Trump Picks Billionaire Investor As Pentagon Deputy
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Trump's populist platform gives way to billionaires' agenda
Inside President Donald Trump’s MAGA movement, the populists and politicians are starting to take swings at the plutocrats — namely billionaire White House adviser Elon Musk.NBC News - 3d -
Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.The New York Times - 4m -
The Populist vs. the Billionaire: Bannon, Musk and the Battle Within MAGA
President Trump has made clear he wants to keep both men and their allies within his movement, but the tensions are growing.The New York Times - 2d -
Stocks Pare Losses After Trump’s Moves and Comments Rattled Investors
Weeks of selling culminated on Monday with the S&P 500’s worst day of the year. Markets were somewhat calmer on Tuesday but investors continue to puzzle over President Trump’s policies.The New York Times - 5h -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - 4d -
Judge to hear arguments on Pentagon's transgender service member ban
A group of service members are going to court to fight the Trump administration's new ban on transgender troops. CBS News senior national security correspondent Charlie D'Agata reports.CBS News - 2h -
Trump’s ‘chaotic’ policy approach is creating opportunity for investors
There could be “quite a shift in the world order,” says Mike Cudzil, a portfolio manager at Pimco.MarketWatch - 3d -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 6h -
Chinese investors privately take stakes in Musk’s companies
Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceXFinancial Times - 2d -
Ron Baron says he won’t sell a single personal Tesla share amid the EV play's big decline
Billionaire investor Ron Baron is standing by Elon Musk's Tesla amid its dramatic sell-off.CNBC - 3h -
Trump and the Fed Sound More Optimistic About the Economy Than Investors
Traders are selling stocks even as Jerome Powell and the White House convey confidence about markets.Inc. - 1d -
Stock market falls sharply as investors fret Trump policies
Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.CBS News - 1d -
Stephen Miller defends Trump on possible recession: Not our job to make 'prognostications'
White House deputy chief of staff Stephen Miller defended President Trump’s response to questions about a possible recession over the weekend and said it wasn’t the president’s job to forecast ...The Hill - 5h -
First-ever White House crypto summit leaves some investors unhappy
The White House hosted its first-ever “crypto summit” Friday, convening top executives from various digital asset firms to discuss the Trump administration’s commitment to rolling back the ...NBC News - 3d -
‘If you fall into the dialogue of the far right, the far right wins’: Spain’s deputy PM on the need for workers’ rights
Yolanda Díaz Pérez’s leftwing government has championed employment reform similar to Labour’s proposals – and she tells British business there is nothing to fear. Spain’s leftwing deputy prime ...The Guardian - 1d -
McConnell criticizes and votes no on Trump Labor pick
Former Senate Republican Leader Mitch McConnell (Ky.) was one of three Senate Republicans to vote Monday against former Rep. Lori Chavez-DeRemer (R-Ore.), President Trump’s nominee to head the ...The Hill - 20h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 4d -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - 1d -
Deadline arrives for Trump administration to make foreign aid payments
The Trump administration faced a judge's deadline of 6 p.m. EDT on Monday to repay millions in foreign aid funds. It's unclear at this point if it followed through with the order. Tom Dupree, ...CBS News - 19h -
Lara Trump: Americans should be 'kissing the feet of Elon Musk and Donald Trump'
Fox News host and former Republican National Committee co-Chair Lara Trump argued Americans should be thankful for the work billionaire Elon Musk is doing on behalf of President Trump to shrink the ...The Hill - 5h -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - 4d -
Bitcoin falls as much as 6.5% as volatility continues after Trump's bitcoin reserve plan
President Donald Trump's executive order to create a U.S. strategic bitcoin reserve disappointed investors.CNBC - 1d -
Pentagon to Look at Buying More Commercial Software
Secretary of Defense Pete Hegseth directed the DoD to prioritize alter its software acquisition process.Inc. - 3d -
In Wisconsin's Supreme Court race, both sides take aim at the other's billionaire backers
The Wisconsin Supreme Court contest is shaping up to be a battle of billionaires, with each side in the race casting the other’s most prominent donors as boogeymen.NBC News - 3d -
Investors are anxious about Trump’s tariffs. Here’s what financial advisers are telling them to do.
Uncertainty surrounding tariff policy has rattled markets, and volatility is the highest it’s been all year.MarketWatch - 1d -
Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
After three weeks of unrelenting declines, U.S. stocks slid into the market’s “danger zone” on Monday.MarketWatch - 20h -
'Volatility is part of the game': What financial advisors are telling investors about market turmoil
The Dow continued to fall on Tuesday after Trump announced higher tariffs. Here's what advisors are telling their clients.CNBC - 27m -
Trump says he's going to buy a Tesla as more Americans say they won't
After one of the worst single day sell-offs in Tesla’s history, President Donald Trump is throwing his support behind his advisor, billionaire Elon Musk, vowing to buy one of his carsABC News - 7h -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - 1d -
Trump pick for Washington US attorney made derogatory and racist comments
Revealed: rhetoric by interim US attorney for DC includes falsely claiming Kamala Harris ‘self-identified’ as Black. Donald Trump ’s appointee as interim US attorney for the District of Columbia ...The Guardian - 9h -
Rubio and Trump Officials Clash With Elon Musk in an Explosive Meeting
Simmering anger at the billionaire’s unchecked power spilled out in a remarkable Cabinet Room meeting. The president quickly moved to rein in Mr. Musk.The New York Times - 3d -
Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?
Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.The New York Times - 5d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 2d -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - 4h -
'SNL' cold open spoofs Rubio, Musk clash mediated by Trump
The recent “Saturday Night Live” cold open spoofed a reported clash between tech billionaire Elon Musk and Secretary of State Marco Rubio. In the sketch, James Austin Johnson’s President Trump is ...The Hill - 2d -
US taxpayers have shelled out tens of millions of dollars for Trump’s golf trips
The president, who derided Barack Obama for golfing while in office, even makes money off his Mar-a-Lago weekends. It has become a familiar routine for the Palm Beach county sheriff, Ric Bradshaw, ...The Guardian - 2d -
Trump rejects pleas from business for more clarity on tariffs
President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House for greater clarity about his sweeping tariff agenda.NBC News - 1d -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - 19h -
Wall Street hopes dim that a ‘Trump put’ will prop up sliding markets
The US president’s tolerance for tariff-induced stock slides may be higher than anticipated, investors sayFinancial Times - 15h -
Pentagon Cuts Threaten Programs That Secure Loose Nukes and Weapons of Mass Destruction
Documents obtained by WIRED show the US Department of Defense is considering cutting up to 75 percent of workers who stop the spread of chemical, biological, and nuclear weapons.Wired - 5d