Latest in Defense stocks drop after Trump says Pentagon spending could be halved
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Defense stocks drop after Trump says Pentagon spending could be halved
Shares of Northrop Grumman and Lockheed Martin were under pressure after President Donald Trump raised the idea of large cuts to defense spending.CNBC - 5d -
Vance meets with Zelenskyy after demanding NATO allies boost defense spending
Vice President JD Vance is meeting with Ukrainian President Volodymyr Zelenskyy on Friday after Vance demanded that the NATO alliance step up defense spending. CBS News' Anna Noryskiewicz and ...CBS News - 4d -
European defense stocks hit record and government bond prices fall on bets of more military spending
Defense shares surge on expectations of higher NATO spending as Trump seeks deal with PutinMarketWatch - 1d -
Bonds issued by defense contractors are being snapped up, as stocks fall on talk of spending cuts
Bond spreads have tightened in recent weeks as stocks have slumped on fears that “DOGE” will target the Pentagon.MarketWatch - 6h -
Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.The New York Times - 5h -
The Pentagon needs a budget cut, not a spending spree
Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and fail to address wasteful programs and inefficiencies.The Hill - 6d -
Elon Musk’s ‘efficiency’ agency team at the Pentagon to meet defense staff
Trump had said defense bureau was high on list of world’s richest man’s federal budget and personnel slashing team. Members of Elon Musk’s “department of government efficiency” arrived at the ...The Guardian - 3d -
How Trump’s trade wars could backfire on U.S. stock and bond investors
In Trump’s first term, American businesses cut investment spending and industrial production slowed.MarketWatch - 3d -
Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no
Philadelphia Super Bowl and World Series wins have historically coincided with stock market calamity. But these types of "fun" indicators aren't reliable.CNBC - Feb. 8 -
HIV infections could jump over 6 times if US support is dropped, UNAIDS chief says
The head of the U.N. AIDS agency says the number of new HIV infections could jump more than six times by 2029 if American support of the biggest AIDS program is droppedABC News - Feb. 10 -
Trump says Nippon Steel has dropped plan to buy US Steel
US president warns he could hit Japan with tariffs after vowing to place levies on imports from Canada and MexicoFinancial Times - Feb. 7 -
Trump says Nippon will "invest heavily" in U.S. Steel and drop ownership bid
President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.CBS News - Feb. 7 -
European stocks rise after Trump signals Ukraine peace talks
Gas prices fall as traders look to possible end of three-year warFinancial Times - 5d -
Medtronic’s stock drops on inventory hiccup and revenue miss
Medtronic said it is “starting to see the results” of its investment in new products.MarketWatch - 7h -
Trump’s tariffs could make international stocks more attractive than U.S. investments. Here’s why.
U.S. investors are looking abroad in pursuit of higher stock-market returns.MarketWatch - 6d -
Al Qaeda-linked group member killed in US airstrike, Pentagon says
A member of a group linked to al Qaeda has been killed in a U.S. airstrike, U.S. Central Command (CENTCOM) said in a post on the social platform X. “On Feb. 15, U.S. Central Command (CENTCOM) ...The Hill - 8h -
UBS’s stock got clobbered after earnings. Deutsche Bank says it’s now a buy.
UBS’s stock is now worth buying, after tumbling following the Swiss banking giant’s fourth-quarter earnings report, Deutsche Bank analysts say.MarketWatch - Feb. 11 -
Trump reciprocal tariffs could come by Thursday, White House says
President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said.CNBC - 6d -
Pres. Trump gives Elon Musk and DOGE permission to look at Pentagon
President Donald Trump continues his efforts to reduce the size of the federal government, including the Pentagon, with the help of Elon Musk and his DOGE commission. NBC News Correspondents Kelly ...NBC News - Feb. 7 -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - Feb. 9 -
Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - Feb. 10 -
Pentagon schools suspend library books for ‘compliance review’ under Trump orders
Revealed: defense department sends memo that it’s reviewing for books ‘related to gender … or discriminatory equity ideology topics’. Tens of thousands of American children studying in Pentagon ...The Guardian - 5d -
Small-Business Optimism Just Dropped After Trump’s Rapid-Fire Policy Changes
New NFIB survey data shows uncertainty on the rise among small-business owners.Inc. - 5d -
Stock market suffers weekly loss after Trump tariff jitters strike again
The U.S. stock market slumped Friday, with the S&P 500 giving up its weekly gain after investors fretted over reciprocal tariffs planned by President Donald Trump.MarketWatch - Feb. 7 -
Is Intel now a Trump stock? Its shares surge after upbeat comments by J.D. Vance.
