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Trump’s deal with Air Force One causing turbulence for Boeing

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Former US President Donald Trump’s new deal for Air Force One wasn’t good for Boeing

The plane-maker’s chief executive says it was a bad deal and expects a loss of over 1 billion dollars on the two planes for the White House.

Trump renegotiated the Boeing contract, calling the initial deal too expensive.

The new agreement made Boeing, not taxpayers, responsible for changes to costs.

“Air Force One” is a name used for any aircraft carrying the US president.

However the term is mostly used to refer to the two highly customised Boeing 747 jets.

Before Trump was elected, the US government had a 4 billion dollar contract with Boeing to build two or more new planes.

This was cancelled when Trump became President.

Boeing Chief says Covid and inflation is to blame too, but during a conference call with investors the chief said there were a very unique set of risks that Boeing probably shouldn’t have taken” during the Air Force One talks.

Boeing is a major government and defence contractor for the U-S and design planes for the White House that are able to fly in worst-case security scenarios.

The planes were supposed to be delivered by 2024 but are behind schedule, according to reports.

FILE – In this file photo a Boeing 777X airplane takes off on its first flight with the Olympic Mountains in the background at Paine Field in Everett, Wash. Boeing is reporting another huge loss, this one because of a setback to its 777X widebody jetliner. Boeing said Wednesday, Jan. 27, 2021, it lost $8.4 billion in the fourth quarter on weaker demand for planes during the pandemic. (AP Photo/Ted S. Warren, File)

Boeing disclosed it has lost $660 million this quarter on the programme.

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Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

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As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.


As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.

Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.

Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.

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#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews


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Stocks hit record high as Powell faces investigation and Trump proposes credit cap

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

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S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.


The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.

Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.

In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.

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#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures


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Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

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Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.


This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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#EarningsSeason
#InflationWatch
#StockMarket
#BigBanks
#TechStocks
#CorporateEarnings
#InvestingNews
#EconomicData


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