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Living in the Now, with John Doe
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Another drugmaker says tax reform, not tariffs, would drive U.S. manufacturing
AbbVie took a little shot at the Trump administration’s trade policy, as the drugmaker said Friday that rather than tariffs, tax reform is the key to boosting U.S. manufacturing.
What the plunge in shipping traffic from China tells us about tariffs, stocks and the economy
Fears of pandemic-era shortages at American stores have made a big comeback as shipping-container traffic between China and the U.S. plunged in the wake of President Trump’s tariffs.
‘Too early’ to call bitcoin a safe haven as it outperforms stocks and dollar amid tariff turmoil
Bitcoin bulls have long been frustrated to see the crypto trade in a fashion similar to stocks and other assets perceived as risky, rather than as a store of value such as gold. Now, some think they see tentative signs of a shift.
This common worry about Nvidia is ‘laughable,’ Morgan Stanley says
A Morgan Stanley analyst doesn’t think we’re in an AI bubble — and expects Nvidia to benefit from robust inference demand for the foreseeable future.
Google earnings were ‘pristine.’ But does that actually matter for Alphabet’s stock?
The current stock market is driven more by headlines than fundamentals, a Bernstein analyst said.
Could tariffs slow down fast fashion and help the environment? Don’t count on it.
Prices increases at retailers like Shein and Temu could lessen demand, but fast-fashion companies are poised to adapt — possibly at a cost to the ecosystem.
As Social Security starts operating under controversial new rules, here’s how they could affect you and your benefits
Also: Uncle Sam’s new approach to student-loan collection, a golden opportunity in the bond market, and how to determine whether we are heading into a recession.
Elizabeth Warren presses Bessent for answers after his remarks at private Wall Street event
Massachusetts Democrat says Bessent’s participation at the event highlights a broader concern that President Trump’s “opaque decision-making” could foster insider trading.
Dealmaking remains uncertain, Lazard banker says: ‘We’re not in normal times.’
Lazard’s stock retreated on Friday after the investment bank said that its deal backlog has grown but that an elevated level of economic uncertainty is making it difficult to predict how the second quarter will play out.
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