(Bloomberg) — The dollar’s muted rally against major peers after Israel’s strikes on Iran reinforced the impression that the greenback’s role as a global haven currency is fading. Most Read from Bloomberg A Bloomberg gauge of the US dollar gained as much as 0.6% at one point on Friday after Israel’s attacks on Iranian nuclear … Read more
Despite President Donald Trump’s frequent promises to boost manufacturing in America, recent job figures show troubling declines. In a recent Fox Business segment, host Stuart Varney pressed Labor Secretary Lori Chavez-DeRemer over the loss of 8,000 manufacturing jobs in May, asking directly, “How come we’re losing 8,000 manufacturing jobs in May when there’s a big … Read more
Topline Thousands of “No Kings” protests have sprung up around the U.S. on Saturday, coinciding with President Donald Trump’s military parade and opposing the president’s agenda, contested uses of executive power and controversial immigration policies. Arndrea Waters King, third from left, and Martin Luther King III, fourth from left, march in one of … More … Read more
Berkshire Hathaway CEO Warren Buffett.Associated Press President Donald Trump wants to give every American newborn a stock account and $1,000 to start them off. Warren Buffett says buying stocks early and holding for the long run is key to wealth creation. The program could help narrow the wealth gap, but children of richer families have … Read more
President Trump’s $5 million pathway for wealthy immigrants to achieve legal U.S. residency now has a website where aspiring visa holders can join a waitlist for what he’s calling the “Trump card.” In a social media post late Wednesday, Mr. Trump said that “thousands have been calling and asking how they can sign up to ride a … Read more
By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today I’m excited to announce that I’m now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters website, and you can follow us on LinkedIn and … Read more
The Republicans’ “big beautiful” budget package is uniting everyone from Elon Musk to Wall Street over an issue that experts say could pose a threat to the nation’s long-term fiscal stability: the rising cost of servicing the U.S. government’s growing mountain of debt. The U.S. spent $1.1 trillion in interest on its debt in 2024 — … Read more
London — President Trump declared on Wednesday morning that a U.S. trade “deal with China is done.” The U.S. leader offered a few key details of a “framework deal” reached between senior U.S. and Chinese trade representatives in London on Tuesday, but he acknowledged that both he and Chinese President Xi Jinping were both yet to … Read more
A degree of uncertainty reigns over the implementation of regulations imposed by US President Donald Trump that aim to bolster pharmaceutical manufacturing in the US, market analysis suggests. Trump has signed a range of executive orders that aim to incentivise drugmakers to double-down on manufacturing infrastructure in the US. The most widely reported have been … Read more
Americans wary of Trump tariffs’ impact, but support plan to aid farmers — CBS poll – CBS News Watch CBS News In a new CBS News poll, Republicans voice strong optimism on the economy, but President Trump’s handling of trade gets negative reviews. Be the first to know Get browser notifications for breaking news, live … Read more