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After Stock Market’s Torrid Run, Earnings Misses Face Punishment  Bloomberg.comView Full Coverage on Google News Source link

Financial markets have so far mitigated the impact of US President Donald Trump’s tariff threats by repeatedly forcing him to back down. But if investors become desensitized to Trump’s trade theatrics, they may embolden him to follow through. NEW HAVEN – Three months after President Donald Trump announced plans to impose sweeping new tariffs on most countries, the US economy …

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President Trump displays the GENIUS Act — the first major crypto legislation passed by Congress — after signing it in the White House in Washington, D.C., on July 18, 2025. Brendan Smialowski/AFP via Getty Images hide caption toggle caption Brendan Smialowski/AFP via Getty Images For years, the U.S. government has adopted a hands-off approach to cryptocurrencies, deeming them too dangerous …

Sarepta says it won’t comply with FDA request to stop shipping gene therapy Elevidys  Reuters Sarepta Refuses FDA Request to Stop Shipping Muscular Dystrophy Drug Elevidys  The New York Times Sarepta shares plunge 40% as future of its gene therapy appears at risk  CNBC Third death from a Sarepta gene therapy  biocentury.com We are mothers of Duchenne patients. Recent setbacks with Sarepta must not …

How Three Friends Built a Multimillion-Dollar Brand by Making Sunscreen Fun Again  The Wall Street Journal Source link

House China Panel Faults Trump’s Move to Ease Nvidia AI Chip Sales  Bloomberg Top Republican on China panel objects to resumption of Nvidia H20 chip shipments  Reuters How Nvidia’s Jensen Huang Persuaded Trump to Sell A.I. Chips to China  The New York Times Nvidia CEO Huang Just Met With China’s Commerce Minister. Why the Stock Is Gaining.  Barron’s NVIDIA CEO Jensen Huang Promotes AI …

Torsten Slok, the chief economist at Apollo, issued a warning for U.S. consumers of what to expect at the end of the year. In an interview with Bloomberg, Slok on Thursday said that the President Donald Trump’s tariffs will push prices higher until inflation is expected to peak in November or December. Slok said that he “absolutely” believes that inflation …

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US President Donald Trump signed a law to create a regulatory framework for stablecoins. This could create a way for the US-dollar-based cryptocurrencies to come into regular use for making payments and moving money. The bill, also known as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), passed in the House of Representatives by a vote of 308 …