The Worst Stock Market Drop in Years, and Dr. Oz’s New Government Job

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Plus, what’s so hard about building trains?

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April 4, 2025, 6:00 a.m. ET

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A man it sitting in front of several screens with graphs.
President Trump’s escalation of a global trade war on Thursday fueled the worst stock market sell-off since the coronavirus pandemic.Credit...Michael M. Santiago/Getty Images

David Enrich is a deputy investigations editor for The Times. He writes about law and business. More about David Enrich

Michael Kimmelman is The Times’s architecture critic and the founder and editor-at-large of Headway, a team of journalists focused on large global challenges and paths to progress. He has reported from more than 40 countries and was previously chief art critic. More about Michael Kimmelman

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