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We are seeing tariff prices passing through into inflation data, says JPMorgan's Feroli
CNBC Television· 2025-09-11 20:57
You put it all together, what's the data telling us about the state of the economy. Joining us now is Michael Foli, chief US economist at JP Morgan, and Sam Stovall, CFR research chief investment strategist. Uh guys, welcome.Mike, how do you read uh this CPI and the uh market's reaction to it. Wonder if we're being uh perhaps overly sanguin about it, whereas perhaps in in uh April, the other direction. Yeah, it's going in the wrong direction.That's for sure. I do think we're seeing some tariff price pass th ...
X @Bloomberg
Bloomberg· 2025-09-11 18:20
US tariff revenue hit a new monthly record in August, reflecting President Donald Trump’s tariff hikes, though that still left the federal government with the third-biggest deficit on record so far this fiscal year https://t.co/AtZwlu1oyu ...
Oracle Lurches Toward The Trillion-Dollar Club
Seeking Alpha· 2025-09-11 11:30
Group 1 - The U.S. stock market is experiencing a winning streak following a decline in the August wholesale inflation report, which was unexpected in both headline and core figures [2][4] - Mexico plans to impose a significant increase in tariffs on cars from China, raising the rate from 20% to as much as 50% to protect domestic industry and jobs [2] - Chipotle is expanding its brand into Asia, marking a strategic move for the company [4] Group 2 - Opendoor has appointed Shopify's COO as its new CEO, with co-founders rejoining the company [3] - The IPO of Klarna has seen a strong debut, while StubHub is set to go public next week [4] - Amazon is developing augmented reality glasses to compete with Meta [4]
X @Crypto Rover
Crypto Rover· 2025-09-10 15:33
💥BREAKING:🇺🇸🇪🇺 EU UNLIKELY TO TARIFF INDIA, CHINA AT TRUMP'S REQUEST: RTRS SOURCES. ...
X @Bloomberg
Bloomberg· 2025-09-10 11:08
Trump’s tariff authority lands on Supreme Court’s fast track for a ruling with tens of billions of dollars at stake https://t.co/q5VbzD8OsX ...
How Trump's closing of a tariff loophole cuuld cost US shoppers more
Yahoo Finance· 2025-09-07 21:00
The dimminimous exemption, which allowed packages worth less than $800 to enter the US without paying import taxes, is no more. It was first put in place back in 1938 under section 321 of the Tariff Act. This was designed to save the government time and money on small shipments.Over the years, Congress raised the threshold multiple times, eventually landing at $800. And as online shopping took off, the number of dimminimous packages did as well, rising from 153 million in 2015 to 1.4% billion in 2024. Now, ...
美国经济展望-《褐皮书》:稳定或走弱-US Economic Perspectives _Beige Book — steady or softening_
2025-09-07 16:19
ab 3 September 2025 Global Research US Economic Perspectives Beige Book — steady or softening Steady or softening conditions in the Beige Book In the latest Beige Book, see here, pulling together anecdata and surveys of regional business contacts, the majority of districts reported little or no change in economic activity since the prior reporting period, with only four districts reporting modest growth. This is somewhat downbeat versus the prior survey, in which five districts reported gains. In the survey ...
X @Investopedia
Investopedia· 2025-09-07 15:00
The de minimis exemption allowed many cheap products from websites like Shein and Temu to ship to the U.S. tariff-free. With the exemption eliminated, prices at low-cost retailers are expected to rise. https://t.co/zElqJdDHvU ...
X @Bloomberg
Bloomberg· 2025-09-06 10:48
Trump’s tariff tantrum against India has spurred Prime Minister Narendra Modi’s government into a wave of action, ranging from domestic reforms to deeper international engagement https://t.co/1eYjsWGdS0 ...
X @Bloomberg
Bloomberg· 2025-09-05 22:15
Donald Trump said there was "nothing to worry about" in his relationship with India, even as the US has pushed forward with a 50% tariff on many goods from the country https://t.co/62G2Il0UVj ...