Trump needs to explain his bank deregulation
When Donald Trump was president, he pushed for bank deregulation that's now a major factor in two failed banks and a shaky financial system.
95 articles
When Donald Trump was president, he pushed for bank deregulation that's now a major factor in two failed banks and a shaky financial system.
A blank-check firm that was set to merge with former U.S. President Donald Trump's media company has reached an agreement with the staff of the Securities and Exchange Commission.
A trade war between China and the US over the future of semiconductors is escalating.
The U.S. Securities and Exchange Commission (SEC) said on Thursday that Digital World Acquisition Corporation, which was found to have violated antifraud provisions of federal securities laws, agreed to a cease-and-desist order and to pay an $18 million penalty if it closes the merger.
New York Attorney General Letitia James raised the allegation in a lawsuit seeking $250 million and sanctions that would halt the Trump Organization's operations in New York.
One of Trump's dumbest economic ideas is getting even worse.
The UAW says it is ready to escalate its standup strike strategy if talks with automakers don’t progress.
Trump claims EVs are a "hoax," even though Elon Musk became the world's richest person by building them.
It's not a criminal trial, and there's no risk of jail time. But Trump could still lose big in the New York case focusing on vastly overvalued Trump businesses.
Prosecutors have shown in detail how Trump overvalues his assets and his wealth. It's not going to change any voters' minds.
The company doesn't have a seat on the board. What it does have is arguably more powerful.
Some of his 2024 campaign promises would raise costs and add to hardship for voters. What's he thinking?
Trump persuaded voters he was fixing problems, even when he wasn't. Biden has the opposite problem.
Trump dismissed the stock-market's breathless rally this year as a boon for the wealthy after President Biden boasted about its performance under him.
Wall Street isn’t wasting any time contemplating how past policies and priorities from the two leading candidates may impact market performance in the years ahead.
Trump's latest loss in court extends a remarkable losing streak.
A bromance could be forming between the Republican presidential candidate, who needs money, and the tech billionaire who has increasingly strident political views.
Was 2020 the decisive year of Donald Trump's presidency? Or more like an asterisk? The answer could determine the 2024 election.
Facebook once again finds itself in the crosshairs of former President Donald Trump. And that’s making some traders on Wall Street nervous.
Truth Social is going public as a money-losing front for Donald Trump. Why would anyone invest in it?
Strong short interest in Trump's public media company Truth Social suggests a gloomy view of its future.
Former president Donald Trump's digital media company is losing money, and lots of it. First, as a recap: Trump Media and Technology Group (TMTG) recently merged with Digital World Acquisition Corp. in a SPAC, the ill-starred financial instrument that, more often than not, represents a last-ditch option for a substantial cash infusion. The company is on the NASDAQ as, predictably, $DJT.
Donald Trump is no longer on the Bloomberg Billionaires Index, a daily ranking of the world’s 500 richest people, after Trump Media's stock dipped.
Trump is entitled to an additional 36 million shares if the company's share price trades above $17.50 "for twenty out of any thirty trading days" over the next three years.
Trump Media stock has nearly doubled since mid-April, when the company posted a message informing investors how to defend against short sellers.
Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators said.
Donald Trump's agenda includes a range of policies that could create new inflation pressures in the years ahead. The emerging debate among economists is exactly what those price effects would be.
President Biden made a trip to the swing state of Wisconsin on Wednesday with two goals: tout an AI investment from Microsoft and highlight a past failure from Donald Trump.
Trump is a friend of Big Oil, but energy firms had some of their worst years ever during the Trump presidency.
Gross, once the most influential voice in the market, predicted to the paper that a second Trump presidency would push deficits higher than re-electing President Joe Biden. "Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things," Gross said.
Biden is taking new action to limit migrant crossings while insisting his policies are more humane than Trump's.
Donald Trump's campaign announced a crush of new money in May, combining a new surge of support from small-dollar donors with continuing strength among billionaires.
President Biden wants voters to ask themselves if they were better off four years ago, during Donald Trump's last year as president. Here's why.
