US President Donald Trump on Thursday accused the leaders of Bank of America and JPMorgan Chase of denying banking services to conservatives. Speaking via video link at the World Economic Forum in Davos, Switzerland, Trump addressed an audience of global corporate leaders and criticized the banks, suggesting they were sidelining…
US President Donald Trump on Thursday said he will pressure Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to decrease oil prices. Trump was addressing OPEC and other world leaders gathered in Davos on Thursday. He urged Gulf nations to lower oil prices, stating that this could…
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices during his virtual address to the World Economic Forum. Investors cheered the prospect of pro-growth policies and economic resilience, sending the Dow Jones Industrial Average…
Republican Representative Andy Ogles of Tennessee has introduced a resolution to amend the US Constitution, aiming to allow President Donald Trump—and future presidents—to seek a third term in office. The proposed amendment would revise the 22nd Amendment, which currently limits individuals to two terms as president. “President Trump has demonstrated…
On Thursday, President Donald Trump signed an executive action that addresses key promises he made to the cryptocurrency industry during his 2024 campaign. “The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our nation’s international leadership,” the order said.…
In the days leading up to the Lunar New Year holiday, exporters in Shenzhen faced a logistical challenge as they raced to load and ship their cargo from Yantian Port, one of the world’s busiest container terminals. The impending eight-day holiday break threatened to significantly disrupt supply chains and delay…
US President Donald Trump delivered a virtual address at the World Economic Forum on Thursday, held in Davos, Switzerland. He discussed with prominent business leaders, including Bank of America CEO Brian Moynihan and Blackstone Group CEO Stephen Schwarzman. Here’s what he said in his address. Trump vows to ‘demand immediate…
American Airlines Group Inc (NYSE: AAL) opened in the red this morning after warning of up to 40 cents a share of loss for its first financial quarter – significantly wider than the 4 cents only that analysts had forecast. Still, chief executive Robert Isom took an immensely positive stance…
The 2025 Oscar nominations have been unveiled, showcasing a year of remarkable cinematic achievements. Despite initial delays caused by the devastating wildfires in Los Angeles, the Academy of Motion Picture Arts and Sciences proceeded with the announcement on January 23. Leading the pack with 13 nominations is Emilia Pérez, including…
Fixed-income investments look more attractive than they have in years, according to Rick Wurster – the chief executive of Charles Schwab Corporation (NYSE: SCHW). The financial landscape has changed drastically following years of near-zero interest rates that pushed investors into bailing on government bonds. Following rate hikes from global central…