Author: Daniel snow

Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped up his time in government service after four turbulent months leading the so-called Department of Government Efficiency (DOGE).”This will be his last day, but not really, because he will, always, be with us, helping all the way,” Trump wrote Thursday on Truth Social, adding, “Elon is terrific!”Still, Musk said Sunday that while he has been a…

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US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump’s top economic advisers maintained confidence on Sunday that the “tariffs are not going away,” as a key tenet of Trump’s policy agenda hangs in legal limbo.”Rest assured, tariffs are not going away,” Commerce Secretary Howard Lutnick said on “Fox News Sunday,” days after a federal court ruled that Trump overstepped his authority when he imposed the sweeping duties.A federal appeals court later granted the Trump administration’s request to temporarily pause the ruling, giving the White House…

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White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | ReutersNational Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week.Hassett said, however, that a specific date for a conversation between the two leaders has not been set.”President Trump, we expect, is going to have a wonderful conversation about the trade negotiations this week with President Xi, that’s our expectation,” Hassett said on ABC News’ “This Week.”He followed…

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President Donald Trump ‘s tariff saga continues to add new twists and turns. In the week ahead, Wall Street should be braced for more of the same. These days, tariffs are just a fact of life for investors. And they defined the market again last week. Another fact that is increasingly harder to ignore: The market is showing the capacity to move on things other than just trade headlines. That was on display last week with Nvidia ‘s earnings providing a lift to the artificial intelligence cohort. Sure, when push comes to shove, the economic impact of Trump’s tariffs will…

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