-
Scott Bessent Never 'Made Time' For Japan's Trade Negotiator, Says Economist, Yet The US Ally Got Hit With Trump Tariffs — How Should Tokyo Make Sense Of This?
Wednesday, July 9, 2025 - 2:56am | 621Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter. What Happened: On Tuesday, in a post on X, Wolfers discussed Japan’s top trade negotiator’s recent travel to...
-
No Fast Lane For The Rich? Lawyers Say Trump's $5 Million 'Gold Card' Visa Can't Fly Without New Law
Tuesday, July 8, 2025 - 3:25am | 430Donald Trump's much-touted plan to sell $5 million "gold card" visas to the ultra-wealthy may never leave the runway, immigration lawyers and policy analysts say. What Happened: The proposal would create a brand-new residency class for investors willing to wire in billions, but experts note a...
-
Dow Futures Slip Over 100 Points Amid Trump's August Deadline On Tariffs
Monday, July 7, 2025 - 12:02am | 435U.S. Stock futures slipped on Sunday evening, following the Fourth of July weekend, after President Donald Trump’s confirmation regarding the reciprocal tariffs that are set to go into effect on August 1, instead of July 9. The S&P 500 Futures trade at 6,297.50, down 0.43%,...
-
US Stocks Likely To Open Higher, Continuing Record-Setting Advances: June Has Never Seen An All-Time High Since 1950, Highlights Expert
Monday, June 30, 2025 - 5:56am | 1941U.S. futures rose on Monday after a record close on Friday. Futures of major benchmark indices were trading higher. As the July 9 deadline for President Donald Trump‘s reciprocal tariffs comes closer, on Friday, he suggested that the deadline for a U.S.-EU trade deal might not be set in stone...
-
US Stocks Likely To Open Higher As Commerce Secretary Confirms Deal With China: Nike, Worthington Steel Surge Amid Upbeat Earnings
Friday, June 27, 2025 - 6:21am | 1572U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...
-
Howard Lutnick Confirms US-China Trade Agreement, Reaffirms White House's Progress To Close Deals With 10 Other Trading Partners
Friday, June 27, 2025 - 3:56am | 559The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading...
-
Howard Lutnick Says Nearly 70,000 Register For $5 Million 'Trump Card' Visa As US Eyes $1 Trillion Windfall From Premium Immigration Plan
Tuesday, June 17, 2025 - 4:27am | 480Nearly 70,000 people have registered interest in President Donald Trump‘s new $5 million “Trump Card” visa program, Commerce Secretary Howard Lutnick announced Monday. The waiting list reached 68,703 applicants within hours of Lutnick’s morning update showing 67,697...
-
US Stocks Likely To Open Lower Ahead Of May Inflation Report: S&P 500 Still In A 31-Month-Long Bull Market, 'Better Times Are Coming,' Says Expert
Wednesday, June 11, 2025 - 5:56am | 1912U.S. stock futures were trading lower on Wednesday after a positive close on Tuesday. Futures of major benchmark indices were lower in premarket. A federal appeals court on Tuesday permitted President Donald Trump‘s extensive tariffs to continue, pending its review of lower court rulings that...
-
Howard Lutnick Says US And China 'Reached A Framework' To Implement Geneva Consensus Following Trump-Xi Call — CSI 300 Index Gains
Wednesday, June 11, 2025 - 12:08am | 751The United States and China have reached a long-awaited trade agreement, following two days of high-level discussions in London this week. What Happened: On Tuesday, representatives from both sides said that they’ve reached an agreement to implement the provisions of the Geneva trade...
-
Mohamed El Erian Warns Of 'Worrisome' Chinese Trade Data Looming Over US Negotiations, But Bob Elliott Sees 'Little Urgency' For China To Sign A 'Disadvantageous Deal'
Monday, June 9, 2025 - 8:36am | 1223As China’s May export data missed expectations just ahead of the second round of U.S.-China trade negotiations, leading experts are offering sharply divergent interpretations of how the data will be leveraged during the trade talks. What Happened: While Mohamed A. El-Erian, a senior...
-
Trump's Trade Deadline, Cuban On Inflation, Lutnick's National Emergency And Trump-Xi Relations: This Week In Economics
Sunday, June 8, 2025 - 7:00am | 554The past week was a whirlwind of economic news. From President Donald Trump’s aggressive trade deal deadline to Mark Cuban’s insights on inflation, the stories were as varied as they were impactful. Let’s dive into the details. Trump’s Trade Deadline President Donald...
-
Howard Lutnick Calls $1.2 Trillion Trade Deficit A 'National Emergency,' Says Trump's Tariffs Are 'Not Going Away'
Monday, June 2, 2025 - 4:09am | 445The U.S. Commerce Secretary, Howard Lutnick, doubles down on the Trump administration’s tariff strategy following recent federal court rulings that blocked key trade policies, declaring America’s trade deficit a national emergency requiring immediate action. What Happened: In a Fox News...
-
Trump Media Group Reportedly Plans To Raise $3 Billion To Buy Cryptocurrencies: 'Borrowing A Page' From MSTR Playbook, Says Peter Schiff
Tuesday, May 27, 2025 - 3:34am | 596Trump Media & Technology Group (NASDAQ:DJT), the Trump family’s media company, is reportedly strategizing to raise a $3 billion investment in cryptocurrencies, such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE). What Happened: TMTG, the organization owned by...
-
Trump Decides To Bypass Individual Trade Deals — New Tariff Rates To Be Set Unilaterally And Notified Through 'Letters'
Friday, May 16, 2025 - 8:33am | 503President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements. What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs...
-
Apple May Hike iPhone Prices This Fall, Steering Clear Of Tariff Blame: Report
Monday, May 12, 2025 - 9:25am | 726In the face of ongoing trade tensions, Apple Inc. (NASDAQ:AAPL) is reportedly contemplating raising the prices for its forthcoming fall iPhone models, while also planning to introduce new features and design changes. What Happened: The iPhone maker is planning a price hike but is keen to...