To The Moon

Nvidia shares rise 2% in after-hours trading after Trump's announcementConcerns over AI chips aiding China's militaryTrump says same approach will apply to AMD, IntelThe U.S. government will allow...

Bessent says Americans may see tax savings instead. President Donald Trump gives brief remarks to members of the press after exiting Air Force One on Sunday at Joint Base Andrews, Md.President Donald Trump on Sunday floated the idea of payments of at least $2,000 to most Americans to show the benefits of his tariff policy.Further details were not revealed. The White House did not immediately respond to a request for comment.Last week, the U.S. Supreme Court appeared skeptical that Trump had the authority to impose so-called reciprocal tariffs under emergency powers. Trump has warned that overturning the tariffs would be a "disaster" for the U.S., and has said the tariff revenue would largely be used to pay off the national debt.Trump's raft of tariffs have already collected tens of billions of dollars. Trump has previously mentioned the possibility of sending stimulus checks from tariff revenue, proposing in October checks worth $1,000 to $2,000, and $600 rebate checks were floated in

WASHINGTON -- Republicans in Washington came away from the recent elections with a clear takeaway: focus on the high cost of living or risk big losses in next year's midterms.The president called Democrats' contention that affordability played a role in Tuesday's election a "con job," and he asked White House press secretary Karoline Leavitt to help him make his case to reporters in the room.White House officials said Trump is expected to step up his economic messaging in coming weeks. After Tuesday's election, the conservative activist and former Trump administration official Steve Bannon interviewed Bessent, who made the case that the economy will improve as Trump's policies are fully realized. "The house got burned down, and it takes a while to rebuild it," Bessent said on Bannon's podcast.

Cooler-than-expected inflation data and upbeat corporate earnings lifted all three major U.S. stock indexes to all-time closing highs on Friday, setting the stage for next week's earnings reports and...

UPDATE 1-US not rushing trade deals ahead of August deadline, will talk with China, Bessent saysAdds Bessent comments throughoutWASHINGTON, July 21 (Reuters) - The Trump administration is more concern