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Tariffs are unlikely to cause as much consumer disruption as feared, says PNC's Yung-Yu Ma
CNBC Television· 2025-07-02 15:38
Plenty for markets to digest between the president's mega bill making its way through Congress and then this breaking news of a trade deal with Vietnam. Joining us here at Post9 is PNC Asset Management Chief Investment Strategist Yang Yuma. It's great to see you again.Just on the Vietnam trade deal that was just announced. So it sounds like the head first of all headline is they made a trade deal and 20% tariffs which President Trump says Vietnam will pay coming into our market though that could be a headac ...
X @Bloomberg
Bloomberg· 2025-07-02 14:36
President Donald Trump says he had reached a trade deal with Vietnam, following weeks of intense diplomacy ahead of a deadline next week https://t.co/WY9NRaqAQG ...
Invest in This Dream 5-Stock Diversified Portfolio for Gains in 2H
ZACKS· 2025-07-02 12:16
Key Takeaways Five stocks from diverse industries gained over 50% in 1H and more upside left in 2H 2025. CVNA expects over 100% earnings growth in 2025, fueled by ADESA integration and tech-driven efficiencies. JBL sees AI, data center demand, and product diversification driving 18.5% earnings growth next year.Wall Street closed at a record-high level to finish a turbulent first half of 2025. June was highly successful for U.S. stock markets. The three major stock indexes — the Dow, the S&P 500 and the Na ...
X @Bloomberg
Bloomberg· 2025-07-02 11:11
Blackstone, Apollo and other private-market giants have pledged to invest hundreds of billions of dollars in Europe, but the immediate outlook for buyout deals still looks pretty hazy https://t.co/6mGdzN4VoP ...
Trump Stands Firm on July 9 Tariff Deadline | WSJ News
WSJ News· 2025-07-02 07:19
Mr. . President, are you thinking of extending the pause on terrorists beyond July 9th. No. No, I'm not. I'm not thinking about the pause.Uh I'll be writing letters to a lot of countries and I think you're just starting to understand the process. We've dealt with Japan. I'm not sure if we're going to make a deal.I doubt it with Japan. They're very tough. You have to understand they're very spoiled.I love Japan. I I really like the new prime minister, too. Hobby was one of my closest friends, as you know.The ...
X @Elon Musk
Elon Musk· 2025-07-02 05:06
RT Chip Roy (@chiproytx)FACT: The Senate OBBB increases deficits and violates the terms of the budget deal in the House.FACT: The Senate OBBB guts the strong provisions to terminate the “green new scam” subsidies in the House bill.FACT: The Senate OBBB removes key provisions we put in the bill to stop illegal aliens from getting Medicaid.FACT: The Senate OBBB removes key provisions we put in the bill to stop taxpayer funding of transgender surgeries.FACT: We can amend it, send it back, fix it, & pass both t ...
X @The Wall Street Journal
Trade deals are proving elusive for Trump. The standoff with Japan shows why. https://t.co/6kMr3ydZnP ...
Trump comments on Netanyahu's upcoming White House visit amid push to end war in Gaza
NBC News· 2025-07-01 20:02
How firm are you going to be with Netanyahu about ending the war in Gaza. Very firm. But he wants it to.I will tell. He's coming here next week. Uh he wants to end it, too.But is there a point where you tell where you tell Netanyahu like you got to you got to end this now. You got to strike a deal. Well, he wants to. I can tell you he wants to.I think we'll have it. I think we'll have a deal next. ...
Trump on July 9 trade deal deadline: Not thinking about extending
CNBC Television· 2025-07-01 19:52
But the president has made some comments to reporters on Air Force One moments ago. Aean Jabers is tracking that for us. What'd he say, Aean.Scott, that's right. The president is on Air Force One. He's on his way back from Florida talking to reporters about Fed Chair Jay Pal, who he called a Uh, and said that he has two or three other candidates in mind to replace Pal's Fed chair, but did not go so far as to say when he envisions naming that person.So, the White House has been hinting now for several days t ...
Colleges can now outright pay athletes: Here's what it means for sports at-large
CNBC Television· 2025-07-01 19:51
Welcome back to Power Lunch. A new era is beginning for college sports. Effective today, colleges and universities are now permitted to directly compensate their student athletes.Just outright pay them with a paycheck. Let's bring in Alex Sherman to discuss just how much money is actually on the table, as well as what the competitive implications are, not just for each team, but for amateur/pro sports and pro sports outright. Right.It's hard to know what's amateur and what's pro these days, right. There's n ...