US trading partners are readying a response to President Trump's recent barrage of tariff threats, including a potential 30% levies against the EU and Mexico announced over the weekend. In a piece for the publication Foreign Affairs, Queens College Cambridge President Muhammad Alien wrote that the US has quote shaken the very foundations of the global order, adding that there is no trusted conductor to guide countries and companies through the complicated transition to whatever is coming next. Joining me no ...

Salary Disparity in Professional Basketball - Women's basketball initial salaries were approximately $50,000 for three to four months, while in Europe, the compensation was three to four times higher [1] - WNBA rookie base salary is around $78,000-$80,000 [2] - Men's basketball rookie base salary is approximately $350,000 [2] - The disparity between men's and women's rookie salaries is significant, with men earning six figures [2] Impact of Caitlyn Clark - Caitlyn Clark has positively influenced salary expectations for women in basketball [1]

Market Access & Competition - The Federal Housing Finance Agency (FHFA) will allow the use of Vantage Score for mortgages sold to Fannie Mae and Freddie Mac, aiming to increase competition in the credit score market [1] - Vantage Score includes 33 million more consumers compared to its competitor [3] - Over 3,700 banks, FinTech companies, credit unions, and government agencies currently use Vantage Score [14] - Vantage Score was previously excluded from the mortgage market due to an unintended monopoly [14] Vantage Score Advantages - Vantage Score incorporates alternative data, such as rental payment history, which is not considered by its competitor [5][6] - Vantage Score utilizes innovative and new analytics techniques [7] - Major banks like Bank of America and Chase have found Vantage Score to be better, leading to increased access to credit and lower risk for lenders [15] Impact on Home Buyers - Approximately 490 万 (4.9 million) consumers with a Vantage Score of 620 or above, who previously lacked a credit score with the competitor, may now be mortgage eligible [9][10] - This change could potentially unlock $1 trillion in incremental mortgages in the United States [10] - Owning a home is considered a key pathway to economic prosperity [12]

Market Trends & Economic Indicators - The Dow Jones Industrial Average slipped nearly 200 points, while the S&P 500 and Nasdaq trimmed gains near record highs [2] - The 10-year Treasury yield is off the 45% mark, down about three basis points, while the 30-year Treasury yield remains critically at 5% [6] - The US dollar index is down slightly today, up a little bit for the week [7] - June CPI ticked up a tenth of a percentage point to 29%, up from 28% previously, indicating a potential warning sign in core goods inflation [12] - The market is still pricing in two Fed rate cuts, each of 25 basis points or a total of 05%, by the end of the year [40] Tariff & Trade Impact - President Trump is reportedly pushing for a minimum of 15% to 20% tariff on EU goods as part of any deal [2] - New round of tariffs on domestic production parts, components, copper, and supplies, as well as revisiting tariffs on Canada and Europe, create uncertainty [14] - Imported goods are only 11% of GDP, but tariffs could have a larger impact if they lead to behavioral changes or retaliation [17] - Potential for stagflation exists with elevated inflation and slowing growth, but long-term impact to inflation from tariffs may not be extreme [64][70] Sector Performance - Utilities are leading the day, up 175%, while consumer discretionary is up thanks to Tesla [7] - Energy is down 1% due to crude oil under pressure, and communication services are down 07% [8] - Platinum is up 60%, palladium up 40%, copper up 40%, and silver up 30% year-to-date in commodities [44] Cryptocurrency & Digital Assets - President Trump is signing the Genius Act to regulate cryptocurrency, the first major crypto legislation passed by Congress into law [3] - Dollar-linked stable coins could reach $2 trillion or more in market capitalization, with some estimates as high as $37 trillion [52][53] - The Genius Act will unlock American dominance in the crypto industry by creating clear rules of the road and extending US dollar dominance globally [48] Company Specific News - Tesla is up 3% [9] - American Express is down 2%, Chevron is down almost 3%, Coca-Cola is down about two-thirds of a percent, and IBM is up 135% [9] - Chevron can move forward with the $53 billion acquisition of Hess after officials dismissed Exxon's attempt to block the deal [92] - American Express expenses increased 14%, higher than expected, due to investments in tech and risk management [95]

I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...

Regulatory Framework & Innovation - The Genius Act establishes a clear regulatory framework for dollar-backed stablecoins, potentially revolutionizing financial technology [1] - This framework enables ultra-low-cost transactions that settle in seconds, offering privacy, flexibility, and decentralization similar to cash [2] Economic Impact & US Dollar - The Genius Act allows banks and financial institutions to issue crypto assets backed one-to-one with US dollars and treasury bills [3] - Industry anticipates increased demand for US treasuries, potentially lowering interest rates [3] - The Act aims to secure the US dollar's status as the world's reserve currency [3]

President Trump signs the GENIUS Act into law About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https:// ...

Strategic Partnership & Investment - Uber is partnering with Lucid and Nuro to launch a robo-taxi service [1] - Uber plans to purchase 20,000 Lucid Gravity SUVs over six years for its robo-taxi service [1] - Uber will invest $300 million into Lucid and a similar amount into Nuro to support the robo-taxi initiative [2] Technology & Market Focus - Nuro will provide the Level 4 autonomous driving software for the robo-taxi service [1] - The Gravity SUV, a high-end luxury car starting at $80,000, suggests a focus on upscale consumers and cities [2] - Uber is betting on Lucid's state-of-the-art technology for its autonomous vehicle endeavors [3] Business Strategy - Uber is re-entering the autonomous vehicle market through strategic partnerships after a previous setback [3] - The robo-taxi service is slated to launch in a US city sometime next year [2]

Business Model Shift - The Covid pandemic shifted Wellhub's business model [1] Wellness Focus - Fostering good wellness habits among employees is becoming increasingly important for companies worldwide [1] - Wellhub's goal is to democratize wellness in the workplace [1] - AI can help improve wellness [1] Financial Context - Financial Freestyle on Yahoo Finance promotes economic prosperity for all [1] - Yahoo Finance provides resources to help manage financial life [1] Content Platform - Financial Freestyle is available on Apple Podcasts, Spotify, and other podcast platforms [1] - Yahoo Finance offers stock ticker data, news, portfolio management resources, and market data [1] - Yahoo Finance can be found on X, Instagram, TikTok, Facebook, and LinkedIn [1]

Hello and welcome to Ask for a Trend. I'm Josh Lipton. For the next half hour, we are breaking down the trends of the day that'll move stocks tomorrow.There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into. It's a stellar day for stocks.Gains fueled by fresh earnings reports and new economic data. We saw some records at the end of the session. All major indices did end the day up and companies are calling ...