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Morning News: June 3, 2025
Posted by Eddy Elfenbein on June 3rd, 2025 at 7:05 amGlobal Markets Mostly Lower on Continued Trade Tensions; Eurozone CPI Data In Focus
Trump Tariffs Are Hurting US and Global Economy, OECD Warns
OECD Warns That World Growth to Slow Amid Trade Turmoil
Saudi Arabia’s Hurdles at Home Are Reshaping the Mideast Financial Order
Eurozone Inflation Falls Below Target
Switzerland Records Deflation for First Time in Four Years
Switzerland Poised to Pitch Tough New Capital Rules for UBS
Bank of England to Keep Cutting Rates But How Far, Fast Is Unclear, Bailey Says
BOJ’s Ueda Says Rate Hikes Will Only Come When Economy Is Ready
India Considers Easing Bank Ownership Rules as Foreign Interest Grows
Mismanagement Is Putting Dollar’s Global Standing in Jeopardy
Sahm: Inflation Expectations Are Now Just Tariff Expectations
899 — The Three Numbers Alarming the Bond Market
Investors Say They’re Moving Away From ESG as ‘an Umbrella Concept’
Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Newsom, Pritzker and High Tax Blue States Offer Red States a Huge Gift
Where Do I Fall in the American Economic Class System?
Consumers Are Financing Their Groceries. What Does It Say About the Economy?
Companies Rely on Delaware Courts. Lawyers Reap Huge Fees There.
Elon Musk Returns to His Tech Empire, Facing Questions of Inattention
China’s Manus Shows the Promise of AI Agents
Trump’s Big Steel Party Exposes Japan’s Growth Conundrum
Carlos Slim Is Quietly Becoming Pemex’s Partner of Last Resort
Meta to Buy Nuclear Power From Constellation as AI Demand Soars
Viper Energy to Acquire Sitio Royalties in $4.1 Billion Stock Deal
Toyota Industries $33 Billion Buyout Faces Investor Criticism Over Discounted Price
Hims Looks to Expand to Europe With Zava Acquisition
Dollar General Shares Zip Higher After Retailer Raises Outlook
The Economic Costs of Wearing Guardian Caps In the NFL
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Morning News: June 2, 2025
Posted by Eddy Elfenbein on June 2nd, 2025 at 7:08 amAsian Manufacturing Activity Stumbles Again Under Weight of Trump Tariffs
Oil Leaps More than 3% After OPEC+ Keeps Output Increase Unchanged
U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
Valterra Platinum Shares Start Trading in London
China Rejects Trump’s Accusation That It Violated Trade Truce
As Courts Call Tariffs Into Question, Trump Again Turns to His Favorite Tool
The Imports the U.S. Relies On Most From 140 Nations, From Albania to Zimbabwe
ECB Set to Cut Rates Again and Keep Options Open
Fed’s Waller Highlights a Path to 2025 Rate Cuts
Stanley Fischer, Groundbreaking Economist and Fed Vice Chair, Dies at 81
Why the S&P 500 Is Cruising Through Policy Upheaval
Buyers’ Strike Rocks US Long Bond as DoubleLine, Pimco Stay Away
A New Ratings Game: 3,000 Deals, 20 Analysts, Lots of Questions
Senate Begins Putting Its Stamp on Giant Trump Tax, Debt Limit Bill
A Peach and Apple Farmer’s Uphill Quest to Feed Poor Families, and His Own
Trump Plans to Offload National Park Sites, But States Don’t Want Them
The Corporate Culture Wars Have a Strange New Coalition
The C.E.O. Other C.E.O.s Turn To for Advice
Wall St. Is All In on A.I. Data Centers. But Are They the Next Bubble?
Arizona’s Water Is Vanishing Before AI Gets a Crack at It
Tesla Sales Plunge 67% to an Almost Three-Year Low in France
Elon Musk’s Chatbot Can Be ‘Non-Woke’ or Truthful, Not Both
How Europe Is Losing the Global Tech Race, in Five Charts
Amazon Hit by German Warning Over Price Controls on Marketplace
Bristol to Pay BioNTech Up to $11.1 Billion in Cancer Deal
Sanofi to Buy Blueprint Medicines for Up to $9.5 Billion in Boost to Pipeline
EU Fines Delivery Hero, Glovo $373 Million in Cartel Probe
Indian Billionaire Gautam Adani Comes Under New Scrutiny from U.S. Prosecutors
Can Gen Z’s Nostalgia Save Chain Restaurants?
