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Trump says he brokered deal with Saudi, Russia for huge oil cuts
U.S President Donald Trump said on Thursday he had brokered a deal with top oil producers Russia and Saudi Arabia to cut output and arrest an oil price rout amid a global coronavirus pandemic, sending crude prices up by 45%......»»
Oil gains as governments pile on the economic stimulus
Oil prices rose on Friday as the world's richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia......»»
Even a trillion dollar promise can"t lift global stocks
European and Asian shares slid again Wednesday, even after Donald Trump said he planned a $1 trillion package of aid for the U.S. economy. Julian Satterthwaite reports......»»
Stocks plunge into bear market as Trump"s Europe travel ban adds to economic headwinds
Global stocks plunged into a bear market and oil slumped on Thursday after U.S. President Donald Trump banned travel from Europe to stem the spread of coronavirus, threatening more disruption to the world economy......»»
Global stocks plunge into bear market as Trump stuns with Europe travel ban
Global stocks plunged into a bear market and oil slumped on Thursday after U.S. President Donald Trump banned travel from Europe to stem the coronavirus, threatening more disruption to the world economy......»»
Stocks plummet after Trump bans travel from Europe to contain coronavirus blow
Global shares crumbled on Thursday after U.S. President Donald Trump stunned investors by announcing a temporary travel ban from Europe in an effort to curb the spread of the coronavirus, threatening more disruptions to businesses and the world economy......»»
Fed cuts interest rate half a percentage point, largest emergency cut since the financial crisis
Trump and many Wall Street investors have been urging major action to boost the economy in the face of the biggest threat to the global economy since the financial crisis......»»
The Wall Street Journal: Trump’s proposed $4.8 trillion budget will seek cuts to Medicare, Medicaid
President Donald Trump is expected to release a $4.8 trillion budget Monday that charts a path for the start of a potential second term, proposing steep cuts to social-safety-net programs and foreign aid and higher outlays for defense and veterans......»»
IMF predicts global economy will rebound in 2020
Sen. stood at the finish line of a half-marathon in New York City, slapping high-fives. Then he was off to Washington for a meeting about the of President Donald Trump. By the end of the night, he... To view the full story, click the title link......»»
Oil rises to 3-month high after Trump approves trade deal
Oil rose to the highest level in almost three months after U.S. President Donald Trump signed off on a partial trade deal with China, aiding the global demand outlook after OPEC+ agreed to deepen supply cuts......»»
Key Words: Christine Lagarde says Trump is hurting global economic stability
Christine Lagarde, former head of the International Monetary Fund, says President Donald Trump is responsible for many of the risks facing the global economy, and warns that the rise of nationalism is not the answer to economic fears......»»
Asian shares drop to three-week low, U.S. politics sours mood
Asian shares slipped to three-week lows on Friday as the release of a whistleblower complaint against U.S. President Donald Trump added to worries about the global economy, already reeling from the China-U.S. trade war......»»
Asian shares drop to three-week low, U.S. politics adds to gloom
Asian shares slipped to three-week lows on Friday as the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war......»»
Global stocks rise, investors cool to impeachment talk
The dollar rose and stocks on Wall Street lifted a gauge of global equities on Wednesday on robust U.S. housing data and the notion a strong economy would overcome any investor skittishness over a possible impeachment of President Donald Trump......»»
E.U.’s Tusk says Trump’s trade wars are damaging global economy
European Council President Donald Tusk’s comments came one day after Trump and Chinese President Xi Jinping dramatically escalated a fierce trade war between the two countries......»»
Trump calls on U.S. firms to exit China as trade war escalates
President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession......»»
Powell says Fed will aid economy but gives no clear hint on rates
Federal Reserve Chairman Jerome Powell said Friday that President Donald Trump's trade wars have complicated the Fed's ability to set interest rate policies but offered no clear signal about further interest rate cuts. .....»»
Powell stops short of committing to rate cuts, and Trump fumes
The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump......»»
Trump looking at possible tax cuts amid economic jitters
President Donald Trump said on Tuesday his administration was considering potential tax cuts on wages as well as profits from asset sales, and sought to play down market anxieties that the world's top economy could be heading for a recession......»»
Trump Today: Trump says White House considering tax cuts as he rejects recession worries
President Donald Trump on Tuesday said his administration was mulling tax cuts to stimulate the economy, even though he rejected suggestions that the U.S. is heading for a recession......»»