President Donald Trump has directed the Treasury Department to halt the production of new pennies, calling the continued minting of the one-cent coin "wasteful." On Sunday night, Trump posted on his Truth Social platform that the cost of producing each penny exceeds...
KO’s Stock Pops
Coca-Cola (KO) saw a significant uptick in stock value recently following positive remarks from the company’s CFO, John Murphy. Speaking during the company’s fourth-quarter earnings call, Murphy addressed concerns about rising aluminum prices, stating that while the...
Trump Pushes to End Penny Production
President Donald Trump has directed the Treasury Department to halt the production of new pennies, calling the continued minting of the one-cent coin "wasteful." On Sunday night, Trump posted on his Truth Social platform that the cost of producing each penny exceeds...
Steel Stocks Soar as Trump Announces New Tariffs, But Economic Fallout Looms
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...