Donald Trump is facing accusations of market manipulation after posting on social media that it was a “great time to buy” just hours before making a dramatic U-turn on his trade war policies, which led to major stock market gains around the world. Shortly after US markets opened on Wednesday morning, Trump wrote on Truth Social: “THIS IS A GREAT …
For days, Donald Trump and his team insisted they were committed to imposing wide-ranging “reciprocal” tariffs. They even dismissed reports suggesting a 90-day pause, which briefly boosted stock markets. Now, however, that pause is official—with some exceptions. The major shake-up to the global economy is delayed, and Trump’s promise of a manufacturing revival is postponed. The White House claims the …
The United States government has frozen more than $1 billion in federal funding for Cornell University and about $790 million for Northwestern University as part of an investigation into alleged civil rights violations, according to the White House. This move follows threats by the administration of former President Donald Trump to block federal funding for educational institutions over issues such …
Israeli Prime Minister Benjamin Netanyahu said today that Israel is working on a new agreement to release hostages held by Palestinian Hamas in the Gaza Strip. In a statement at the White House in the presence of US President Donald Trump, Netanyahu said: “We are currently working on another agreement which we hope will be crowned with success. And we …
The United States Supreme Court has ruled that President Donald Trump’s administration can continue deporting Venezuelan migrants under an 18th-century wartime law but ordered that they be given “reasonable time” to appear before a judge. In a 5-4 ruling on Monday, the U.S. top court overturned an order from a lower federal court that sought to temporarily block summary deportations …
A day before Donald Trump’s “reciprocal” tariffs are scheduled to take effect, the US president appears to be locked in a high-stakes game of chicken, with the global economy hanging in the balance. Some countries labeled “worst offenders” are scrambling to make amends with the White House in hopes of averting a potentially devastating outcome. China, however, is playing a …
Stocks on Wall Street are experiencing significant fluctuations, with sharp declines followed by brief recoveries, as the markets evaluate the potential repercussions of U.S. President Donald Trump’s global trade policies. The Dow Jones Industrial Average initially saw a loss of 1,700 points, then surged by over 800 points, only to revert to a decline of 414 points. Similarly, the S&P …
US President Donald Trump has defended his sweeping tariffs on imports that have sent shockwaves through global stock markets, stating that “sometimes you have to take medicine to fix something.” Speaking to reporters aboard Air Force One late on Sunday, Trump emphasized that jobs and investment would return to the US, making it “wealthy like never before.” Despite concerns about …
Texas Senator’s Remarks Highlight Republican Concerns Regarding ‘Reciprocal Tariffs’ and Stock Market Decline Ted Cruz, the U.S. Senator from Texas, has cautioned that his Republican colleagues may face a significant electoral setback in the 2026 midterm elections if Donald Trump’s “liberation day” tariffs lead to an economic downturn. Cruz expressed concern that if these tariffs remain in effect for an …
On Saturday, millions of people took part in protests across all 50 U.S. states and globally, organized by a pro-democracy movement in response to what they call a “hostile takeover” and attacks on American rights and freedoms by President Donald Trump and Elon Musk. Over 1,400 “Hands Off!” mass-action protests were held at state capitals, federal buildings, congressional offices, Social …
