BRUSSELS—European leaders will travel to Washington with Ukrainian President Volodymyr Zelensky to meet with President Trump on Monday, aiming for unity in pushing back against Russian efforts to dictate peace terms in their war. PREMIUM Ukrainian President Volodymyr Zelensky says it’s paramount that Kyiv and its European allies stand united. The leaders of France, Germany,…
The US trade partners that believed they had worked out agreements with President Trump to avoid the harshest tariffs — such as the exemption for UK steel — are still waiting for their “deals” to be sealed, Bloomberg reports. And they’re growing impatient as the tariffs’ impact are beginning to have economic consequences. “We’re continuing…
Several major retailers will report earnings in the coming week, which may give a first glimpse into how President Trump’s tariffs have affected their bottom lines. The list includes Walmart (WMT), Target (TGT), Home Depot (HD), Lowe’s Companies (LOW) TJ Maxx parent TJX Companies (TJX) and Ross Stores (ROST). During Walmart’s first-quarter earnings call, CEO…
That spotlight has moved on, but advocates of the idea are still pursuing. Israeli officials have sounded out their counterparts in half a dozen countries and territories including Libya, South Sudan, Somaliland and Syria about taking in Palestinians who agree to leave Gaza, people familiar with the matter said. Israel and the U.S. have also…
Two contradictory things can happen at the same time. But maybe not indefinitely. Investors are contemplating what seem to be contradictory trends in financial markets and wondering how long they can last. President Trump’s tariffs are beginning to cause tremors in the real economy. But the stock market keeps drifting higher, as if boom times…
Opendoor Technologies (OPEN) shares spiked as much as 10% in morning trading after the company announced the departure of its CEO Carrie Wheeler effective immediately. Opendoor said it is searching for a new CEO to lead the ibuyer in its next growth phase, just weeks after the stock skyrocketed in a meme-fueled rally. The board…
Intel stock (INTC) rose more than 3% at the start of trading Friday following a report that the US government is considering taking a stake in the struggling chipmaker. According to Bloomberg, the plan could see the government help Intel build out its planned chip complex in Ohio, which the company has had to delay…
US stock futures were mixed on Friday as Wall Street tempered its rate-cut hopes and awaited July’s retail sales report. Futures attached to the Dow Jones Industrial Average (YM=F) rose around 0.7%. Futures attached to the benchmark S&P 500 (ES=F) were flat and futures attached to the tech-heavy Nasdaq 100 (NQ=F) fell below the flatline….
Tilray (TLRY) stock rose another 10% in premarket trading on Tuesday after soaring 41% on Monday amid speculation that President Trump may move to reclassify marijuana as a less dangerous drug. The Canadian cannabis company traded hands at over $1 per share for the first time since February. Despite a 60% gain in the past…
Intel issued a conciliatory statement Monday following CEO Lip-Bu Tan‘s White House visit, emphasizing the company’s commitment to American technology leadership after President Trump‘s recent call for the executive’s resignation over alleged China ties.“Earlier today, Mr. Tan had the honor of meeting with President Trump for a candid and constructive discussion on Intel’s commitment to…