April 2, 2025 No Comments Markets
Various international reports have said that the White House is seriously considering Iran’s proposal for indirect nuclear talks, however, on Tuesday the US slapped more sanctions on the Islamic Republic as part of the Trump’s restored ‘maximum pressure’ campaign. The Treasury Department in this latest move sanctioned several entities based in Iran, the UAE, and China – […]
April 2, 2025 No Comments Markets
Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Federal Aviation Administration (FAA) is implementing a data privacy policy that allows people with private jets to hide travel information from the public. Private jets are seen on the tarmac at Friedman Memorial Airport ahead of the Allen & Company Sun Valley Conference in […]
April 2, 2025 No Comments Markets
Update (1328ET): By late lunch, a report from The New York Times specified that Amazon had submitted a last-minute bid to acquire all of TikTok from its parent company, ByteDance, ahead of the April 5 deadline. In a separate report, CNBC’s David Faber indicated that a TikTok deal could be announced today. These two developments come […]
April 2, 2025 No Comments Markets
Authored by Katabella Roberts via The Epoch Times (emphasis ours), A federal judge on April 1 indefinitely blocked President Donald Trump’s administration from quickly firing thousands of probationary federal workers in 19 states and Washington, narrowing a nationwide order issued last month. Protesters hold signs at a rally in support of federal workers at the […]
April 2, 2025 No Comments Markets
Update (1305ET): Aaand here’s the denial. White House spokeswoman Karoline Leavitt has called Politico‘s scoop “garbage,” adding “lon Musk and President Trump have both *publicly* stated that Elon will depart from public service as a special government employee when his incredible work at DOGE is complete.” This “scoop” is garbage. Elon Musk and President Trump […]
April 2, 2025 No Comments Markets
Authored by Peter Tchir via Academy Securities, Apparently today at 4:00 pm we will learn the details of this wave of tariffs. Treasury Secretary said yesterday that this will represent a “cap” on tariffs and basically the starting point of negotiations from here (we will see if that messaging sticks). What I think we know: […]
April 2, 2025 No Comments Markets
Shares of Tesla rose on Wednesday following an anonymously sourced Politico report (keeping in mind Musk just yanked millions in government ‘subscriptions’ from them) that President Trump has told his inner circle that Musk would be stepping back from his advisory role in the coming weeks. Musk, who Politico describes as “governing partner, ubiquitous cheerleader […]
April 2, 2025 No Comments Markets
Earlier this week the Kremlin said it has given the Trump White House formal notification and evidence showing that Ukraine has continued attacking Russian energy sites, despite the US-backed agreement for each side to refrain from hitting this infrastructure. On Wednesday Putin spokesman Dmitry Peskov said that so far there’s been no response from the Trump […]
April 2, 2025 No Comments Markets
Authored by Emel Akan and Andrew Moran via The Epoch Times, President Donald Trump is set to announce reciprocal tariffs for all nations starting April 2, the date he has dubbed “Liberation Day.” Companies, markets, and governments are on edge, expecting the move to send shockwaves across the globe. Liberation Day will impact all countries, […]
April 2, 2025 No Comments Markets
Hours before President Trump is set to announce reciprocal tariffs—threatening to unleash a global trade war on what he has called “Liberation Day”—the Chinese Communist Party is already preparing a financial counteroffensive. Bloomberg cites people familiar with the matter who say Beijing plans to restrict local companies from investing in the United States. This move would […]