Tariffs

Finance

Can the S&P 500 Sustain a #HotStockSummer?

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On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.

2 min read

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International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read
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Consumer

Is Nike Pulling Off Its Comeback Plan?

In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.

2 min read
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International Economics

Tariffs ‘The World Can Live With’: US-Japan Trade Pact Pushes Markets to Record Highs

While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.

2 min read

Banking

Goldman’s ‘Midas Touch’ During Turbulent Quarter Delivers Record Trading Results

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Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.

2 min read

Advisor Upside

Advisors Calm Clients After Trump’s Latest Tariff Announcements

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Financial plans are designed to weather economic uncertainty, but it can be hard for clients to remember that.

2 min read

Autos

Ford, GM Notch Sales Surge as Detroit Braces for Slump

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Ford said that its second quarter sales rocketed 14% in the second quarter from a year earlier to 612,095 vehicles.

2 min read

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Consumer

Shein, Temu Sales Slide After Losing US Duty-Free Loophole

In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.

2 min read
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Economics

Jerome Powell is Finally Getting Specific

Simply put, Powell says he needs to wait and see June and July price data to know just how impactful and inflationary tariffs have been.

3 min read
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Inflation & Prices

Just How Much Data Does the Fed Need to Cut Rates?

Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.

2 min read

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