Tag: stock
Why some are accusing Trump of manipulating stock markets
By Maria Aspan Wall Street has been whipsawed for more than a week by President Trump’s every word about tariffs. Now he’s facing accusations of using his power to deliberately manipulate the markets. The scrutiny started with a tale of two social-media posts. On Wednesday, shortly after the U.S. stock market opened, Trump posted on…
Trump’s picks to oversee Medicare and biomedical research will divest stock
By Sydney Lupkin , Rob Stein If Dr. Mehmet Oz is confirmed to lead the Centers for Medicare & Medicaid Services, he said in an ethics letter dated Feb. 16 that he will sell health care stock and leave his role as an advisor to iHerb, LLC, a nutritional supplement company that he has promoted…
Fears over UK borrowing costs as US jobs figures prompt stock market volatility
Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates Concerns over the UK government’s borrowing costs were revived on Friday after stronger-than expected US jobs figures triggered volatile conditions in global financial markets. In an accelerating global bond market sell-off, investors warned that the UK was…