County Palm Beach Financial News

Subscribe to enjoy similar stories. Scott Bessent spent the past 40 years studying economic history. Now, as Donald Trump’s choice to lead the Treasury Department, he has the chance to make his mark on it.

US stock market has started witnessing a chaos. President Donald Trump's big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6 per cent on Friday, the Dow Jones Industrial Average plunged 5.5 per cent and the Nasdaq composite dropped 5.8 per cent. Wall Street went into free fall, following similar collapses in Asia and Europe. For a second straight day, markets plunged, wiping vast sums off investment and retirement portfolios alike. US Federal Reserve Chairman Jerome Powell warned the tariffs were likely to spur «higher inflation and lower growth», as per an AFP report. Losses in US financial markets were estimated at more than $6 trillion since Trump unveiled his «Liberation Day» tariffs. Trump, who unveiled his barrage of import duties against dozens of countries Wednesday, was unrepentant, posting that «my policies will never change,» AFP reported. «This is a great time to get rich,» he wrote.

Donald Trump arrived in Miami for a weekend of golf and appearances. Even though Marine One experienced an unanticipated delay when it appeared that it had two flat tyres at Miami International Airport, President Trump arrived at his Doral golf resort Thursday afternoon for a LIV Golf event, as quoted in a report by CBS News. President Trump planned a weekend of speeches and golf, including time at Mar-a-Lago. Local officials warned drivers about traffic delays near the resort. ALSO READ: White House grounds off-limits as anti-Trump protests loom, forcing postponement of iconic garden tours

White House is being pushed back by one day. With a major anti-Trump rally expected to draw thousands to D.C. on Saturday, officials have postponed the garden tours that were scheduled for that day, citing safety and crowd concerns around the White House.

Stock markets in the Asia-Pacific region fell for a second day, hot on the heels of the US S&P 500, which had its worst day since Covid crashed the economy in 2020. Nike, Apple and Target were among big consumer names worst hit, all of them sinking by more than 9%. ALSO READ: An article on Warren Buffett acquiring Elon Musk's Tesla for $1 trillion caused huge confusion online. Here's why

President Donald Trump has commuted the sentence of Carlos Watson, the co-founder of Ozy Media

Tiger Woods and Vanessa Trump have officially confirmed their relationship on Instagram. Rumors had been circulating about their relationship for weeks. The confirmation came after they were seen together at multiple events.

Billionaire Elon Musk was captured on video performing an unusual balancing act with cutlery during a dinner with President Donald Trump. The footage shows Musk seriously concentrating whilst balancing a fork and two spoons on his little finger, as Trump and Musk's companion, Shivon Zilis, observe the display. The exclusive 'candlelight' dinner occurred at Trump's Mar-a-Lago estate in Palm Beach, Florida, on March 15. According to reports, attendees were required to contribute $1 million per seat. The gathering was notably absent from the President's official schedule, as documented by Wired. The dinner coincided with Palm Event, a motorsport competition in Palm Beach. The dinner invitation, bearing a 'MAGA INC' header, clarified that President Trump was «appearing at this event only as a special guest speaker and is not asking for funds or donations.» The contributions were directed towards the Make America Great Again PAC, supporting Trump's 2024 presidential campaign. The invitation, reviewed by Wired, stated simply: «You are invited to a candlelight dinner featuring special guest President Donald J. Trump.» It continued with: «Additional details provided upon RSVP. RSVPs will be accommodated on a first come, first serve basis. Space is very limited. $1,000,000 per person.»

Barron Trump's birthday coincides with New York University's spring break, which has led many to wonder how the towering youngster will spend his day.

Tiger Woods underwent surgery on Tuesday to repair a ruptured left Achilles tendon. He sustained the injury while training at home. Post surgery, Woods is almost certain to miss the Masters Tournament for only the fifth time since he began competing in 1995. The injury has cast doubts on whether Woods will be able to appear for any major golf tournaments this year.

Melania Trump, the first lady of US President Donald Trump, and her husband have mostly led quiet, low-key private lives. Reports state that Melania and Donald Trump don't hang out very often.

Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the Capitol, according to three people familiar with the matter.

Trump will spend the majority of his weekends at Mar-a-Lago, the Winter White House. Donald Trump will not be working full-time in Washington, DC, but will instead be spending a significant amount of time at Mar-a-Lago, also known as the «Winter White House,» as he did the previous time, as quoted in a report by Page Six.

Donald Trump Jr. and Bettina Anderson, his new girlfriend, are essentially living together. Anderson has been escorted around Washington, DC, by Don Jr. this weekend as part of the glitzy debut tour. Given how serious the new couple's relationship is, Don Jr. spends the majority of his time at Anderson's house in Palm Beach, Florida, as quoted in a report by Page Six.

President-elect Trump met with Apple CEO Tim Cook, which he announced at his Make America Great Again Victory Rally on Sunday, saying Cook is planning to make an investment in the U.S., following DAMAC and SoftBank.

Melania Trump has confirmed about her intentions to primarily reside in the White House during her husband US President- elect Donald Trump's upcoming second term as the US President. According to Huffpost, in a pretty recent interview on ‘Fox & Friends’, she actually addressed several speculations about her living arrangements while stating that ‘I will be in the White House’ and also mentioning the fact that she would travel to New York and Palm Beach as needed.

US President- elect Donald Trump might actually conduct his presidential duties from Mar-a-Lago which is his Palm Beach estate rather than spending significant time in Washington DC, reported People.

Subscribe to enjoy similar stories. On Tuesday night, a collection of the best golfers in the world will assemble for a brand new, high-stakes competition. But they won’t be pulling up to the first tee box at one of the sport’s most prestigious courses.

Donald Trump Jr. Bettina Anderson was already well-known for her fashion modelling in Palm Beach, Florida, her family's wealth in banking, and her love of charity and environmental preservation.

President-elect Donald Trump appears to be siding with Elon Musk and his other backers in the tech industry as a dispute over immigration visas has divided his supporters

An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in the president-elect’s political movement into public display