Tariffs

Autos

Why European, Especially German, Automakers are Going on Defense, Literally

Photo via Doroni

With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.

2 min read

Photo via LONG WEI/FEATURECHINA/Newscom

International Economics

Pentagon Blacklists Chinese Tech Giants, Setting Up Potential Restrictions

Headlining the list of companies that were added are e-commerce giant Alibaba, search giant Baidu, and BYD, the world’s top EV maker.

2 min read
Photo via AdMedia/SIPA/Newscom

Indicators

Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market

The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.

2 min read
Photo via Tian Yuhao/China News Service/VCG/Newscom

Semiconductors

China Market Fallout Overshadows Nvidia’s Blockbuster Sales Growth

In a call with analysts Wednesday, CFO Colette Kress confirmed that the company generated zero revenue from H200 sales to China.

1 min read

International Economics

What Wall Street CEOs Want from Trump-Xi Summit

Photo via Xinhua/Sipa USA/Newscom

The combined net worth of the US CEOs who joined President Donald Trump for a two-day summit in China is nearly $1 trillion.

2 min read

Photo by Tamara Malaniy via Unsplash

Consumer

Forget Eggs. Tomato Prices Swell as Inflation Hits Three-Year High

Prices for the fruits soared nearly 40% in April from a year ago, according to the latest figures from the Bureau of Labor Statistics.

2 min read
Photo via IMAGO/CFOTO/Newscom

Big Tech

Apple Flirts With Adding Intel, Samsung into Main Chip Supply Chain

Apple’s supply chain and manufacturing dependencies have turned problematic in the age of tariffs and friend-shoring.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by SilverV via iStock

Economics

What’s Good for Gas Is Good for the Greenback. But for How Long?

The Iran War reignited demand for the US dollar as a safe haven, but that may not stop the greenback’s longer-term decline.

5 min read

Big Tech

Apple Adds $100 Billion to American Investment Plans

Photo via Jimmy Jin

For those keeping score at home, that’s in addition to the $500 billion in domestic investments Apple announced earlier this year.

2 min read

Economics

Bottom Line Undercuts Hot Quarter for Top-Line US GDP

Photo via Corine Solberg/Sipa USA/Newscom

Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?

2 min read

Photo by Vlada Karpovich via Pexels

Finance

Can the S&P 500 Sustain a #HotStockSummer?

On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.

2 min read
Photo via Wiktor Dabkowski/ZUMAPRESS/Newscom

International Economics

Trump’s ‘Biggest Deal Ever’ With EU Prompts Yawn From Wall Street

The deal sets 15% baseline tariffs on EU goods and commits the bloc to buy billions of dollars worth of US energy and defense products.

2 min read
Photo via Matthew Huang/Icon Sportswire EHK/Matthew Huang/Icon Sportswire/Newscom

Consumer

Is Nike Pulling Off Its Comeback Plan?

In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.

2 min read

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