Small businesses challenging many of President Trump’s global tariffs urged the US Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies https://t.co/E1CS9MtTId ...

One of the things I want is China's going to buy soybeans. I want China to stop with the fentinol. I don't want them to play the rare earth game with us.>> But you want them to. But do you think they will make a deal on soybeans. >> I do believe.Yeah. Because otherwise I'm not going to make a deal. No, I want them to buy our farmers have been boycotted by China and in particular our soybean farmers. And I want them to start buying soybeans at least in the amount that they were buying before. >> And I believ ...

BREAKING: 🇺🇸 Trump says the U.S. is ready to reduce China tariffs if Beijing takes reciprocal measures. https://t.co/N7R9Ee627G ...

Market Overview - U.S. stock futures rose on Monday following Friday's advances, with major benchmark indices showing positive movement [1] - The 10-year Treasury bond yielded 4.01%, while the two-year bond was at 3.47% [1] - The CME Group's FedWatch tool indicates a 98.9% likelihood of the Federal Reserve cutting interest rates in October [1] Futures Performance - Dow Jones increased by 0.18%, S&P 500 by 0.25%, Nasdaq 100 by 0.32%, and Russell 2000 by 0.66% [2] - SPDR S&P 500 ETF Trust (SPY) rose 0.21% to $665.81, while Invesco QQQ Trust ETF (QQQ) advanced 0.34% to $605.98 [2] Stocks in Focus - Cleveland-Cliffs Inc. (CLF) rose 1.13% in premarket, expected to report a quarterly loss of 48 cents per share on revenue of $4.90 billion [7] - Micron Technology Inc. (MU) increased by 3.27% after announcing it will stop providing server chips to data centers in China [7] - Moderna Inc. (MRNA) was up 0.65% due to the government's renewed national immunization strategy against COVID-19 variants [7] - Bitmine Immersion Technologies Inc. (BMNR) jumped 6.10% after announcing a forthcoming staking solution [8] Sector Performance - The market ended positively on Friday, with Consumer Staples as the top-performing sector, gaining 1.23% [10] - S&P 500 operating earnings are expected to hit a record high, up 10% over the last year [13] Economic Indicators - Upcoming economic data includes U.S. leading economic indicators, Fed governor speeches, and delayed jobless claims data [17]

So, President Trump now says he might show up in person to watch the Supreme Court argue his authority to set sweeping tariffs. A decision from the justices could overturn lower court rulings which found the president has no legal authority to impose countryspecific tariffs from earlier this year. Trump calls it one of the most important cases ever brought.So, joining me now to talk about it, former US attorney and host of the Talking Feds podcast, our friend Harry Litman. Harry, what is your reaction to Tr ...

IKEA’s low-cost furniture has won it legions of fans around the world. Now President Trump’s tariffs are forcing the company to do something it hates: raise prices.Read more: 🔗 https://t.co/lFOTaaU9hy https://t.co/uQLt5BGHmz ...

U.S. consumers are footing much of the bill for tariffs, and are likely to pick up an increasing share of the import taxes in the coming months, several separate economic analyses said this week. https://t.co/4qjiYCGNal ...

The Trump administration is quietly watering down some of the tariffs that underpin the president’s signature economic policy https://t.co/Hq3kQc95Ud ...

Core Viewpoint - The current credit issues in regional banks should not be overlooked, as they significantly impact bank returns and are indicative of broader economic trends [1] Group 1: Consumer Market and Credit Quality - The lower end of the consumer market is experiencing stress, with rising delinquencies in car loans among lower credit quality consumers [2] - Higher net worth institutions like JP Morgan, Bank of America, and Wells Fargo are not facing the same level of stress due to their customer base [2] - High yield spreads are at historically tight levels, raising concerns about the compensation for lending to lower quality companies [2] Group 2: Private Debt Concerns - The issuance of zero coupon bonds indicates a lack of cash flow to service debt, raising alarms about the financial health of companies [3] - New private debt categories lack the covenant protections that traditional bank debt offers, increasing risk exposure [4][6] - The rapid growth of private credit products, which are less secured and lack covenants, poses a significant risk to the financial system [6] Group 3: Economic and Market Conditions - The Hispanic community's reduced spending due to safety concerns is impacting the economy, highlighting pockets of credit weakness [7] - The current high valuations in public markets, driven by strong companies, could be affected if market sentiment deteriorates [9][10] - The focus of major banks on high net worth individuals rather than lower-end consumers suggests limited exposure to credit issues in the stock market [11] Group 4: Broader Economic Concerns - Inflation, tariffs, and deficits are identified as significant concerns for the economy, overshadowing the current state of credit markets [11][12] - Despite the challenges in private credit, the overall credit markets are perceived to be in relatively good shape, although risks remain due to inadequate compensation for the associated risks [12]

Trump says high tariffs threatened by both US and China are `not sustainable' https://t.co/IgU3glTc2m ...