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BEIJING, CHINA – NOVEMBER 9: Chinese President Xi Jinping and U.S. President Donald Trump attend a welcoming ceremony November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia. (Photo by Thomas Peter-Pool/Getty Images)

Trump’s trade war could spiral into a debt war that sends interest rates soaring, former White House official warns

Lockheed Martin F-35 Lightning II fighter jet of the United States Air Force USAF with Serial No LN 19-5474 during a flight demonstration at Paris Air Show 2023 in Le Bourget Airport. The advanced military aircraft executed maneuvering and showed its advanced capabilities in the air. The F35 fighting plane is a 5th generation single-seat, single-engine, all-weather stealth multirole combat aircraft that is intended to perform both air superiority, strike missions while it is able to provide electronic warfare and intelligence, surveillance, and reconnaissance capabilities. Primary uses is the USA Air Force, Marine Corps, Navy and US and NATO allies. Paris, France on June 2023 (Photo by Nicolas Economou/NurPhoto via Getty Images)

Trump thinks defense spending could be halved, but the Pentagon’s costliest weapons program is ‘relatively affordable,’ analyst says

Mike Wirth, chairman and chief executive officer of Chevron Corp., during a Bloomberg Television interview in New York, US, on Monday, Oct. 23, 2023. Chevron Corp. agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets on an enduring future for fossil fuels. Photographer: Jeenah Moon/Bloomberg via Getty Images

Chevron layoffs come as energy giant unlocks more crude with far fewer rigs in the heart of the U.S. oil patch

WASHINGTON, DC – FEBRUARY 06: U.S. President Donald Trump speaks at the National Prayer Breakfast sponsored by the The Fellowship Foundation at the Washington Hilton on February 06, 2025 in Washington, DC. The National Prayer Breakfast brings together members of Congress and leaders in fellowship and business for prayer and discussion. (Photo by Andrew Harnik/Getty Images)

Why Trump’s reciprocal tariffs may actually be a positive sign for Wall Street

Tired commuter sleeping on steering wheel in car

DOGE looks to shrink the federal workforce by making buildings and commutes ‘so crappy’ that employees will quit, report says

A US Navy F-35C Lightning II is seen on the flight deck aboard the USS Carl Vinson, a US nuclear-powered aircraft carrier, during its port visit at a South Korean naval base in the southeastern port city of Busan on November 22, 2023. (Photo by SONG Kyung-Seok / POOL / AFP) (Photo by SONG KYUNG-SEOK/POOL/AFP via Getty Images)

As Trump targets the Pentagon, Elon Musk is a ‘great master’ at this rare talent that could transform defense, former Navy secretary says

QUEBEC CITY, QC – JUNE 08: Prime Minister of Canada Justin Trudeau (R) speaks with U.S. President Donald Trump during the G7 official welcome at Le Manoir Richelieu on day one of the G7 meeting on June 8, 2018 in Quebec City, Canada. Canada will host the leaders of the UK, Italy, the US, France, Germany and Japan for the two day summit, in the town of La Malbaie. (Photo by Leon Neal/Getty Images)

What does Trump really want from Canada and Mexico? It may come down to oil security and bringing both countries ‘under the US’s thumb’

WASHINGTON – SEPTEMBER 13: Elon Musk, CEO of Tesla and owner of X, left, and Palantir CEO Alex Karp arrives participate in the “AI Insight Forum” in the Kennedy Caucus Room in the Russell Senate Office Building on Wednesday. September 13, 2023. (Bill Clark/CQ-Roll Call, Inc via Getty Images)

Palantir may be the stock pick for the DOGE era as it leads the AI revolution while Musk plows through government agencies

NEW YORK, NEW YORK – NOVEMBER 15: Billy Bob Thornton attends Landman | Nom Comm Screening at The Whitby on November 15, 2024 in New York City. (Photo by Slaven Vlasic/Getty Images for Paramount+)

Here’s what Chevron CEO Mike Wirth thinks about the hit TV show ‘Landman’

WASHINGTON, DC – JANUARY 29: U.S. President Donald Trump delivers remarks before signing the Laken Riley Act, the first piece of legislation passed during his second term in office, in the East Room of the White House on January 29, 2025 in Washington, DC. Jason Riley and Allyson Philips, the parents of 22-year-old Laken Riley, a University of Georgia nursing student who was murdered in 2024 by an undocumented immigrant, attended the signing ceremony. Among other measures, the law directs law enforcement authorities to detain and deport immigrants who are accused but not yet convicted of specific crimes, if they are in the country illegally. (Photo by Chip Somodevilla/Getty Images)

The day after Trump announced his tariffs, a Canadian energy company said prices will go up for its U.S. customers

WASHINGTON, DC – JANUARY 20: Elon Musk arrives for the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th President of the United States. (Photo by Kenny Holston-Pool/Getty Images)

Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns

Asian mother working with laptop while her son and daughter are playing in the living room. Her son is playing on the table.

Nearly a third of parents have considered suicide or self-harm due to the overwhelming stress of caregiving, survey says

FILE: Bloomberg Best Of U.S. President Donald Trump 2017 – 2020: U.S. President Donald Trump, right, and Xi Jinping, China’s president, greet attendees waving American and Chinese national flags during a welcome ceremony outside the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. Our editors select the best archive images looking back at Trumps 4 year term from 2017 – 2020. Photographer: Qilai Shen/Bloomberg via Getty Images

China has a ‘trick up its sleeve’ to fight Trump’s tariff as Beijing keeps response muted for now, former IMF adviser says

Nassim Nicholas Taleb, senior scientific advisor at Universa Investments LP, speaks during at an event for Universa Investments in Miami, Florida, US, on Monday, Jan. 29, 2024. Taleb said the US deficit is swelling to a point that it would take a miracle to reverse the damage. Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images

‘The Black Swan’ author warns future selloffs could be 2-3 times worse than the DeepSeek shock as it reveals how fragile the economy is

WASHINGTON, DC – JANUARY 29: U.S. President Donald Trump delivers remarks before signing the Laken Riley Act, the first piece of legislation passed during his second term in office, in the East Room of the White House on January 29, 2025 in Washington, DC. Jason Riley and Allyson Philips, the parents of 22-year-old Laken Riley, a University of Georgia nursing student who was murdered in 2024 by an undocumented immigrant, attended the signing ceremony. Among other measures, the law directs law enforcement authorities to detain and deport immigrants who are accused but not yet convicted of specific crimes, if they are in the country illegally. (Photo by Chip Somodevilla/Getty Images)

Trump slaps tariffs on top US trade partners—with risk of hikes if there’s retaliation—and there will be no exemptions