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Financial Institutions Manage President Trump's $858 Million Investment Portfolio

Financial Institutions Manage President Trump's $858 Million Investment Portfolio

JPMorgan, Schwab, and UBS are among the financial institutions managing President Trump's $858 million investment portfolio, according to a CNBC analysis of his 2025 financial disclosure. The portfolio is managed through discretionary accounts that rely on automated strategies to minimize conflicts of interest. The disclosure reveals extensive trading activity, with over 21,000 trades in 2025, primarily managed by Schwab. The Trump Organization states that outside financial institutions control investment decisions, reducing potential conflicts of interest.
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Senator Grassley Urges President Trump to Declassify Nazi War Crimes Documents Amid UBS Investigation

Senator Grassley Urges President Trump to Declassify Nazi War Crimes Documents Amid UBS Investigation

Senator Chuck Grassley, a Republican from Iowa, has called on President Donald Trump to issue an executive order to declassify federal records related to Nazi war crimes. This request is part of Grassley's ongoing investigation into Credit Suisse and its predecessor banks, now owned by UBS, which have been scrutinized for their dealings with the Nazis during World War II. Grassley has sent letters to ten federal agencies, demanding compliance with the 1998 Nazi War Crimes Disclosure Act by August 5. The senator's push for transparency aims to uncover historical truths and hold institutions accountable for their past actions.
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Oil jumps nearly 7% on escalating Middle East airstrikes

Oil jumps nearly 7% on escalating Middle East airstrikes

By Stephanie Kelly LONDON, July 29 (Reuters) - Oil prices jumped nearly 7% on Wednesday as major airstrikes resumed in the Middle East and dashed hopes for an imminent end to the U.S.-Israeli war with Iran, while industry data showed U.S. crude inventories fell.
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Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges

Shein Files Draft Prospectus for Hong Kong IPO Amid Trade Challenges
Reuters Reuters
Oil jumps 7% on escalating Middle East airstrikes

Oil jumps 7% on escalating Middle East airstrikes

By Nicole Jao NEW YORK, July 29 (Reuters) - Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed crude inventories fell to a multi-year low.
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Oil touches over one-week low as pause in attacks brings hope of US and Iran deal

Oil touches over one-week low as pause in attacks brings hope of US and Iran deal

By Anushree Mukherjee July 28 (Reuters) - Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.
TheStreet TheStreet
JPMorgan just sent stock market investors a signal worth watching

JPMorgan just sent stock market investors a signal worth watching

CNBC released a podcast interview with Jamie Dimon on July 21. He said he would not buy U.S. stocks or long-dated Treasurys at current prices. He said the market was underpricing risk and that investors were too comfortable. Six days later, JPMorgan's own trading desk published a note saying the ...
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Analysis-Fed's 'hawkish hold' muddies path for stocks and bonds

Analysis-Fed's 'hawkish hold' muddies path for stocks and bonds

By Gertrude Chavez-Dreyfuss NEW YORK, July 30 (Reuters) - Investors searching for clarity from a newly led U.S.
TheStreet TheStreet
Bessent doubles down on tax cuts’ payoff

Bessent doubles down on tax cuts’ payoff

Most financial wins do not announce themselves. They show up as a slightly bigger deposit, a number you glance at once and then forget, and by the following month, the money has already been absorbed into groceries and a car payment and whatever the dog needed at the vet. You felt it for about a ...
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Oil touches over one-week low as pause in attacks brings hope of US/Iran deal

Oil touches over one-week low as pause in attacks brings hope of US/Iran deal

By Anushree Mukherjee July 28 (Reuters) - Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.
AP News AP News
Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Oil prices sink 4% while Asian shares gain as Chinese chipmaker CXMT soars in Shanghai trading debut

Shares are mostly higher in Asia as oil prices slipped more than 4% after the U.S. and Iran paused their attacks for a second night
Reuters Reuters
Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices dip over 6% after US, Iran pause fighting over weekend

By Florence Tan and Trixie Yap SINGAPORE, July 27 (Reuters) - Oil prices tumbled more than 6% on Monday after the U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the