Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump for his wishes on National Coffee Day on Monday, while his chaotic trade and tariff policies result in a surge in coffee prices. ‘Chaotic Tariffs’ Lead To Surge In Coffee Prices On Monday, in a post on X, Warren said, “Donald Trump is wishing everyone a happy National Coffee Day,” while noting that his “chaotic tariff” policies have led coffee ...

The big winner of this deal clearly will be the American Pac. There is no doubt about it. They are the ones that will see significant impact in their ability to buy medicines.But I would argue that uh it is not the only winner. I think who else is a winner here. It is American innovation and American economy.In our industry, we had two major overhangs that have substantially reduced our valuations and create concerns for us in our ability to invest. We are addressing both of them right now and I will speak ...

Over the next week, we're making deals with all of them. And I I said if we don't make a deal, then we're going to tariff them an extra five, six, seven, 8%, whatever the difference is, and we'll take it that way. So, we took away the advantage by the fact that we have tariffs. We took away the advantage that they would have of just saying no, and we couldn't do anything about it. If they do that, what we do is we put a tariff on them of an equivalent amount, and we take it that way.And nobody wants to play ...

Tariff Announcement - President Trump announced a new 10% tariff on wood imports and delayed 25% duties on kitchen cabinets, bathroom vanities, and upholstered furniture until October 14 [1][13] - Tariffs on upholstered furniture are set to increase to 30% and on kitchen cabinets and bathroom vanities to 50% by January 1, 2026, unless trade agreements are reached [2] Justification and Impact - The Trump administration justified the tariffs on national security grounds, citing the impact of softwood lumber imports on the US economy and the closure of US wood mills [4][5] - The proclamation emphasized the importance of domestic manufacturing capabilities in the wood and lumber sector for national security [6] International Relations - Canada, the largest supplier of softwood lumber to the US, is facing significant anti-dumping tariffs and is negotiating for lower rates [6][8] - The US has established more favorable tariff rates for the UK (maximum 10%), EU, and Japan (maximum 15%) due to existing trade deals [8][9] Historical Context - Previous tariffs on Chinese furniture were set at 25% during Trump's first term, with Mexico and Vietnam emerging as significant producers since then [12]

Let's get back to the broader markets and talk about what to expect going into year end. All as the Dow tracks for its fifth positive quarter in a row. S&P NASDAQ pacing for their seventh positive quarter in eight.Joining us here this morning at Post 9, Deutsche Bank chief US equity strategist and global strategist Binky China. Binky, it's great to have you in. >> Thanks to you.So year end 7K >> and 10 year almost four and a half, right. >> That's right. >> Market can deal with that.>> Uh I believe so. Yeah ...

Market Overview - The Dow is on track for its fifth consecutive positive quarter, while the S&P and NASDAQ are pacing for their seventh positive quarter in eight [1] - Macro growth indicators show the Atlanta Fed estimating growth at almost 4% and other economists at nearly 3% for the quarter, indicating a positive outlook despite initial fears [2] Macro Data and Earnings - There has been a significant increase in macro data surprises, with 15 months of positive surprises leading to a shift in expectations regarding recession risks [3][4] - Current equity positioning reflects a cautious stance among fundamentals-based investors, who are primarily concerned about cyclical risks and earnings [5] Earnings Growth Expectations - Investors are currently positioned for 1-2% earnings growth, while actual earnings growth was 10% last quarter, with expectations for slight acceleration this quarter [6] - The impact of tariffs on earnings is relatively small, with only 17 percentage points of S&P 500 earnings directly affected, and Apple accounting for 5 percentage points of that [8][9] Tariffs and Inflation - The direct impact of tariffs has been overestimated, with evidence suggesting that half of the impact has already occurred, leading to a reassessment of future risks [10]

Group 1 - CEOs are increasingly prioritizing digital themes, with AI, software, and data centers being the leading topics in Q3 2025 earnings calls, reflecting a nearly doubled mention rate over the past five years [4][11][34] - Discussions around tariffs remain prevalent, cited in 53% of earnings calls, although this represents a 28% decline quarter-over-quarter, indicating a shift towards structured management of tariffs rather than mitigation [8][34] - The demand for data centers is strong, with mentions rising to 15% of earnings calls, particularly in the utilities and construction sectors, highlighting capacity constraints despite high demand [16][17] Group 2 - Agentic AI is gaining traction, with mentions rising 40% quarter-over-quarter to 4% of calls, while overall AI discussions reached 45% of calls, marking a significant increase in focus on practical applications [22][24] - Robotics, particularly humanoid applications, saw a 28% increase in mentions, with the manufacturing sector showing the highest engagement, indicating a growing interest in AI-driven robotics [28][30] - Economic growth is projected to slow, with global GDP growth expected to decrease from 3.3% in 2024 to 3.2% in 2025, influenced by factors such as tariff increases and inflation [5][6]

Let me ask you about tariffs and where you think things stand uh what you expect to happen uh to the tariffs from a legal perspective and how how you're confronting them yourself at this point. >> Well, we had a huge announcement. Um the Trump administration announced that they're looking at 232 tariffs for heavy duty trucks.This is a really big deal for our country and for Ford companies like Packar and Ford. We make all of our heavy duty trucks in America. We have a lot of competition from overseas and a ...

Market Overview - The stock market is trading at or near record highs, indicating that bulls are in control and suggesting a potential for further upward movement [3][15] - The S&P 500 experienced a significant rally, increasing by 38% from its low in April 2025 to a record high in September 2025, driven primarily by technology and AI stocks [10] Economic Policies and Market Reactions - President Trump's return to the White House in January 2025 initiated a series of bold economic policies, including the most comprehensive tariff package in modern American history, which initially caused a sharp decline in stock prices [5][6][7] - The market rebounded after the tariffs were lowered and extended, with April 2025 being marked as "Liberation Day," showcasing the market's resilience and forward-looking nature [9] Federal Reserve Actions - The Federal Reserve cut interest rates for the first time in years, which is seen as a bullish sign for both Main Street and Wall Street, with expectations of further rate cuts [11] Geopolitical Factors - Geopolitical tensions, including ongoing negotiations with China and conflicts in Ukraine and the Middle East, did not deter market growth, highlighting the American market's adaptability [12] IPO and Small/Mid Cap Stocks - The IPO market has shown signs of improvement in 2025, with increased venture capital flow and a rise in new stock offerings [13] - Small and mid-cap stocks began to rally in Q3 2025 after a period of dormancy, with the Russell 2000 index showing a 9% increase year-to-date, primarily driven by the Fed's rate cut announcement [14]

LOS ANGELES (AP) — If it seems like its getting more expensive to replace a broken door, kitchen fixtures or upgrade a major appliance, you’re not wrong. The cost of home repair and remodeling projects is up compared to a year ago and running ahead of inflation overall, according to a report from data analytics company Verisk. The firm's latest Repair and Remodeling Index jumped 3.4% in the April-June quarter compared to the same period last year. That's a bigger annual increase than the 2.7% rise in inf ...