How ‘Lilo & Stitch’ Became One of the Most Profitable Movies in Years
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Morning News: May 30, 2025
Posted by Eddy Elfenbein on May 30th, 2025 at 7:03 amIndia’s Economic Growth Accelerates Despite Headwinds
Rising Inflation, Weak Production Put Bank of Japan in Tough Spot
How Russian Fortunes Stranded by US Sanctions Rocked Liechtenstein
Sliding Oil Prices Have Reopened the Door to Russian Crude
US Driving Season Starts Strongly for Oil Refiners
Twisty Path to a Deal: Is Nippon Steel Finally About to Land U.S. Steel?
Declining Inflation in Eurozone Nations Readies ECB for Rate Cut
The Swamp Wins Again, Even Against Elon Musk
Economists Cautiously Cheer Court Ruling Striking Down Trump’s Tariffs
Trump’s Tariff Options Slower, More Complex If Court Fight Fails
Trump’s Team Plots Plan B for Imposing Tariffs
Tariff Ruling Gives Businesses Hope, but They’re Soon Unmoored Again
This TACO Gives Trump Indigestion, So Watch Out
Trump Tells Powell He Is Making a Mistake by Not Cutting Interest Rates
The Bond Market’s Faith in America Is Facing a Severe Test
S.E.C. Drops Lawsuit Against Binance, a Crypto Exchange
Trump’s Tax Bill Has Nasty Surprise in SALT Fine Print for Some Rich Americans
How Trump’s Regulatory Rollbacks Are Increasing Costs on Americans
‘Bellwether of Risks’: What ‘Buy Now, Pay Later’ Defaults Say About the Consumer
Don’t Call It a Side Hustle. These Americans Are ‘Polyworking.’
Trump Taps Palantir to Compile Data on Americans
Chinese Students Ditch US Plans as Trump Vows Crackdown on Visas
Harvard’s Commencement Showcased a United University
The Judge’s Data Dilemma in the Google Search Case
Consultants are Taking Over the World’s Corner Offices
Nvidia Lays Out Worst-Case Scenario in Bid to Open China Market
Shoe Carnival Backs Guidance, Plans Focus on Premium Brands
Soaring Costs Expose a Trans-Atlantic Chocolate Divide
Celsius Looks Beyond Fitness Buffs in New Marketing Campaign
Wall Street or Vegas: Kalshi Ramps Up Battle Over Legal Gambling
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Morning News: May 29, 2025
Posted by Eddy Elfenbein on May 29th, 2025 at 7:03 amEconomic Debate Begins on Impact of ‘Military Keynesianism’
OPEC+ Prepares Third Dose of Oil Shock Therapy
UK Gas Generation Plunges as Wind Surge Turns Prices Negative
Japan’s Debt, Now Twice the Size of Its Economy, Forces Hard Choices
Bank of Korea Cuts Rates, Slashes 2025 Growth Outlook
Bank of Mexico Cuts Economic Growth Forecasts
Export Controls Are Endangering the Fragile U.S.-China Truce
Companies Turn to Private Credit During Tariff Turmoil for Loans
Trump Trade Strategy Roiled by Court Blocking Global Tariffs
Stocks Jump After Court Blocks Trump’s Tariffs
If Anything, Bond Markets Are Returning to Normal
Opposite Peter Orszag and His Opposites, Government Spending Doesn’t Cause Inflation
The Tax Bill Is Big, But Certainly Not Beautiful for Small Business
The Allure (and Complications) of Trump’s ‘Golden Shares’
DOGE Has Failed to Halt Increases in Federal Spending
A Disillusioned Musk, Distanced From Trump, Says He’s Exiting Washington
The Techno-Futuristic Philosophy Behind Elon Musk’s Mania
If America Doesn’t Want Harvard, Somebody Else Will
The AI Job Suck Is the China Shock of Today
Nvidia Eases Concerns About China With Upbeat Sales Forecast
Senators Bash Nvidia’s Plans for Facility in China
United and JetBlue Form Alliance to Sell Seats on Each Other’s Flights
Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
Best Buy Falls After Trimming Outlook on Hit From Tariffs
Kohl’s Beats Expectations in Wake of Dramatic CEO Firing
Foot Locker Swings to Loss Ahead of Acquisition by Dick’s
One Way to Sell Beer in Britain? Buy Into a Soccer Team.
