Howard Lutnick

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA). SoftBank...

Mortgage giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) may be on the path out of government conservatorship, as a new report builds on earlier signals from President Donald Trump about plans to return the firms to public ownership. What Happened: Fannie Mae and Freddie Mac have been under...

Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter. What Happened: On Tuesday, in a post on X, Wolfers discussed Japan’s top trade negotiator’s recent travel to...

Donald Trump's much-touted plan to sell $5 million "gold card" visas to the ultra-wealthy may never leave the runway, immigration lawyers and policy analysts say. What Happened: The proposal would create a brand-new residency class for investors willing to wire in billions, but experts note a...

U.S. Stock futures slipped on Sunday evening, following the Fourth of July weekend, after President Donald Trump’s confirmation regarding the reciprocal tariffs that are set to go into effect on August 1, instead of July 9. The S&P 500 Futures trade at 6,297.50, down 0.43%,...

U.S. futures rose on Monday after a record close on Friday. Futures of major benchmark indices were trading higher. As the July 9 deadline for President Donald Trump‘s reciprocal tariffs comes closer, on Friday, he suggested that the deadline for a U.S.-EU trade deal might not be set in stone...

U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading...

Nearly 70,000 people have registered interest in President Donald Trump‘s new $5 million “Trump Card” visa program, Commerce Secretary Howard Lutnick announced Monday. The waiting list reached 68,703 applicants within hours of Lutnick’s morning update showing 67,697...

U.S. stock futures were trading lower on Wednesday after a positive close on Tuesday. Futures of major benchmark indices were lower in premarket. A federal appeals court on Tuesday permitted President Donald Trump‘s extensive tariffs to continue, pending its review of lower court rulings that...

The United States and China have reached a long-awaited trade agreement, following two days of high-level discussions in London this week. What Happened: On Tuesday, representatives from both sides said that they’ve reached an agreement to implement the provisions of the Geneva trade...

As China’s May export data missed expectations just ahead of the second round of U.S.-China trade negotiations, leading experts are offering sharply divergent interpretations of how the data will be leveraged during the trade talks. What Happened: While Mohamed A. El-Erian, a senior...

The past week was a whirlwind of economic news. From President Donald Trump’s aggressive trade deal deadline to Mark Cuban’s insights on inflation, the stories were as varied as they were impactful. Let’s dive into the details. Trump’s Trade Deadline President Donald...

The U.S. Commerce Secretary, Howard Lutnick, doubles down on the Trump administration’s tariff strategy following recent federal court rulings that blocked key trade policies, declaring America’s trade deficit a national emergency requiring immediate action. What Happened: In a Fox News...

Trump Media & Technology Group (NASDAQ:DJT), the Trump family’s media company, is reportedly strategizing to raise a $3 billion investment in cryptocurrencies, such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE). What Happened: TMTG, the organization owned by...