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The Latest Breaking News from Donald Trump

Wall Street Drops From Record Highs After Trump Warns Of 'Massive' Tariffs On China: The Week In Markets

The market's unstoppable rally hit a wall on Friday as President Donald Trump's renewed tariff threats against China triggered a broad sell-off across risk assets.

Benzinga

Why Is TeraWulf Down Today?

Shares of TeraWulf Inc. (NASDAQ:WULF) are falling Friday after U.S. President Trump posted on social media that he was considering an increase in tariffs on Chinese products. This drop, which erases the gains from TeraWulf’s record high earlier in the day, is due to weakness in the market and broader…

Benzinga

Hegseth announces plans to allow a Qatari Emiri Air Force base on US soil in Idaho

Qatari Emiri Air Force trainees will train alongside US soliders at the Mountain Home Air Force base in Idaho

The Independent UK

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Trump's Case Against Letitia James Looks a Lot Like the Case She Brought Against Him

The case is the second in two weeks, with little legal merit, filed by a neophyte prosecutor against a Trump opponent

Reason

Dollar Drops on Dovish Fed Comments and Heightened China Trade Tensions

The dollar index (DXY00 ) on Friday fell by -0.58%. The dollar was under pressure Friday as T-note yields retreated on dovish comments from Fed Governor Christopher Waller and St. Louis Fed President Alberto Musalem, who expressed their support for additional Fed interest rate cuts. Losses in the dollar accelerated...

Barchart

Melania Trump Says Putin Talks Secured Return Of Ukraine War Kids

US First Lady Melania Trump said Friday she had secured the release of Ukrainian children abducted by Russia after establishing an extraordinary back channel of communication with President Vladimir Putin.

International Business Times

First Republican governor comes out against Trump’s deployment of National Guard

‘We believe in the federalist system — that’s states’ rights,’ Oklahoma’s Gov. Kevin Stitt told The New York Times

The Independent UK

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Fed’s Chris Waller says he had a ‘great interview’ to succeed Jerome Powell and the labor market is ‘weak’ and ‘not doing great’

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Fortune

After All Those DOGE Cuts, Federal Spending Still Increased by $300 Billion

For the fiscal year that ended on September 30, the federal government spent more than $7 trillion and ran a $1.8 trillion deficit.

Reason

Trump Plans AstraZeneca Deal To Cut Drug Prices For Low-Income Americans

President Donald Trump is reportedly set to announce a new agreement with AstraZeneca Plc (NASDAQ:AZN) designed to reduce prescription drug costs for Americans.

Benzinga

Trump’s strong-arming of Netanyahu led to a deal. He must sustain that pressure

The US president long refused to use his influence over the prime minister. Last month, that appeared to change

The Guardian - US

President Trump warns of massively increased tariffs in wake of China's rare earth mineral 'monopoly position' — Xi Jinping meeting cancelled as Trump promises retaliation for Beijing's expanded export controls

President Trump, in a fiery Truth Social post, has just warned China about potential new tarriffs as a response to Beijing's expanded export controls surrounding rare earth minerals. Trump says for every element China monopolizes, America has two, and that other moves are also being considered in retaliation.

Tom’s Hardware

A pro-democracy Venezuelan politician wins this year’s Nobel Peace Prize. Is it a rebuke to Trump?

The Nobel Committee has ended months of speculation over the 2025 Nobel Peace Prize winner in selecting Venezuelan politician and activist María Corina Machado. With no obvious candidate this year, analysts spent months debating who should win the prestigious award.

The Conversation

"This gets real": GOP escalates shutdown fight with rescissions, layoffs

A fresh effort to claw back congressionally approved spending could threaten the little progress made toward reopening the government.

Axios

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Benzinga

Trump Shocks Markets: VIX Spikes 25%, S&P 500 Eyes Worst Day Since April

Wall Street's relentless rally came to an abrupt halt Friday as President Donald Trump's renewed tariff threats to China sent investors fleeing risk assets, triggering the biggest volatility spike in months and wiping out hundreds of billions in tech market value.

International Business Times UK

Trump's Rare Earth Tariff Threats Shake Stock Markets—Is Your Portfolio Ready for a China Shock?

Trump's tariff threats over China's rare earth exports spark market turmoil. Learn how this geopolitical shock could impact your investments.

The Independent UK

‘Your body shivers from the scale of the destruction’: Thousands of Palestinians head back to their shattered lives after ceasefire

SPECIAL REPORT: As the Israeli-Hamas ceasefire holds for now, Bel Trew in Tel Aviv and Nedal Hamdouna in Gaza report on the Palestinians walking back to the rubble of their homes while Israelis dare to hope for the release of all the hostages taken on October 7 2023

International Business Times

White House Says 'Substantial' Shutdown Layoffs Have Begun

The White House said Friday it had begun mass layoffs of federal workers as President Donald Trump sought to amp up pressure on opposition Democrats to end a government shutdown that has crippled public services.

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Euronews

Thousands of Palestinians return north as Israel-Hamas ceasefire starts in Gaza

The Israeli military has said it will continue to operate defensively from the roughly 50% of Gaza it still controls after pulling back to agreed-upon lines.

International Business Times

Trump Says No Reason To Meet Xi, Threatens 'Massive' China Tariffs

US President Donald Trump said Friday he no longer feels a summit is necessary with Chinese counterpart Xi Jinping this month, slamming Beijing for hostile trade practices and threatening "massive" tariffs.

The Independent UK

Pastor hit by ICE pepper bullets in Chicago rebukes Trump administration’s description of protest: ‘Categorically false’

Rev. David Black disputes Homeland Security officials blaming ‘agitators’ and ‘rioters’ for blocking ICE facility

Benzinga

What's Going On With Oklo Stock Friday?

Shares of Oklo Inc (NYSE:OKLO) are retreating from all-time highs Friday afternoon, pulling back amid a wider market sell-off after President Donald Trump signaled a potential escalation in trade tensions with China.

Benzinga

Bitcoin Plummets To $118,000 As ETH, XRP, DOGE Take Heavy Losses On Trump Tariff Threat

Cryptocurrency markets are falling as president Trump signals a possible hike in U.S. tariffs on Chinese imports.

Reason

White House Proposal To Withhold Back Pay From Federal Workers Is More Rhetoric Than Reform

A new White House budget memo frames shutdown furlough pay withholdings as fiscal restraint, but the budgetary impact is minimal—the greater effect may be expanding executive control over the federal bureaucracy.

The Independent UK

White House says it will fire more than 4,000 federal workers as government shutdown drags on

White House says more than 4,000 federal workers will be affected

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