Sports Stadiums Are Monuments to the Poverty of Our Ambitions
The Rise of the Japanese Toilet
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Morning News: May 28, 2025
Posted by Eddy Elfenbein on May 28th, 2025 at 7:05 amDoing Business in China Is Getting Harder, but Its Exports Are Hard to Resist
Japan Bonds Draw Weak Demand as Rise in Superlong Yields Sparks Concern
Now Is the Moment to Pressure Putin, Not Appease Him
Russian Central Bank Warns of Oil Price Risks as it Defends High Rates
Alberta Wildfires Threaten an Oil Industry Working to Refill Dry Tanks
Central Bankers Bow to Political Winds When It Comes to Climate, Study Shows
Germany’s Jobless Numbers Tick Higher
ECB Says Lagarde ‘Determined’ to Complete Her Term
UniCredit to Double Stake in Greece’s Alpha Bank to Around 20%
US Banks Tiptoe Toward Crypto, Awaiting More Green Lights from Regulators
The GOP’s Budget Bill Will Pass in Spite of Itself
Musk Says He’s ‘Disappointed’ That Trump Tax Bill Raises Deficit
Income Taxation: TheTap Root of Collectivism
Fisher: On the Big Beautiful Bill
Why You Don’t Lose Money in Bonds (If You Wait Long Enough)
Wall Street’s Rush to Launch Vanguard-Style Funds Draws Warnings
Boston Pushes Harvard, Other Colleges for Money Even as Trump Steps Up Attacks
US Home-Refinancing Gauge Falls to Three-Month Low as Rates Near 7%
‘We’re In a Holding Pattern’: Home Sales and Building Slump in the Face of Uncertainty
EU Aims to Cut Red Tape, Boost Funding to Lure Tech Startups
DeepSeek Unveils Update to R1 Model as AI Race Heats Up
Watchdog Probes Illegal Use of Starlink Service in South Africa
Droga Steps Down as CEO of Accenture Song, the Marketing Unit He Helped Build at Consulting Giant
Honeywell Enters Cooperation Pact With Elliott Before Breakup
Brazil Sues EV Giant BYD Over ‘Slavery’ Conditions at Plant
Jeep Maker Stellantis Names Americas Boss as CEO
GM’s Mary Barra on the Auto Giant’s EV Strategy
Macy’s Cuts Profit Outlook Despite Solid Spring-Season Sales
Luxury Brands Are Paying for Over-the-Top Price Hikes
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CWS Market Review – May 27, 2025
Posted by Eddy Elfenbein on May 27th, 2025 at 5:51 pm(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)
The stock market got a nice bounce today after President Trump said he’s going to delay the 50% tariffs on the EU.
It’s interesting how any news of a tariff pause sends the bulls charging but any warning of tariffs to come brings out the bears. It’s clear that Wall Street doesn’t like tariffs.
At one point, the Dow was up more than 740 points today. The S&P 500 was up by 2.0% while the Nasdaq was up by 2.5%. I talk a lot about the 200-day moving average. This is a good example of why. The S&P 500 bounced almost perfectly off its 200-DMA. The Russell 2000 was particularly strong today.
President Trump said he’ll push the EU tariffs back to July 9. He’s making the move as part of a request from Ursula von der Leyen who is the president of the European Commission. The original date for the tariffs was for June 1.
President Trump took to Truth Social: “This is a positive event, and I hope that they will, FINALLY, like my same demand to China, open up the European Nations for Trade with the United States of America.” The EU said it will fast-track trade talks with the U.S.
Through May 19, the S&P 500 had put together a very nice run of 17 up days in 20 sessions. That came to an end last week as the index fell on Tuesday, Wednesday, Thursday and Friday. Today’s rally is walking back most of last week’s damage.
The 30-year Treasury yield fell back below 5%. There were some concerns last week when a Treasury auction showed unusually light interest. This was particularly worrying to some because it shortly followed the credit downgrade from Moody’s.
Interestingly, shares of Tesla (TSLA) got a nice boost today after Elon Musk said he’s going to pull back on his political endeavors. Tesla sold only 7,261 cars in Europe in April. That’s down 49% from last year. The overall EV market saw an increase of 34.1%. Shares of Tesla have lagged the market for more than three years.
When a stock goes up, shareholders will forgive most anything. But when a stock starts to slide, their patience wears thin. All things being equal, I prefer to invest in a company whose CEO keeps a low profile.