Shares of Intel Corp. were surging on Tuesday after Vice President J.D. Vance made bullish comments about semiconductor manufacturing in the U.S. at an artificial-intelligence summit in Paris.MarketWatch - Feb. 11 -
Bank stocks set to do 'pretty well' under Trump 2.0, investor says, naming his favorites
Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.CNBC - Feb. 11 -
Stock-market rally says Trump tariffs more ‘bark than bite.’ Investors beware.
Who’s afraid of a global trade war? Not Wall Street, apparently.MarketWatch - 5d -
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”MarketWatch - 6d -
Vance to meet Zelenskyy amid push for NATO allies to step up defense spending
Vance is to meet with Zelenskyy amid concerns over U.S.-Russia talks to end the war in Ukraine.CBS News - 4d -
Vance doubles down on demand for NATO to boost defense spending, Hegseth defends Ukraine comments
Both Vice President JD Vance and Defense Secretary Pete Hegseth are in Europe amid President Trump's announcement of potential U.S. negotiations with Russia to end the war in Ukraine. CBS News ...CBS News - 4d -
Trump’s W.H.O. Exit Throws Smallpox Defenses Into Upheaval
Health experts see his retreat from international cooperation as disrupting the safe-keepers of one of the world’s deadliest pathogens.The New York Times - 6d -
Officials Resigned After Refusing to Drop Adams Case
Also, a look inside the Murdoch family succession saga. Here’s the latest at the end of Thursday.The New York Times - 5d -
Lawmakers worry China could take over after Trump pauses foreign aid
Lawmakers from both political parties invoked China as a potential winner in international development as the U.S. reviews its foreign assistance programs.ABC News - 4d -
Republicans Love Trump’s Spending Cuts. Just Not in Their States.
Even as they praise the president’s unilateral actions to slash federal spending, G.O.P. lawmakers have quietly moved to seek carve outs or exemptions for their own constituents.The New York Times - 6d -
Trump says Canada joining US 'would be greatest thing they could ever do'
President Trump on Sunday argued that if Canada were to join the United States, it would be the greatest thing the neighbors to the north could do. “I love the people of Canada. We have a great ...The Hill - Feb. 9 -
Trump says he could withhold aid from Jordan and Egypt if they reject his Gaza plan
It comes as Jordan's King Abdullah visited the White House on Tuesday.ABC News - Feb. 11 -
Coca-Cola says Trump tariffs could force it to increase use of plastic in US
Introduction of 25% tariffs on steel and aluminium imports could push up canned food and drink prices. Coca-Cola has said it may have to increase its use of plastic in the US if Donald Trump’s ...The Guardian - 6d -
Trump metal tariffs could slow data center growth and disrupt power grid, analyst says
Demand for transformers, a key component in the electric, has exploded as infrastructure ages and power demand rises.CNBC - 5d -
Trump says US prices ‘could go up’ as he threatens new tariffs on trade partners
President says US will impose ‘reciprocal’ duties but no new specific tariffs are announced. US politics live – latest updates Donald Trump threatened to ramp up his economic assault on some ...The Guardian - 5d -
Russia's Putin could be NATO's 'Man of the Year' as he's strengthened the alliance, Trump ally says
Russian President Vladimir Putin has done more to strengthen and unite NATO that member states, U.S. Senator Lindsey Graham told the Munich Security Conference.CNBC - 3d