Analysts are still in ‘Liberation Day’ mode when it comes to the companies most sensitive to tariffs. There’s room for upgrades to earnings estimates, @JonathanJLevin says (via @opinion) https://t.co/nBryEUvAM8 ...

LISTEN: China’s economy held steady despite Trump’s tariffs. But manufacturers are still racing to adapt as the trade war threatens global supply chains. What’s next?Our reporters discuss here ⤵️ https://t.co/R2bQOfr7Am ...

When President Trump slapped tariffs on nations across the globe, many economists feared the economy would flatten. That didn’t happen—and now businesses and consumers are regaining their swagger. https://t.co/WIBgPogfQv ...

Amazon quietly raised prices on low-cost products in the five months after President Trump first announced sweeping tariffs https://t.co/l1S430C31o ...

Joining us now, the former chair of the National Economic Council of Adviserss under President Biden, Jared Bernstein. Welcome back, Jared. It's always good to see you.So, let's start with what the Commerce Secretary was talking about there and this kind of whiplash in the markets last week to news that Trump considered firing Federal Reserve Chair Jerome Powell. Markets then dropped, but Trump backed off, saying it was highly unlikely, but he doesn't rule it out. So, the Wall Street Journal reports Treasur ...

Economic Resilience & Future Outlook - The economy's resilience is being assessed [1] - The next year's economic outlook is being analyzed [1] Supply Chains & Trade - Supply chains are being assessed [1] - The impact of tariffs is being assessed [1] Fiscal Policy - A look back at the introduction of the income tax [1]

Hawaiian coffee farmers have a message for President Donald Trump: Steep tariffs on major exporters such as Brazil will end up hurting them, too https://t.co/AID8CUvzDI ...

Fiscal Policy & Economic Impact - The legislation is viewed as a significant legislative achievement, but concerns exist regarding its potential to substantially increase budget deficits in the future [1] - The legislation is considered the largest cutback in the social safety net identified, occurring alongside potential reductions in spending on scientific research, arts, humanities, and foreign assistance programs [3] - Concerns are raised that the legislation compromises the nation's capacity to defend itself due to increased debt and negatively impacts its standing as a humane force in the world [4] - Bond market trends, particularly forward rates on regular bonds (well above 5%) and TIPS (well above 3%), are seen as potentially ominous indicators of the nation's medium-term credibility and ability to issue long-term debt [12] Tariffs & Inflation - Despite concerns about tariffs, CPI numbers have not yet indicated the inflation predicted by most economists [6] - The impact of tariffs on inflation may be delayed, with potential deflationary forces from artificial intelligence and technology possibly influencing the situation [7][8] - Studies during the president's first term indicated that tariffs translated into higher prices in affected sectors [9] Consumer & Small Business - Consumer spending grew by over 4% in the second quarter of 2024, supported by employment and wage growth [14] - Moderate-income households are showing some shifts in spending patterns, but overall discretionary spending remains consistent [15] - Small and medium-sized businesses face challenges due to the rising interest rate environment affecting their short-term borrowing costs [16] - Uncertainty surrounding trade and tariffs poses challenges for companies engaged in international trade, while the certainty provided by the tax rate is seen as a positive factor [17] Labor Market - Construction, farming, and travel/entertainment companies are expressing concerns about labor availability at any price [18] - Ensuring an adequate workforce is crucial for the continued growth of the service economy [19]

IN, SCARLET FU WITH VONNIE WHEN THE S&P 500 IS NEAR RECORD HIGHS BUT HASN'T MOVED A LOT THIS AFTERNOON. VONNIE: ALMOST AT 6300 FEET FLAT ON THE S&P 500 BUT 50% OF THE COMPANIES IN IT ARE HIGHER AND 50% OR LOWER. WE HAD COMMENTS FROM CHRIS WALLER ON TELEVISION TODAY REITERATING HIS CASE FOR A RATE CUT AND THE PRESIDENT IS PUSHING FOR A MINIMUM TARIFF. YOU HEARD THE PRESIDENT TALKING ABOUT TARIFFS ON BRICS AND OTHER COUNTRIES. PROFIT TAKING AS WELL, GIVEN THAT IT IS FRIDAY. SCARLET: LET'S BEGIN OUR MARKET DIS ...

I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...