The big headline this week is the U.S.–EU trade deal. The straight story is this: The deal puts a 15 percent tariff on about 70 percent of European exports to the United States, while Europe commits to buy more energy and military procurement from the U.S. Upon the announcement of the deal, the euro fell and global equities fell, while …
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Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories President Trump announced yesterday that he struck a trade deal with the European Union after talks with European Commission President Ursula von der Leyen in Scotland. Under …
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. Jeenah Moon | Reuters U.S. equity futures rose on Sunday evening as Wall Street prepared for an especially busy week that’ll bring earnings from several major tech companies, a key Federal Reserve meeting, President Donald Trump’s Aug. 1 tariff deadline …
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