archivePresident Trump

Oil prices tumbled more than 2% on Monday over expectations of a supply boost from OPEC+, while trade war-sparked demand worries linger. West Texas Intermediate (CL=F) futures fell more than on Wednesday to trade near $57 a barrel, while Brent crude (BZ=F), the international benchmark, also dropped to near $60 per barrel. Prices declined after members of the Organization of Petroleum Exporting Countries on Saturday agreed to boost production levels next month by the same increase as in May. Wall Street anticipates the cartel will likely raise output in July...

US stock futures climbed after a day of Wall Street digesting earnings reports from Apple (AAPL) and Amazon (AMZN) that came with warnings of economic headwinds ahead. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) climbed 0.7%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) ascended 0.5%. Apple earnings beat Wall Street expectations on Thursday, but shares fell as the tech giant reported disappointing sales in China and warned of a $900 million hit from President Trump's tariffs. Read more: The latest on...

US stock futures dipped as Wall Street digested earnings reports from Apple (AAPL) and Amazon (AMZN) that came with warnings of economic headwinds ahead. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) slumped 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. CBOT - Delayed Quote • USD As of 7:36:31 PM EDT. Market Open. YM=F ES=F NQ=F Apple earnings beat Wall Street expectations on Thursday, but shares fell as the tech giant reported disappointing sales in...

The latest reading of the Fed's preferred inflation gauge showed inflation eased in March as investors brace for an uptick in pricing pressures following the implementation of President Trump's tariff agenda. The core Personal Consumption Expenditures (PCE) index, which strips out the cost of food and energy and is closely watched by the Federal Reserve, came in flat over the prior month, above expectations of a 0.1% increase and slower than the revised 0.5% increase seen in February. Core PCE was up 2.6% over the prior year in March, in...

An update on gross domestic product (GDP) showed a sharp drop in growth with the US economy contracting at an annual rate of 0.3% in the first quarter, according to an advanced estimate released by the US Bureau of Economic Analysis on Wednesday. It was the first negative reading in three years. Economists had expected a drop to 0.1% growth. In the fourth quarter of 2024, real GDP increased 2.4%. The decrease primarily reflected an increase in imports as Trump's tariff push rattled confidence and businesses rushed to stockpile. Along...

WASHINGTON (TNND) — 100 days in office and $5 + trillion in investments. The White House released a statement Tuesday touting President Trump for securing trillions in new U.S.-based investments, setting the stage for a new age of American prosperity. "President Trump is America's businessman and chief, and that's why these trillions of dollars in investments are flooding to our country," said White House Press Secretary Karoline Leavitt.Jared Pincin, an economics professor at Cedarville University, told us that, from manufacturing to artificial intelligence, dozens of companies like Apple, Eli Lilly,...

US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...

US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...

Home prices rose again in February as limited supply continued to prop up the market amid high mortgage rates and affordability challenges. The S&P CoreLogic Case-Shiller National Home Price Index rose 0.3% over the prior month in February on a seasonally adjusted basis, easing from the 0.5% monthly gain recorded in January. On an annual basis, prices nationally increased 3.9%, less than the 4.1% seen in January. The index tracking home prices in the 20 largest US cities rose 0.4% in February from January, matching the monthly Bloomberg consensus estimate....

Four times a year, US companies give away more information about their business than they'd like. For investors, this quarterly ritual is a chance to get an update on the state of America's largest companies, the overall economy, and get a certain outline of where things are headed next. But the earnings period is starting to look like it might fall way short of meeting these marks. For one thing, companies are pulling guidance left and right because of uncertainty related to Trump's tariffs. American Airlines (AAL) is just the...