UK Markets Rebound as Starmer Quashes Fears of a Reeves Exit
(Bloomberg) — UK markets rebounded from a sharp selloff as Prime Minister Keir Starmer sought to calm speculation…
Oil Extends Gain With US Stockpiles and OPEC+ Decision in Focus
(Bloomberg) — Oil rose for a second day as traders turn their focus to key supply and economic…
Trump suggests he won’t extend tariff pause, floats higher tariff level for Japan
On Tuesday, President Trump renewed threats that he may stick to his self-imposed July 9 deadline for making…
Wall Street Backs Los Angeles Wildfire Lawsuits, Chasing Billions
(Bloomberg) — The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for…
Trump Tax Bill Hits Senate as GOP Torn by Competing Demands
(Bloomberg) — Senate Majority Leader John Thune is rushing to meet President Donald Trump’s July 4 deadline for…
Senate tweaks Trump tax bill in bid to court Republican holdouts
(Bloomberg) — Senate Republicans unveiled a new version of their $4.2 trillion tax cut package that adjusts key…
Von Der Leyen Says EU Will Be Ready If US Trade Talks Break Down
Detailed discussions with the US are taking place on both tariffs and non-tariff barriers, as well as on…
Why Is The Wall Street Worried About The New Socialist Mayor Of New York, Zohran Mamdani?
Despite ideological divides, Mamdani’s grassroots campaign has gained traction across class and racial lines, bolstered by a savvy…
Musk Confidant Afshar Exits Tesla in Latest High-Level Departure
(Bloomberg) — Omead Afshar, a powerful executive at Tesla Inc. (TSLA) and one of Elon Musk’s closest confidants,…
US New-Home Sales Drop by Most Since 2022 on Poor Affordability
(Bloomberg) — US purchases of new homes fell in May by the most in almost three years as…
Most Hawkish BOJ Member Flags Rate Hike Risk as Inflation Gains
(Bloomberg) — The Bank of Japan’s (8301.T) most hawkish member said it may be necessary to raise interest…
Australia’s Monthly CPI Cools, Cementing July Rate-Cut Case
(Bloomberg) — A gauge of Australia’s monthly inflation cooled faster than anticipated in May, moving close to the…