Crypto prices had recovered but GOP lawmakers were at an impasse on crypto legislation despite President Trump’s “crypto week” declaration.
2 minute read
Archer-Daniels-Midland, a leading processor and trader of agricultural commodities like corn, saw its stock tumble 5% in after market trading.
1 minute read
The blanket rate for smaller trade partners will likely be around 10%, Trump said.
2 minute read
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
Long Read
The stock market has largely tuned out the past week’s tariff drama. But TS Lombard Chief Economist Freya Beamish is cautioning investors against complacency because multiple “low-grade shocks” can take their toll like that of a frog in boiling water.
4 minute read
Experts fear the president’s announcement will boost the re-election chances of his Brazilian counterpart.
4 minute read
The Trump administration is allowing exports of the H20 chip after China agreed to a deal on magnets.
2 minute read
Lawmakers failed to clear the way for votes on cryptocurrency-related bills.
2 minute read
The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.
3 minute read
Trump to announce investment in AI, energy, threatens 100% tariffs on Russia, food brands could be ripe for deals, and more news to start your day.
Long Read
The secondary tariffs would work by placing a sanction on any country that trades with Russia.
3 minute read
Citi analyst Jason Gursky sees this year’s half going better for large U.S. defense contractors.
3 minute read
Wall Street is being perhaps too glib about the conflict between Russia and Ukraine.
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Congress ended up raising the retirement age and payroll taxes to make the program solvent.
Long Read
The S&P 500 rally has stalled and Wall Street analysts are cautious as tariff risks accelerate.
3 minute read
President Donald Trump again called for Powell to step down as Chair of the Federal Reserve.
2 minute read
EU, Mexico press for trade deal, inflation data coming this week, major banks kick off earnings season, and more news to start your day.
Long Read
German Chancellor Friedrich Merz said that Trump’s threat of 30% tariffs on goods from the European Union would hit the German export industry “to the core,” and vowed to work toward a solution.
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Americans will pay the price for the president’s political grudge against Brazil, Brian P. Klein writes in a guest commentary.
4 minute read
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
3 minute read