The markets are reeling once again—less than 24 hours after the S&P 500 had its best single day rally since 2008, as investors cheered President Trump’s 90-day tariff delay. The White House confirmed on Thursday morning that the total amount of tariffs on China will now be 145% when accounting for the previous 20% duties…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Hypothetically speaking, what if President Trump paused his tariff rollout? For a brief moment Monday morning, the market considered the idea in real-time. Stocks shot up several percentage points on speculation that Trump…
Tech billionaire Elon Musk’s four-year-old son X Æ A-Xii accompanied him to the Oval Office as US President Donald Trump signed an executive order to continue downsizing the federal workforce on February 11. In a post on X, The White House shared a short clip wherein little X was seen standing beside the US President’s…
Thursday, January 30, 2025 Market indexes were looking like they might fall into the red this afternoon, a half hour before the closing bell, based on news from the White House that +25% tariffs were being set on our neighboring countries Canada and Mexico starting February 1st (Saturday), with Canada already signaling retaliation. But a…
President Donald Trump has vowed to be a peacemaker in his new term, but his aggressive early actions threaten to alienate US friends in a way that could hinder his ambitions, experts say. In an inaugural address on Monday, Trump said that his “proudest legacy will be that of a peacemaker and a unifier” and…
Michael Moore wants President Joe Biden to leave the White House a “hero.” According to the renowned filmmaker, the president ought to take advantage of “full immunity” and pass a “bucket list” of reforms in his last 100 days in office. “With a simple stroke or two of your presidential pen, you can make life…
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns – a move that would effectively bar nearly all Chinese cars from entering the U.S. market. The planned regulation, first reported by Reuters, would also…