The most active Comex futures for precious metals reduced their premium over the London spot prices on Thursday after Washington excluded the metals from broad U.S. import tariffs, easing stimulus to continue flying them to the United States.
Although the Trump Organization sold a golf course in Ferry Point Park in the Bronx to Bally’s, it will still receive a windfall if the site is chosen for a casino.
A high-stakes contest to decide who gets to build a casino in New York City could potentially result in a $115 million jackpot for President Donald Trump.
Copper slumped after President Donald Trump imposed sweeping tariffs on US trading partners, a move that risks hurting global demand for industrial commodities. Aluminum sank to its lowest since September.
New tariffs cause global stock markets to plunge with U.S. allies expected to retaliate - President Trump says he will impose blanket tariffs on all countries, hitting China and Europe hardest
One restaurant owner worried about tariffs pushing up food prices said such costs are "coming right off my bottom line."
Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.
Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.