We’re not quite done with earnings season, but we’re getting very close. So far, 95% of the companies in the S&P 500 have reported results. Of those, 78% have topped estimates. This week, we’re getting Nvidia’s (NVDA) earnings report which will be very closely watched. The report is due out after tomorrow’s closing bell. Wall Street expects earnings of 75 cents per share. That’s up from 61 cents per share for last year’s fiscal Q1.
The other earnings report to look out for will come from Costco (COST). I highlighted the company last week and explained why I’ve been such a big fan over the years. Last time, Costco had a rare earnings miss ($4.02 versus $4.10 per share). This time, Wall Street expects earnings of $4.23 per share. Costco’s earnings report is due out after the closing bell on Thursday.
We also had good economic news this morning. It seems that consumers are in a much better mood. This morning, the Conference Board’s Consumer Confidence Index came in much stronger than expected. For May, Consumer Confidence was 98.0. That’s an increase of 12.3 points over April. For May, Wall Street had been expecting 86.0.
This snaps a streak of five straight monthly declines. What caused the surge? It seems that President Trump’s decision on May 12 to hold back on the most severe tariffs certainly played a role.
The present situation index increased to 135.9, up 4.8 points, and the expectations index posted a major surge to 72.8, a 17.4-point gain. Investors also showed more optimism, with 44% now expecting stocks to be higher over the next 12 months, up 6.4 percentage points from April.
Views on the labor market also improved, with 19.2% of respondents expecting more jobs to be available in the next six months, compared with 13.9% in April. At the same time, 26.6% expect fewer jobs, down from 32.4%. However, the level of respondents saying jobs were “plentiful” edged higher to just 31.8%, while those saying employment was “hard to get” increased to 18.6%, up 1.1 percentage points.
Consumer confidence was higher for every income bracket. Consumer confidence is an interesting metric to watch because it’s not visible and it’s hard to measure, but if you don’t have it, it can be terrible.
Last week, we had a great earnings report from one our Buy List stocks. Intuit (INTU), the TurboTax people, reported earnings of $11.65 per share. That was up 18% over last year, and it beat Wall Street’s consensus of $10.91 per share.
The CEO said Intuit is “becoming a one-stop shop of AI-agents and AI-enabled human experts to fuel the success of consumers and small and mid-market businesses.”
But the best news is that Intuit raised its full-year guidance. Intuit now see its profits ranging between $20.07 and $20.12 per share. That’s a growth rate of 18% to 19%. The previous guidance had been for 13% to 14%.
Shares of Intuit jumped 8.1% on Friday, and another 3.4% today. The shares hit a new 52-week high today. I won’t give you the “hard sell,” but you can sign up for our premium newsletter here. This is where we discuss our Buy List in greater detail.
The Federal Reserve doesn’t meet for another three weeks, but tomorrow the Fed will release the minutes of its last FOMC meeting. At that meeting, the Fed decided against raising interest rates, which was widely expected, but I’ll be curious to see what the reasoning was inside the Fed.
Over the last few weeks, the market has gradually changed its outlook for the Fed. Wall Street no longer sees the Fed as being willing to lower rates so aggressively.
Futures traders currently see the Fed lowering interest rates in September, but even that’s not an overwhelming proposition. The current probability of a September rate cut is 62%. The market only expects two rate cuts for the rest of this year.
Also today, the Atlanta Fed’s GDPNow model sees Q2 growth of 2.2%. That’s down a little from the prior forecast of 2.4%. The estimate for real gross private domestic investment growth fell from +0.7% to -0.2%. Today’s Case-Shiller Index on home prices showed the first monthly decline in home prices since 2023. The data is seasonally adjusted.
On Thursday, the government will update its report on Q1 GDP growth. The initial report said that the economy grew by only 0.3% for the first three months of this year. I don’t expect to see much of a change.
That’s all for now. I’ll have more for you in the next issue of CWS Market Review.
– Eddy
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Morning News: May 27, 2025
Posted by Eddy Elfenbein on May 27th, 2025 at 7:04 amJapan Will Spend $6.3 Billion to Shield Its Economy From Trump’s Tariffs
Global Bonds Rally as Japan Looks to Stabilize Its Debt Market
China’s Industrial Profit Growth Accelerated in April
Toy Company Still In Crisis Despite Reduced Tariffs on China
China Turns to Consumers to Boost Growth, but Households Are Wary
China’s Soft Spot in Trade War With Trump: Risk of Huge Job Loss
German Consumer Confidence Edges Higher Despite Tariff Uncertainty
Eurozone’s Economic Outlook Picks Up After Tariff Turmoil Abates
French Inflation Declines, Opening Door to ECB Rate Cut
Swiss Watch Exports Jump in April Boosted by U.S. Frontloading
Buying 100% Made in America Is Really, Really Hard. These People Are Trying.
