Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our…
SHANGHAI, CHINA – MAY 06: China’s research icebreaker Xuelong 2, or Snow Dragon 2, arrives at Waigaoqiao port after over 5-month Antarctic expedition on May 6, 2021 in Shanghai, China. Vcg | Visual China Group | Getty Images U.S. President Donald Trump’s renewed threat to take control of Greenland has raised alarm in Beijing, following…
CNBC’s Jim Cramer said Tuesday that investors should grow more selective after the market’s recent run, warning that buying stocks near their highs is often “a license to lose money.” On a volatile session that saw sharp moves across major indexes, Cramer said investors should resist chasing stocks already up 30% or 40% for the…
Oleksii Liskonih | Istock | Getty Images President Donald Trump said Wednesday that Venezuela will purchase American products with revenue from its oil sales. “I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new Oil Deal,” Trump said in a post…
President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms speed up their production of military equipment and address his other complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors’ executive pay packages, calling them “exorbitant…
Members of U.S. Immigration and Customs Enforcement (ICE) stand guard after a driver of a vehicle was shot in Minneapolis, Minnesota, U.S., January 7, 2026. Tim Evans | Reuters Immigration and Customs Enforcement agents in Minneapolis fatally shot a woman in her car on Wednesday, federal officials said. “Today, ICE officers in Minneapolis were conducting…
Nicolas Maduro and his wife, Cilia Flores, are seen in handcuffs after landing at a Manhattan helipad, escorted by heavily armed Federal agents as they make their way into an armored car en route to a Federal courthouse in Manhattan on Jan. 5, 2026 in New York City. Xny/star Max | Gc Images | Getty…
Sermitsiaq Mountain looms behind a row of houses in Nuuk, Greenland, on March 4, 2025. Odd Andersen | Afp | Getty Images U.S. President Donald Trump is fixated on taking control of Greenland, a vast, sparsely populated and mineral-rich island situated between the Arctic Ocean and the North Atlantic Ocean. “It’s so strategic,” Trump told…
CNBC’s Jim Cramer said Tuesday that early January trading shows how quickly emotion can take over markets at the start of the year, warning investors not to confuse momentum with durability. Cramer said the market is being driven by three groups: momentum traders chasing last year’s winners, “hope springs eternal” investors buying beaten-down stocks and…
U.S. President Donald Trump and Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. attend a Make America Healthy Again (MAHA) Commission event, in the East Room of the White House in Washington, D.C., U.S., May 22, 2025. Evelyn Hockstein | Reuters The Trump administration on Tuesday said it was freezing $10 billion in…
