Author: Admin
The Dallas Mavericks star questioned the consequences of athlete contracts being public knowledge in a recent Twitch chat. Here’s what other sports pros think.
President Trump touted a preliminary trade deal with Japan earlier this week.Trade terms may be far less agreed-upon than White House officials led markets to believe.The announcement that Japan would invest $550B in US businesses for only 10% of the profits may have been premature.Japanese officials quietly hit newswires on Friday to tamp down market expectations.United States (US) President Donald Trump proudly declared an impending trade deal between the US and Japan earlier this week, touting an arrangement that would see US importers pay a much milder 15% tariff fee on all goods imported from Japan compared to the threatened…
U.S. stock futures rose late Sunday, as a busy week for markets kicked off with the U.S. and the European Union agreeing to the framework of a trade deal, avoiding the risk of an all-out transatlantic trade war.
Highlights include Trade talks and deadlines, Fed, BoJ, BoC, US NFP, Mfg PMI, PCE, QRA, EZ CPI & GDP and Aussie CPI Newsquawk Week Ahead: Highlights 28th July-1st August 2025 MON: US Dallas Fed (Jul), German GfK (Aug) TUE: US Consumer Confidence (Jul), JOLTS (Jun) WED: FOMC & BoC Policy Announcements; ECB Wage Tracker, Australian CPI (Jun/Q2), German Retail Sales (Jun), Swiss KOF (Jul), EZ Flash Prelim. GDP (Q2), US ADP (Jul), GDP Advance (Q2), PCE Advance (Q2), Pending Home Sales (Jun) THU: BoJ & SARB Policy Announcements; Chinese NBS PMIs (Jul), Australian Retail Sales (Jun), Export/Import Prices (Q2),…
“His portfolio is still down from the April slump when everybody else’s accounts have gone up.”
EUR/USD boosted by signs of imminent US–EU deal ahead of August 1 deadline.US Durable Goods Orders miss, but jobless claims stay strong, supporting Fed hold expectations.ECB holds rates steady; next week’s focus shifts to key Fed policy decision on July 30.The EUR/USD finished the week up by nearly 1% on Friday, yet ended the daily session flat, following economic data from the United States (US) that was worse than expected, but offset by positive trade news. With the Greenback cutting losses, the pair trades at 1.1741 virtually unchanged.Sentiment remains upbeat as the latest trade news suggests that the US and…
“I have stopped short of paying for his business, his car payment and health insurance.”
Who Pays the Real Cost of Tariffs? Who Ultimately Pays the Cost of U.S. Tariffs? I recently watched an interview where Treasury Secretary Bessent downplayed the inflationary impact of President Trump’s tariffs. According to him, the burden of these import taxes will mostly fall on exporters trying to maintain U.S. market share and on retailers who will trim their profit margins to keep prices stable. He even cited Toyota’s decision not to raise prices as an example of a company working to absorb costs rather than pass them on to consumers. Maybe Secretary Bessent sees something I don’t or…
“They sometimes even joke with me about being cheap when I don’t pick up bills.”
A first look at S&P Global’s Composite PMI indicated that US business activity grew faster in July, with the index rising to 54.6 from the previous month’s 52.9. The number, which is over the 50 mark that divides expansion from contraction, suggests that the private sector is gathering traction.The statistics showed that different industries were performing in a mixed fashion. The Manufacturing PMI dropped from 52.9 to 49.5, which means that manufacturing activity lost momentum. The Services PMI, on the other hand, increased from 52.9 to 55.2, which might mean that demand in the services sector is picking up momentum.Following…