Tag Archives: Bloomberg.com

US Companies, Consumers Are Paying for Trump’s Tariffs, Not Foreign Firms  Bloomberg.com Tariffs haven’t raised prices significantly yet. That’s about to change.  vox.com Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline  Forbes Companies are passing rising tariff costs on to U.S. consumers, real-time pricing data show  The Globe and Mail Tariffs hit U.S. companies hard, but businesses absorb …

US-Japan Trade Deal Hinges on Fund That Remains a Puzzle  Bloomberg.com Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan  CNBC Deals, but no details: Trump’s trade negotiations are big on numbers, light on specifics  NBC News Trump’s ‘massive’ deal with Japan is giving US automakers heartburn  Politico Why Japanese autos might become more attractive to U.S. customers  The …

This Five-Cent Meme Stock Just Made Up 15% of US Trading Volume  Bloomberg.com Source link

Musk Warns That Tesla Faces a ‘Few Rough Quarters’ Ahead  Bloomberg.com Tesla earnings show ongoing fallout from Musk’s broken alliance with Trump  The Washington Post Elon Musk warns of ‘rough quarters’ ahead for Tesla after Trump cancels EV incentives  Financial Times Tesla likely faces ‘a few rough quarters’ from end of US EV support, Musk says  Reuters A big problem for Tesla isn’t getting …

Speaker Johnson Says He’s Become ‘Disenchanted’ With Powell  Bloomberg.com Source link

Trump Says Japan Deal Reached With Tariff Rate Set at 15%  Bloomberg.com Trump strikes trade deal with Japan to cut tariffs  Reuters Trump sets 15% tariff on Japanese imports as part of investment agreement  NBC News Japan auto stocks soar on report of lower tariffs — Toyota jumps over 15%  CNBC Trump announces ‘massive’ trade deal with Japan  Al Jazeera Source link

Summers Says Bessent Right to Question Fed on ‘Overreach’  Bloomberg.com Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Fed reform may move markets more than Powell ouster  Reuters Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Bessent backs Fed independence on rates amid Trump criticism  The Hill Source link

Treasuries Slip With Fed’s Powell Set to Speak on Regulation  Bloomberg.com Stock Market Today: S&P 500, Nasdaq Slip; GM, RTX Earnings in Spotlight — Live Updates  The Wall Street Journal Bessent says Powell doesn’t need to resign but should conduct internal review  CNBC Trump admin live updates: Bessent says there’s no reason for Fed chair to resign  ABC News Bessent disses ‘leakers’ after Wall …

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs  Bloomberg.com G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times Trump tariffs take a $1 billion bite out of GM earnings; shares fall  MSN GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure  CNBC GM’s core profit slides in second quarter as Trump’s tariffs bite  Yahoo Finance …

Bessent Sees No Reason for Powell to Step Down From the Fed Now  Bloomberg.com Exclusive | How Bessent Made the Case to Trump Against Firing Fed Chair Powell – WSJ  The Wall Street Journal Bessent disses ‘leakers’ after Wall Street Journal report on Powell advice  The Hill The Trump-Powell feud keeps heating up. Meet the betting markets’ top picks to replace the Fed …