Donald Trump

Shipping stocks are soaring Monday, led by a 56-percent gain by TOP SHIPS Inc (NASDAQ: TOPS). Here’s a look at what may be driving the big gains. What Happened The Trump Administration on Oct. 17 announced the U.S. would be withdrawing from the Universal Postal Union, a treaty among 192...

When anger over EpiPen pricing erupted in 2016, generic drugmaker Mylan NV (NASDAQ: MYL) was villainized.  The price of the autoinjector used for severe allergic reactions was hiked by about 500 percent between 2007 and 2016.  Both Democrats and Republicans came out strongly against...

President Donald Trump's criticism of the "loco" Federal Reserve will likely have "zero impact" on future policies, according to Michael Schumacher, head of interest rate strategy at Wells Fargo & Co (NYSE: WFC).  What Happened Trump described the Fed's interest...

President Donald Trump said Wednesday the Federal Reserve is "going loco and there's no reason for them to do it." On Thursday, White House National Economic Council Director Larry Kudlow emphasized the Fed's independence and said Trump is not dictating any of its policies from...

Broadcom Inc. (NASDAQ: AVGO) in July announced a $19-billion acquisition of CA Technologies (NASDAQ: CA) (formerly known as Computer Associates Technologies) in an attempt to build a leading infrastructure technology company. Earlier this year, President Trump blocked Broadcom's acquisition...

In the last year, Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos pocketed $78.5 billion — just enough change to top all-time charts of U.S. wealth. Now valued at $160 billion, Bezos overcame Bill Gates ($97 billion) to become the nation’s wealthiest billionaire. Gates was one year short...

A vote by the full Senate on the confirmation of Supreme Court nominee Brett Kavanaugh is being delayed for one week to allow for a supplemental FBI background investigation after three women came foward alleging they were sexually assaulted by him.  "I've ordered ther FBI to conduct...

The oil market is entering a difficult environment, with President Donald Trump demanding that OPEC and major oil-producing nations increase supply, according to S&P Global Platts writer Herman Wang. This comes just weeks ahead of a new round of sanctions against Iran that lower the global...

Is the stock market pricing in a favorable outcome to President Donald Trump's tough trade rhetoric against China? Byron Wien, vice chairman of private wealth solutions at Blackstone Group LP (NYSE: BX), said yes, although it's possible the trade war could worsen before it...

President Donald Trump's trade war against China is being mislabeled as the two countries are merely engaged in a "trade skirmish," according to JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon. What Happened A simple explanation exists for why the stock market is shrugging off...