(L-R) U.S. President Donald Trump and Rolex CEO Jean-Frederic Dufour arrive in the Rolex suite prior to the Men’s Singles Final match between Jannik Sinner of Italy and Carlos Alcaraz of Spain on Day Fifteen of the 2025 US Open at USTA Billie Jean King National Tennis Center on September 07, 2025 in New York…
US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty Images Treasury Secretary Scott Bessent said Sunday that he is “confident” that President Donald Trump’s tariff plan “will…
President Donald Trump‘s trade war suffered a big setback with many of his administration’s tariffs ruled illegal by a federal appeals court last Friday. Billions of dollars in trade duties may potentially need to be refunded to businesses as trade deals struck by the White House with other nations are thrown into question. But for…
U.S. Commerce Secretary is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding. Andrew Harnik | Getty Images News | Getty Images U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said. Expanding on a plan…
Traders works on the floor of the New York Stock Exchange (NYSE) during morning trading on August 4, 2025, in New York City. Angela Weiss | Afp | Getty Images The Dow Jones Industrial Average fell on Tuesday as traders assessed weaker-than-expected economic data and new tariff comments from President Donald Trump. The blue-chip Dow…
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following a…
The S & P 500 rose every day this past week as trade deals, both in the works and announced, lent support to the market. The index heads into the final stretch of a strong July at record highs. For the week, the S & P 500 gained nearly 1.5%. The Nasdaq did not go…
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said that he is likely to hash out an extension…
Jason Hawkes | Riser | Getty Images Earnings season always seems to roll around with alarming frequency. The newsroom approaches each quarter with a nervous energy, but this summer it feels especially heightened. Recent market records in both the U.S. and Europe, alongside an unpredictable economic environment, paint a complicated picture for the second half….
U.S. tariff revenue could reach $300 billion by the end of the year, according to Treasury Secretary Scott Bessent. Speaking during a White House cabinet meeting, Bessent said the bulk of the revenue stems from new import tariffs introduced under President Donald Trump earlier this year. The government has already collected approximately $100 billion, and…
