Politics News & Analysis

US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national cryptocurrency reserve.According to a May 8 Politico report, an employee of …

US president promises ‘breakthrough’ pact with UK will be first of many as he signals optimism on China talks

Trump previously said he could remove Powell “real fast,” but has since backed down.

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades near 100.00 on Thursday, lifted modestly by upbeat US data and expectations of extended yield differentials.

The Dow Jones Industrial Average (DJIA) gained ground on Thursday, climbing over 650 points or 1.6% at its peak after the Trump administration announced an incoming (but still not signed) trade deal with the United Kingdom (UK).

Bitcoin gained 5% after Trump announced he would roll back some tariffs on the U.K.

The Canadian Dollar (CAD) hit a soft patch on Thursday, extending into a second straight day of losses as the US Dollar (USD) catches a broad bid on hopes that the Trump administration will pick up the pace of inking trade deals to subvert its own self…

A data-dependent approach might leave the central bank playing catch-up.

Prevost, 69, was born in Chicago.

President Donald Trump on Thursday said his administration has reached a preliminary deal with the U.K. on trade, offering a bit of relief to investors who have spent weeks waiting for such agreements.

Japanese automaker underscores impact of Trump’s tariffs on imported vehicles by outlining hefty hit to profits.

Seventeen states are suing President Donald Trump‘s administration for withholding billions of dollars for building more electric vehicle chargers, according to a federal lawsuit announced Wednesday.

The Trump administration in February direc…

The Apple senior VP testified as part of a Justice Department lawsuit against Google that Apple is considering revamping its web browser to integrate AI.

Missouri House Bill 594, a bill that would eliminate capital gains tax in the US state, has passed a vote in the state House of Representatives and now heads to Missouri Governor Mike Kehoe’s desk for signature.According to attorney Aa…

China’s Geely has offered to take its EV startup Zeekr private, one year after the company debuted on the NYSE.

The agreement appeared to be more of a framework than a settled deal and eased some of President Trump’s tariffs on British goods while opening its markets.

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.

CEO Mary Beth Laughton has to simultaneously firm up REI’s earthy cred and raise its retail game in a competitive landscape.

The social media platform X said Thursday it has blocked access to jailed Istanbul mayor Ekrem Imamoglu ’s account in Turkey, complying with a Turkish court order — the latest measure targeting a key rival of President Recep Tayyip Erdo…

Shopify’s new tools include AI-driven tariff guidance and expanded duties-collection capabilities.

The program was set to allocate $5 billion over five years. Seventeen states are suing.

Airplanes, booze, vehicles, and auto parts will be targeted if the trade war continues.

It’s been a while since we had a headline-worthy stock split. With the stock market starting the year in a hole caused by Trump tariffs, with last year’s biggest gainers taking harder punches to the gut, it should be no surprise as to why the pace of large and mega-cap share splits has ground to […]

The post This Stock’s Massive Rally Makes It a Likely Stock Split Stock This Year appeared first on 24/7 Wall St..

The U.S. economy is in an era of historic uncertainty. A recent report from the Bureau of Labor Statistics shows that real American economic output fell by 0.3% in the first quarter of 2025. Additionally, the Consumer Sentiment Index just hit its lowest point since the onset of the COVID-19 pandemic — and the VIX, […]

The post Six‑Figure Earners Barely Break Even on Trump (+0.6%) While Wall Street Bleeds Trillions appeared first on 24/7 Wall St..

U.S. President Donald Trump made a series of remarks on Thursday, touting what he called a major breakthrough in trade ties with the United Kingdom.

Changes in export rules could boost global sales of the major AI-chip producers and others.