Donald J. Trump
Oracle misses on earnings but touts data center growth from AI
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle issued quarterly results on Monday that trailed analysts’ estimates, but the company offered bullish comments on its cloud infrastructure segment. Here is how Oracle […]
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Trump finds unexpected ally in auto union leader over tariffs
United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images DETROIT — The head of the United Auto Workers has become an unexpected ally for President Donald Trump’s plans […]
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Tariffs are ‘lose-lose’ for U.S. jobs and industry, economist says: ‘There are no winners here’
Key Points President Donald Trump has pursued an economic agenda of broad tariffs on U.S. trading partners, including Canada, China and Mexico. Tariffs aim to protect targeted domestic industries. They end up costing U.S. jobs on a net basis, after accounting for retaliation and higher production costs for many businesses, economists said. Source
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Trump Media falls more than 11% as broader sell-off intensifies
Anna Barclay | Getty Images Shares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company’s downward slide since President Donald Trump took office. The company behind Trump’s preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20, […]
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Tesla shares plunge 14%, head for worst day in five years
People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025. Patricia De Melo Moreira | Afp | Getty Images Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 14% and heading for their worst day on […]
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Bitcoin falls to November low under $80,000 on heightened recession fears
CFOTO | Future Publishing | Getty Images Bitcoin dropped under the $80,000 level on Monday, dragged by the continued selling pressure in the equities market. The price of the flagship cryptocurrency was last lower by 5% at $78,714.96, its lowest level since November, according to Coin Metrics. Stock Chart IconStock chart icon Bitcoin in the […]
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Trump rejects pleas from business for more clarity on tariffs: ‘They always say that’
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands by him aboard Air Force One on his return to Washington, D.C., U.S., March 9, 2025. Kevin Lamarque | Reuters President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House […]
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Trump ‘an agent of chaos and confusion,’ economists warn — but a U.S. recession isn’t in the cards yet
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters Global market volatility and geopolitical turbulence in the wake of President Donald Trump’s return to the White House have led to warnings that the U.S. economy could be heading for […]
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Trump downplays business concerns about uncertainty from his tariffs and the prospect of higher prices
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t […]
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Memo says mass layoffs at Veterans’ Affairs will begin early as June
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images The Department of Veterans Affairs will begin mass layoffs at the politically sensitive agency as early as June, according to a memo reviewed […]
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