Mar 04 Stocks fall as trade war between U.S. and key partners escalate, wiping out S&P 500 post-election gains By Damian J. Troise, Alex Veiga, Associated Press The benchmark index fell 1.2% and the Dow Jones Industrial Average shed 670 points, or 1.6%, The Nasdaq slipped 0.4% despite a rebound in big tech stocks such as Nvidia. Continue reading
Feb 21 WATCH: Trump discusses USPS plans after Howard Lutnick sworn in as commerce secretary By Maryclaire Dale, Associated Press President Donald Trump on Friday said he may put the U.S. Postal Service under the control of the Commerce Department in what would be an executive branch takeover of the agency, which has operated as an independent entity since 1970. Continue reading
Jan 29 WATCH: Howard Lutnick testifies at Senate confirmation hearing for commerce secretary By Paul Wiseman, Associated Press Billionaire financier Howard Lutnick has emerged as an outspoken supporter of Trump's hardline trade policies. Continue reading
Jan 28 After running on a working-class message, Trump fills his government with billionaires By Bill Barrow, Associated Press President Donald Trump's second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his Republican administration. Continue reading
Nov 25 Watch 6:16 What Trump's economic appointments tell us about his 2nd-term agenda By William Brangham, Karina Cuevas President-elect Trump continues to round out his Cabinet, including some key economic appointments. He's chosen billionaire hedge fund manager Scott Bessent for treasury secretary and for commerce, he's chosen Howard Lutnick, the CEO of Cantor Fitzgerald and a big backer… Continue watching
Nov 19 Trump picks billionaire and transition adviser Howard Lutnick for commerce secretary By Fatima Hussein, Associated Press President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary. Continue reading