Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
Stocks advanced, Treasury yields fell and crypto was volatile on Tuesday as market participants reacted to the slew of executive orders issued on the first day of Donald Trump’s second term as president.
The orders themselves are seen as having limited direct impact, but clean energy advocates worry they’ll eventually tilt investment toward traditional fossil fuels.
Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.
The “Magnificent Seven” stocks have captured the attention of traders and dominated the market in recent years, as the price of their shares has soared and their market capitalizations have hit $1 trillion or more.
The CEO of top American bank Morgan Stanley said that he is open to working with regulators so that the firm can offer crypto services.
U.S. President Donald Trump’s first day in the Oval Office seemed light on any immediate action on that front, sending markets higher.
High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that issue.
Chinese hacks, rampant ransomware, and Donald Trump’s budget cuts all threaten US security. In an exit interview with WIRED, former CISA head Jen Easterly argues for her agency’s survival.
Investing.com-- Chinese stocks are likely to face profit-taking and increased risk aversion going into the New Year holiday, Morgan Stanley (NYSE: MS) analysts said in a note, especially in the face of U.S. trade tariffs under President Donald Trump.