Trump, Dollar
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Trump, Powell and Federal Reserve Chair
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Ed Yardeni, President of Yardeni Research cited the US administration’s flexibility in allowing Nvidia to sell certain chips to China as an example of pragmatic trade policy. “Everything is negotiable,
Former Chicago Mayor Rahm Emanuel has a stark warning for Democrats’ fundraising efforts as numbers start to trickle in from the second financial quarter. In an interview with the Washington Examiner,
“Putin will not negotiate as a loser,” one of his longtime associates tells TIME by phone from Moscow. “He knows that winners don’t get punished, and if he wins, all of this” — the sanctions, the tariffs — “will go away.”
Senate Republicans are gearing up to advance a multibillion-dollar clawback package from President Donald Trump, but dissent among the ranks threatens to stymie the process. Senate Majority Leader John Thune, R-S.D., intends to put Trump’s $9.4 billion ...
Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices.
Fmr. IMF Chief Economist: how Trump waking up ‘on the wrong side of the bed’ could affect the dollar
The dollar’s recent decline signals a loss of faith from global investors in the United States’ ability to honor its obligations. Harvard University’s Ken Rogoff says political dysfunction in Washington and Trump’s aggressive trade war fuel economic uncertainty and undermine America’s soft power in the world.
As recently as April, the markets gyrated in response to Trump's tariff announcements. When Trump unveiled sweeping "Liberation Day" tariffs on April 2, the major stock indexes lost about $3.1 trillion in value the next day,
US stocks are little changed as investors shrug off more tariff threats from Trump. Investors await inflation data and earnings for direction.