Trump Calls for $1.5 Trillion Defense Budget Hike, Claims Tariffs Will Cover Costs
President Trump proposes 50% increase in US military spending to $1.5 trillion by 2027, citing tariff revenue as funding source despite budget concerns.
President Trump proposes 50% increase in US military spending to $1.5 trillion by 2027, citing tariff revenue as funding source despite budget concerns.
Defense stocks fall as Trump prohibits dividends and buybacks, caps executive pay at $5M, demanding contractors invest in equipment instead.
President Trump's proposed ban on institutional investors buying single-family homes sends Blackstone and Invitation Homes stocks plummeting, sparking debate about market impact.
US oil company shares jumped after Trump announced plans to control Venezuela's oil. Chevron, Exxon, and ConocoPhillips lead gains as access to world's largest reserves opens up.
Trump administration delays furniture tariff increases until 2027. Wayfair, Williams-Sonoma, and RH shares rise as upholstered furniture stays at 25% instead of 30%, cabinets at 25% vs. 50%.
President Trump announces plans to build up to 25 new Trump-class battleships starting with USS Defiant, aiming to revitalize U.S. naval power and shipbuilding amid competition with China.