President Joe Biden and former President Donald Trump share common ground on tariff policy. But some policymakers argue that while tariffs can protect and help grow domestic industries, they can also lead to higher prices for Americans. "The economics on tariffs are really clear that they're a tax increase that...

Why both former Pres. Trump and Pres. Biden's tariffs can hurt Americans’ wallets

Markets Insider

A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff plans are an "elixir for stagflation."

Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says

Reuters

(Reuters) -Commodity markets face greater fragmentation and supply disruptions if former U.S. president Donald Trump wins the Nov. 5 election to return for a second term, an HSBC economist said on Friday.

Trump re-election may lead to commodity market fragmentation, HSBC's Bloxham says

The Associated Press

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates. After some persistently high inflation reports at the start...

Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates

Fox Business

Billionaire Steve Ballmer, the former Microsoft chief executive and current owner of the L.A. Clippers, has surpassed Bill Gates in net worth for the first time.

Former Microsoft CEO Steve Ballmer tops Bill Gates' wealth

New Jersey State

You'll need to earn nearly $60,000 annually to live alone in Massachusetts, the most expensive state in the U.S. when it comes to basic costs, according to a recent SmartAsset analysis. That figure includes estimates for how much a single-person household needs to cover housing, transportation, health care, taxes and...

The 15 U.S. states with the highest cost of living for single people—No. 1 isn't California, New York or Hawaii

Top Democrats Nancy Pelosi and House Rep. Jim Clyburn said it is fair to raise concerns about President Joe Biden's fitness after he stumbled through his first debate with former President Donald Trump. Pelosi and Clyburn are some of the first high-profile Democrats to publicly validate recent anxieties about the...

Top Democrats Pelosi, Clyburn say Biden age concerns are 'legitimate' after debate

New York City, NY

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The e-Texan

New York – As Trump anticipates his sentencing on July 11th in the New York hush money case, Florida Judge Aileen Cannon made a ruling this Monday. Despite rejecting Trump’s legal team's request to dismiss several charges in the classified documents case, she conceded on a minor point. She removed a portion of the charges that referenced an uncharged allegation, but upheld the other charges.

Legal expert says Trump should not be jailed after New York guilty verdict because he is ‘too old’

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Business Insider

Steve Ballmer went from being Bill Gates' assistant to his successor as Microsoft CEO, and now he's surpassed him in wealth for the first time.

Steve Ballmer is now worth $157 billion — more than his former Microsoft boss Bill Gates

ANDY MILLS (AM): The Federal Reserve has indicated they’ll probably do one interest rate cut this year, but with cooling consumer spending, do you see that thesis changing at all?. JIM THORNE (JT): Short-term money has a higher rate of interest than long-term money. The yield curve is inverted....

The Fed is already too late to cut interest rates and now a crisis is brewing, strategist says

Fremont, CA

At 32, after 12 years of living rent-free with my parents in the San Francisco Bay area, I was ready to move into my own place. I had saved $400,000 and had the flexibility to make the leap, but whether it was uncertain streams of income, wanderlust and mostly, the financial benefits of staying put, something had been holding me back. Until November 2023, when I visited a friend at their Fremont, California, apartment complex.

33-year-old pays $2,146/month for 556-square-foot studio in California furnished 'almost entirely with Costco': Take a look inside

Trump Media, the Truth Social maker whose majority owner is former President Donald Trump, said it collected more than $105 million through the cash exercise of warrants. The company — which trades on the Nasdaq using Trump's initials, DJT, as its ticker — said it has more than $350 million in cash and no debt on its balance sheet.

Trump Media announces $105 million raised from DJT warrants

GOBankingRates

Billionaire Mark Cuban has a history of picking some good investments. While he's mainly known for his private equity investments on the "Shark Tank" TV show and his previous ownership stake in the...

If You Invested $10,000 in One of These Companies With Mark Cuban, You’d Be Worth $125,600

Christine Lagarde, president of the European Central Bank, discusses inflation in the euro zone and insists "it's not just Taylor Swift" who has boosted spending.

'It's not just Taylor Swift!' ECB head Christine Lagarde addresses inflationary boost

Getting accepted at your dream college can be an incredibly exciting moment. But opening your financial aid package can determine whether that dream becomes a reality. Nearly 90% of first-time, full-time undergraduate students at 4-year colleges received some type of financial aid for the 2020-21 school year, according to the latest data from the National Center for Education Statistics.

The 10 U.S. colleges that offer the best financial aid—none are public schools

The International Monetary Fund aimed criticism at growing risks in the US economy. In a report last week, it called out high debt, banking vulnerabilities, and trade barriers. These are important downside risks that could impact the global economy, it said. The US was the target of pointed criticism from...

The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers

USDA loans allow eligible homebuyers to get zero-down-payment mortgages in rural areas. Because they're backed by the U.S. Department of Agriculture, these loans have lower rates and more flexible credit requirements than conventional mortgages. They also don't require private mortgage insurance, which can add more than 2% to your loan annually.

What is a USDA loan and am I eligible?

Total Apex Sports & Entertainment

We are often eager to share our success with our loved ones. Some are self-obsessed with their achievements while others allow people to share their experiences. Yet, some zodiac signs are naturally humble. You won’t hear them bragging about what they did to people in their circles or despising them.

5 Most Humble Zodiac Signs

Toyota’s been in a tough spot recently, what with all the cheating and cheating and also the cheating. Now, things are getting worse, with big banks looking to pull their money out of the automaker — though it doesn’t seem the turmoil is to blame. From Reuters:

Toyota's new problem: Banks want out

NewsBreak

Trump is serious about using tariffs to counteract unfair trade practices, says Clete Willems

Kimberly Clausing, UCLA School of Law economist and professor, and Clete...

Trump is serious about using tariffs to counteract unfair trade practices, says Clete Willems

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