Liz Hoffman

1 week ago | semafor.com | Liz Hoffman

The Federal Reserve is resisting pressure from the White House and Washington to spur big banks to buy more Treasury bonds, a reluctance that could further shake an unnerved market for US debt. Wild swings in Treasury prices forced President Donald Trump to reverse course on his sweeping tariffs, and investors remain spooked even after his backtrack. Higher yields on government bonds are a sign of stress and eroding faith in the American government to pay its bills.

2 weeks ago | semafor.com | Liz Hoffman

It turns out there was a “Trump put.” It just had a lower strike price than we thought and was on a different market. Investors who had clung to the idea that enough pain would force Donald Trump to buy back his policies — a “put” in market-speak — turned out to be correct, but it wasn’t the $10 trillion that vanished from stock portfolios since last Thursday that did the trick.

2 weeks ago | flipboard.com | Liz Hoffman

2 hours agoVideo captured by the White House shows Donald Trump bragging that friend and investor Charles Schwab made two billion dollars from the current stock market chaos. In a video posted to X Wednesday (9 April), the president introduced NASCAR drivers to the founder and chairman of Charles Schwab Corporation, a multinational financial services company. “It’s not just a company, it’s actually an individual,” Trump told the racing drivers.

2 weeks ago | semafor.com | Liz Hoffman

US President Donald Trump’s tariffs are tanking markets, forcing allies and adversaries to respond, and making it all but impossible for business leaders to feel comfortable making long-term investment plans of the kind the White House wants.

2 weeks ago | semafor.com | Liz Hoffman

“Oh sh*t,” Restoration Hardware CEO Gary Friedman said upon learning that his shares were down 30% after the White House made its Liberation Day splash. “I just looked at the screen.”His comments, on a live earnings call with stock analysts, captured the feeling in the business world, which was shocked by the arrival of tariffs that President Donald Trump has talked nonstop about for more than a year.