Jasondoiy | E+ | Getty Images Amid recession fears, a government shutdown and tariff uncertainty, consumers are increasingly diverging in their spending. Wealthier Americans are engaging their purchasing power, while lower-income Americans are starting to pull back — commonly described as a “K-shaped” economy. Friday’s consumer price index report could shed more light on the pressures facing large swaths of …
Read More »Trump to expand government stake in strategic sectors to combat China The Washington Post Trump administration will set price floors across range of industries to combat China, Bessent says CNBC U.S. to Take Control of More Companies as China’s Rare Earth Dominance Grows The New York Times Naming Names: A Rare Public Rebuke in U.S.-China Trade Talks The Wall Street Journal Bessent accuses Wall …
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Companies in the legal services, software-as-a-service (SaaS) providers, Business Process Outsourcers (BPOs), and technology sectors in the U.S. have been targeted by a suspected China-nexus cyber espionage group to deliver a known backdoor referred to as BRICKSTORM. The activity, attributed to UNC5221 and closely related, suspected China-nexus threat clusters, is designed to facilitate persistent access to victim organizations for over …
Read More »CVS Is the Health Sector’s Good News Story. Can It Last? Barron’s CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve CNBC CVS beats Wall Street estimates in Q2, marking turnaround for pressured stock Yahoo Finance CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businesses The Hill CVS Shows Signs of Recovery, Beats Wall Street Expectations The …
Read More »Trump hits Brazil with tariffs, sanctions but key sectors excluded Reuters President Lula on His Feud With Trump, Brazil’s Tariff Strategy and More The New York Times Trump order excludes aircraft, OJ, energy from Brazil tariffs Reuters Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals CNN Heavy meddle: Trump and Brazil The Economist Source link
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