US president addresses WEF Links high inflation to oil price Trump ‘surprised’ prices still high Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos,
Key Takeaways President Donald Trump spoke remotely at the World Economic Forum meeting in Davos Thursday, promoting his "America First" economic agenda.Trump said he would use tariffs to push companies to make products in the U.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times reported on Thursday.
Ultimately, global markets will determine medium- and long-term interest rates and oil prices. The caveat for Trump is that politicians who try to circumvent markets eventually lose. The price discovery mechanism, unlike politicians and bureaucrats, can’t be suppressed, bought off or rendered inert for long.
WASHINGTON: Oil prices took a dip on Friday after U.S. President Donald Trump linked high inflation to the rising global oil prices dur..|News Track
Despite a quiet end to the week, equities are poised for strong bullish closes.
Saudi Foreign Minister Prince Faisal bin Farhan said on Friday from Damascus that his country was engaged in an active dialogue with Europe and the U.S. to help lift economic sanctions imposed on Syria.
U.S. stocks are poised to pull back slightly from record highs as caution prevails following President Trump's remarks on tariffs and trade. The dollar faces its largest weekly drop in two months, amid investor confidence in potential Federal Reserve rate cuts.
Overnight, Texas Instruments reported an earnings beat, but offered a disappointing outlook sending that stock lower by 4.5% in premarket trading.
Investing.com – US stock index futures edged lower Friday, consolidating after the benchmark S&P 500 index notched a record closing high, as investors digested more corporate earnings and economic activity data.