Top Insights
White knuckles and ‘massive unknowns’ ahead of Trump’s July 9th tariff deadline
Trump’s next moves could impact how countries go about the next round of trade talks The 90-day pause on reciprocal tariffs is set...
Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates
The latest Case-Shiller home price report showed a 0.3% monthly fall in the 20-city index in April, steeper than March’s downwardly revised 0.2%...
Chief Justice Roberts warns against elected officials’ heated political words about judges
Without identifying anyone by name, Roberts clearly referenced Republican President Donald Trump and Senate Democratic leader Chuck Schumer. Chief Justice John Roberts, speaking...
A shadow Fed chief could lead to a ‘revolt’ on the FOMC against Powell’s successor, former vice chair warns
“If he or she contradicts what Powell is saying, that will aggravate the FOMC, almost all of whose members will still be there...
Two workers for SEC’s EDGAR system charged with insider trading
Prosecutors alleged they pocketed $1 million by stealing non-public information obtained through their jobs. Two men who worked for the Securities and Exchange...
Senate eyes key vote on Trump’s tax bill, while Musk calls it ‘utterly insane and destructive’
Not all GOP lawmakers are on board with proposals to reduce spending on Medicaid, food stamps and other programs to help cover the cost of tax...
EU delays retaliatory tariffs on US goods due to hit Monday in hopes of reaching a deal with Trump officials
President Donald Trump sent a letter announcing new tariffs of 30% on goods from the EU and Mexico starting Aug. 1. The European Union will suspend retaliatory tariffs on...
Markets can’t be bullied, and the US could face a financial crisis ahead of next year’s midterm elections, former IMF official says
“The days of the world letting America live beyond its means are rapidly coming to an end.” The dollar’s plunge and gold’s surge...
Elon Musk and some Democrats like Reid Hoffman actually share common ground on U.S. debt
LinkedIn cofounder and top Democratic donor Reid Hoffman said he’s “very sympathetic” to Musk’s core cause of reining in deficits. In another sign...
Dow futures sink as Trump keeps pushing tariffs while White House suggests Powell’s job could be at risk
After Wall Street previously downplayed risks from President Donald Trump’s trade war, investors are starting to take his tariff threats more seriously. After...
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