Trump

Consumer

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

Photo by Jetcityimage via iStock

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

Photo via Christian Charisius/dpa/picture-alliance/Newscom

International Economics

Markets Stay Relatively Calm as Fragile Ceasefire Deal Follows Missile Strikes

While the headlines screamed conflict, maneuvers by the US on Monday signaled to markets that the prevailing mood was one of compromise.

2 min read
Photo by The Bold Bureau via iStock

Economics

Is US Economic Data Getting Shakier?

Staffing shortages, shrinking funding and decades of declining survey responses are testing an agency responsible for vital US economic data.

4 min read
Photo via Kyodonews/ZUMAPRESS/Newscom

International Economics

US Flexes Golden Share in Nippon Merger With US Steel

The deal is the Trump administration’s attempt to stake out a new path for balancing national security and the influx of foreign capital.

2 min read

Autos

Can Elon Musk’s Pajama Party Brighten Up Tesla’s Tomorrow?

Photo illustration by Connor Lin / The Daily Upside

Elon Musk is again sleeping at Tesla’s offices again, but that may not be enough to restart the top US EV-maker’s engine.

4 min read

Photo via Li Ying / Xinhua News Agency/Newscom

International Economics

Washington Trade Talks With Beijing Drive S&P 500 Toward Record High

The on-off dynamic of the US-China economic relationship so far this year would make the writing rooms of most soap operas blush.

2 min read
Photo via Jimin Kim/ZUMAPRESS/Newscom

Advisor Upside

Advisors Go Risk-On Heading Into 2H

It’s been a sweet-and-sour first half for the markets, but advisors expect the second half to be a whole lot tastier.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Banking

Wall Street’s Elite Get Serious About Debt Alarmism

JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.

2 min read

ETF Upside

Trump’s Truth Social Files for Bitcoin ETF

Photo via May James/ZUMAPRESS/Newscom

The ETF, named after Truth Social, will be managed by Trump’s new fintech, Truth.fi.

1 min read

Economics

Shrinking GDP Shows Tariffs’ Impact as Courts Scrutinize Their Legality

Photo by Diane Picchiottino via Unsplash

Keeping track of the Trump’s on-and-off tariff strategy was hard enough — and now the judicial system is having their turn at the switch.

2 min read

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