Funding & Business
Van Leeuwen CEO on Tariff, Inflation Impact, Expansion
Van Leeuwen Ice Cream Co-Founder and CEO Ben Van Leeuwen discusses the impact of tariffs and inflation on customers. He also discusses the difference between grocery and scoop shop business and expanding the brand. He speaks with Romaine Bostick on July 9 2025 in New York. (Source: Bloomberg)
Source link
A breakout rally in the shares of US regional banks may be setting investors up for disappointment, according to some Wall Street strategists, who recommend betting on a pullback in the sector as earnings season gets underway.
The SPDR S&P Regional Banking ETF (KRE), an exchange-traded fund that tracks the performance of Main Street lenders, is up more than 8% over the last month, nearly double the S&P 500 Index’s gains over the same period. Tailwinds for the sector include the prospects of an M&A boom, an easier regulatory environment and expectations of higher-for-longer interest rates.
Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald Trump. Meanwhile senior officials from three of OPEC’s core producer nations, Saudi Arabia, UAE, and Kuwait have said that the global market needed the recent decision to further hike supply. Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the sidelines of the OPEC Seminar in Vienna. (Source: Bloomberg)
Source link
JPMorgan Private Bank’s Grace Peters says markets are looking at effective “mid-teens” tariff rates, which “major economies can stomach and the markets can digest.” She adds that should tariffs move out of that range and reach 20% or 25% effective rates, it would “prove more problematic.” Peters speaks on Bloomberg Television. (Source: Bloomberg)
Source link
-
Funding & Business1 week agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Jobs & Careers1 week ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Mergers & Acquisitions1 week ago
Donald Trump suggests US government review subsidies to Elon Musk’s companies
-
Funding & Business1 week ago
Rethinking Venture Capital’s Talent Pipeline
-
Jobs & Careers1 week ago
Why Agentic AI Isn’t Pure Hype (And What Skeptics Aren’t Seeing Yet)
-
Education2 days ago9 AI Ethics Scenarios (and What School Librarians Would Do)
-
Education3 days agoTeachers see online learning as critical for workforce readiness in 2025
-
Education3 days ago
Nursery teachers to get £4,500 to work in disadvantaged areas
-
Education5 days ago
How ChatGPT is breaking higher education, explained
-
Education3 days ago
Labour vows to protect Sure Start-type system from any future Reform assault | Children
