Scavino is the third top official who, along with two others, sold Trump Media stock with the combined value of up to $10 million before tariffs news

Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.

Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

But the top Trump advisor picked April 1, the day before Trump announced sweeping tariffs, to make the sale, according to disclosure reports obtained by USA TODAY. Trump and his congressional supporters trumpeted their just-passed tax and spending law, saying it will turbocharge economic growth.

India's equity benchmarks are expected to open little changed on Wednesday, with investor caution deepening after U.S. President Donald Trump threatened steep tariffs on pharma imports, a key export segment for India.

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures.The stock market rally had a narrowly mixed session on the major indexes. Trump tariff headlines were in focus.

President Trump on Tuesday vowed to not back down on his new Aug. 1 deadline on tariffs — but Wall Street isn’t convinced.