On Wednesday, US Commerce Secretary Howard Lutnick established a new timelines relating to the launch of Trump’s ‘gold card’ website. Serving as a replacement for the existing EB-5 immigrant investor scheme, the US president’s new program will allow wealthy foreigners to seek for permanent residency in exchange for a $5 million investment. While at Axios’
US stock futures pulled back on Wednesday as Wall Street braced for a busy day of Big Tech earnings and digested President Trump’s latest move on tariffs. Dow Jones Industrial Average futures (YM=F) slipped 0.2%, while S&P 500 futures (ES=F) dropped 0.4%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) slid 0.5%. CME – Delayed Quote
Housing stocks have struggled this year as mortgage rates ride a roller coaster amid Trump’s sweeping tariff plans. However, according to Wedbush, that turbulence could offer a buying opportunity. “We would use the sell-off as a buying opportunity for builders that generate 50% or more of annual sales from move-up and active adult buyers since
Housing stocks have struggled this year as mortgage rates ride a roller coaster amid Trump’s sweeping tariff plans. However, according to Wedbush, that turbulence could offer a buying opportunity. “We would use the sell-off as a buying opportunity for builders that generate 50% or more of annual sales from move-up and active adult buyers since
In a move that has sparked both intrigue and controversy, U.S. Commerce Secretary Howard Lutnick announced the sale of 1,000 Gold Cards this week, raising $5 billion in a single day. Priced at $5 million each, President Trump introduced these Gold Cards in February 2025, as an opportunity for wealthy foreign citizens to work and
US stocks edged higher on Wednesday, eyeing a rebound from a sharp sell-off, amid hopes that President Donald Trump could soon scale back his new tariffs on Canada and Mexico. But a soft print on labor-market hiring revived worries about a slowdown. The S&P 500 (^GSPC) rose about 0.1% while the Dow Jones Industrial Average
US stock futures rose after Commerce Secretary Howard Lutnick hinted that President Donald Trump may provide a pathway to tariff relief for Canada and Mexico as soon as Wednesday. Futures attached to the tech-heavy Nasdaq (NQ=F) and the benchmark S&P 500 (ES=F) climbed 0.6%. Futures attached to the Dow Jones Industrial Average (YM=F) advanced 0.5%.
President Donald Trump said Tuesday that he plans to offer a “gold card” visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors. “They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people,