. It also exists separately from the presidency, but the president holds power to veto laws and influence foreign policy, and Nawrocki’s win will make it extremely difficult for Tusk to press his pro-European agenda.
many of their tariffs that had threatened to drag the economy into a recession.accusation at the end of last week, where he said China was not living up to its end of the agreement that paused their tariffs against each other.
to 50% to protect their industry, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. That helped stocks of U.S. steelmakers climb. Nucor jumped 10.1%, and Steel Dynamics rallied 10.3%.On the losing side of Wall Street were automakers and other heavy users of steel and aluminum. Ford fell 3.9%, and General Motors reversed by 3.9%.Lyra Therapeutics soared nearly 311% for one of the market’s biggest gains after reporting positive late-stage trial results of an implant to treat chronic sinus inflammation in some patients.
In the bond market, Treasury yields rose asdue to plans to cut taxes and increase the deficit.
The yield on the 10-year Treasury climbed to 4.44% from 4.41% late Friday and from just 4.01% roughly two months ago. That’s a notable move for the bond market.
Besides making it more expensive for U.S. households and businesses to borrow money, such increases in Treasury yields can deter investors from paying high prices for stocks and other investments.in Trump’s first White House.
Taylor later published a book by the same name as the op-ed and then another book under his own name called “Blowback,” which warned about Trump’s return to office.After signing the memorandum April 9, Trump said Taylor was likely “guilty of treason.”
The letter by Taylor’s lawyer to the inspectors general calls Trump’s actions “unprecedented in American history.”“The Memorandum does not identify any specific wrongdoing. Rather, it flagrantly targets Mr. Taylor for one reason alone: He dared to speak out to criticize the President,” the letter reads.