Business

Stocks, dollar slip as Trump trade deflates

Stocks, dollar slip as Trump trade deflates

Against a basket of currencies, the dollar was down almost half a percent at 99.306. The euro hit stops as it rose to the highest levels of 2017 in early-market trading. The S&P 500 cut earlier losses on Monday to end slightly lower, while the Dow declined for an eighth straight session, as investors assessed how the defeat of President Donald Trump's first major legislative action would impact the rest of his agenda.


Trump to Rescind Obama Climate Orders with EO on Energy Independence

Trump to Rescind Obama Climate Orders with EO on Energy Independence

The official stated that the President is "not going to pursue climate or environmental policies that put the US economy at risk. It is very simple". "This order will help keep energy and electricity affordable, reliable and clean, in order to boot economic growth and job creation".


German business confidence at highest since 2011

German business confidence at highest since 2011

The think tank reported a reading of 112.3 points in March, up from 111.1 points in the previous month, while economists had penciled in a slight drop in confidence levels among the 7,000 German executives polled for the survey. Retail confidence was also higher, although there was a retreat in wholesaling after a surge seen last month. "The headline was lifted by small increase in the current assessment index, but the key story was the jump in the expectations index to a six-month high".


Donald Trump's golfing is a political problem thanks to Donald Trump

Donald Trump's golfing is a political problem thanks to Donald Trump

Sunday. Over the weekend, Trump twice travelled to the Trump National Golf Club in Virginia on Saturday and Sunday, where he chaired meetings. President Donald Trump made his 12th and 13th trips as President to one of his 17 worldwide golf properties on the weekend of March 25-26, going once each day to Trump National Golf Club in Northern Virginia.


Delta trolls United on leggings

Delta trolls United on leggings

Patricia Arquette added, "Why aren't you allowing girls to wear leggings on flights?" She said, in part: "She's forcing them to change or put dresses on over leggings or they can't board". That's when the dress code comes in. After a traveler tweeted about girls being barred from a Minneapolis-bound flight for wearing leggings, United tried - and failed - to explain away the ensuing vitriol.


Gold hits 1-month high after Trump doubts knock USA dollar, stocks

Gold hits 1-month high after Trump doubts knock USA dollar, stocks

Trump has said he will now focus on tax reform after the healthcare setback, targeting a policy that would include tax cuts and is seen as a boost to the USA economy. Spot gold rose 0.8 percent to, 254.01 per ounce by 0042 GMT, after hitting a near one-month high of, 254.65. "The markets are continuing to unwind the Trump premium", said BMO Capital Markets currency strategist Stephen Gallo, in London.