Tag Archives: Bloomberg

Fed Independence Is a ‘Myth,’ JPMorgan’s Benhamou Says  Bloomberg Trump’s Attacks on Powell and the Fed Ripple Through Global Economy  The New York Times Why Some Trump Allies Want to Protect the Fed’s Independence  Politico What History Tells Us About the Perils of Firing Jerome Powell – WSJ  The Wall Street Journal A well-run economy needs an independent Federal Reserve, says former reserve bank …

Asian Stocks Edge Up After US Gains, Dollar Dips: Markets Wrap  BloombergView Full Coverage on Google News Source link

Texas’ Paxton Threatens to Arrest Democratic Lawmakers If They Flee to Block Redistricting  Bloomberg Newsom threatens to redraw California House maps in protest at Texas plan  The Guardian Texas Legislature Special Session Will Answer Questions About Redistricting, Floods  The New York Times Trump tells Texas Republicans to redraw the state congressional map to help keep House majority  AP News House Dems are California dreamin’  Punchbowl …

Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates  Bloomberg Trump Wants Lower Rates. Firing Powell Could Push Them Higher.  The New York Times Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy  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 …

Microsoft’s Copilot Is Getting Lapped by 900 Million ChatGPT Downloads  Bloomberg OpenAI Is Eating Microsoft’s Lunch  Gizmodo Microsoft Copilot vs ChatGPT: Who is winning the AI war? This is what data is saying  India Today ChatGPT garners 900 million downloads, leaves behind Copilot, Gemini, and DeepSeek in AI race  Moneycontrol Microsoft’s Copilot vs. ChatGPT: A Race Against Fragmentation and Virality  AInvest Source link

US Retail Sales Surge in Broad Advance, Topping Estimates  Bloomberg Retail sales jumped more than expected last month  CNN Retail sales snap back after tariffs are dialed down. Economy still expanding at decent pace.  MarketWatch US retail sales beat expectations in June  Yahoo Finance Retail sales jump after spring pullback in shopping  Axios Source link

Sarepta Soars as Gene Therapy Stays on Market With Warning  Bloomberg Sarepta Therapeutics Announces Strategic Restructuring and Pipeline Prioritization Plan to Maintain Long-term, Sustainable Growth and Provides Update on ELEVIDYS Label  Sarepta Therapeutics Sarepta pivots to siRNA and lays off 500 staffers as Elevidys gets box warning  Fierce Biotech Sarepta Therapeutics Halts ELEVIDYS Shipments for Non-Ambulatory DMD Patients  Yahoo Finance Sarepta Therapeutics lays off …

Options Traders Bet TSMC Shares Will Extend Gains After Results  Bloomberg TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong  CNBC TSMC quarterly profit seen hitting record, but Trump tariffs, forex a concern  Reuters Taiwan Semi profit booms by 61% as Nvidia buoys demand  MarketWatch TSMC June 2025 Revenue Report  Taiwan Semiconductor Source link

Asian Stocks Waver at Open After Trump-Powell Saga: Markets Wrap  Bloomberg Trump Has Penned Letter To Fire Fed Chair Jerome Powell  The New York Times Donald Trump’s escalating attacks on Federal Reserve unnerve investors  Financial Times Trump floats firing the Federal Reserve chair as White House criticism boils  NPR Why has Trump just called his own supporters ‘stupid’?  Sky News Source link

The Quest for a Hangover-Free Buzz  Bloomberg Source link