the dispute.
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In an amended complaint filed in February, Lively alleged other women also raised claims about Baldoni’s behavior on set.
Baldoni has denied the allegations.
Along with Lively, Reynolds is named as a defendant in the $400 million defamation lawsuit Baldoni filed in January.
Baldoni has accused Reynolds of assisting Lively in “hijacking” his film and taking down his career. He claimed that Reynolds, who had no formal role on “It Ends With Us,” re-wrote a scene and made “unauthorized changes to the script in secret.” Baldoni also accused Reynolds of reprimanding him at the couple’s home in New York and alleged Reynolds made fun of him in “Deadpool & Wolverine,” mirroring the character Nicepool after Baldoni in an effort to mock him.
An attorney for Reynolds filed a request for him to be dropped as a defendant from Baldoni’s suit, claiming that his argument against Reynolds has no legal bounds and amounts to “hurt feelings.”
The trial in the case is set for March 2026.
Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action.
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—
Crashing waves, glistening sea spray, a calm expanse of deep blue. These are the images that open “Ocean with David Attenborough,” the veteran broadcaster’s latest film. After decades of sharing stories of life on our planet, he tells viewers that: “The most important place on Earth is not on land but at sea.”
The film — released in cinemas today and available to stream globally on Disney+ and Hulu in June — coincides with Attenborough’s 99th birthday, and describes how the ocean has changed during his lifetime.
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“Over the last hundred years, scientists and explorers have revealed remarkable new species, epic migrations and dazzling, complex ecosystems beyond anything I could have imagined as a young man,” he says in a press release. “In this film, we share those wonderful discoveries, uncover why our ocean is in such poor health, and, perhaps most importantly, show how it can be restored to health.”
The feature-length documentary takes viewers on a journey to coral reefs, kelp forests and towering seamounts, showcasing the wonders of the underwater world and the vital role the ocean plays in defending Earth against climate catastrophe as its largest carbon sink.
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But the ocean also faces terrible threats. The film was shot as the planet experienced an extreme marine heatwave and shows the effects of the resulting mass coral bleaching: expansive graveyards of bright white coral, devoid of sea life.
Extraordinary footage shot off the coast of Britain and in the Mediterranean Sea shows the scale of destruction from industrial fishing. Bottom trawlers are filmed towing nets with a heavy chain along the seafloor, indiscriminately catching creatures in their path and churning up dense clouds of carbon-rich sediment.
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Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action.
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—
Crashing waves, glistening sea spray, a calm expanse of deep blue. These are the images that open “Ocean with David Attenborough,” the veteran broadcaster’s latest film. After decades of sharing stories of life on our planet, he tells viewers that: “The most important place on Earth is not on land but at sea.”
The film — released in cinemas today and available to stream globally on Disney+ and Hulu in June — coincides with Attenborough’s 99th birthday, and describes how the ocean has changed during his lifetime.
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“Over the last hundred years, scientists and explorers have revealed remarkable new species, epic migrations and dazzling, complex ecosystems beyond anything I could have imagined as a young man,” he says in a press release. “In this film, we share those wonderful discoveries, uncover why our ocean is in such poor health, and, perhaps most importantly, show how it can be restored to health.”
The feature-length documentary takes viewers on a journey to coral reefs, kelp forests and towering seamounts, showcasing the wonders of the underwater world and the vital role the ocean plays in defending Earth against climate catastrophe as its largest carbon sink.
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But the ocean also faces terrible threats. The film was shot as the planet experienced an extreme marine heatwave and shows the effects of the resulting mass coral bleaching: expansive graveyards of bright white coral, devoid of sea life.
Extraordinary footage shot off the coast of Britain and in the Mediterranean Sea shows the scale of destruction from industrial fishing. Bottom trawlers are filmed towing nets with a heavy chain along the seafloor, indiscriminately catching creatures in their path and churning up dense clouds of carbon-rich sediment.
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Tbilisi, Georgia — Jailed journalist Mzia Amaghlobeli gets weaker every day as her hunger strike has reached three weeks in Rustavi, a town near the Georgian capital of Tbilisi, her lawyer says. Now the 49-year-old is having difficulty walking the short distance from her cell to the room where they usually meet, and human rights officials, colleagues and family fear for her life.
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Amaghlobeli was arrested Jan. 12 during an anti-government protest in the coastal city of Batumi, one of over 40 people in custody on criminal charges from a series of demonstrations that have hit the South Caucasus nation of 3.7 million in recent months.
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The political turmoil follows a parliamentary election that was won by the ruling Georgian Dream party, although its opponents allege the vote was rigged.
Protests highlight battle over Georgia's future. Here's why it matters.
Its outcome pushed Georgia further into Russia's orbit of influence. Georgia aspired to join the European Union, but the party suspended accession talks with the bloc after the election.
As it sought to cement its grip on power, Georgian Dream has cracked down on freedom of assembly and expression in what the opposition says is similar to President Vladimir Putin's actions in neighboring Russia, its former imperial ruler.
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