To The Moon

The first nearly 100 days of President Trump’s term have played out far differently than those of any other recent administration—including his own eight years ago. Here’s a glimpse by the numbers as

Hong Kong stocks fell for the first time in four days on Thursday, as sentiment deteriorated after the US Treasury Secretary said that the White House had not offered to cut tariffs unilaterally.The H

BEIJING, April 24 (Reuters) - China called for all "unilateral" U.S. tariffs to be cancelled on Thur

WASHINGTON -- President Trump has met his biggest opponent -- and it's the stock market.Since returning to Washington three months ago, Trump has toppled federal agencies, consolidated executive power, challenged global alliances and reconfigured America's economic relationships around the globe. His moves have been met with protests, court challenges, dipping poll numbers and political opposition.Yet so far, the only force that has reliably prompted him to back down is Wall Street.In recent weeks, Trump has softened his economic and trade stances following periods of market turmoil. Early this month, he imposed a 90-day pause on many of the tariffs he had put in place just days earlier, as the stock market cratered and a selloff of U.S. bonds rattled investors. This week, he softened his tone on China after ratcheting up tariffs on imports from the country to 145%. And he ruled out -- for now -- attempting to fire Federal Reserve Chair Jerome Powell after his public musings about term

Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald Trump this week eased off on two of his frequent punching bags: Jerome Powell and China.Trump

President Donald Trump said he plans to be “very nice” to China in any trade talks, his most positive comments yet since the trade war heated up.“We’re going to be very nice and they’re going to be very nice, and we’ll see what happens,” Trump said Tuesday in Washington, adding that “ultimately they have to make a deal because otherwise they’re not going to be able to deal in the US.”He added that he didn’t see the need to say he’d “play hardball” with Chinese leader Xi Jinping.Beijing indicated

Ban on sales of H20 chips calls into question company’s ability to continually beat Wall Street’s lofty expectations.

'What we are going through now is worse than when former President Nixon took us off the gold standard in August 1971,' strategist says. The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart and its ongoing year-to-date slide is pointing to a much bigger problem for all U.S. assets."What we are going through now is worse than when former President Nixon took us off the gold standard in August 1971," said Marc Chandler, the New York-based chief market strategist for Bannockburn Global Forex. "The biggest damage right now is to the U.S. brand," he said, likening the harm done by tariff-driven volatility to the Coca-Cola Co.'s 1985 move toward "New Coke," a reformulated version of its famous drink, which led to consumer backlash.As of afternoon trading in New York, the ICE U.S. Dollar Index DXY, a measure of the U.S. currency against a basket of