America will pay the price for Trumpian tariffs. Growth was underwhelming and inflation disappointingly high in the first half of the year. But the full toll of the dismal new policy will be felt over the long term https://t.co/b9vpS9EvATPhoto: AP https://t.co/1RMG9p7tJe ...

US consumers probably experienced a slight pickup in underlying inflation as retailers adjusted prices on a variety of merchandise exposed to higher tariffs https://t.co/wTmOTWL2Kd ...

From @WSJopinion: The inflation rate may slow, but households keep feeling the burn up until their wages rise. This is why it’s economically correct but politically irrelevant to say that Trump’s tariffs won’t prove inflationary, writes Joseph Sternberg. https://t.co/gRXALtlmnW ...

is day 201 of the second Trump administration and this week it finally happened. President Trump's tariffs went into effect on more than 60 nations around the world, pushing the average tariff rate to 18.6%. Now remember, Trump campaigned on making America great again.What he has done here is take America back to the 1930s, which is when we last saw tariffs this high. And there could be more to come on countries like China and India. Not to mention tariffs on semiconductors and pharmaceutical products.In a ...

Months-long negotiations between India and America towards a “mini-deal” have shaved just a percentage point off the original threat of 26% tariffs on Indian exports to America. Neither side seems in the mood for compromise https://t.co/39KyyYmIff ...

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. , STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER." I'M JOE MATHIEU. THE TRUMP TARIFF CHAOS GOES FOR THE GOLD.ROILING MARKETS IN UNPRECEDENTED FASHION, STUNNING TRADERS AND THROWING BULLION MARKETS INTO TURMOIL. THE WHITE HOUSE PREVIEWS A CLARIFICATION ON THE ISSUE IN THE NEAR FUTURE. WE WILL TAKE A LOOK AT HOW MARKETS WERE SENT FOR A SPIN.REPORTS OF THE RESIDENTS SEARCH FOR A NEW ...

Tariffs and waning demand, particularly for footwear, are weighing on the company as it works to sharpen its brand, CFO David Bergman said. https://t.co/H1aKnZM4q4 ...

Market Performance & Indices - NASDAQ 100 and the composite indices reached record highs [2] - S&P 500 missed a new record by 18 or 28 cents [2] - The Dow increased by 1 and a third percent for the week [2] - NASDAQ was up almost 4% [3] Sector & Stock Movements - Tech sector led gains, up almost 1%, followed by financials and healthcare [3] - Utilities and real estate sectors posted losses for the day due to interest rate sensitivity [3] - Apple increased by 4 and a quarter percent, Alphabet up 2 and a half percent, and Tesla up over 2% [4] - UnitedHealth was up 2 and a half percent, while McDonald's slid about three-quarters of a percent, and IBM was down about 1 and a half percent [5] - Uber decreased by 3%, while FedEx and United Airlines both increased by about 1 and a half percent [6] - Micron increased by about 6%, while Microchip decreased by 6 and a half percent, and Super Micro decreased by about 4% [6] Economic Factors & Tariffs - Tariffs are expected to slow things down, with about two-thirds of the Liberation Day tariffs going into effect [10] - Inflation remaining stubbornly above 3% on CPI, coupled with a weakening consumer and labor market, could lead to a 10% to 20% correction [15] - Effective tariff rates are expected to increase by another 8% based on announced deals [23] Pharmaceutical Sector - Eli Lilly's stock decreased after the Orphaglyron attain one study showed 11-12% weight loss at 72 weeks, lower than the expected 14% [50] - Eli Lilly raised its full-year guidance, driven by Mangaro and Zetbound performance in the US and XUS [52] - Gilead is innovating in the convenience space with a twice-yearly injection for HIV prevention [60]

as the best performing stock in the S&P 500 this year. With a strong week in the books, markets now turn their attention to the July CPI report coming out on Tuesday. Can the numbers derail the recent rally.Let's bring in Jack Stewart. He's the lead portfolio strategist at Natixis. Jack, great to have you with us.What are your expectations. Do we actually start seeing inflation from tariffs show up. >> You know I think if you look at the most recent prints that we've had, we're seeing signs of it starting t ...

The damage America’s tariffs will do to Brazil will probably be constrained. The bigger risk may lie in what Luiz Inácio Lula da Silva does next https://t.co/bDXVbayMajPhoto: Reuters https://t.co/7F0SmgD40R ...