France may scrap Easter Monday and May 8 to reduce public debt. PM Bayrou’s plan targets €43.8B in savings, sparking backlash across political lines. 🇫🇷 France Considers Cutting Two Public Holidays to Save €43.8B Paris, July 16, 2025 – The French government has unveiled controversial cost-cutting proposals that could result in the elimination of two … Read more
US wholesale inflation held steady in June as tariff-driven goods price rises were offset by falling services costs—Dow and S&P futures ticked higher. 📊 Overview Despite new tariffs, the U.S. Producer Price Index (PPI)—the key measure of wholesale-level inflation—remained unchanged in June compared to May. Year-over-year, PPI rose 2.3%, slipping from 2.7% in May, signaling … Read more
Bank of America Q2 earnings beat at $0.89 EPS, but revenue fell short at $26.6B due to a $70M net interest income miss. Trading and consumer resilience provided support. 🏦 Bank of America Delivers Mixed Q2 — Profit Beats, Revenue Lags Charlotte, July 16, 2025 – Bank of America reported a $0.89 EPS for Q2, … Read more
Morgan Stanley Q2 beat: EPS at $2.13 vs $1.96, revenue $16.79B vs $16.07B, driven by strong trading and wealth management growth. 📊 Morgan Stanley Crushes Q2 Expectations on Trading & Wealth New York, July 16, 2025 – Morgan Stanley delivered a strong Q2 performance, topping Wall Street estimates thanks to elevated trading activity and wealth … Read more
A Delaware court hears an $8 billion shareholder trial accusing Mark Zuckerberg and Meta’s board of violating a 2012 FTC privacy order in the Cambridge Analytica case. (157 characters) 🧭 Introduction A high-stakes non-jury trial has fired up in Delaware’s Court of Chancery: Meta shareholders are filing an $8 billion derivative lawsuit against top executives, including Mark … Read more
Nvidia has won U.S. approval to resume H20 AI chip exports to China after a reversal in Trump-era restrictions—boosting revenue and reshaping global tech trade. Introduction Nvidia (NVDA) has just reversed course: following a meeting between CEO Jensen Huang and President Trump, the U.S. Commerce Department will allow licensed sales of its H20 AI chip … Read more
Goldman Sachs Q2 earnings beat with $10.91 EPS and $14.58B revenue, driven by a trading surge. Equities trading jumped 36%, adding $840M over estimates. 📈 Goldman Sachs Tops Q2 Estimates on Trading Boom New York, July 16, 2025 – Goldman Sachs surpassed Wall Street’s expectations, posting Q2 earnings per share (EPS) of $10.91—well above the … Read more
The US has launched a Section 301 probe into Brazil over tariffs, trade barriers, and digital policies. Learn what’s at stake for global trade. 🔍 Overview The U.S. Trade Representative (USTR) has officially initiated a Section 301 investigation into Brazil’s trade policies, targeting sectors from digital commerce to tariffs and ethanol access. This probe follows … Read more
Jim Cramer says buying IMAX stock could be the smartest way to invest in the movie industry. Discover why this tech-driven cinema company is gaining investor attention and global momentum. In an era of streaming wars and box office uncertainty, CNBC’s Jim Cramer believes the real blockbuster investment isn’t Netflix or Disney—it’s IMAX. Yes, you … Read more
Central banks are ramping up gold purchases from local mines as prices surge past $2,600 per ounce. Learn what’s driving this global trend and how it impacts American investors, inflation, and the future of currency stability. ✨ Gold Rush 2.0: Why Central Banks Are Turning to Local Mines We’re witnessing a new kind of gold … Read more