US Jobs Report: New Jobs at 73,000; S&P 500 and NASDAQ Fall; Fed Rate Cut Expected US added 73,000 jobs in July; unemployment rose to 4.2%, fueling Fed rate cut bets. Weak jobs data caused S&P 500 and NASDAQ to fall, increasing likelihood of Fed rate cut. U.S. imposed a 20% tariff on goods from Taiwan, effective August 7, 2025. Hungary plans action to protect jobs after U.S.-EU trade deal with 15% tariff. IMF approved Argentina's review, disbursing $2 billion under Extended Fund Facility. Total 862 words · 4 mins read15 More Stories1 hour ago38
Trump Announces New Tariffs; Suspends 'De Minimis' Exemption Trump announced new tariffs on multiple countries, including 50% on Brazil, effective August 7. Trump suspends 'de minimis' exemption, ending tariff-free status for packages under $800, effective August 29. US job cuts increased 140% YoY in July 2025, influenced by budget cuts, AI, and tariffs. US and Cambodia agree to trade deal with 19% tariff, Cambodia drops tariffs on U.S. imports. Federal Reserve Vice Chair Bowman dissented, advocating for a 25bp rate cut due to slowing economy. Total 812 words · 4 mins read17 More StoriesYesterday, 12:49 PM70
Trump's Tariffs on Brazil; Fed Holds Rates Steady Trump imposed 50% tariffs on Brazil, citing a 'national emergency,' with some exemptions. The Fed held rates at 4.25%-4.5%, ignoring Trump's demands, focusing on controlling inflation. The U.S. imposed a 25% tariff on Indian exports, causing GIFT Nifty to fall. Trump's 50% tariff on semi-finished copper caused a 20% drop in NYMEX copper futures. U.S. GDP grew 3% in Q2, rebounding from Q1 contraction, driven by consumer spending. Total 738 words · 3 mins read14 More StoriesThu, 12:50 PM66
Global Growth Forecast Raised; US-India Trade Deal Uncertain Trump warns of 20-25% tariffs on India if no trade deal by August 1. IMF raised global growth forecast to 3.0% for 2025, 3.1% for 2026. IMF warns undermining central bank independence risks financial instability amid trade tensions. Sevens Report: AI, jobs data, Fed rate cut size, tariffs threaten S&P 500. IMF projects Egypt's economy to grow 4.0% in fiscal year ending June 2025. Total 1085 words · 5 mins read19 More StoriesWed, 12:49 PM59
Trump's Tariffs Threaten European Growth; Irish Whiskey Industry Faces Impact U.S.-EU trade deal imposes 15% tariffs on EU goods; EU leaders challenge deal. Federal Reserve likely to hold rates steady at 4.25-4.50% amid tariff concerns. Fidelity forecasts gold could hit $4,000 by 2026 due to Fed cuts. Hedge funds sold tech stocks at fastest pace in 12 months amid S&P highs. Hungary cuts 2025 growth forecast to 1% due to weak industrial performance. Total 1013 words · 5 mins read19 More StoriesTue, 12:50 PM60
US-EU Trade Deal Finalized with 15% Tariff; Fed Concerned Trump's Tariffs May Impact Inflation US and EU finalize trade deal with 15% tariffs, EU invests billions in US. Fed fears Trump's tariffs could undo inflation progress despite strong labor market. Ringgit declines amid trade uncertainties; Malaysia's GDP growth revised to 4.0-4.8%. Trump administration shifts government borrowing strategy, awaiting rate drops for longer-term bonds. Walmart raises prices due to new tariffs, maintaining 'everyday low prices' strategy. Total 557 words · 3 mins read7 More StoriesMon, 12:50 PM62
VW Faces €1.3B Hit from US Tariffs; Trump Proposes Tariff-Funded Rebates VW: US tariffs cost €1.3B, decreasing profit margin by 30% due to EV ramp-up. Trump proposes tariff-funded rebates for Americans with a certain income level, using record $113B revenue. Goldman Sachs suggests the Fed should consider a rate cut due to sluggish US growth. Davis Commodities eyes tokenization, potentially unlocking $1–3 billion in settlement volume in 36 months. Markets mixed amid trade uncertainty before August 1 tariff deadline set by US President Trump. Total 1312 words · 6 mins read23 More StoriesSun, 12:49 PM62
US Imposes 50% Tariffs on Brazil; S&P 500 and Nasdaq Hit Record Highs U.S. imposed 50% tariffs on Brazil, impacting trade relations; Brazil seeks negotiations. S&P 500 and Nasdaq hit record highs, driven by Alphabet and AI optimism. India and UK sign FTA, aiming to double trade to $120B by 2030. Industrials surpassed tech in S&P 500, driven by economic strength and tariffs. ECB holds key interest rate steady at 2.0%, updates monetary policy strategy. Total 1120 words · 5 mins read20 More StoriesJul 26, 12:49 PM62
Russia Cuts Key Rate to 18%; S&P 500 Earnings Beat Estimates Russia's Central Bank cut its key rate to 18% due to easing inflation. S&P 500 earnings robust; 83% beat estimates, index up 28% since April. Mexico's annual inflation drops to 3.55%, core inflation rises to 4.25% in July. EU and US near trade deal with 15% tariff; IMF favors regionalization. Bank of America warns of rising stock market bubble risks due to loosening policy. Total 894 words · 4 mins read19 More StoriesJul 25, 12:50 PM59
Stock Markets Surge on US-EU Trade Deal Hopes; US-Japan Agreement Confirmed Hopes for a US-EU trade deal around 15% tariffs boost European stock markets. Brazil challenges U.S. tariffs at WTO with support from 40 countries, calling them arbitrary. US DoJ prepares criminal charges against companies evading tariffs, effective August 1. US and Japan reach trade deal; Japan commits to buying 100 Boeing airplanes. Recession risk in autumn 2025 is rising with tariff uncertainty, says Bill Conerly. Total 1716 words · 7 mins read27 More StoriesJul 24, 12:50 PM57