Latest in Trump Davos remarks target big banks, oil prices, European regulators
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At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott
These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...The Guardian - Jan. 16 -
The GOP Rivalry That Could Spell Big Trouble for Trump
With Donald Trump's agenda at stake, the top Republican leaders are divided on fundamental questions of strategy.Politico - 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 -
Big oil pushed to kill bill that would have made them pay for wildfire disasters
Legislation has new life in wake of Los Angeles catastrophe but US fossil-fuel industry is already mobilizing against it. In the year preceding the devastating Los Angeles county wildfires, big oil ...The Guardian - Jan. 15 -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - Jan. 15 -
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 -
Axos Financial: how the US bank became one of Trump’s biggest backers
The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey. As the dust started to settle after the deadly 6 January Capitol attack in 2021, ...The Guardian - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
New Yorkers Have Little Data but Big Feelings About Congestion Pricing
Manhattan commuters are already marveling at what appears to be less traffic — and grousing about the new $9 tolls.The New York Times - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Los Angeles is on fire and big oil are the arsonists | Tzeporah Berman
Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe. Apocalyptic flames and smoke are raging through southern California in ...The Guardian - Jan. 11 -
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 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
Israeli settlers in West Bank see Trump win as chance to go further
Israeli settlers in the occupied West Bank see opportunity in Trump's election, but Palestinians are concerned.BBC News - Jan. 10 -
Italy's Giorgia Meloni: Trump's Greenland remarks 'a message to some other big global players'
Italian Prime Minister Giorgia Meloni on Thursday said she doesn’t believe President-elect Trump has a plan to purchase Greenland or acquire it through military force. “I think we can exclude that ...The Hill - Jan. 9 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
Canadian official on Trump 51st state remarks: 'The joke is over'
Canadian official Dominic LeBlanc criticized President-elect Trump’s “51st state” remarks Wednesday, saying they were no longer funny. “The joke is over,” said LeBlanc, Canada’s finance and ...The Hill - Jan. 9 -
Italy's Meloni hopes to attend Trump inauguration; downplays Greenland remarks
Premier Giorgia Meloni says she doesn't believe President-elect Donald Trump actually intends to use military force to seize control of Greenland or the Panama CanalABC News - Jan. 9 -
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.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 -
Biden Says He’s Considering Pre-emptive Pardons For Trump’s Potential Targets
The president hasn’t yet decided what he will do, he said, acknowledging that the makeup of Trump’s new administration could influence his decision.The New York Times - Jan. 8 -
France says EU won't tolerate attack on borders after Trump Greenland takeover remarks
French Foreign Minister Jean-Noël Barrot says the European Union (EU) will stand firm in its alliance in the face of repeated comments from President-elect Trump about the U.S. acquiring Greenland ...The Hill - Jan. 8 -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - Jan. 8 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
Watch live: Trump delivers first remarks as certified election winner
President-elect Trump is set to give remarks Tuesday morning focused on his economic agenda from his Mar-a-Lago resort in Florida. The speech marks his first public comments since Congress ...The Hill - Jan. 7 -
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West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - Jan. 6 -
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Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
New Orleans Democrat criticizes Trump, Johnson over attack remarks: 'This is a time that we should be united'
Rep. Troy Carter (D-La.) criticized President-elect Trump and Speaker Mike Johnson (R-La.) for their remarks in the aftermath of the deadly New Orleans truck attack, saying “this is time that we ...The Hill - Jan. 3 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Jim Gaffigan defends anti-Trump remarks even if 'true die-hard' MAGA 'never forgive me'
Comedian Jim Gaffigan defended his comments criticizing President-elect Trump, noting that he doesn't regret them even if “true die-hard” MAGA fans can never forgive him. Gaffigan, famously a ...The Hill - Jan. 2 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1