Funding & Business
Tariffs Likely To Be Inflationary: Bernstein
One week after the ‘Big Beautiful Bill’ passed and since then Trump has sent letters declaring new tariffs on dozens of countries. US Council of Economic Advisers former Chair and Center on Budget and Policy Priorities Senior Fellow Jared Bernstein discusses his concerns on the deficit and tariffs. (Source: Bloomberg)
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Gold steadied after a two-day climb as traders focused on tariff threats from President Donald Trump and the outlook for US monetary policy.
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A temporary trading ban imposed by India’s securities regulator on Jane Street Group LLC is fueling concerns that volumes in the nation’s bustling derivatives market may drop, hurting business at the top exchange.
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A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
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