U.S. Ships Championed by Trump Cost 5 Times as Much as Asian Ones
Trump’s China Tariffs Are Having a ‘Massive Impact’ on Small Business
HSBC Cuts Dozens of Analyst Jobs in Investment Banking Overhaul
US Fund Managers Put on Notice by $65 Billion Dutch Investor
The US Is About to Discover if Deficits Don’t Matter
The Silver Tsunami Is Keeping the US Economy on Track
There’s No Such Thing As ‘Exorbitant Privilege,’ There’s Just Production
Stablecoin Issuer Circle, Shareholders Seek $624 Million in IPO
Private Equity Fundraising Plunges Amid Struggle to Return Cash
The Economic Consequences of Destroying Harvard
Singapore’s AI Push Charts Path Toward Localized Models
Tech’s Trump Whisperer, Tim Cook, Goes Quiet as His Influence Fades
Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back?
The Republican Assault on EVs Is Almost Complete
Tesla’s Europe Sales Nearly Halve In April
Yes, That 18-Wheeler on a Texas Highway Is Driving Itself
Salesforce Nears $8 Billion Deal for Informatica
Temu Owner PDD’s Profit Nearly Halves as Revenue Growth Slows to Three-Year Low
Retailers Pummeled by Trump’s Trade War Entertain More ‘Take-Private’ Offers
Inside the Test Kitchens Helping Restaurants Navigate the Trade War
The N.B.A.’s Age of Dynasties Is Over. Will That Hurt Its Business?
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Morning News: May 26, 2025
Posted by Eddy Elfenbein on May 26th, 2025 at 7:14 amGlobal Central Banks Talk Harsh New Economic Realities in Tokyo
Moody’s Rethinks Its Rating Spectrum on the G-7
Trump’s Tariffs: Where Things Stand
The 90-Day Rush to Get Goods Out of China
Your Patio Furniture Set Is Going to Cost a Lot More This Summer
China Has Special Access to Rare Earths — From Myanmar
Big Miners Want New Blood to Tackle an Old Problem
Trump’s Tariffs and Tax Bill May Derail U.S. Battery Industry
Moderate House Republicans Did What They Do Best: They Caved
Chinese Auto Stocks Fall on Fears of Fresh Price War
Xi Mulls New Made-in-China Plan Despite US Call to Rebalance
Chinese, EU Trade Heads to Meet as Trump Tariff Tensions Rise
Trade Between the U.S. and EU Is Massive. We Break It Down.
Trump Delays E.U. Tariffs Until July 9
Ring-Fencing Was a Good Idea That UK Banking No Longer Needs
If They’re Telling You Why Treasury Yields Are Up, They Don’t Know Why
Kashkari Says ‘Not Sure’ on Interest Rate Moves by September
How Student-Loan Crisis Will Show Up in the Economy
Trump Allies Look to Benefit From Pro Bono Promises by Elite Law Firms
Trump Backing for a Nippon Steel Deal Leaves Big Questions
Electric Vehicles Died a Century Ago. Could That Happen Again?
