Business

Not just the taco trade — why stocks should be resilient to tariff news, says Morgan Stanley  MarketWatch Tariffs will hit harder in the coming months, with traders growing weary of the trade drama, Morgan Stanley’s CIO says  Business Insider ‘Beautiful Bill’ to provide slight GDP boost through 2027, Morgan Stanley says  Investing.com Corporate interest in stablecoins grows as US lawmakers kick off …

Bitcoin Price Soars Past $120,000 at Outset of House’s “Crypto Week”  The New York Times Bitcoin Soars Past $120,000 as US Congress Starts ‘Crypto Week’  Yahoo Finance Bitcoin surpasses $120,000 to record highs ahead of U.S. lawmakers’ ‘Crypto Week’  CNBC Bitcoin climbs to record $123,000 as US to debate crypto rules  Reuters Bitcoin Price Soars to a New All-Time High. Can It Keep Going …

Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy  Reuters Can the Next Fed Chair Truly Be Independent From Trump’s Influence?  The New York Times The Fed Is Built to Resist Trump’s Meddling  Bloomberg Trump Keeps Pushing Powell to Lower Interest Rates. It Could Backfire.  Barron’s Monday Moneybeat: The Fed fight  wng.org Source link

Key Takeaways The crypto market cap is getting closer to hitting $4 trillion, led by strong gains in Bitcoin and Ethereum. Growing interest from big investors and global adoption are helping push prices higher.  The cryptocurrency market is once again approaching a major milestone. With total market capitalization nearing the $4 trillion mark, bullish momentum is building across digital assets. …

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson consumer-health business, speaks during an interview with CNBC during his company’s IPO at the New York Stock Exchange (NYSE), May 4, 2023. Brendan McDermid | Reuters Kenvue CEO and board member Thibaut Mongon has stepped down, it said on Monday, in the second big executive change at the consumer health …

Warren Buffett comes out on top from Kraft Heinz flop  Financial Times Exclusive | Kraft Heinz Is Planning a Breakup  The Wall Street Journal Roundup: Kraft Heinz breakup / Quality Jobs program / Customs collections  Baton Rouge Business Report Kraft Heinz Might Split Up, Report Says. What Investors Need to Know.  Barron’s Kraft Heinz is taking the macaroni & cheese out of its ketchup …

Connor Blakley Jams founder Jams The classic peanut butter and jelly sandwich is getting a modern day upgrade and backing from some top athletes. Jams, a new company created by 26-year-old Connor Blakley, launched Monday and hopes to take on Smucker’s Uncrustables as the next locker room and lunch box staple. Like Uncrustables, the sandwiches fall in the frozen foods …

Stock Market Today: Dow Futures Fall After Trump’s EU, Mexico Tariff Threats — Live Updates  The Wall Street Journal Stocks Wobble on Trump’s Latest Tariff Threats  The New York Times European markets head south after Trump slaps 30% tariff on EU  CNBC European shares fall amid fresh Trump tariff threat, autos lead decline  Yahoo Finance World stocks slip as US tariff threats heat-up  Reuters Source …

Tesla Stock Rises. Musk’s Companies Had a Busy Weekend—EV Investors Take Note.  Barron’s Musk says he does not support a merger between Tesla and xAI but backs investment  CNBC Elon Musk promises Tesla shareholders a vote over buying equity in his Grok startup—‘If it was up to me, Tesla would have invested in xAI long ago’  Fortune Exclusive | SpaceX to Invest $2 …

Key Takeaways Hedera crypto’s Token Trading Volume hit record highs after its AI partnership with Accenture and EQTY Lab, as whale accumulation surged and HBAR approached its $0.401 resistance level. Hedera [HBAR] hasn’t looked this active in months—its latest surge may not cool off any time soon. In the past 24 hours, HBAR jumped over 10% amid renewed enterprise adoption …