Trump Administration Promises Lower Coffee and Fruit Prices
Treasury Secretary Scott Bessent says the Trump administration will take steps soon to lower prices on coffee, bananas, and other imported foods amid rising grocery costs.
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Trump's Attack on Health Insurers Sends Stocks Tumbling
Health insurance stocks dropped during pre-market trading after President Trump criticized insurers on social media and proposed providing direct subsidies to consumers instead of ACA tax credits.
China Plans New Rare Earth Export Licenses, But Full Easing Unlikely
China is creating a new rare earth licensing system to simplify exports, but full removal of restrictions remains uncertain, industry insiders say.
Trump Slashes Obesity Drug Prices with Lilly, Novo Nordisk Deals
President Trump announced deals with Eli Lilly and Novo Nordisk to slash GLP-1 obesity drug prices for Medicare/Medicaid and launch TrumpRx.gov. Medicare coverage for these costly treatments begins mid-2026.
Boeing Tumbles as Trump-Xi Deal Disappoints on Aircraft Orders, Deutsche Bank Cuts Rating
Boeing stock falls after Trump-Xi meeting fails to produce aircraft purchase agreement. Deutsche Bank downgrades to "hold" citing cash flow concerns and legacy burdens constraining recovery.
Historic $80 Billion Nuclear Power Deal to Fuel America's AI and Data Center Boom
U.S. government partners with Westinghouse, Cameco, and Brookfield to build $80B in nuclear reactors, supporting AI growth and Trump's energy dominance agenda through 2030.