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Jerome Powell · United StatesInflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment, but that could also push inflation higher. As tariff-induced inflation threatens to become the dominant narrative…See the Story
5 Things to Know About the Latest Inflation Report
55% Center coverage: 165 sources
Business · United StatesShares in Asia traded mixed on Wednesday after an update on inflation pulled most U.S. stocks lower, though gains for Nvidia pushed the Nasdaq to another record. Tokyo's Nikkei 225 gained 0.6% to 39,895.84 as the U.S. dollar rose against the Japanese yen, trading near 149 yen. Investors are focused on the potential impact of an election for the Upper House of Parliament on Sunday that is expected to lead to tax cuts and higher spending as lawmak…See the Story
Asian Shares Are Mixed After Nvidia Nudges Nasdaq to a Record, While Other US Stocks Slump
49% Left coverage: 53 sources
Despite Trump's tariffs, U.S. stocks with high international sales are beating domestic-focused names
100% Center coverage: 2 sources
BlackRock’s Bitcoin ETF Becomes Top Revenue Driver, Surpasses S&P 500 Fund - Fintech Schweiz Digital Finance News - FintechNewsCH
Stock Market Today: Dow, S&P 500, Nasdaq Set to Open Down; Trump Tariff Inflation Fears; Nvidia, ASML, More Movers; PPI Report
100% Center coverage: 1 sources
