Donald J. Trump
Toast, Shift4 lead drop in fintechs as investors exit stocks tied to consumer spending
A screen displays the company logo for Toast Inc. during the company’s initial public offering at the New York Stock Exchange in New York City on Sept. 22, 2021. Brendan Mcdermid | Reuters Economic concerns are hitting the stock market broadly, but they’re having an outsized impact on fintech companies that are tied closely to […]
Read More
Greenland PM blasts Trump talk of U.S. annexation: ‘Enough is enough’
Lars Joergen Kleist, wearing a Make America Great Again hat, queues to vote at the polling station in Nuuk on March 11, 2025, as Greenland, the autonomous Danish territory, holds legislative elections. Odd Andersen | Afp | Getty Images The outgoing prime minister of Greenland blasted talk Thursday by President Donald Trump that the potential […]
Read More
Trump’s Treasury chief on 200% EU tariff threat: ‘Not sure why that’s a big deal’ for markets
U.S. Treasury Secretary Scott Bessent on Thursday said Wall Street should shrug off President Donald Trump’s latest threat to impose steep tariffs on foreign trading partners. Asked on CNBC’s “Squawk on the Street” about Trump’s threat to ratchet up tariffs on European alcohol, Bessent suggested the move should have little impact on stocks. “One or […]
Read More
‘I’m not going to bend at all’: Trump doubles down on tariff plans as stocks sink
US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump on Thursday doubled down on his escalating tariff plans, even as his economic […]
Read More
Trump sued by 20 states to halt the ‘dismantling’ of Education Department
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025. Nathan Howard | Reuters A group of Democratic state attorneys general filed a lawsuit against the Trump administration Thursday over its moves to dismantle the U.S. Department of Education and its termination of nearly half the agency’s staff. […]
Read More
One of Wall Street’s biggest bulls cuts his S&P 500 outlook, blaming Trump’s tariffs
Widely-followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation. “It has dawned on Wall Street (and us!) that President Trump’s tariffs aren’t negotiating chips to help the U.S. lower tariffs around the world, promoting free trade,” Yardeni said […]
Read More
Judge blocks Trump’s executive order seeking to punish law firm Perkins Coie
U.S. President Donald Trump speaks before signing executive orders in the Oval Office of the White House on March 6, 2025 in Washington, DC. Alex Wong | Getty Images A federal judge blocked President Donald Trump’s administration Wednesday from enforcing portions of an executive order designed to punish a prominent law firm linked to Democratic-funded […]
Read More
‘God used Donald Trump to save me’: Ex-Tenn. senator gets pardon 15 days after entering prison
Former Tennessee Sen. Brian Kelsey, left, arrives at federal court, Nov. 22, 2022, in Nashville, Tenn. On Monday, July 8, 2024, a federal appeals panel ruled to keep a 21-month prison sentence in place for the former Tennessee state senator who tried to withdraw his guilty plea on campaign finance law violations. Mark Humphrey | […]
Read More
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in Washington, DC. Kevin Carter | Getty Images The U.S. debt and deficit problem worsened during President Donald Trump’s first month in office, as the budget shortfall for February passed the $1 trillion mark even though […]
Read More
Here’s the inflation breakdown for February 2025 — in one chart
Key Points The consumer price index rose 2.8% in February from 12 months earlier, a deceleration from January. Steel and aluminum tariffs took effect Wednesday. Economists fear that an escalating trade war could stall or reverse progress on inflation. Eggs saw by far the highest inflation rate among other categories in February. Source
Read More