The Latest: 04/09/2025 09:59am ET

All the latest national and international news. Topics also include finance, weather and entertainment.

See omnystudio.com/listener for privacy information.

Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update.

Speaker 2 (00:03):
The latest use this hour in just four minutes.

Speaker 3 (00:08):
Wall Street is opening with stocks lower after China announced
an additional fifty percent in retaliatory tariffs on US imports today.
More from business reporter Brian Chung.

Speaker 4 (00:18):
Means that if you look at the last five day period,
the Dow Jones is down twelve percent. If we zoom
out even more than that, over the last month, it
is down thirteen percent. So the stock market slide is
continuing as we're getting this flory of headlines Savannah just
over the last few hours of some countermeasures that were
taken by a number of countries, starting off with a
few hours ago when China announced that it was going
to ratchet up it's tariffs on United States goods going

(00:42):
into China to eighty four percent to basically be commensurate
and in line with the tariffs that the United States
put into effect on China, which is effectively one hundred
and four percent as of today.

Speaker 3 (00:53):
The EU is also announcing countermeasures this morning. At the
opening bell that DOO was down more than four hundred points.
Recent declines in the stock market are raising worries about
retirement and college savings plans like five twenty nine accounts
Professor Ludwig Chincarini of the University of San Francisco.

Speaker 1 (01:12):
It all depends when you're using the money for the
five twenty nine, so you may need the money sooner,
so you're more scared of taking a dip.

Speaker 3 (01:18):
Now, President Trump' Special envoy to the Middle East is
set to lead nuclear talks. Whether ran on Saturday. More
from Trent Murray.

Speaker 5 (01:26):
You as Special Envoy Steve Widcoff will lead the talks
on behalf of the United States, which is set to
focus on Iran's nuclear program. In an online post, Iran's
foreign minister described the talks as an opportunity as much
as it is a test, going on to say that
the ball is in America's court. Direct talks between Washington
and Tehran haven't taken place in a decade. Speaking Monday

(01:48):
at the White House, President Trump said Iran cannot have
a nuclear weapon, and if the talks aren't successful, Iran
will be in great danger. That follows earlier comments from
the President to NBC News where he said, eve Iran
doesn't make a deal, they will be bombing.

Speaker 3 (02:04):
I'm Michael Kasner. President Trump has signed an executive order
that aims to revitalize the coal industry in the US.
Mark Mayfield with details.

Speaker 2 (02:14):
In a ceremony at the White House Tuesday, Trump said
he is ending what he called former President Biden's war
on clean coal.

Speaker 5 (02:21):
The call is the single most reliable, durable, secure, and
powerful form of energy there is on earth today.

Speaker 2 (02:27):
He said. Biden put thousands of coal miners out of
work during his time in office. The White House said
the order will reverse policies that slowed coal production in
the country. Trump noted that European countries are moving back
to coal energy after switching to green energy like wind
on Mark Mayfield.

Speaker 3 (02:43):
Filers who can't afford to pay their taxes have several
options more from Phil Hewlett.

Speaker 1 (02:48):
When that tax bill comes due and it's more than
you could afford, there are options.

Speaker 6 (02:53):
What you don't want to do is skip filing a
return altogether.

Speaker 1 (02:56):
That's John Kiernan, he's the managing editor at wallet hub,
says there are penalties for both failing to pay taxes
and failing to file, and the latter can be easily avoided,
especially if you just have some temporary cash flow problems.

Speaker 6 (03:09):
You can simply file your return by the deadline and
then wait for a bill in the mail. You'll pay
about a zero point five percent monthly fee for that,
but that's peanuts compared to the potential penalties for not.

Speaker 2 (03:21):
Paying at all or not filing, he says.

Speaker 1 (03:23):
The IRS also offers a one hundred and eighty day extension,
but you still pay a monthly fee until you come
up with the money. But what if you need more time?

Speaker 6 (03:31):
Two options are to either come up with an installment
agreement with the IRS, which gives you up to seventy
two months, or you can pay.

Speaker 1 (03:38):
With a credit card that'll get you points or cash
back in most cases, and if it's a new credit card,
there might be a cash back or points bonus worth
hundreds of dollars. I'm Phil Schulett.

Speaker 3 (03:48):
Health officials are confirming a third case of measles in Colorado,
this time though the possible troubling implication the adult in
question had not traveled recently, raising concerns about possible community transmission.
A Michael Cassner