Howard Lutnick

U.S. Commerce Secretary Howard Lutnick said that President Donald Trump wants to eliminate taxes for individuals earning less than $150,000 per year. What Happened: Lutnick, in a CBS News interview on Tuesday, shared Trump’s tax objective. “I know what his (Trump's) goal ...

Billionaire Investor, Mark Cuban commented on Commerce Secretary, Howard Lutnick‘s beliefs that the tariffs and President Donald Trump‘s trade war would benefit the U.S. manufacturing sector. What Happened: Replying to a thread on the BlueSky Social on Sunday, about the CNBC interview...

After President Donald Trump imposed an additional 10% levy on Chinese imports, China has retaliated with tariffs on major agricultural imports from the U.S. Many agricultural product manufacturers, suppliers, and related businesses are likely to be impacted by this move. What Happened: China...

The past week has been a rollercoaster ride for the financial world. From Warren Buffett’s stern warning about tariffs to President Trump’s call to end the CHIPS Act, the market has been grappling with a flurry of developments. Here’s a quick recap of the top stories that made...

Commerce Secretary Howard Lutnick has reinforced Donald Trump's pro-crypto stance, hinting at major policy shifts set to be unveiled during Friday's White House crypto summit. What Happened: In an interview with The Pavlovic Today on Wednesday, Lutnick stated that Trump "definitely thinks there's a...

The first two months of the Trump Administration have seen back-and-forths within the Executive Branch on the timing and magnitude of the United States’s tariffs on its neighbors Mexico and Canada. The administration appears set to roll back some of the tariffs placed on Tuesday. What...

Bettors on the cryptocurrency-based prediction market Polymarket anticipated a higher chance that President Donald Trump will remove tariffs on Canada before the summer, after Commerce Secretary Howard Lutnick hinted that relief was possible. What happened: The odds in favor of a betting contract...

Canadian Prime Minister Justin Trudeau announced on Tuesday that Canada would impose retaliatory tariffs on U.S. imports, after President Donald Trump placed 25% levies on Canadian imports. The Details: Trudeau said the measures include a 25% tariff on CA$30 billion worth of U.S. goods, effective...

The White House Crypto Summit scheduled for March 7 will host a select group of 20-25 industry leaders in a roundtable setting, according to Fox Business journalist Eleanor Terrett. As of March 4, official invitations for the event had yet to be distributed, reflecting a planning process still in...

U.S. stock futures rose on Monday following Friday’s advances. Futures of all fourth benchmark indices rose in premarket trading. Investor anxiety over tariffs loomed as the March 4 deadline for tariff imposition on Mexico and Canada neared. U.S. Commerce Secretary Howard Lutnick told Fox...

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic product (GDP) calculations. What Happened: Lutnick argued that government spending has historically distorted GDP figures. He stated, “They count government...

US Commerce Secretary Howard Lutnick‘s hedge fund Cantor Fitzgerald LP increased the firm’s exposure to Bitcoin (CRYPTO: BTC) and Chinese technology companies during the fourth quarter of 2024, when Donald Trump was reelected as the President. What Happened: Lutnick is the chairman and...

Alibaba Group Holding Ltd ADR (NYSE:BABA), a Chinese multinational technology company led by Jack Ma, saw huge inflows from U.S.-based funds during the fourth quarter. However, many Asian funds exited the company despite its progress in the artificial intelligence arena. What Happened: As U.S....

Sen. Elizabeth Warren (D-Mass.) demanded answers from Commerce Secretary nominee Howard Lutnick on Tuesday with regard to his association with the controversial stablecoin-issuing company Tether (CRYPTO: USDT). What Happened: Warren wrote a letter to Lutnick, questioning potential financial...

President-elect Donald Trump has announced many of his picks for potential nominees for his Cabinet and other White House administration roles since winning the 2024 presidential election. While the picks still have to be officially nominated and approved in many cases, voters were recently asked...