Hey kids! Big news in the world of money and markets! There's been a lot of up and down movement recently, making things a bit confusing. This week, we saw some changes that affected how much things cost and how many jobs there are.
- President Trump made some changes to taxes on goods from Canada and Mexico, causing some uncertainty.
- He also announced a plan to buy Bitcoin for the government, but it didn't excite the Bitcoin world very much.
- The stock market had a rough week, with some big companies losing value.
- The number of jobs created was lower than expected, and this is worrying some people.
Thing | What happened |
---|---|
Stock Market (S&P 500) | Biggest drop this year |
Bitcoin | Fell after the President's announcement |
Jobs | Fewer created than expected |
Economy | Possible slowdown predicted |