Treasury Secretary Scott Bessent speaks on tariffs, trade deals, and Powell's future

EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms

It's no longer a measure of value but a hedge to the irrefutable degradation of the denominator
Parabolic printing

BRAZIL'S ALCKMIN: U.S. TARIFFS ARE A LOSE-LOSE SITUATION, U.S. CONSUMERS WILL PAY MORE FOR PRODUCTS

Hey, how accurate is Polymarket historically? How does Polymarket's accuracy compare to bank forecasts?

Core PCE inflation is beginning to look no better, and by some measures worse, than where it was when the Fed started to…

Unemployment benefit applications in the US have increased for the first time in a month and a half.

Slightly more Americans filed for jobless benefits last week as businesses continue to retain staff despite uncertainty.

US consumers continued to spend in June despite tariff-related price hikes, new data shows

U.S. JOB CUTS REACH 806,383 SO FAR IN 2025, HIGHEST FOR JAN–JULY SINCE 2020

BESSENT: EXPECTS TO SEE ECONOMIC ACCELERATION FROM HERE

TCMB: The data indicates a temporary increase in monthly inflation in July.

the market reaction to yesterday's FOMC is a reality check for those who are sidelined or waiting for much lower on crypto assets
we just had one of the most hawkish FOMC meetings in recent times, with Powell practically going scorched earth and taking a 'markets be damned!'

Reserve Bank deputy governor Andrew Hauser has welcomed the moderation in inflation and is not concerned by the rise in unemployment.

Weirdly, the higher interest rates stay, the more they have to inject via liquidity to finance the debt, the higher assets go…

Shell profits fall 32% on weaker oil and gas prices

Food inflation 'to hit 6% by Christmas' in major blow to household budgets

In 2024, China's total marine economic value exceeded 10 trillion yuan ($1.39 trillion) for the first time, accounting for 7.8 percent of gross domestic product.

Reasons for caution amid America's triumphant market surge | opinion