Topline President Donald Trump on Tuesday said his tariffs are taking in “trillions of dollars”—which matches estimates from some economists for revenue his levies could generate, but over the next decade, not so far this year. Treasury Secretary Scott Bessent has projected tariff revenue would reach $300 billion per year. Getty Images Key Facts “Trillions of dollars are being taken …
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US consumer prices increase moderately; worries about data quality rise – Reuters
US consumer prices increase moderately; worries about data quality rise Reuters Consumer prices rise 2.7% annually in July, less than expected amid tariff worries CNBC Consumer prices rose 2.7% in July. See how your grocery item prices have changed over the past year WPBF Inflation holds steady, but Trump’s tariffs are boosting some prices CNN Jerome Powell’s job just got a whole lot easier …
Read More »World shares hit record as rate hopes, inflation data buoy sentiment – Reuters
World shares hit record as rate hopes, inflation data buoy sentiment Reuters Asian shares rise, dollar defensive after mild inflation data Reuters Global stocks extend rally after US inflation data lifts sentiment Financial Times Japan’s Nikkei 225 hits fresh high as Asia markets track Wall Street gains on Fed rate-cut hopes CNBC Trump’s China trade truce extension spurs market rally The Guardian Source link
Read More »CoreWeave Falls as Losses Widen on Data Center Investments – Bloomberg
CoreWeave Falls as Losses Widen on Data Center Investments Bloomberg CoreWeave shares drop even as revenue and guidance top estimates CNBC Earnings live: CoreWeave, Circle slide as investors scrutinize post-IPO results, Cava stock plunges Yahoo Finance CoreWeave Reports Strong Revenue. The Stock Is Down Sharply. Barron’s CoreWeave revenue beats estimates on AI boom but shares fall on bigger loss Reuters Source link
Read More »‘Rogue waves’ can be 65 feet tall, but they aren’t ‘freak occurrences,’ data from North Sea reveals
Rogue waves have captivated the attention of both seafarers and scientists for decades. These are giant, isolated waves that appear suddenly in the open ocean. These puzzling giants are brief, typically lasting less than a minute before disappearing. They can reach heights of 65 feet (20 meters) or greater and often more than twice the height of surrounding waves. Once …
Read More »Markets double down on September Fed cut after July inflation data
July’s inflation report went about as well as the Fed (and the White House) could have hoped for. The Consumer Price Index (CPI) summary released Tuesday reported inflation notched up 0.2% in July, that’s down compared with the 0.3% increase in June. Over the past 12 months, this brings the headline inflation rate to 2.7%—admittedly still comfortably ahead of the …
Read More »US court says Trump’s Doge team can access social security numbers and other sensitive data | Trump administration
A US appeals court on Tuesday rejected a bid by a group of unions to block the Trump administration government downsizing team known as the “department of government efficiency” (Doge) from accessing sensitive data on Americans. The Virginia-based fourth US circuit court of appeals in a 2-1 decision said the unions were unlikely to prevail on claims that Doge would …
Read More »US court says Trump's DOGE team can access sensitive data – Reuters
US court says Trump’s DOGE team can access sensitive data Reuters DOGE lands big legal win as appeals court strikes down preliminary injunction Fox News Appeals Court Allows DOGE Access to Sensitive Data at Several Agencies The New York Times US court says Trump’s Doge team can access social security numbers and other sensitive data The Guardian Appeals court lifts block on DOGE access …
Read More »Appeals Court Allows DOGE Access to Sensitive Data at Several Agencies – The New York Times
Appeals Court Allows DOGE Access to Sensitive Data at Several Agencies The New York Times US court says Trump’s Doge team can access social security numbers and other sensitive data The Guardian Source link
Read More »Cheaper gasoline restrains US consumer prices; worries about data quality rise – Reuters
Cheaper gasoline restrains US consumer prices; worries about data quality rise Reuters CPI Report Live Updates: As Tariffs Push Up Prices, Trump Revives Powell Attacks The New York Times Inflation remained stubborn in July, as energy and food offset increases elsewhere NBC News What the Inflation Numbers Mean for Bonds. Investors Should Be Happy. Barron’s Here’s the inflation breakdown for July 2025 — in …
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