James Franey
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Elon Musk says DOGE 'should definitely' investigate Federal Reserve after Post reports on $2.5B 'Palace of Versailles' HQ
Musk's comments came after The Post exclusively reported the central bank was pushing ahead with the decadent revamp despite mounting losses.
Goldman Sachs CEO David Solomon warns Trump's tariffs are forcing CEOs 'to tighten their belts'
The Wall Street titan issued some of his bluntest public criticism of the White House's trade policy to date on Trump's 100 days in office.
Federal Reserve blows $2.5B on 'Palace of Versailles' HQ despite mounting losses: 'Congress must put its foot down'
The glorified vanity project, first rubber-stamped by government pen-pushers in 2021, is now effectively being subsidized by American taxpayers because the Fed has not made a profit since 2022
Bessent says India will be first to make deal avoiding Trump tariffs — while China is 'put to the side'
The Treasury secretary told reporters Wednesday that the US would not unilaterally reduce duties of up to 145% on imports from China.
Treasury Secretary Scott Bessent delivers stern lecture to woke IMF elites in fiery speech
“It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
Ex-secretary of state lands lucrative post-Trump deals, including multimillion-dollar Ukraine gig
Pompeo picked up the fat check from billionaire Victor Pinchuk for a whirlwind 24-hour visit during which he held talks with President Volodymyr Zelensky, sources familiar with the matter have...
JPMorgan sues more customers over viral ATM glitch
The Jamie Dimon-led lender first filed a string of lawsuits in October against clients who exploited the technical failure that went viral in August on TikTok, with some pocketing six-figure...
JPMorgan's Jamie Dimon warns Trump that trade war risks US credibility
'It doesn’t have to wait a year. It could start tomorrow," Dimon said.
Citi, Bank of America post higher profits as traders cash in on tariff turmoil
The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to protectionist trade policies, following a similar trend at JPMorgan and Goldman Sachs.
Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
Goldman Sachs released its earnings after President Donald Trump moved to cool threats of a global trade war.
Concert promoter Boiler Room bans Israel shows after being acquired by KKR-owned firm: 'It's insane'
"It feels less like a principled stand, and more like a symbolic move to show they’re 'clean' in the eyes of their audience," the 44-year-old producer told The Post. "It...
JPMorgan's Jamie Dimon issues warning on US economy amid trade war threats
Dimon made his comments in a filing as America's biggest bank reported a 9% increase in profits for the start of 2025, registering $14.6 billion in net income for the...
EU expected to press ahead with massive fines on US Big Tech -- despite Trump's tariff pause: sources
Senior EU officials told The Post that they would not cut special deals with the US on tech fines - despite Trump's tariff U-turn.
Treasury secretary says US has '70 negotiations lined up' on tariffs, downplays recession risks
Bessent's comments as JPMorgan Chase CEO Jamie Dimon warned that a recession is a "likely outcome" from Trump's tariffs.
Volkswagen's Audi freezing all US imports due to Trump's 25% autos tariff
The Volkswagen brand has around 37,000 vehicles, sufficient for approximately two months of sales, in its US inventory, a spokesperson said.
Prada taps investment bank to help with bid for luxury rival Versace
Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace's Medusa brand, according to an Italian newspaper.
JPMorgan raises risk of recession to 60% as Trump tariff turmoil upends markets worldwide
The report branded the tariffs as a "functional tax increase" on US household and business purchases of imported goods.
Dow down 2,200 points with $6.4T wiped out in two-day bloodbath as China declares trade war over Trump tariffs
The Dow Jones Industrial Average was down more than 2,000 points — a day after suffering a 1,679 drop, its worst session since the start of the COVID-19 pandemic in...
Dow nosedives nearly 1,700 points for worst day since 2020 as bloodbath wipes out $3.1 trillion after Trump's reciprocal tariffs
President Trump’s “Liberation Day” has been followed by a “Day of Reckoning” on Wall Street.
Wall Street braces for wild ride on stock prices after Trump reveals tariffs on most imports
Stocks took a hit in after-hours trading after the commander-in-chief slapped a 10% baseline tariff on all exporters to the US as well steeper rates for nations he accuses of...