Trump's Venezuela Move Sends US Oil Stocks Soaring
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.
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Trump Delays Furniture Tariff Hikes: Relief for Wayfair and Home Retailers
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%.
Trump Unveils New "Trump-Class" Battleships for His "Golden Fleet"
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.
Trump Administration Halts 5 Major East Coast Offshore Wind Projects
Trump administration pauses construction of 5 offshore wind farms citing national security concerns. Dominion Energy shares drop 4% as Coastal Virginia project halted.
Trump Administration Secures Drug Price Cuts from Nine Major Pharmaceutical Companies
Nine pharmaceutical giants including Merck and GSK agree to slash U.S. drug prices to match other wealthy nations under new Trump administration deals, offering discounts up to 70%.
Trump Orders Move to Reschedule Cannabis, Easing Medical and Business Rules
President Trump signs an executive order to shift cannabis to Schedule III, potentially expanding medical use, research, and business opportunities nationwide.