Thursday, May 29, 2025

Tag: trump

Jerome Powell Pushes Back on Trump’s University Policies in Fiery Commencement Address

Powell emphasizes the importance of democracy in a commencement speech, opposing Trump's university policies amid ongoing tensions.

Musk Reveals Starlink Expansion, Cybercab Plans During Saudi Visit

Elon Musk secured Starlink's market access in Saudi Arabia during Trump's visit, amidst scrutiny over potential conflicts of interest.

Trump’s Ultimatum to Iran Fuels Global Oil Price Surge

Oil prices surged 2.6% amid Trump's ultimatum to Iran, marking four days of increases and highest prices since April.

No More Deals: U.S. Threatens to Cut Off Nations Buying Iranian Oil

Trump imposes new sanctions on Iran's oil sector, warning buyers of severe penalties, causing a spike in global oil prices.

U.S. Draws a Harder Line on Iran—Oil Traders React Fast

Oil prices surged after Trump announced sanctions on Iran's oil industry, raising concerns over potential market shortages.

Crude Slips After Trump Criticism of Fed Sparks Market Turmoil

Oil prices plummet as Trump's criticism of Fed Chair Powell triggers market turmoil; gold hits record high amid safe-haven demand.

Trump Pushes for Immediate Russia-Ukraine Ceasefire, Highlights Potential ‘Economic Gains’

Trump hopes for a Russia-Ukraine ceasefire this week, linking it to future prosperity for both nations and the U.S.

Wall Street Climbs for Second Day—Dow Up 312 Points, VIX Drops 17%

The New York stock market rises as Trump delays tariffs, easing investor anxiety, though mixed results emerge among major tech firms.

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Oil Prices Explode as Trump Hits Pause on Tariffs—WTI Rockets 4.6%

Oil prices surged after Trump announced a 90-day suspension of tariffs, reversing a four-day decline in the market.

Trump Hits Pause, Markets Explode: Nasdaq Soars 12%, Tesla Rockets 23%

U.S. stock markets surged after Trump suspended tariffs for 75 countries, boosting tech stocks like Tesla and Nvidia significantly.

Oil Sinks 18% Over Four Straight Days as Tariff Tensions Escalate

Oil prices fell sharply due to Trump's new tariffs on China, raising fears of a global economic slowdown. Brent crude dropped 2.16%.