Imposes Higher Tariffs

Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly

The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.

Business - MarketWatch - October 16

Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA

Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...

Politics - The Hill - October 16

Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry

Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.

Business - CNBC - October 16

FBI arrests Alabama man for SEC X hack that spiked price of bitcoin

Eric Council Jr. is accused of conspiracy in the hack of the Securities and Exchange Commission X account that tweeted a false claim about bitcoin.

Business - CNBC - October 17

Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.

The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...

Business - MarketWatch - October 18

Mark Cuban mocks Trump's tariff ideas at Harris campaign rally as Elon Musk tours PA with pro-Trump PAC

Mark Cuban in a recent Harris campaign press call slammed Donald Trump and called his sweeping tariff plans "lunacy."

Business - CNBC - October 17

Xbox Cloud Gaming Is Planning For Direct-To-Cloud Controllers And Higher-Quality Streams - Report

Microsoft launched Xbox Cloud Gaming in 2020 with great fanfare, but the company's stated goal to push cloud gaming even further has run into some technological setbacks as well as ongoing ...

Tech - GameSpot - October 18

Uranium and utilities stocks can soar even higher as Big Tech goes nuclear

Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.

Business - MarketWatch - October 19

Oil settles higher after last week’s 8% drop as traders weigh China demand concerns

Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...

Business - MarketWatch - October 21

Cheney keeps up fire on Trump over Jan. 6, bashes tariff policy

Former Rep. Liz Cheney, R-Wyo., a top GOP voice opposing Donald Trump, tore into the former president Tuesday over the Jan. 6, 2021, Capitol riot and his tariff policies.

Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...

World - The Guardian - October 23

After a Landmark W.N.B.A. Season, How Much Higher Can Women’s Basketball Soar?

“The finals mark the culmination of what I think is the most transformational year in the W.N.B.A.’s history,” commissioner Cathy Engelbert said.

Sports - The New York Times - October 23

U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says

An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.

Business - CNBC - October 23

'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris

Experts estimate that Donald Trump's budget plan would expand federal deficits by five times more than Vice President Kamala Harris' proposals.

Business - CNBC - 6 days ago

Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation

Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.

Business - CNBC - 5 days ago

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday.

Poor sleep in early midlife years could mean higher dementia risk: Study

Those tossing and turning throughout their early midlife years may be more susceptible to dementia as they age, researchers found.

Politics - The Hill - 2 days ago

Inflation is going higher, this market strategist says. Here’s his master plan to profit from it.

Hedgeye’s Keith McCullough is long gold, utilities, real estate and emerging markets.

Business - MarketWatch - 23 hours ago

‘FOMO’ could help drive stocks higher after the election, one top Goldman Sachs strategist says

The upcoming U.S. election has helped inspire a sense of foreboding on Wall Street, judging by the still-elevated level of the Cboe Volatility Index, otherwise known as the VIX or the stock ...

Business - MarketWatch - Yesterday

Oil prices edge down to finish at lowest in seven weeks

Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...

Business - MarketWatch - 21 hours ago

Jean Paul Gaultier Owner Puig Brands Posts Higher Revenue Boosted by Fragrances

The owner of brands including Jean Paul Gaultier, Carolina Herrera and Nina Ricci increased sales by 11% in the third quarter, beating analysts’ forecasts.

Business - The Wall Street Journal - 23 hours ago

Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers

Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.

Business - CNBC - 17 hours ago

China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing

The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.

Business - CNBC - 13 hours ago

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - 5 days ago

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted