President Financial News
27.11 / 12:09
UPS
Action
Coronavirus
President
consequences
reports
The IRS is at risk of losing $20 billion in funding without legislative intervention
Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen
27.11 / 12:09
Action
Strategy
Election
Bill
President
Department
Biden's public lands director named to lead environmental group
A senior official in President Joe Biden’s administration who oversaw its contentious efforts to address climate change by curbing drilling and mining on federal lands has been named the next president of a prominent environmental group
27.11 / 04:29
Election
Research
President
Diversity
inclusion
Courts
rights
Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory
Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepr...
27.11 / 04:29
security
Southern
Trade
President
track
country
Department
Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime
President-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for illegal immigration and drug smuggling
27.11 / 04:29
Citi
Manufacturing
Fighting
President
War
country
peace
trump tariffs
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
Mexican President Claudia Sheinbaum has suggested Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants acros...
27.11 / 04:29
UPS
Citi
wellness
President
rock
2020
Sand coming to Atlantic City's eroding beaches is better late than never, casinos say
Atlantic City is finally getting a beach replenishment project that casinos say is essential for visitors who have had precious little space to spread their towels for two sand-starved summers
27.11 / 02:55
COST
UPS
Ripple
economy
Trade
President
country
What Trump’s new tariff threats mean for the US economy
Subscribe to enjoy similar stories. The stiff duties that President-elect Donald Trump threatened against the U.S.’s neighbors and big trading partners, along with the additional tariffs he promised against China, could raise prices for Americans on everything from fresh fruit from Mexico to lumber from Canada and Chinese electronics. Import-reliant businesses—especially automobile manufacturers—could face significantly higher costs that they would then pass on to consumers.
27.11 / 02:55
wellness
Trade
President
War
country
Trump returns to ‘maximum pressure’ as era of Biden alliances ends
Subscribe to enjoy similar stories. WASHINGTON—President-elect Donald Trump’s brandishing of tariffs on goods from Canada, Mexico and China marks the passage from one era to another: Partnerships are out, and coercion is in. Trump is showing his second term will be much like his first, defined by the economic and diplomatic fights he picked with friends as well as foes.
27.11 / 02:51
markets
Enterprise
Trade
President
country
social
Donald Trump selects Kevin Hassett to lead National Economic Council
President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration's policy-making discussions from trade to taxes and deregulation.
27.11 / 02:01
markets
Analysis
Trade
President
gatherings
Stocks waver, dollar slips with focus on tariffs
Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. US equity futures were little changed after the S&P 500 rose for a seventh day to notch its 52nd record this year. A Bloomberg gauge of the dollar slipped 0.1%, paring some of its strength seen on Tuesday that pressured the Mexican peso and Chinese yuan, among others.
27.11 / 02:01
Strategy
President
War
country
Relationships
Donald Trump team weighs direct talks with North Korea's Kim Jong Un in new diplomatic push, sources say
Several in Trump's team now see a direct approach from Trump, to build on a relationship that already exists, as most likely to break the ice with Kim, years after the two traded insults and what Trump called «beautiful» letters in an unprecedented diplomatic effort during his first term in office, the people said. The policy discussions are fluid and no final decisions have been made by the president-elect, the sources said.
26.11 / 21:39
COST
Manufacturing
economy
President
Universities
reports
Trump’s 25% tariff would mean recession for Canadian economy next year, economists warn
Economists are warning the hit to Canada’s economy will be significant if incoming U.S. president Donald Trump makes good on his threat of imposing a 25 per cent tariff on all Canadian and Mexican imports when he takes office.
26.11 / 21:39
markets
UPS
Platform
Research
Trade
President
social
Loonie watch: ‘Nothing but dead air’ stopping the Canadian dollar from hitting 68 cents U.S., says Rosenberg
The Canadian dollar plunged more than half a cent and fell back below 71 cents U.S. after incoming U.S. president Donald Trump said he will impose a 25 per cent tariff on Canadian and Mexican imports over border and drug issues.
26.11 / 19:21
UPS
Fox
Manufacturing
wellness
Trade
President
country
Mexico may retaliate with its own tariffs after Trump threat, new president says
Rep. Eric Burlison, R-Mo., talks President-elect Trumps tariff plans, the DOJ dropping Trumps federal election case and a bill to abolish Americas Bureau of Alcohol, Tobacco, Firearms and Explosives.
26.11 / 19:15
26.11 / 18:13
markets
COST
UPS
wellness
Trade
President
Tariff pe tariff to narrow the deficit
Donald Trump's comment this week that one of his first acts after re-entering office would be to impose tariffs on US imports from Mexico, Canada and China. Markets are familiar with the MAGA magus' negotiating tactics from his first term as president. Yet, volatility is unavoidable.
26.11 / 17:33
26.11 / 17:27
markets
BLOCK
Continental
Trade
President
country
cover
What is the EU-Mercosur trade agreement and why does it matter?
The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years
26.11 / 17:27
Southern
Food
Trade
President
War
country
social
Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?
President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States
26.11 / 17:27
26.11 / 17:27
COST
UPS
Manufacturing
Volkswagen
President
Department
Biden administration to loan Rivian $6.6B to build US factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory
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