Trump pivots to crime as war, economy imperil gop midterm hopes; says: iran blockade is a wall of steel; U.S. to pay a tiny little price for gasoline

U.S. federal trade commission conducting antitrust investigation into epic health systems' - reuters exclusive

White house reporter for semafor eleanor mueller posts on x "news: executives from coinbase, a16z, ripple & chainlink plus kalshi & paradigm (a kalshi backer) as well as digital chamber are among those expected to attend wednesday's meeting at the wh, people familiar with it tell me"

U.S. hostage kidnapped in niger was handed over to libya's eastern authorities; U.S. missionary pilot was held by islamic state affiliate in sahel; libya's military commander haftar aided deal to release U.S. hostage, sources say' - reuters exclusive

Yemen's houthi-run news agency saba cites military source as saying group attacked saudi aramco's najran facility with drone

U.S. baker hughes oil rig count +1 to 455; U.S. baker hughes natgas rig count +4 to 128; U.S. baker hughes total rig count 593 vs 588 prior

Canada and U.S. discuss critical minerals and defence in trade talks, sources say; U.S. demands include right of first refUSAl on canadian critical minerals and purchase of its f-35 fighter jets' - the globe and mail

Forget bitcoin, s&p 500: pokémon cards are up 28% in 2026 and beating them both

Applied materials has better growth prospects than it did 32% ago

Bessent asked to justify yen intervention in letter from warren' - bloomberg

USA retail inventories ex auto for june -0.4% vs -0.2% prior

Michigan consumer sentiment for august 51.0 vs 54.4 est.

USA business inventories (mom) for june 0.0% vs 0.2% est.

Michigan consumer expectations for august 50.6 vs 55.2 est.

The warsh rate-hike trade just collapsed

USA retail sales (yoy) for july 5.00% vs 6.72% prior

USA retail control (mom) for july revised prior from 0.5% to 0.4%

USA retail control (mom) for july 0.4% vs 0.3% est.

USA core retail sales (mom) for july -0.3% vs 0.2% est.

USA retail sales (mom) for july -0.6% vs 0.1% est.

Sec cancels friday open meeting to propose regulation crypto, first formal crypto rulemaking, one day ahead

Reported earlier, white house imposes 100% ad valorem tariff on defense-related drones weighing 55kg+ and certain critical components

Stock market today: dow jones futures slip, s&p 500 gains as us says it can maintain iran blockade 'indefinitely'—sandisk, workday, jd.com, applied materials in focus

Justin wolfers pushes back on scott bessent's 'k-shaped' economy is dead claim

White house to host crypto and prediction market executives ahead of cftc meeting with top wall street, cryptocurrency and prediction market officials

President trump says in truth social post court of international trade upholds presidential authority to end de minimis tariff exemption

Houthis say they’ve targeted aramco refinery in jazan again'- bloomberg

Fed's barkin says fed is not in a 'forward guidance place' right now; net job impact of ai is less an issue than the reallocation across jobs that it may require; many ai use cases do not seem mature enough yet to lead to large reductions in headcount

Fed's barkin says hard to know whether policy is restrictive given the standard errors around any model; torn between focusing on the fact that inflation has been above target for more than 5 years or focusing on the fact that it jumped in two separate episodes and is now slowing; do not think the labor market is as strong as data indicate, consider it vulnerable

Gary black says tesla needs to work on branding: ‘without great marketing, apple would not be a $4.4t market cap company’

Major indices are trading higher in response to retreating bond yields and promising inflation data easing concerns about imminent rate increases. market strength may be due to a drop in oil prices as investors evaluate the ongoing conflict in the middle east and related supply disruption.

Quick spark: $3.6b flows into spy in one day

Deepseek increases prices for ai services by multiple times' - bloomberg

Fed's barkin says current levels of federal debt are an inflationary "wind" that the fed has to navigate against

Fed's hammack says inflation is broad-based, not just found in certain sectors; businesses have adapted to tariff and oil shocks and there's resilience and investment

Fed's barkin says consumers have kept spending aided by employment; many business leaders explain they’ve concluded that high uncertainty is the new baseline; investments are not just from data centers; slowing labor demand growth has been accompanied by slowing labor supply growth

Fed's hammack reiterates need to raise rates right now; policy is not restrictive, businesses are excited to grow and borrow; labor market is stable; inflation amid recent shocks has risen; too much growth could put additional pressure on prices

Producer inflation unchanged in july, below expectations

Core ppi (mom) for july 0.2% vs 0.3% est.

Ppi (mom) for july -0.0% vs 0.2% est.

USA ppi (mom) for july revises prior from -0.3% to -0.1%

USA initial jobless claims prior revised from 199k to 200k

USA initial jobless claims 209k vs 202k est.

USA continuing jobless claims 1,777k vs 1,800k est.

USA ppi (mom) for july 0.0% vs 0.2% est.

Stock market today: s&p 500, dow futures rise as july inflation cools—cisco systems, netflix, applied materials in focus

Ford to grow lincoln production in us starting 2030, phasing out vehicle imports from china

Mexico pushes for lower auto tariffs in trade talks' - wsj

Canada, U.S. not yet ready to make tariff deal, canada unsatisfied with latest U.S. offer' - cbc

USA federal budget balance for july -432b vs -348.3 est.