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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%.

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Taylor Swift has been subpoenaed in the case between Blake Lively and Justin Baldoni.

Swift – a longtime friend of Lively’s – was first mentioned in connection to the ongoing legal dispute between Lively and her “It Ends with Us” director and costar when text exchanges were revealed to include the name “Taylor” as part of Baldoni’s $400 million defamation countersuit against Lively and her husband Ryan Reynolds in January.
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One of the text messages included in Baldoni’s suit appears to show an exchange between Baldoni and Lively about the script for the film: “I really love what you did. It really does help a lot. Makes it so much more fun and interesting. (And I would have felt that way without Ryan and Taylor),” Baldoni wrote with a wink emoji. “You really are a talent across the board. Really excited and grateful to do this together.”
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A spokesperson for Swift on Friday told CNN, “Taylor Swift never set foot on the set of this movie, she was not involved in any casting or creative decisions, she did not score the film, she never saw an edit or made any notes on the film, she did not even see ‘It Ends With Us’ until weeks after its public release, and was traveling around the globe during 2023 and 2024.”

“The connection Taylor had to this film was permitting the use of one song, ‘My Tears Ricochet.’ Given that her involvement was licensing a song for the film, which 19 other artists also did, this document subpoena is designed to use Taylor Swift’s name to draw public interest by creating tabloid clickbait instead of focusing on the facts of the case,” the spokesperson added.

CNN has reached out to representatives for Baldoni for comment.

When reached for comment later on Friday, a spokesperson for Lively said Baldoni and his legal team “continue to turn a case of sexual harassment and retaliation into entertainment for the tabloids.”

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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Crime
U.S. charges sibling leaders of ruthless Mexico cartel, offers $8 million reward for information leading to their capture
Updated on: April 16, 2025 / 7:02 AM EDT / CBS/AP
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Federal authorities said Tuesday that they have indicted the top two leaders of a Mexican drug cartel and are offering up to $8 million rewards for information leading to their capture and conviction.
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Johnny Hurtado Olascoaga and Jose Alfredo Hurtado Olascoaga, are accused of participating in a conspiracy to manufacture cocaine, heroin, methamphetamine and fentanyl and importing and distributing the drugs in the United States, authorities said during a news conference in Atlanta. The newly unsealed three-count indictment was returned by a grand jury in September.
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The two brothers are the leaders of La Nueva Familia Michoacana, a Mexican cartel that was formally designated by the U.S. government in February as a "foreign terrorist organization," authorities said.

"If you contribute to the death of Americans by peddling poison into our communities, we will work relentlessly to find you and bring you to justice," Attorney General Pam Bondi said in a statement.

The State Department is offering up to $5 million for information leading to the arrest and/or conviction of Johnny Hurtado Olascoaga and up to $3 million for information about Jose Alfredo Hurtado Olascoaga, who also goes by the name "The Strawberry." Both men are believed to be in Mexico, officials said.

Separately the U.S. Treasury announced new sanctions Wednesday against the two men and well as two other alleged leaders of the cartel, which the U.S. designates as a "foreign terrorist organization."

In addition to drug trafficking, the Familia Michoacana cartel has also engaged in extortions, kidnappings and murders, according to U.S. prosecutors.
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Lido finance crypto encompasses the native tokens (like stETH for Ethereum, stSOL for Solana, etc.), governance tokens, and other assets within the Lido ecosystem. These tokens facilitate staking, liquidity provision, and governance participation.