Tag: Donald J. Trump
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Trump floats renaming Strait of Hormuz the ‘Trump Strait’
U.S. Energy Secretary Chris Wright told CNBC that more than 17 million barrels of oil transited the strait on Monday, a new wartime record.
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Trump to meet with travel industry CEOs as White House touts World Cup tourism boost
Trump’s meeting with travel executives comes after a World Cup that showcased his unusually close relationship with FIFA President Gianni Infantino.
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Bank of Canada mulls Trump tariff shock as it readies interest rates decision
The U.S.-Canada trade dispute and the descent into a retaliatory tariff blitz have complicated the job for the Bank of Canada ahead of its Wednesday decision.
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CNBC Daily Open: Markets trapped in Iran doom loop
A flare-up in attacks between the U.S. and Iran sends global equities into the red, oil sharply higher and bond yields back to pre-intervention highs.
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CNBC Daily Open: Groundhog Day in the Gulf
U.S.-Iran’s latest strikes sent oil and bond yields surging, pushed the Fed toward a hike instead of a cut, and drew Putin to publicly support Tehran.
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Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell sees AI server revenue tripling in fiscal 2027. Six months ago, it was looking for the number to double.
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Penn. Gov. Shapiro says too many data center developers ‘don’t care about our communities’
A Gallup survey released in May found that “seven in 10 Americans oppose constructing data centers for artificial intelligence in their local area.”
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Bessent touts bond market as 10-year Treasury yield spikes
Treasury Secretary Scott Bessent downplayed short-term bond moves even as he touted the U.S. market, saying, “what happens over a month doesn’t matter.”
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U.S. strikes Iran after new Hormuz Strait shipping attacks: Centcom
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday after recent attacks on
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Canada’s Carney slaps Trump admin for ‘doing memes … throwing shade’
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu Canadian Prime Minister Mark Carney on Tuesday blasted the Trump administration for “doing memes” and “throwing shade” against his nation
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