Author: Arabian Media staff
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it’s coming soon, perhaps as soon as next week. Source link
While the Biden presidency wasn’t smooth sailing for the stock market (the S&P 500 fell nearly 20% in 2022), the equity market under the 46th president ultimately came out ahead: the S&P 500 returned more than 65% between Jan. 20, 2021, and Jan. 20, 2025. At the start of the Biden presidency, the stock market yielded strong returns as interest rates remained low and the federal government provided economic stimulus to support Americans. Yet in 2022, the market plunged when the Federal Reserve began quickly hiking rates to tamp down on high inflation. When ChatGPT was released in late 2022,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UniCredit has attacked the Italian government’s intervention in its hostile takeover bid for rival Banco BPM, criticising its use of powers setting conditions for the deal as “illegitimate”.In a statement following an Italian court decision on Saturday that handed UniCredit a partial win against Giorgia Meloni’s government seeking to impose stringent conditions for a takeover deal, the Milanese bank said the court’s decision was “unequivocal proof that the way in which [the government’s powers] were used was illegitimate”.UniCredit, led by chief executive…
This article is an on-site version of our The Week Ahead newsletter. Subscribers can sign up here to get the newsletter delivered every Sunday. Explore all of our newsletters hereHello and welcome to the working week.Wall Street takes centre stage, as a string of US financial institutions post second-quarter earnings. Bank of New York Mellon, Wells Fargo, Citigroup, BlackRock and JPMorgan are up on Tuesday, followed by Bank of America, Morgan Stanley and Goldman Sachs on Wednesday. Analysts expect a glittering set of reports, buoyed by the weak dollar and broad sanguinity about the likelihood of a global trade war.US…
Tuesday’s consumer-price index report for June comes into sharp focus for the stock market this week. Source link
Investors keeping tabs on corporate executive trading might view recent transaction patterns as a clear signal to dump U.S. stocks. While recent data shows corporate executives sold much more than they bought in June 2025, this pattern is actually normal and far less meaningful than most investors realize. The reason is simple: executives sell their company stock for dozens of personal reasons—from tax planning to buying a house—but they typically only buy for one reason: they believe the stock price will rise. Key Takeaways Company executives can trade their company’s securities provided it’s not based on material, nonpublic information. Millions…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The EU will delay its plan to hit the US with tariffs on €21bn of its annual exports to Europe on Tuesday in the hope of coming to an agreement after Donald Trump announced that he would hit the bloc with 30 per cent tariffs from August 1.European Commission president Ursula von der Leyen said on Sunday that the application of tariffs to €21bn of annual US exports to the EU, including chicken, motorcycles and clothes, that were due to come into…
Second-quarter results will offer the “first real test into the ramifications of tariffs,” one strategist says. JPMorgan and Netflix lead them off. Source link
In 2015, Martin Shkreli captured national headlines when he raised the price of a life-saving medication by 5,000%—from $13.50 to $750 per pill. But the audacious price hike wasn’t what ultimately landed him behind bars. The real story involves a web of deception spanning multiple companies, millions in misappropriated funds, and a brash personality that loved to court controversy. This is the story of how a former hedge fund manager’s pharmaceutical scheme unraveled, revealing his criminal fraud while also helping to change how drugs are priced in America. Key Takeaways Shkreli orchestrated a complex securities scheme where he misappropriated millions…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chancellor Rachel Reeves will on Tuesday set out a vision for Britain’s financial services industry based on sound public finances and a regulatory system geared towards growth rather than eliminating risk.Reeves will tell City of London grandees in her Mansion House speech that she will not put at risk Britain’s economic “stability”, in spite of pressure from some Labour MPs for higher public spending and looser fiscal rules.An ally of the chancellor said she would announce plans to tear up “reams of…