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Trump unveils $700M coal support plan using emergency powers
President Donald Trump uses the Defense Production Act to allocate nearly $700 million for U.S. coal plant upgrades and export terminal construction.
Trump administration proposes 25% tariff to punish Brazil over trade practices
The Trump administration proposes a 25% tariff on many Brazilian imports citing unfair trade practices, excluding key products like beef and coffee.
Rising exports lower US goods trade deficit in April
The US goods trade deficit narrowed in april as exports rose 4%, offsetting import gains amid ongoing middle east tensions and ai investment.
Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives
Kevin Warsh was sworn in as Fed chair facing high inflation and debate over interest rate policy amid economic shocks and AI-driven changes.
US mortgage rates rise to 6.56%, MBA says
The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.
Oil prices slump after Trump comments while analysts point to supply crunch
Oil prices dropped over 2% after President Donald Trump's comments on Iran peace talks, while analysts warn of ongoing supply disruptions in the Middle East.
Oil prices fall as Trump pauses Iran attack plans
Oil prices dropped after U.S. President Donald Trump paused planned attacks on Iran to allow for negotiations, easing Middle East conflict concerns.
Oil prices up 2% as Trump and Iran’s comments dent peace hopes
Oil prices rose about 2% after comments from U.S. President Donald Trump and Iran's foreign minister reduced hopes for peace around the Strait of Hormuz.
US producer prices surprise with largest increase in four years
U.S. producer prices surged 1.4% in April, marking the largest increase in four years amid rising inflation and energy costs linked to geopolitical tensions.
S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
The S&P 500 and Nasdaq closed lower amid hotter inflation data and rising U.S.-Iran conflict tensions, impacting investor sentiment near earnings season end.
Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday
Kevin Warsh confirmed by the U.S. Senate to a 14-year term as Federal Reserve governor, advancing toward Fed chair amid political pressures on the central bank.
FDA commissioner Makary is resigning, sources say
FDA commissioner Marty Makary plans to resign amid pressure from Republicans and White House clashes, marking a leadership change at the federal health agency.
