Donald Trump, institutional home buyers
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Evidence suggests President Trump's tariffs will ultimately slow economic growth, a particularly concerning prospect because the S&P 500 currently trades at a valuation last seen during the dot-com crash.
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Trump's new tariffs, JPMorgan Chase's $10 billion plan, government shutdown layoffs and more in Morning Squawk
Stocks tumbled on Friday after President Donald Trump threatened steeper tariffs on China. The Trump administration said it began laying off federal workers as the government shutdown continues. JPMorgan Chase launched a $10 billion plan to take stakes in ...
Microsoft, McKinsey and cryptocurrency firm Ripple are among those that have signed on, while JPMorgan Chase has also been approached about sponsoring the venue. The timing is significant, as Trump prepares for his first in-person appearance at Davos in six years.
Wall Street giant JPMorgan and two major cryptocurrency exchanges, Gemini Trust Company and Crypto.com's parent company Foris Dax, have poured millions into a political action committee (PAC) supporting Trump. This comes months ahead of the U.S. midterm elections, scheduled for Nov. 3, 2026.
President Trump said he'd ask the DOJ to investigate JPMorgan's links to Jeffrey Epstein. He also said the DOJ should probe Epstein's connections to perceived political enemies. JPMorgan Chase has already paid at least $365 million in settlements related ...
Trump's plan has already pushed mortgage rates down, but industry experts say they're skeptical of a long-term impact on housing affordability.