archiveDonald Trump

US Stock Market Live: Futures on Wall Street are trading with gains indicating a positive start for Wall Street on the final trading day of the week. The Dow futures are up 150 points, while the S&P 500 and Nasdaq futures are up 15 points and 50 points respectively. Stocks had received a boost on Thursday as bond yields fell in anticipation of more rate cuts from the US Federal Reserve, after some disappointing macro data. Watch this space for all live updates.US Stock Market Live: Futures on Wall Street...

Daedo Kim and Jaehyun Eom  |  BloombergThe dollar erased this week’s gains on fresh speculation President Donald Trump favors a weaker greenback and will prod other governments to let their currencies rise in return for trade deals with the US.The US currency extended an earlier decline on Wednesday after a Bloomberg News report that South Korea and US officials discussed exchange rate policies at a May 5 meeting in Milan and will continue to do so.The won rose nearly 2% and the Japanese yen also climbed, helping to push the...

US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva, Switzerland. The Dow futures are up 440 points, while the S&P 500 and Nasdaq futures are up 70 points and 280 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump...

US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva, Switzerland. The Dow futures are up 440 points, while the S&P 500 and Nasdaq futures are up 70 points and 280 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump...

WASHINGTON — President Trump will be focused on obtaining investments for the US when he travels to Saudi Arabia, Qatar and United Arab Emirates during his Middle East trip next week, White House Chief of Staff Susie Wiles told The Post. “The relationships are very established,” Wiles said about Trump’s longstanding ties with the respective world leaders. “It’s almost entirely about business deals and investment in the United States by all three countries,” she added during the April 29 interview. “It’s across the board investments, and they’re very substantial.” Trump...

Donald Trump’s trade war has already sparked a crisis of confidence in the US - Jim Lo Scalzo/EPA-EFE/Shutterstock Donald Trump has branded it the “big beautiful bill” that will save millions of jobs and boost Americans’ take-home pay by up to $5,000 (£3,700) a year. However, while recent focus has been on the market ructions caused by the trade war, the US president’s package of sweeping tax cuts will arguably be a bigger test of investors’ faith in the world’s biggest economy. Congress remains deeply divided over not only the...

FBI opens investigation into NY Attorney General Letitia JamesThe Department of Justice opened an investigation into New York Attorney General Letitia James, multiple news outlets reported.WASHINGTON — The Department of Justice has opened up an investigation into New York Attorney General Letitia James over real estate transactions, multiple news outlets reported.The FBI investigation is tied to loans and property purchases in New York City and Virginia, the Albany Times Union, Guardian and Washington Post reported on May 8.President Donald Trump has frequently attacked James since she won a $454 million...

Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged more than 5% in a single day, recording its biggest jump since 1988. At the same time, Asian banks, exporters, and sovereign funds are increasingly trying to bypass the US dollar in their transactions. It’s not a full-blown crisis, yet, but the message is clear: confidence in the US dollar is slipping, and capital is moving.What used to be a slow drift is now turning into something larger. A big paradigm shift is...

Since returning to the White House, President Donald Trump has touted corporate and foreign U.S. investment announcements as proof he is ushering in "the golden age of America." On Jan. 21, Trump said that before he’d finished the "first full business day" of his second term, the U.S. had "already secured nearly $3 trillion of new investments."  On April 2, he said, "It looks like we’re going to have about $6 trillion of investments." Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment total was...

By Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE (Reuters) -A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S. dollar-denominated assets and demand for hedging grows amid trade tariff uncertainties, bankers and analysts say. The rally in the currencies since last week, starting with the Taiwan dollar and spreading outwards to those of China, Hong Kong, Malaysia, Singapore and South Korea, sounds a warning for the greenback, and is seen as an "Asian crisis in reverse"....