Investors are getting accustomed to a familiar pattern known on Wall Street as ‘TACO' — the assumption that the president eventually reverses policies that threaten to sink the market
As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
U.S. President Donald Trump on Wednesday backed off from his plan to impose new tariffs on some European countries resisting his effort to obtain Greenland and promised he wouldn't use force to get the Danish territory, sparking a rally for stocks.
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
