Business

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case  MSNView Full Coverage on Google News Source link

The upcoming week marks the beginning of earnings season, with a lineup of heavyweights across banking, healthcare, tech, and industrials. Big banks lead the charge with reports from JPMorgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), Goldman Sachs ( Source link

Nvidia’s Huang Says China’s Military Unlikely to Use US AI Chips  Bloomberg Nvidia CEO to hold media briefing in Beijing on July 16  Reuters U.S. senators warn Nvidia CEO Huang about his upcoming China trip  CNBC China plans 39 AI data centers with 115,000 restricted Nvidia Hopper GPUs — move raises alarm over sourcing, effectiveness of bans  Tom’s Hardware Nvidia CEO China trip alarms …

National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025.  Kevin Lamarque | Reuters National Economic Council Director Kevin Hassett said Sunday that whether the Trump administration has the authority to fire Federal Reserve Chair Jerome Powell is “being looked into.” “But certainly, if there’s cause, he does,” Hassett said …

Where’s the inflation from tariffs? What stocks and earnings tell us about rising prices with June CPI on deck.  MarketWatch Global Economy: US Inflation to Pick Up on More Tariff Pass-Through  Bloomberg Week Ahead for FX, Bonds: U.S. Inflation Data in Focus  The Wall Street Journal June CPI Report To Show First Signs Of Tariff-Related Inflation  Seeking Alpha June Inflation Report Will Show Impact …

Beshear says Trump’s tariff spree undermines the president’s supporters  Politico Warsh Calls for ‘Regime Change’ at Fed  Barron’s Beshear blasts Trump tariffs: ‘It is chaos. It is increasing costs’  The Hill Warsh Calls for “Regime Change” at Fed, EU Strikes Conciliatory Tone Over Tariff Threat, More  Bloomberg Former Fed governor says Trump is right to be frustrated with Powell’s restrictive policies  Fox Business Source link

We’ve all been there—we need to use the bathroom on a plane, but we’re not sure when to go. Thankfully, flight attendants and travel professionals have a few thoughts on the best times to go. Using the airplane bathroom can be complicated. Get the timing wrong, and you could be stuck in a line that runs past the galley, or …

Here’s a recap of the latest news about Intel’s layoffs, including the bombshell numbers for Oregon that came out Friday night. New CEO Lip-Bu Tan is streamlining Intel’s operations and reducing spending in response to a sharp downturn in sales and technological setbacks that rendered Intel an also-ran in an industry it helped invent. Intel had been firing workers all …

One Elon Musk business might be making a big investment in another. According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley …

Lines extend outside Lambert Airport terminal as large St. Louis convention group leaves  FOX 2 Source link