Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
Stocks and Bonds
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai already makes cars in the United States, in Georgia and Alabama.
Trump Says a Recession Would Be Worth It, but Economists Are Skeptical
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.
Stocks Rebound After S&P’s Fall Into Correction, but Trump Tariffs Keep Markets on Edge
The gains couldn’t overcome steep losses earlier in the week, and the S&P 500 remained in negative territory. President Trump’s tariff policy kept markets on edge.
Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety
The price of gold, considered a haven during turmoil, surpassed $3,000 per ounce for the first time as investors send U.S. stock markets tumbling.
Investors Thought They Could Control Trump. They Were Wrong.
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.
Trump Vows to Buy a Tesla to Support Musk After Shares Plunge
The president defended Elon Musk, a key donor and adviser, after shares in the electric-car maker hit their lowest point since before Election Day.
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.
Delta Air Lines Lowers Profit Outlook on Weaker Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.