Never rains but it pours
Never rains but it pours
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Trump defends tariffs amid inflation, claims $100B+ revenue. Fed study links tariffs to rising consumer prices.
Strive raises $500M via SATA preferred stock (12% div) to buy BTC. ASST dips 2% as SATA trades below par.
Billionaires fund AI labs for breakthroughs, reviving Bell Labs' spirit. But federal R&D cuts & focus on short-term gains pose risks.
ECB's Lagarde warns of 110% service/60% goods trade barriers; calls for single market reform to boost EU competitiveness.
Fed eyes 0.25% cut amid data blackout. PCE hits 2.8%, but jobs data lags. Tariffs pressure biz. Fragile consumer.
AI boom's circular deals inflate valuations; Bank of England warns of stretched tech stocks. Is it momentum or a bubble?
Gulf of Mexico oil lease sale sees 219 bids on 1.3% of acreage. Lower royalties aim to boost industry despite 20% crude price drop.
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