Big Banks show record trading profits, Trump threatens pharma tariffs

Welcome to Yahoo Finance's flagship show, the Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures are rising following the June PPI report. Producer prices that showed wholesale inflation was little changed in June, helping make the case for the Federal Reserve to cut interest rates this year. But the PPI report follows June consumer price data that showed higher tariffs are filtering through into a variety of categories that include household furn ...