Chinese EV Trucks Will Build the Cities of the Future
Volvo Car to Cut Around 3,000 Jobs
Malaysia, Singapore Explore Importing Wind Energy from Vietnam
Jony Ive’s OpenAI Deal Puts Pressure on Apple to Find Next Big Thing
ChatGPT’s Improved Memory Points Toward a More Personal AI
At Amazon, Some Coders Say Their Jobs Have Begun to Resemble Warehouse Work
Meituan Profit Soars as Revenue Beats Estimates Despite Rising Competition
‘Lilo & Stitch’ and Tom Cruise Add to a Box Office Boomlet
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Morning News: May 23, 2025
Posted by Eddy Elfenbein on May 23rd, 2025 at 7:03 amEU Agrees to Reinstate Trade Quotas on Ukraine as War Drags on
Sorry, Donald Trump, But Ukraine Is Your War
How Middle East Oil Giants Are Building Soft Power
Big Gas Cheered by Evidence Chinese Demand Remains Strong
China’s Lithium City Is a Front Line of the Battery Trade War
Japan Consumer Inflation Picks Up on Higher Energy, Food Prices
Eurozone Wages Slowed Sharply Ahead of Tariff Blow
Germany Upgrades First-Quarter Growth on Manufacturing Strength Ahead of Tariffs
U.K. Retail Sales Rise for Fourth-Straight Month, Boosted by Warm Weather
U.K. Consumer Sentiment Edges Up From Low Mood as Tariff Turmoil Eases
Trump Threatens a 50% Tariff on EU Goods Starting in June
Bond Market to Washington: We’ll Make You Pay
Republicans Harness Tax Code to Punish Trump’s Political Nemeses
The Republican Tax Bill Could Sharply Slow E.V. Sales
US Debt Limit Nail-Biter Looms as Senate Ponders Trump Tax Bill
Treasury Sounds Death Knell for Penny Production
US Firms Face Biggest Hit on Trump Tariffs, HSBC Survey Says
Under Trump, a Mainstay for Small Businesses Clamps Down
CEOs Can Stop White House Attacks — If They Act Now
Empathy and Ethics Needed In the C-Suite
The FTC’s Fruitless Search for ‘Relevant Markets’
Harvard’s Foreign Students Are Stunned and Devastated by Trump’s Ban
Booz Allen Hamilton Revenue, Outlook Below Estimates
Dillard’s Sues Wells Fargo for Allegedly Abandoning Co-Branded Card Relationship
Trump Threatens 25% Tariffs on Apple If iPhones Not US Made
Surge of Successful Tech IPOs Gives Hope to Silicon Valley Startups
AI ‘Washers’ Can’t Exaggerate Their Way Out of This One
The Obesity-Drug Battle Is Heating Up After Novo’s CEO Ouster
OnlyFans Owner in Talks to Sell to Investor Group at About $8 Billion Value
Why Is IMAX Suddenly Everywhere?
Are You Smarter Than a Billionaire?
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Morning News: May 22, 2025
Posted by Eddy Elfenbein on May 22nd, 2025 at 7:05 amMetal Traders Are Beginning to Look Past China’s Economic Woes
India’s Central Bank Cautiously Upbeat on Economy Despite Trade Risks
BOJ Board Member Noguchi Calls for ‘Measured, Step-By-Step Approach’ to Rate Hikes
From Wealth Management to Tourism, the Gulf Reimagines Its Role
OPEC+ Discusses Another Super-Sized Output Hike for July
Barbarism Against Israelis Is Bigger Than Hamas
France and Saudi Arabia Aim to Disarm Hamas in New Peace Push
Eurozone Business Activity Declines Despite Tariff Respite
EU to Delay Bank Rules as It Waits for Trump’s Deregulation Moves
U.S. Trade Deals With Allies ‘Suboptimal’ Solution to Tariff Drag, EU’s Dombrovskis Says
It’s ‘Crunch Time’ for US Importers Facing Tariff Deadlines, Customs Audits
Trump Tax Bill Narrowly Passes House, Overcoming Infighting
The House Passed Trump’s Megabill. Bond Investors Are Worried.
Bond Market Warns Trump, Congress on Dangers of Swelling Deficit
Dimon Warns of US Stagflation Risk, Says Fed Right to Hold
Deutsche Bank CEO Calls 2025 a ‘Year of Reckoning’
Canada’s TD Bank Tops Profit Estimates, Announces Job Cuts
Crypto Crime Is the Future. Bank Heists Are History.
The Trump Family’s Money-Making Machine
Elon Musk on Political Spending: ‘I Think I’ve Done Enough’
Musk’s Political Backpedal Leaves X Searching for Relevance
Meet the IT Companies That Say DOGE Is Good for Business
What Trump’s Apple Threat Means for India’s Tariff Negotiations
Jony Ive and OpenAI Make a Long-Shot Bet to Kill the iPhone
Facebook Is Powerful Evidence That Meta Is Not a Monopoly
Deepfake Laws Bring Prosecution and Penalties, but Also Pushback
Why Bureaucrats Are Bad for Businesses and Brands
Trump’s Funding Threats Build a Case for Private High-Speed Rail
Nike to Sell Products on Amazon Following Five-Year Absence
Wes Anderson, De Niro Push Back Against Trump Tariffs in Cannes
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