Decades from now, when the postwar baby-boomer set who defined turn-of-the century American politics – the Bushes, the Clintons, Joe Biden, Nancy Pelosi and Bernie and Rumsfeld and all of that gang – are long dead, the historical-verdict fascination with Donald Trump may be framed around his unique monomaniacal ability to reduce the entire spectacle into a non-stop television reality show starring himself.
Key Points
President Donald Trump used his nearly two-hour State of the Union speech to unveil a proposal that would expand savings opportunities to millions of workers who currently lack access to employer-backed retirement plans.
Newsweek contacted the White House via email outside of regular working hours for comment.
» Read more about: What Donald Trump’s New Retirement Plans Mean for Millions of Americans »
By MATT OTT, AP Business Writer
WASHINGTON (AP) — The American consumer’s confidence in the U.S. economy improved slightly in February after cratering a month earlier.
The Conference Board said Tuesday that its consumer confidence index rose to 91.2 in February from an upwardly revised 89 last month.
Dharshini David
Deputy economics editor
» Read more about: Trump nominates Federal Reserve critic Kevin Warsh to run US central bank »
U.S. futures were flat after President Donald Trump’s State of the Union speech, while Asian shares were mostly higher.
Japan’s benchmark briefly hit a record high as investors were cheered by an overnight Wall Street rally driven by optimism about the artificial-intelligence boom.
Tokyo’s Nikkei 225 surged 2.2% to 58,583.12.
» Read more about: Asian stocks gain after optimism about AI sends Wall Street higher »
Shares of Nvidia (NASDAQ: NVDA) head into one of the market’s biggest events of the quarter when the AI chip leader reports fourth-quarter and full-year fiscal 2026 results after market close on Wednesday, Feb. 25. Given the company’s incredible $4.7 trillion market capitalization as of this writing,
Investors are always watching Druckenmiller’s moves, given the famed investor’s superb track record.
There aren’t many better investors, if any at all, than billionaire Stanley Druckenmiller. As a hedge fund manager, Druckenmiller averaged a 30% annual return for three decades and has supposedly never had a year in the red. Today, Druckenmiller manages much of his personal wealth through his family office,
Domestic benchmark indices Sensex and Nifty opened higher on Wednesday, tracking positive cues from global markets and buying in IT heavyweights. The rebound comes a day after a steep, IT-heavy selloff, sparked by fresh concerns over AI-led disruption.
At 9:18 am, the BSE Sensex rose 422.58 points, or 0.51%, to 82,648.50,
During the Tuesday night address, Trump said that, despite the typical 401(k) retirement savings account rising under his administration, millions of working people still do not have access to a retirement plan that includes matching employer contributions.
LIVE UPDATES: TRUMP DELIVERS 2026 STATE OF THE UNION ADDRESS
“To remedy this gross disparity,
» Read more about: Trump pledges new retirement account plans for workers without 401(k)s »