Even though Trump favors low taxes and light regulation, many businesses view him as a danger.
Donald Trump is narrowing his running mate choices and the business world ties of some top candidates are helping them rise on his list — while aiding Trump's search for new deep-pocketed donors.
Earlier in the month, Republican presidential candidate Donald Trump presented himself as a champion for cryptocurrency and slammed Democrats' attempts to regulate the sector during a San Francisco fundraiser.
Trump Media fell again after regulators cleared the way for investors to exercise warrants, potentially flooding the market with millions of shares.
Inflation is coming down under Biden. Many economists think it could go back up if Trump wins the 2024 presidential election.
Squeezed between the threat of Trump and Chinese imports, European leaders are seeking to woo Chinese investment and know-how.
Reid Hoffman knows firsthand that fortunes can be made building a social media empire. But the LinkedIn co-founder is dumbfounded by the size of the social media fortune former President Donald Trump is sitting on.
The 10-year Treasury yield stands at 4.49%, up from 3.9% Dec. 29.
Republicans are far from unified when it comes to what to do about the 21% federal corporate tax rate if they control Washington next year.
Tax cuts are a critical issue for the markets in this upcoming presidential election. The evidence of this played out in the bond market this past week.
Republican presidential candidate Donald Trump said he supports TikTok even as a potential ban looms if Chinese-parent company ByteDance fails to divest the short video app's U.S. assets. Trump previously called TikTok, which is used by 170 million Americans, a threat but then joined TikTok last month.
In 2018, Jonathan and Trista Schmier felt the economy was so strong that they could take a big risk. They quit their property management jobs and opened a restaurant, Rustic Burger, in Fayetteville, North Carolina.
The Democratic fundraising website ActBlue reported it processed more than $100 million in donations since Sunday.
The US dollar, the world's reserve currency, is a haven currency that thrives on uncertainty.
Ethereum remains dominant in DeFi, but Solana and Chainlink show significant potential, experts say.
Bitcoin's outlook remains positive as experts discuss political catalysts, demand growth, and enhanced investment transparency.
Experts discuss the reasons behind bitcoin's recent volatility and what it means for investors.
Former President Trump said he would work on a U.S. Strategic Bitcoin Reserve if re-elected during a speech at the Bitcoin Conference in Nashville
A second Trump term would likely be very different from the corporate-friendly deregulatory agenda that largely defined his first.
Vice President Kamala Harris has immediately complicated Republican efforts to win over Silicon Valley converts.
Less than a month ago, traders were staring to place bets on a Trump presidential win, including a GOP sweep of Congress. Those bets are now off.
A huge jump in import taxes could drag on growth, economists warn.
Both Kamala Harris and Donald Trump are pitching ideas that sound appealing but would make Americans worse off if ever enacted.
Trump's Truth Social came into being as another of his schemes, and that's how it's proceeding. Since Biden exited the presidential race, the stock has been spiraling.
Trump owns about 59% of Trump Media, which is the parent company of his social media platform, Truth Social.
In just a few short months, the country will elect its 47th president—and this new administration could usher in new laws and regulations that have the power to impact your bank accounts. Here’s how.
Electoral math explains why the presidential candidates are dangling a tax break before a key subset of Nevada voters.
“Trump has been reaching out to the crypto community, and it seems to have paid off."
Peter Thiel is best known to many investors as the co-founder of PayPal Holdings (NASDAQ:PYPL)and Palantir Technologies Inc (NYSE:PLTR). Here’s a look at five things investors may be less familiar with when it comes to looking at the life of the ...
It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Tariffs are different.
To raise prices for consumers, or not?
A second assassination attempt Sunday on the former president further jolted a campaign that has already seen unprecedented twists and turns.
Voters almost never support candidates who promise to raise their taxes. Yet that's exactly what Donald Trump says he'll do.
Donald Trump claims he’s not selling Trump Media stock, but these investors are.
