Economy
Bessent: Tariffs will ‘boomerang’ back to April levels by Aug. 1 for countries without deals
U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz | Reuters Treasury Secretary Scott Bessent said Sunday that tariffs announced back in April will take […]
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Rep. Mark Green resigns from Congress, leaving Speaker Johnson with an even narrower Republican majority in the House
House Homeland Security Committee Chair Mark Green (R-Tenn.) speaks alongside House Speaker Mike Johnson (R-La.) after the House passed budget reconciliation legislation at the U.S. Capitol on May 22, 2025. Francis Chung | POLITICO via AP Images Rep. Mark Green, R-Tenn., announced his official resignation from Congress on Friday, a move that was expected but one […]
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Elon Musk says he has formed a new U.S. political party, the ‘America Party’
Elon Musk applaudes in the Oval Office as he attends a press conference with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk said Saturday that he has formed a new political party, the “America Party,” which he claims will give Americans “back […]
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China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
An exhibition room at Pop Mart’s theme park, Pop Land, in Beijing, on June 18, 2025. Pedro Pardo | Afp | Getty Images Beijing may have warned against “blind box” toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China’s hottest consumer brands this […]
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Slam dunk? Fundstrat’s Tom Lee considers two new themes for his Granny Shots ETF
ETF Edge Slam dunk? Fundstrat’s Tom Lee considers two new themes for his Granny Shots ETF Published Thu, Jul 3 20254:00 PM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Stocks making the biggest moves midday: First Solar, CrowdStrike, Datadog, Robinhood and more
Check out some of the stocks making the largest moves in midday trading: Solar stocks — Companies tied to renewable energy rose in midmorning trading as President Donald Trump’s megabill crept closer to passage before a White House July 4 deadline. While the measure has no new carveouts for clean energy, earlier this week the […]
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Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
U.S. Vice President Kamala Harris speaks on stage with Essence CEO Caroline Wanga at the Global Black Economic Forum during the 30th annual Essence Festival of Culture at the Ernest N. Morial Convention Center on July 6, 2024 in New Orleans, Louisiana. Michael Democker | Getty Images News | Getty Images In a year when […]
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U.S. payrolls increased by 147,000 in June, more than expected
Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor […]
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Airlines face investors after strong— but cheaper — July 4 holiday
People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Millions of travelers are expected […]
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Stocks making the biggest moves premarket: Synopsys, Tripadvisor, Datadog, Robinhood and more
Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged […]
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