Your Pulse On America: Live And Unfiltered
For a president who advertises himself as a paramount deal maker, the next 11 weeks will be a pivotal test, as his advisers race to accomplish what no other administration has done before and reach dozens of individual trade deals with other governments. President Trump has promised big gains for American trade, and officials from…
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders about the tariffs fallout. Source link
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty. At the Mine Safety and Health Administration, powerful lobbying groups have asked the administration to eliminate a rule to protect miners from inhaling the dust of crystalline…
The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what has long been the safest haven in global financial markets. An index that tracks the dollar against a basket of major trading partners fell for a fifth straight day, even as U.S….
Goldman Sachs on Monday revealed its latest financial results and outlook for the future, and in a deft feat of linguistics, its executives managed not to utter the word “tariff” once. Instead, in an hourlong call with analysts, David M. Solomon, the bank’s chief executive, unfurled a bouquet of euphemisms, saying that there had been…
Markets in Asia moved higher on Monday after a weekend that brought more shifts in strategy from President Trump about tariffs. Stocks in Japan rose a little over 1 percent while benchmarks went up 2 percent in Hong Kong and less than 1 percent in mainland China. S&P 500 stock futures, which let investors bet…
There are not many certainties in the world of money, but this traditionally has been one of them: When life turns scary, people take refuge in American government bonds. Investors buy U.S. Treasuries on the assumption that, come what may — financial panic, war, natural disaster — the federal government will endure and stand by…
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and pleasant affair. But when the group convened this month, on President Trump’s “Liberation Day,” the tone was strikingly serious. The dinner, organized by former Treasury Secretary Steven T. Mnuchin, took place at a moment…
The bedrock of the financial system trembled on Friday, with government bond yields rising sharply as the chaotic rollout of tariffs shook investors’ faith in the pivotal role played by the United States in the financial system. U.S. government bonds, known as Treasuries because they are issued by the U.S. Treasury, are backed by the…