Latest in Oil turns lower as traders assess Trump tariff threats, efforts to lower crude prices
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Trump's threat to world businesses on tariffs
President Trump's World Economic Forum address included a stern threat of tariffs for businesses that choose to make their products outside of the U.S. CBS News' Ed O'Keefe reports.CBS News - 2h -
Trump urges oil-exporting nations to slash prices
President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - 4h -
Trump Davos remarks target big banks, oil prices, European regulators
Trump has signed executive orders to withdraw the U.S. from the World Health Organization and the Paris climate agreement since he took office.CNBC - 4h -
Trump says he will 'demand' lower interest rates
Trump made a virtual address to the World Economic Forum in Davos, Switzerland.ABC News - 5h -
Trump calls on Opec to push down global oil prices
US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwardsFinancial Times - 5h -
Trump Keeps China Guessing on Tariff Threats
The president postponed what appeared to be a looming clash on trade and expressed a willingness to talk business, but he remains critical of Beijing.The Wall Street Journal - 20h -
Taking Trump’s Tariffs Threats Seriously and Literally
Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.The New York Times - 1d -
2-year Treasury yield ends lower after Trump’s ‘demand’ for lower interest rates
The 2-year Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve ...MarketWatch - 2h -
Oil at 2-week low as Trump’s efforts to lower crude prices imply a boost in output
Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil ...MarketWatch - 2h -
Trump's threat of tariffs reaches global leaders in Davos
President Trump addressed the World Economic Forum in Davos, Switzerland, and reiterated his quest to obtain tariffs from companies importing their goods into the U.S. CBS News' Nancy Cordes breaks ...CBS News - 4h -
Trump promised lower housing costs. Mortgage rates stand in the way.
The 30-year mortgage rate fell for the first time in six weeks, but remains elevated.MarketWatch - 5h -
Oil ends at a nearly 2-week low as traders weigh Trump tariff threats, energy policy
Oil futures ended Wednesday at their lowest in almost two weeks, with U.S. benchmark prices notching a fourth straight session decline as investors weighed the potential impact of President Donald ...MarketWatch - 1d -
Trump rolls back effort to lower Medicare, Medicaid drug costs
Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.MarketWatch - 1d -
Trump wants the feds to lower prices for Americans. Can he deliver?
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.CBS News - 1d -
Trump promised to lower gas prices — but his tariffs could help raise them instead
President Donald Trump’s “drill, baby, drill” pledge is well known, but drivers may end up paying more at the pump in the coming months despite his plans to lift U.S. oil production.MarketWatch - 1d -
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for ...The Hill - 2d -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - 2d -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - 2d -
Oil traders make big bets on Trump policies. The path for prices isn’t so clear.
The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.MarketWatch - 5d -
Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - 6d -
The swing voters who helped Trump win crave change — even if lowering prices proves challenging
The swing voters who helped President-elect Donald Trump return to the White House are feeling optimistic about the next four years, but they’ll be watching to see whether their desire for change ...NBC News - 6d -
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a ...MarketWatch - Jan. 16 -
Many Americans Doubt Trump’s Ability to Lower Prices in His First Year
A new poll shows only 20 percent of respondents have high confidence in the president-elect’s prospects for reducing the costs of groceries, housing, or health care in 2025.Inc. - Jan. 16 -
Just 2 in 10 confident Trump can lower costs in first year: Survey
Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...The Hill - Jan. 16 -
Pro poker player Dan Bilzerian lowers the price of lavish $20 million Las Vegas mansion where he flaunts his carefree lifestyle
Bilzerian’s home offers anything and everything one might need to host a truly unforgettable gathering.MarketWatch - Jan. 16 -
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...MarketWatch - Jan. 15 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
Oil ends lower after a 3-day rally lifted prices to their highest since August
Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...MarketWatch - Jan. 14 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Trump to urge Zelenskyy to lower Ukraine’s conscription age to 18
Incoming US president plans to speak with Russia’s Vladimir Putin within weeks, says new national security adviserFinancial Times - Jan. 12 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8 -
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...MarketWatch - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6