Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

Key Points

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would set off a courtroom battle that would likely head to the Supreme Court.
Most people familiar with the situation say Powell would sue if Trump tries dumping him.
Despite seemingly low chances of success, going after Powell still could serve a political purpose for Trump.
Even if the Fed did cut rates, it could do more harm than good to Trump’s goal of lowering finance costs on the national debt.

Source

Using my phone as a Paris guidebook cost me — here’s how to save on your bill when traveling abroad

Finance

Using my phone as a Paris guidebook cost me $50 — here’s how to save on your bill when traveling abroad

August 9, 2025

Key Points There are a few ways to prevent your cell phone bill from increasing much while traveling internationally, experts said. Among their biggest tips: Consider a T-Mobile cell plan, buy an eSIM or rely solely on Wi-Fi networks. Source

EV sales soar as Trump axes ,500 tax credit: ‘People are rushing out’ to buy, analyst says

Finance

EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says

August 8, 2025

Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source

Finance

Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more

August 8, 2025

Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]