trump

Oil prices plunged below $3 a barrel on Monday, hitting a record low as the coronavirus pandemic continues to slash demand globally and cause storage issues. The U.S. marker, West Texas Intermediate crude dropped 83 percent to $2.96 per barrel, spurred by traders abandoning the May contract that expires on Tuesday. The price is the lowest …

The virus isn’t the only thing going on in Washington that Wall Street and investors need to pay attention to. There is another Black Swan about to take flight that could poop on the markets. As I’ve been telling you for a long time, there are going to be repercussions from the political scandals of …

The U.S. coronavirus death toll reached 40,628 by Monday morning as state governors publicly worried they won’t have the amount of tests needed to safely reopen parts of the economy. “The administration, I think, is trying to ramp up testing. They are doing some things with respect to private labs,” Maryland governor Larry Hogan, a …

Says negotiations on small-business program continue: ‘We’re very close’. Vice President Mike Pence said President Trump is “not happy” with China over its early fumbles in disclosing the coronavirus that erupted in Wuhan but stopped short of outlining consequences Sunday, saying the administration is looking into it. “The president’s made it clear he’s not happy,” …

Roger Stone told Fox News host Tucker Carlson on Friday night that his upcoming prison sentence would essentially be a “death sentence” due to underlying health problems amid the coronavirus pandemic. Stone’s interview with Carlson came after a 16-month gag order on the longtime Republican operative was lifted this week. The order was lifted as …

Michael Cohen, President Trump’s former personal lawyer, will be released from prison due to fears about a coronavirus outbreak among inmates and prison staff members. Cohen is currently serving a three-year sentence at the federal prison camp in Otisville, N.Y., where 14 inmates and seven staff members have tested positive for the virus. The federal …

The Trump administration’s guidelines for reopening the U.S. economy will give recommendations to state governments on when to relax business closures, effectively recognizing that the final decision rests with individual governors. “The buck stops with the governors,” a senior administration official involved in development of the guidelines told the Wall Street Journal. During a conference call …

Activist Tom Steyer at the Democratic primary debate in Charleston, S.C., February 25, 2020. Billionaire Tom Steyer on Thursday decided to shut down his “Need to Impeach” political action committee, months after the Democrat-led impeachment proceedings against President Trump failed to achieve his removal. Steyer founded Need to Impeach in 2017, but has not contributed …

The White House has invited Senator Josh Hawley (R., Mo.) to join its task force on reopening the U.S. economy, following Hawley’s proposal that the federal government pay 80 percent of workers’ wages until the coronavirus crisis subsides. “Just finished call w/ [President Trump] as part of his Task Force on Reopening – becoming more …

Pro-life members of Congress are urging the Trump administration to keep measures in place intended to protect unborn life and the dignity of fetal remains as abortion advocates push for them to be loosened during the coronavirus health crisis. Representative Doug Lamborn, a Colorado Republican, and Senator Roger Wicker, a Mississippi Republican, led two letters …