Courts have blocked President Donald Trump’s earlier attempts to use existing laws for his trade war, but Congress is advancing a new law that would provide broad discretion to impose steep tariffs. In an 86-to-11 vote, the Senate passed the Lindsey O. Graham Sanctioning Russia Act of 2026 on Friday, with the House expected to
Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group’s premium data product, released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth
The U.S. Department of Justice has charged two Volkswagen engineers with securities fraud over an alleged insider trading scheme related to the German automaker’s joint venture with Rivian. The indictment, unsealed Friday by the U.S. Attorney for the Southern District of New York, alleges that Michael Stamp and Marcus Plank earned more than $300,000 using
The United States is imposing new tariffs on about 60 trading partners that account for the vast majority of its imports, claiming they failed to adequately stop forced labor. The tariffs, which range from 10% to 12.5%, are aimed at key economic partners including the UK, China, the EU, Canada, Japan and India. They come
Shhh…shut up. The stock market is trying to tell us something. The message begins with the chipmaker sector, which saw an electrifying surge of more than 100% in 2026 before hitting a wall in recent weeks. That selloff coincided with a rally in hyperscalers, which have forged a kind of market rivalry with chipmakers. But