Business news
- 'This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets - The "Sell America" trade is in full swing Tuesday morning.
- Tech stocks lead Wall Street sell-off as tensions over Greenland escalate - Tech stocks led declines on Tuesday as renewed trade rhetoric tied to Greenland fueled a risk-off move across U.S. markets.
- Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake - CNBC reported that Powell plans to be present for oral arguments in a case that challenges Trump's power to remove governor Lisa Cook.
- Trump is showing the world the U.S. is 'back,' Scott Bessent tells CNBC as Greenland tensions ratchet up - President Donald Trump's bid to acquire Greenland is 'not something new,' said U.S. Treasury Secretary Scott Bessent, speaking to CNBC.
- IMF boss has a blunt message for Europe: 'Get your act together' - European leaders are reportedly weighing up potential responses to fresh tariff threats from the White House.
- Trump says EU won't 'push back too much' as Denmark sends extra troops to Greenland - U.S. President Donald Trump dimissed the idea of the European Union firmly opposing his plans to annex Greenland.
- French drinks giants sell off after Trump threatens 200% tariffs; European stocks fall - European stocks are expected to open in negative territory on Tuesday as the specter of fresh trade tariffs lingers, hurting market sentiment.
- Greenland's freshwater reserves seen as ‘frozen capital’ as water becomes a national security issue - "Water is increasingly treated like a strategic asset," one analyst told CNBC.
- 'Act of great stupidity': Trump launches another tirade against a NATO ally. This time it's the UK - The White House voiced its support for the deal last year, but on Tuesday, Trump said it was "an act of great stupidity."
- Trump threatens 200% tariff on French wines as Macron reportedly snubs 'Board of Peace' seat - Trump also reiterated his plans to control Greenland, saying that European leaders "won't push back too much."