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X @Bloomberg
Bloomberg· 2025-10-06 10:09
If Trump’s tariffs are ruled illegal, the US may be forced to refund the bulk of the $165 billion in duties collected so far — but the president is unlikely to part with the funds easily https://t.co/LcfDbLVBbK ...
X @The Economist
The Economist· 2025-10-06 03:00
Ultimately the best response to both Donald Trump’s tariffs and cheap Chinese imports is greater integration of the Association of South-East Asian Nations https://t.co/l62QBAHktHIllustration: Lan Truong https://t.co/DCC4uVz26i ...
X @The Wall Street Journal
Many government leaders have had the chance to voice opposition to President Trump’s tariffs inside the White House. The mayor of Pohang, in South Korea, is the rare official who can say he has protested outside it. https://t.co/mZxmavk2Wc ...
Steven Rattner on the US Jobs Market and the Fed
Bloomberg Television· 2025-10-05 12:01
We start with the jobs market, where soft data are holding the Federal Reserve back from cutting rates more and cutting them faster. Steve Rattner is chair and CEO of Willett Advisors, which manages the personal and philanthropic money of Michael Bloomberg, our founder and majority shareholder. Steve has been watching the US economy closely as an investor and gave us his outlook.Steve, the labor market is really top and center. We got a prior problem before we get to the state of the labor union, which is w ...
X @The Economist
The Economist· 2025-10-04 20:40
“With a conservative majority at the court and a tendency to defer to presidents when it comes to emergency declarations,” says @stevenmazie, “I think that the tariffs are going to be upheld.”Listen to “Checks and Balance”" https://t.co/4YJIxxBipt ...
‘We are united as a party’: Sen. Klobuchar on Dem. alignment amid government shutdown standoff
MSNBC· 2025-10-04 14:24
Supreme Court's new term begins on Monday and once again the question of how far Donald Trump can push presidential power is on the docket. On November 5th, the high court will consider the legality of Trump's sweeping tariffs after a lower court ruled he overstepped his authority in imposing most of them. Then in January, the justices will hear arguments concerning Trump's attempt to fire Federal Reserve Governor Lisa Cook.Meanwhile, we are now on day four of a government shutdown and former FBI Director J ...
X @The Economist
The Economist· 2025-10-04 02:00
Ultimately the best response to both Donald Trump’s tariffs and cheap Chinese imports is greater integration of the Association of South-East Asian Nations https://t.co/YnVRXbA6HK ...
Odland: We’re headed toward stagflation, the worst of all worlds
CNBC Television· 2025-10-03 12:41
Pressure is the key word there. Just how much pressure is being sustained by not just the employees who are not getting paid, but also the companies out there who could see some real impact on their business. >> Well, good morning, Dom.Yeah, you have this situation, but you also have an economy that is stuck in neutral right now. You've got the consumer confidence index which is drifting down. It took another ratchet point down on the present situation.So, people are worried about their jobs. You've got CEO ...
Bessent says U.S. GDP could take hit due to shutdown
MSNBC· 2025-10-03 10:52
Time for money, power, politics. Treasury Secretary Scott Bessett warned today that US growth could take a hit. He says because of the government shutdown.Remember, the US economy has been on an upward climb for the last couple of quarters despite growing anxiety about inflation, tariffs, and what's gotten to be a more fragile labor market. Unfortunately, we might not know for some time whether Bessin is right or wrong because the shutdown has triggered an economic data blackout. With me now to discuss, Nat ...
X @Bloomberg
Bloomberg· 2025-10-02 16:05
The European Union plans to double the duty on steel imports to 50%, matching the tariffs being levied in the US in an effort to preserve the 27-nation bloc’s heavy industry: Here's your Evening Briefing https://t.co/jYGeWvKgT1 ...