Author: Arabian Media staff

The next major U.S. inflation report is set to arrive on Tuesday in the form of the consumer-price index for June, and will inform investors as to whether President Donald Trump’s tariff wars with other countries have had a sizable impact on inflation. Source link

Home prices could creep up in high-tax areas as more home buyers seek to benefit from the SALT deduction. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Here we go again. That must have been the first thought on the minds of many Tesla shareholders this week as Elon Musk waded back into the political fray, declaring his intention to launch a third party to rival the Republicans and Democrats.It is less than two months since Musk’s moonlighting for Donald Trump’s administration led a group of Tesla shareholders to call for their chief executive to devote at least 40 hours a week to his day job, and the latest…

The chip maker’s new MI350 series AI accelerators are competitive with Nvidia’s Blackwell AI platform, according to HSBC — and their pricing hits a sweet spot. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Virtu Financial has come out against rival Citadel Securities’ attempts to block the opening of a new US options exchange, as the high-speed trading giant wades into a dispute over market structure that has sucked in some of Wall Street’s biggest names.The disagreement hinges on the implementation of a 350-microsecond so-called “speed bump” that US exchange operator IEX — made famous by the Michael Lewis’s bestseller Flash Boys — hopes will protect traders on its proposed exchange from buying and selling options at…

The stock market’s rally since June hinged on only a handful of familiar technology names Source link

Stay informed with free updatesSimply sign up to the UK property myFT Digest — delivered directly to your inbox.Companies renting offices, shops or warehouses will be able to negotiate cheaper deals with landlords for the first time under government plans to end the historic system of “upward-only rent reviews” for new leases in England and Wales.The English Devolution and Community Empowerment Bill published on Thursday includes a provision to ban clauses in commercial property leases that say rents cannot go down when a rental agreement is renewed.The clauses have been standard in Britain’s property market for decades, giving security to…

President Donald Trump’s plan to hit Brazil with a 50% import tax on Aug. 1 threatens to increase prices for coffee and orange juice, two of the South American country’s key products. Source link

Should you believe the financial “geniuses” of Wall Street? Source link

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldJPMorgan Chase chief executive Jamie Dimon warned European leaders they have a competitiveness problem and that they are currently “losing” the battle to rival the US and China. “Europe has gone from 90 per cent US GDP to 65 per cent over 10 or 15 years. That’s not good,” Dimon said at an event in Dublin organised by the Irish foreign ministry. “You’re losing.” The comments from Dimon, one of the most influential voices in global finance, underscores the challenges facing the…