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Will Widening Metal Tariffs Lead to Inflation?
Bloomberg Television· 2025-08-19 23:52
From your perspective, how does this demonstrate to us just how wide reaching his tariff policies are. When you think about these tariffs in particular being enacted under Section 232 on the basis of national security concerns. Thank you, Tyler, for having me.And you're right, there is a bigger picture here. I mean, directly, this is going to contribute to inflation. It's going to make things more expensive for other businesses, more expensive for consumers.And if it doesn't get passed through fully to infl ...
X @Bloomberg
Bloomberg· 2025-08-16 09:18
What happened to the global economy this week — in charts https://t.co/n6DReYK79R ...
X @Sei
Sei· 2025-08-14 23:49
Stablecoins will do for the dollar what the internet did for information.Programmable, borderless, accessible - providing a tether to the global economy.As adoption accelerates worldwide, scalable infrastructure will matter.Stablecoins Move Faster on Sei. ($/acc) https://t.co/TnaFmnxlA7 ...
X @Bloomberg
Bloomberg· 2025-08-11 19:15
US economic data has shortcomings, but try living without it, says @Moss_Eco. The global economy would fly blind (via @opinion) https://t.co/zPbFjRvn3i ...
Cabot's Earnings Top Estimates in Q3, Sales Miss on Lower Volumes
ZACKS· 2025-08-11 13:06
Core Insights - Cabot Corporation (CBT) reported third-quarter fiscal 2025 earnings of $1.86 per share, a decrease from $1.94 in the same quarter last year [1] - Adjusted earnings were $1.90 per share, down from $1.92 year-over-year, but exceeded the Zacks Consensus Estimate of $1.80 [1] - Net sales for the quarter were $923 million, missing the Zacks Consensus Estimate of $962.3 million, and reflecting a 9.2% decline from the prior-year quarter [1] Segment Highlights - Sales in the Reinforcement Materials segment fell approximately 11.7% year-over-year to $573 million, with EBIT down around 5.8% to $128 million due to lower volumes in Asia Pacific and the Americas [2] - The Performance Chemicals division saw a 3.6% decline in sales to $320 million, while EBIT increased by about 3.6% to $57 million, driven by higher gross profit per ton despite reduced volumes [3] Financials - At the end of the third quarter, the company had a cash balance of $239 million, with cash flows from operating activities generating $249 million [4] - Capital expenditures for the quarter totaled $61 million, with $24 million used for dividends and $40 million for share repurchases [4] Outlook - The company reaffirmed its fiscal 2025 adjusted EPS guidance of $7.15 to $7.50, citing ongoing tariff uncertainty and global economic conditions affecting customer demand [5] - Results are expected to be at the mid-to-lower end of the guidance range, although improved demand in the fourth quarter could push results higher [5] - Despite macroeconomic challenges, the company anticipates earnings growth and strong operating cash flow, focusing on cost reductions and operational optimization [5] Price Performance - Cabot's shares have declined by 18.1% over the past year, compared to a 24.4% decline in the industry [6]
X @Balaji
Balaji· 2025-08-08 17:57
Global Economic Trends - The former first world is largely becoming the descending world [2] - Much of the former third world is now the ascending world [2] - Edelman's numbers correlate with GDP figures and visible improvements in countries like Saudi Arabia, Malaysia, India, and China [1] Data Reliability - There are potential concerns regarding the accuracy of Edelman's numbers for specific regions, such as Nigeria and Kenya [1]
This Morning’s Top Headlines – Aug. 7 | Morning News NOW
NBC News· 2025-08-07 12:59
Global Trade Tariffs - US trading partners face tariffs averaging over 17%, the highest since 1935 [1] - Brazil faces tariffs as high as 50% [1][5] - India may face tariffs of 50% due to Russian oil purchases [2][13] - Tariffs could increase prices on everyday goods, with consumer impact felt within months if tariffs persist [2][5] - Potential price increases include coffee, orange juice, bananas, seafood, chocolate, and large appliances [8][9] - President threatens 100% tariffs on semiconductors if companies don't build them in America [12] - Markets expected the tariffs, so no crazy movement has been observed [17] US Domestic Issues - Planned meeting of administration officials regarding Jeffrey Epstein files did not occur [18][19][20][21] - Texas Democrats fled the state to stall Republican redistricting plans, leading to a bomb threat at their hotel [27][28][29][30] - An active duty US Army sergeant opened fire at Fort Stewart, wounding five soldiers [33][34][35] - United Airlines experienced a technical issue grounding flights, causing delays and cancellations [44][45] Extreme Weather Impact - Extreme weather impacted most parts of the US, including floods in the South and wildfires in the West [46][47] - Wildfires in Canada and the western US caused air quality alerts in over a dozen states [47][48][53] - Phoenix expected to reach a record 116°F [50][57] - Heat alerts are in effect for 37 million people across the plains and southwest [56]
X @Bloomberg
Bloomberg· 2025-08-06 11:06
Trade wars are again grabbing all the headlines, but in today’s global economy it’s the competition over people — and population — that should really be getting more attention https://t.co/A1zmpifZqN ...
X @BBC News (World)
BBC News (World)· 2025-08-05 23:39
How Trump's secondary tariffs on Russia could hit the global economy https://t.co/MdOpn3lygE ...
LIVE: Markets in focus as Trump formalizes high tariffs and tries to reshape global economy
MSNBC· 2025-08-01 08:05
Watch as markets react to President Donald Trump formalizing an array of high tariff levels and trade deals he has announced in recent weeks. It is the latest escalation in his attempt to disrupt and reshape the global economic order. In a sweeping executive order, Trump made official his agreements with prominent trading partners such as the European Union, Japan, South Korea, the United Kingdom and the Philippines. Trump's order, which came hours before a self-imposed deadline for trade deals, also unilat ...