Donald J. Trump
The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty Images A complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an uncomfortable Catch-22, unsure whether to use its policy levers to tame inflation or boost growth. With many […]
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Trump administration sued over Jan. 6 information requests, health data scrubbing
The Trump administration was sued Tuesday in separate civil complaints challenging a request for information about FBI employees who worked on cases involving President Donald Trump and the Jan. 6 Capitol riot, and the removal of data from federal health agency websites. The lawsuits are the latest in a growing number of legal salvos seeking […]
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European stocks fall as tariff uncertainty lingers; Infineon up 10%
Infineon CFO: We’re not out of the woods but have started the year on a ‘slightly positive tone’ Infineon CFO Sven Schneider speaks to CNBC’s Annette Weisbach after the company raised its full-year outlook, as first-quarter results come in slightly better than expected. European drink stocks fall Campari bottle is seen in this illustration photo […]
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Stock futures jump after Trump pauses Canada tariffs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on February 03, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures rose Monday night after U.S. President Donald Trump paused planned tariffs on goods from Canada, just hours after a reprieve was also announced on planned […]
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Trump pauses tariffs on Canada for at least 30 days, Trudeau says
Canada’s Prime Minister Justin Trudeau looks on during a press conference while responding to U.S. President Donald Trump’s orders to impose 25% tariffs on Canadian imports, in Ottawa, Ontario, Canada February 1, 2025. Patrick Doyle | Reuters President Donald Trump on Monday agreed to pause the implementation of planned U.S. tariffs on imports from Canada […]
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Apple shares fall on concern Trump tariffs on China will hit profit
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper than all […]
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Look to these steady income-producing investments if 2025 is a volatile market year
With 2025 already off to a volatile start, investors may want to look for steady investments that can earn solid income. On Monday, markets were rocked after President Donald Trump over the weekend slapped 25% tariffs on goods from Canada and Mexico, and a 10% duty on imports from China, effective Tuesday. After initially tanking […]
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Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool […]
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Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares slid about 5% on Monday after President Donald Trump announced plans for extensive tariffs on […]
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Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend. […]
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