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The Latest Breaking News from Howard Lutnick

There’s no more denying it – Trump risks a recession on his watch

ANALYSIS: Trump returned to the White House promising a better economy. But every sector has taken a huge beating as Americans feel the effect of his tariffs, Eric Garcia writes

The Independent UK

Revisions and rising unemployment: what to know about the US jobs report

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

The Guardian - US

US-Japan On Brink Of A Deal To Slash Trump Tariffs On Automakers: Report

The United States and Japan are reportedly nearing a deal to reduce tariffs on Japanese car imports. The agreement is expected to be formalized within two weeks of a U.S. presidential executive order.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

What next for Trump’s tariffs after president warned US would be ‘destroyed’ if they don’t go ahead

Donald Trump furious after U.S. Court of Appeals agrees that justification for levy on imports, his signature trade policy, amounts to executive overreach

The Independent UK

As Trump Zeroes In on Defense Stocks, Here’s 1 Top Company to Watch

After Intel, the Trump administration is turning its head towards defense stocks for ownership stakes, and this company remains a prime candidate.

Barchart

How Trump’s newfound love for Chinese students is drawing MAGA backlash

Trump said he would allow Chinese students into US universities, months after administration announced visa revocations.

Al Jazeera

Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' — Thanks Trump, Lutnick For Leadership

Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms.

Benzinga

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Nvidia’s China-based rival posts 4,300% revenue jump as chipmaker’s earnings reported no H20 chip sales to the country

The sales surge reflects Beijing’s push for local players amid geopolitical tensions.

Fortune

Federal Funding for Universities Comes With Strings. Now Trump Is Pulling Them.

The potential nationalization and forced revenue sharing of university patents makes a strong case for the separation of economy and state.

Reason

Ron DeSantis Blasts H-1B as a 'Scam,' Accuses Big Firms of Dumping Americans for Cheaper Foreign Labour

Florida Gov. Ron DeSantis has called the H-1B visa program a 'total scam', alleging that companies use it to replace American workers with cheaper foreign labor. His comments come amid a broader discussion on US immigration and workforce policies.

International Business Times UK

Lockheed Martin Faces Investor Class Action Over $3.3 Billion Losses As Securities Fraud Probe Heats Up Ahead Of Deadline

Law firm Faruqi Faruqi LLP is investigating potential claims against Lockheed Martin Corp. (NYSE:LMT) as investors face a September 26 deadline to seek lead plaintiff status in a federal securities class action.

Benzinga

Howard Lutnick Calls H-1B Visa A 'Scam,' Proposes Major Overhaul, Gold Card As Alternatives: 'Going To Change The Green Card'

Commerce Secretary Howard Lutnick has criticized the H-1B visa system that displaces American workers. Lutnick has suggested a new ‘Gold Card’ program as an alternative.

Benzinga

Trump looks to buy stakes in military corps raising concerns about private contractors and war conflicts

Howard Lutnick says ‘monstrous discussion’ underway at the Pentagon

The Independent UK

China could move away from Nvidia AI chips quicker than expected after brash 'addiction' comments from US Commerce Secretary

Political comments triggered China’s Nvidia clampdown, highlighting fragile diplomacy, rising domestic chip promotion, and the rapid acceleration of global decoupling.

TechRadar

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Benzinga

Could Trump Target A Stake In UnitedHealth Next? Maybe … Here's Why

The Trump administration's unique investment in Intel Corp. (NASDAQ:INTC) could be viewed as a template for how Washington may secure strategically vital industries by buying large stakes in publicly traded companies.

Tom’s Hardware

White House reveals nebulous plans to put government data on the blockchain — 'The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president'

The White House announced plans to put statistics on 'the blockchain' for... reasons.

Benzinga

Commerce Secretary Lutnick: US GDP Statistics To Be Published On Blockchain

U.S. Commerce Secretary Howard Lutnick on Tuesday said the Department of Commerce will begin publishing its statistics on the blockchain, including gross domestic product (GDP).

Top News

US Considering Equity Stakes In Defense Contractors And More

US government exploring equity stakes in private businesses, focusing on defense contractors and strategic investments. Implications on economy and nationa...

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news in one place.

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Kiplinger

President Trump Makes Markets Move Again: Stock Market Today

The White House is moving ahead with plans to reshape the Federal Reserve and to buy shares in more sectors and stocks.

Benzinga

Defense Stocks Rise As Trump Team Considers Buying Into Major Contractors

Commerce Secretary Howard Lutnick said Tuesday that the Trump administration is considering buying ownership stakes in major defense contractors, similar to its recent controversial move to acquire part of chipmaker Intel Corp. (NASDAQ:INTC).

We Got This Covered

Even Marjorie thinks Trump has lost the plot as she breaks with him over his latest anti-MAGA plan

MTG just called out Trump on Chinese students... awkward.

The Independent UK

‘Zero self awareness’: Newsom trolls Trump deputy’s description of ‘crooks’ in government over Lisa Cook ouster

Trump’s ‘firing’ of Fed board governor scares Wall Street and sets up another protracted court battle

Barchart

Will Trump Take a Stake in Palantir Stock Next?

The U.S. Commerce Secretary says the Trump administration is considering a stake in major defense contractors. Here’s why the government may acquire one in Palantir, and what it will mean for PLTR shares.

The Independent UK

MAGA ‘Shark Tank’ star rages against Trump’s ‘really, really bad idea’ to take stake in Intel

Kevin O’Leary’s condemnation of the Intel decision comes as the president’s top officials insist that the administration will be making similar moves down the line.

Tom’s Hardware

U.S. gov't seizes $7.4 billion semiconductor research fund created under Biden admin, calling it 'illegal' — Lutnick says fund 'served as a semiconductor slush fund that did nothing but line the pockets of Biden loyalists with American tax dollars'

The US Commerce Department of the Trump administration has pulled back billions of dollars in funding for a non-profit aimed at promoting US chip design and fabrication, suggesting that its appointment under the Biden administration somehow made it inappropriate for distributing taxpayer funds.

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