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Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren't paying sharply higher prices because of U.S. trade wars. Here are four things we learned from the latest consumer-price index report.
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Treasury Secretary Scott Bessent's comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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JPMorgan's chief, Jamie Dimon, lauded the "resilient" U.S. economy as his bank reported bumper quarterly earnings.
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Dow falls 300 points on earnings, inflation concerns; Nvidia boosts Nasdaq: Live updates CNBCStock market today: S&P 500, Nasdaq climb on Nvidia boost, with CPI inflation, bank earnings in focus Yahoo FinanceNvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions The New York TimesStock Market Today: S&P 500, Nasdaq Hit Records After Bank Earnings; Inflation Meets Forecasts — Live Updates The Wall Street Journal
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Bessent says formal process to find replacement has begun
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The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.
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Thune explores rescissions amendment deal PoliticoSenate Republicans scramble to lock down support for Trump's spending clawbacks PoliticoHouse GOP urges Senate Republicans not to change DOGE cuts bill The HillWill Congress cut funds to NPR/PBS and foreign aid this week? NPR
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Mike Waltz pledges to make UN ‘great again' at Senate confirmation hearing AP NewsLive updates: Mike Waltz promises to make the UN 'great again' at Senate confirmation hearing AP NewsWaltz testifies at Senate confirmation hearing for UN ambassador ABC News - Breaking News, Latest News and VideosTrump's ex-national security adviser defends use of Signal months after group chat leak - live updates The Guardian
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Trump is flunking his Epstein test Financial TimesTrump flails as Epstein storm rages around his government CNNJon Stewart: ‘Classic' Trump distractions barrage won't quell MAGA Epstein ‘revolt' The HillTrump tells supporters not to 'waste time' on Epstein files. They're not happy NPR
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Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.
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Apple expands U.S. supply chain with $500 million commitment to American rare earth magnets AppleMP Materials stock rips 23% higher after $500 million Apple deal for rare earth magnets CNBCAmerica's Biggest Rare-Earth Producer Makes a Play to End China's Dominance - WSJ The Wall Street JournalApple backs Trump rare earth minerals push, invests $500M in US mine
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House Republicans block Democratic maneuver to force release of Epstein files AxiosDemocrats put aside previous misgivings to hit Trump over Jeffrey Epstein files NBC NewsDemocrats seize on Epstein files drama with new transparency calls Fox NewsRepublicans block effort to force release of Epstein files in Congress The Independent
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America's bullish stock market is at odds with Trump's policy agenda
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Kevin Hassett, Trump's longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, a position with significant influence over interest rates and the U.S. economy
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