The chair of the Federal Communications Commission rejected former U.S. President Donald Trump's suggestion that Walt Disney-owned ABC should lose its broadcast licenses over the network's moderating Sept. presidential debate. "The First Amendment is a cornerstone of our democracy.
Trump maintains a roughly 60% stake in Trump Media & Technology Group, which trades on the Nasdaq under the ticker symbol "DJT."
Speaker Mike Johnson laid out on Tuesday a policy agenda should Republicans take the majority next year that extends the tax cuts approved when Donald Trump was president, reduces the size of the federal workforce and gives parents more choice on where they can send their children to school. Johnson emphasized five main policy points during a speech at the New York Stock Exchange.
At the beginning of October, it was reported that Bitcoin ETFs experienced a withdrawal of $242.66 million. This was the biggest since the beginning of September after hitting $1 billion spot Bitcoin ETF inflows, days before, on September 28. The blend of feelings mirrors the nature of the ...
For economists wary about prices under a Trump presidency, the Republican nominee’s tariff plans loom large.
Kamala Harris and Donald Trump each take different approaches on issues that affect a key voting bloc in most presidential elections.
Harris and Trump differ starkly when it comes to renewable energy, but the election could also impact other sectors.
The dollar, Treasury yields, and Bitcoin fell on Monday after a closely watched poll over the weekend showed Harris with a lead in Iowa.
Apple CEO Tim Cook will meet Donald Trump on Friday night at the U.S. president-elect's Mar-a-Lago resort in Florida, a source familiar with the matter told Reuters. Business leaders have attempted to establish a positive rapport with Trump since his election win in November. Meta Platforms and Amazon have each donated $1 million to Trump's inaugural fund.
Hines will work with AI and crypto czar David Sacks on driving innovation in the digital asset sector.
Miran, a pro-bitcoin advocate, will advise Trump on a range of important economic policies.
The year’s five biggest U.S.-Mexico cross-border supply chain stories include projections that trade will top $800 billion and threats by President-elect Donald Trump to impose tariffs. The post Top 5 US-Mexico trade stories of 2024 appeared first on FreightWaves.
President-elect Donald Trump has made many investors bullish on the market, which has been on an incredible two-year run. Not surprisingly, billionaire investor Bill Ackman, a vocal Trump supporter, is all aboard this train. Ackman and his fund Pershing Square Holdings have delivered extraordinary gains over the last five years.
Unlike in 2017, Trump's company is not agreeing to a blanket stop on new foreign business transactions.
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media platform.
President Donald Trump this week signed an executive order to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?
Wall Street investors, spurred on by Trump's pro-business agenda, could be ignoring real risks posed by the president.
After ordering federal agencies to freeze vast swaths of government spending, the White House partially walked back its move. By evening, a federal judge had blocked the funding halt.
Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply from two of the United States' biggest suppliers. Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, kicking off a trade war that could dent global growth and reignite inflation.
When President Trump pushed ahead with a 10% tariff on all Chinese merchandise, he also closed the century-old de minimis exemption, which allows packages worth under $800 to be shipped into the country duty-free.
Ford CEO Jim Farley sounded off on President Trump’s tariff plans, but not in the way many expected.
Donald Trump's rapid reorientation of the US trade landscape continued apace on Monday as he signed an executive order to impose 25% duties on steel and aluminum regardless of the source country. They kick in March 4.
Wild volatility roils cryptocurrencies after Trump's presidential election win.
Two months ago, JPMorgan Chase CEO Jamie Dimon defended President Donald Trump’s tariff policy with a curt message: “Get over it.” But with stock markets lower and cracks appearing to form in the US economy, Dimon himself might not be over it.
Trump's sweeping import tariffs will be a massive tax hike on businesses and consumers and a return to the trade policies of the Great Depression.
Trump's sweeping import tariffs will be a massive tax hike on businesses and consumers and a return to the trade policies of the Great Depression.
President Trump on Wednesday laid out his long-awaited plans to slap reciprocal tariffs on countries around the world.
Traders took to the internet to lament their losses and speculated that investors were heading into a bear market.