Business

Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope  The New York Times Fed’s rate-cut delay intact as inflation fears override Trump pressure  Reuters How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision  PBS Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts  Fortune Trump Reacts to Inflation News …

Wells Fargo exit ban revives fears about doing business in China  Reuters Exclusive | U.S.-Based Wells Fargo Banker Blocked From Leaving China  The Wall Street Journal Wells Fargo Suspends China Travel After Banker Was Blocked From Leaving  Bloomberg.com Wells Fargo halts travel to China after senior banker hit with exit ban  Financial Times Factbox-Foreign Firms’ Executives Entangled in Chinese Probes  US News Money Source link

3M Gives Investors a ‘Beat and Raise.’ The Stock Is Rising.  Barron’s Earnings live: 3M, American Express, Charles Schwab Q2 results surpass estimates  Yahoo Finance Maplewood-based 3M dodges major tariff hit, now expects profits to improve this year  Star Tribune 3M shares jump to four-year high after Q2 beat and raise (MMM:NYSE)  Seeking Alpha 3M Hikes Earnings Outlook in Boost to CEO’s Turnaround Plan  Bloomberg.com …

China Lifts Exports of Rare-Earth Products After Trade War Curbs  Bloomberg.com China’s spy agency attacks foreign efforts to ‘steal’ rare earths  Reuters Legislators Embrace Technology Recycling to Compete With China  The Wall Street Journal Beyond Rare Earths: China’s Growing Threat to Gallium Supply Chains  CSIS | Center for Strategic and International Studies China pledges to crack down on illicit exports of rare earths, urges …

When it comes to government-backed small business loans, a little known $14 billion tech-focused bank in North Carolina called Live Oak dominates. Unfortunately Wall Street pays it no respect. Ifsmall business is the beating heart of the American’s $30 trillion economy then it might be surprising to find out that the lifeblood it counts in the form of funding via …

Assess: Before adopting any tool, Gibson Dunn runs a three-step review process, said Meredith Williams-Range, the firm’s chief legal operations officer. Tools must first pass an internal audit covering security, privacy, and risk. Next, they undergo proof-of-concept testing with a small group. Finally, tools must demonstrate real value to lawyers through hands-on use, a process that can take days or, …

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Bitcoin Price, XRP Gain as Genius Act Passes Congress. Trump Has a Bigger Plan for Cryptos.  Barron’s This Unstoppable Cryptocurrency Is Now As Big As Amazon, and It Could Soar By Another 10,500%, According to Strategy’s Michael Saylor  Yahoo Finance Bitcoin is nearly double where it was a year ago. This is what’s behind the run  CNBC Why the Price of Bitcoin Keeps …

WASHINGTON (AP) — President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates. But the extensive use of marble in the building is, at least in part, the result of policies backed by Trump …

Stock Market Today: Dow Futures Rise Ahead of Big-Name Earnings — Live Updates  The Wall Street Journal Stock market today: Dow slips as S&P 500, Nasdaq trim gains to hover near latest records  Yahoo Finance Wall Street set for tepid open as Netflix fails to ignite  Reuters US stocks open up on earnings. S&P 500 and Nasdaq reach new record highs again  USA Today …