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Economics Headlines
Trump is making a rare Western trip to talk about the economy bostonglobe.com
President Trump has struggled to connect with voters on the economy as elevated inflation and feelings of uncertainty have overshadowed the stock market gains he often talks about.
Source: bostonglobe.com
The Massachusetts economy has lost its competitive edge bostonglobe.com
Talk to people across industries and you’ll hear that the boundless vibrancy we once took for granted has faded, with a broken housing market and the Trump 2.0 administration partly to blame.
Source: bostonglobe.com
TKO CEO Ari Emanuel: Paramount-WBD merger needed for the economy of Hollywood cnbc.com
Ari Emanuel, WME Group executive chairman and TKO Group CEO and executive chairman, joins ‘Squawk Box’ to discuss why he’s in favor of the Paramount-Warner Brothers merger. The deal remains on hold due to antitrust concerns.
Source: cnbc.com
Trump will discuss economy during stops in California and Nevada apnews.com
President Donald Trump is making a rare visit to California and Nevada to try to draw contrasts with Democrats on the economy and other issues.
Source: apnews.com
Fed’s Paulson keeps ‘open mind’ on rate policy outlook amid high inflation reuters.com
Federal Reserve Bank of Philadelphia President Anna Paulson said Tuesday she was keeping an “open mind” about what lies ahead for monetary policy in an outlook that could call for higher rates.
Source: reuters.com
Xi Wants a Strong-Looking Yuan. China’s Economy Keeps Holding It Down. wsj.com
Plus, Beijing accelerates its buildup in space and a drone maker cleans 28 tons of waste from Mount Everest |WSJ China for Aug. 4.
Source: wsj.com
Wall Street: Less Fed information will mean more volatile markets axios.com
Markets won’t stop trying to predict the Fed’s actions in the face of less information.
Source: axios.com
US economy is overstimulated — and bond markets fear it reuters.com
Despite erratic politics and global conflict, the U.S. economy is building a powerful head of steam — and risks overheating. Step back from the daily noise and the picture is clear: fiscal largesse, loose financial conditions, booming business investment and near-zero real interest rates are all stoking the economic engine.
Source: reuters.com
Katayama Says US Evaluates Japan’s Economic Policies Highly bloomberg.com
Washington evaluates Japan’s economic policies highly, Finance Minister Satsuki Katayama said, sidestepping a question on whether the US helped Japan strengthen the yen out of concern over Tokyo’s financial markets.
Source: bloomberg.com
A Currency Trader at Heart, Bessent Bets on Japan’s Yen nytimes.com
Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
Source: nytimes.com
Japan’s economy minister says pass-through of costs limited so far reuters.com
Japan’s Economy Minister Minoru Kiuchi said on Tuesday the pass-through of rising costs from the Middle East conflict on consumer goods prices remains limited so far, offering a sanguine view on inflationary risks.
Source: reuters.com
Japan casts military buildup as path to economic prosperity reuters.com
Japan’s government is portraying its accelerating military buildup not only as a way to protect the country but as a route to greater prosperity, arguing in its latest defence white paper that arms production can support economic growth.
Source: reuters.com
Trump administration sued by 25 states over new tariffs on trading partners aljazeera.com
The states claim the new levies are a pretext to re-impose tariffs that were ruled illegal by the US Supreme Court.
Source: aljazeera.com
Fed’s Williams says inflation should cool, but rate hikes are possible usatoday.com
Federal Reserve Bank of New York President John Williams said he remained optimistic that inflation pressures are on track to ease gradually.
Source: usatoday.com
Petrol prices strain US households as oil giants Chevron, Exxon profits soar aljazeera.com
Source: aljazeera.com
