Fresh trade threats aren’t stopping Wall Street strategists from raising their bets on stocks. Goldman Sachs (GS) raised its year-end S&P 500 (^GSPC) target to 6,600 late Monday, up from a prior estimate of 6,100, citing deeper Fed rate cuts, lower bond yields, and investors’ willingness to look past near-term earnings weakness. Bank of America…
On News at 7, this 8th of July, Jamshed Qamar Siddiqui brings to you the day’s most crucial headlines. U.S President Donald Trump, with the backing of the White House has accused the BRICS bloc of undermining U.S interests following their Rio summit exapansions. Donald Trump has announced new tariffs set at 25% to 40%…
WASHINGTON, DC – JULY 7: An aide picks up a page from a letter to Japan and South Korea, signed by U.S. President Donald Trump, announcing 25% tariffs beginning on August 1st, during the daily press briefing in the Brady Press Briefing Room at the White House on July 7, 2025 in Washington, DC. Andrew…
Japan’s Prime Minister Shigeru Ishiba said he ‘won’t easily compromise’ in talks with the White House (Tomohiro Ohsumi) Most stocks rose Tuesday as traders cautiously welcomed Donald Trump’s extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. Days before the three-month pause on…
WASHINGTON — Former President Joe Biden’s senior staff would “joke” about him giving “vastly different accounts” of how much time he’d spent with Chinese President Xi Jinping — even as some aides suggested he take a cognitive test to dispel speculation about his mental fitness, according to a bombshell book out Tuesday. “There was a…
White House trade advisor Peter Navarro gave Apple CEO Tim Cook a new, somewhat unexpected title in a recent interview: soap opera star. Navarro, who has advised President Donald Trump since his first term is a staunch tariff advocate, said on CNBC’s “Squawk on the Street” that Apple CEO Tim Cook isn’t doing enough to…
DEIR al-BALAH, Gaza Strip (AP) — Israeli airstrikes killed at least 33 Palestinians in Gaza, hospital officials said on Sunday, as Israel’s military said it has struck over 100 targets in the embattled enclave in the past day. The strikes came as Israeli Prime Minister Benjamin Netanyahu was preparing to fly to Washington for talks…
Donald Trump has celebrated the passage of his signature tax and spend legislation by declaring “there could be no better birthday present for America” on the eve of the 4 July holiday. The US president took a victory lap during an event in Des Moines, Iowa, that was officially billed as the start of a…
Get ready to see some punches on the White House grounds. President Trump says he will host a UFC mixed martial arts fight at the White House as part of next year’s festivities celebrating 250 years of American independence. The idea came up during a Thursday night speech at the Iowa State Fairgrounds, one year…
President Donald Trump’s administration is reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter, highlighting the potential for strengthening ties between the economies even as the US signals its desire to decouple from Beijing. The Commerce Department is…