Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites
Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under…
Category: Economy
India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions
"We play by the rules. If there is an international sanction, which is anchored, we would not want to go…
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming…
Anduril to take over Microsoft’s $22 billion U.S. Army headset program
Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. ...
Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…
Judge to consider extending pause on Trump’s federal worker buyout plan
The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.…
Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…
Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…
Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers
Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. ...