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‘Taco’ out, ‘Nacho’ in? Wall Street coins new Donald Trump term before China visit

Wall Street’s menu of market acronyms has officially moved from Tacos to nachos and investors are discovering this new trade comes with a much spicier aftertaste.After months of betting on the “Taco” trade — shorthand for “Trump Always Chickens Out” — traders are now embracing “Nacho”, or “Not A Chance Hormuz Opens”, as fears grow…

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Nvidia CEO Jensen Huang beats Michael Dell in ‘world’s richest’ list just days after Donald Trump thanked Dell family by name and told Americans that …

Nvidia CEO Jensen Huang has moved ahead of Dell founder and CEO Michael Dell on Forbes’ real-time billionaires list, just days after US President Donald Trump publicly praised the Dell family and reportedly told Americans to “go out and buy a Dell.” According to Forbes billionaire list, Jensen Huang’s estimated net worth reached $191.5 billion…

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Epstein files, Trump connections, 3.5 million pages: New York pop-up puts it all on display

A temporary exhibition in New York City is showcasing nearly 3.5 million pages of newly released Justice Department documents tied to convicted sex offender Jeffrey Epstein and his connections to President Donald Trump.The pop-up library, titled “The Donald J. Trump and Jeffrey Epstein Memorial Reading Room,” contains the files printed and bound into 3,437 volumes…

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Donald Trump nominates Cameron Hamilton to lead Federal Emergency Management Agency, year after he was fired from role

SAN DIEGO: President Donald Trump nominated Cameron Hamilton Monday to lead the Federal Emergency Management Agency, a surprising comeback for the former Navy SEAL who was fired from his role as FEMA’s temporary leader last year after he defended its existence.His nomination comes as the Trump administration has increasingly signalled it is backing away from…

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Iran says ready to ‘teach a lesson’ if attacked after Trump called Tehran’s latest peace proposal ‘piece of garbage’

Iran warned on Monday that its armed forces were prepared to “teach a lesson” to any aggressor after US President Donald Trump rejected Tehran’s latest counterproposal aimed at preserving the fragile Middle East ceasefire.The sharp exchange further raised tensions in the region and rattled global energy markets already strained by disruptions in the Strait of…

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Five months after Michael and Susan Dell pledged $6.25 billion to fund Trump Accounts, Donald Trump tells Americans at Mother’s Day event in White House: Go out and …

Michael and Susan Dell . (AP Photo/Frank Franklin II) Dell Technologies stock hit an all-time high of $263.99 on Friday, May 8. The Dell stock surged as much as 14.6% intraday, which pushed Dell shares up more than 107% year-to-date. The jump came after President Donald Trump reportedly used a Mother’s Day event at the…

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Trump says US-Iran ceasefire on ‘life support’; calls Tehran’s latest proposal ‘piece of garbage’

US President Donald Trump on Monday said the ceasefire with Iran was “on life support” after he rejected Tehran’s response to its proposal, raising fears of renewed escalation in the 10-week-old conflict that has remained under a fragile ceasefire since April 8.Days after Washington floated a proposal aimed at restarting negotiations with Tehran, Iran on…

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Apple CEO Tim Cook, Elon Musk to join President Donald Trump for China visit, Nvidia’s Jensen Huang may miss summit

Elon Musk (left), Tim Cook (right) President Donald Trump is heading to Beijing this week for a high-stakes state visit, and according to a report by Bloomberg, the White House has invited top CEOs of American businesses to accompany the President, aiming to secure massive trade deals and new investments. The delegation, reportedly scheduled for…

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