Politics Trump: ‘I’d Be the Greatest Communist in History’ Trump told the Faith & Freedom Coalition he’d be ‘the greatest communist in history,’ attacking NYC socialist wins and rent-control politics. Here’s the market angle.
Politics Trump Plans Major Overhaul of D.C.'s East Potomac Golf Course President Trump announces plans to renovate East Potomac Golf Links in D.C., aiming to host major tournaments. Construction set to begin September 1.
Politics California's 4 Richest Paid Just 0.07% of Wealth in Income Tax: NYT California's four richest residents paid an average 0.07% of their wealth in state income tax from 2019 to 2025, per NYT, as a billionaire wealth tax heads to the November ballot.
Markets Trump Threatens 100% Tariff On Any Country With A Digital Services Tax Trump threatened a 100% tariff on any country that imposes a digital services tax on U.S. companies, saying the duty would override existing trade deals and apply immediately. Big tech is squarely in the crosshairs.
Politics Newsom Says He'll Vote No on California's Billionaire Tax Measure Gavin Newsom says he'll personally vote no on California's one-time 5% billionaire tax measure, warning of capital flight while pitching a national billionaire tax instead.
Macro Bessent: Stock Market Can Do Great, But It's Main Street's Turn Treasury Secretary Scott Bessent reiterated that while the stock market can keep doing great, the policy focus is on Main Street. Here's the trade angle and the tickers to watch.
Politics Gavin Newsom Calls for National Billionaires Tax Amid State-Level Opposition California Governor Gavin Newsom advocates for a federal billionaires tax while opposing a similar state-level initiative, citing economic concerns.
Energy Trump Demands Faster Gas Price Drops, Orders DOJ Gouging Probe Trump ordered the DOJ to probe Big Oil for price gouging, demanding pump prices fall faster as crude tumbles. Refiners and integrateds like XOM, CVX, MPC and VLO are now in the political crosshairs.
Tech Apple Shuts First Unionized US Store, Union Cries Retaliation Apple has shut its Towson, Maryland store, the first US Apple location to unionize, prompting an NLRB unfair labor practice charge and union-busting accusations from the IAM.
Politics Pentagon Reinstates Mandatory Flu Shots for Recruits Amid Lackland Outbreak The Pentagon reinstated mandatory flu shots for all military recruits as an outbreak at Lackland Air Force Base hit 275 cases, reversing an April policy that made the vaccine optional.
Markets Senate Advances Housing Bill to Limit Private Equity Purchases of Single-Family Homes The Senate advances a bipartisan bill to cap private equity ownership of single-family homes, aiming to increase housing affordability and supply.
Markets Trump: Stock Buybacks Are a Fake Way to Raise a Price Trump again called stock buybacks a fake way to lift share prices, putting defense contractors LMT, NOC, and RTX back in focus alongside the broader buyback tax debate.
Energy Trump Administration Offers $17.5B Loans for 10 New Westinghouse AP1000 Nuclear Reactors The Trump administration announces $17.5 billion in loans to finance 10 new Westinghouse AP1000 nuclear reactors, aiming to meet rising energy demands from data centers.
Macro Factory Job Cuts Near 2009, COVID Levels as Manufacturers Slash Headcount S&P Global says US factory job cuts in June ran near their highest levels since the 2009 financial crisis and the COVID pandemic, even as the headline manufacturing PMI beat expectations at 55.7.
Politics Senate Votes to Halt Military Action Against Iran The U.S. Senate passed a resolution to halt military action against Iran, signaling bipartisan concern over the conflict's economic impact.
Politics Trump Official Pitched Greenland Takeover to Save Red Lobster Shrimp A Trump appointee reportedly pitched annexing Greenland as a way to bring back Red Lobster's all-you-can-eat shrimp. Here is what traders should actually watch.
Markets Alan Greenspan, Former Federal Reserve Chair, Dies at 100 Alan Greenspan, former Federal Reserve Chair, dies at 100. His policies shaped decades of U.S. monetary policy and economic growth.
Politics Colombian President Petro Rejects Election Results, Alleges Israeli Interference Colombian President Gustavo Petro rejects preliminary election results, alleging Israeli interference in the vote-counting software.
Markets Musk: ‘They call me a Nazi to encourage people to murder me’ Elon Musk posted on X that critics labeling him a Nazi are doing so to encourage people to murder him. Here is what the comment means for TSLA and Musk-linked tickers.
Geopolitics Trump Threatens to "Take Over" Strait of Hormuz if Iran Deal Fails Trump told Fox News the US may take over the Strait of Hormuz and collect tolls if Iran doesn’t reach a deal, sending Iran’s delegation out of talks in Switzerland and putting energy and defense names back on watch.
Markets Trump Says Stocks Should Go Up After Strong Jobs Report Sparks Selloff Trump said stocks should have rallied on a strong May jobs report, but the Nasdaq logged its worst day in over a year as rate-hike odds jumped to 67%.
Politics 38% of Americans Doubt U.S. Will Remain Unified in 250 Years A Reuters/Ipsos poll reveals 38% of Americans doubt the U.S. will remain a single country in 250 years, with 64% concerned about democracy's stability.
Markets Senate Panel Moves to Restrict Defense Contractor Stock Buybacks Senate Armed Services Committee approves amendment to restrict stock buybacks for underperforming defense contractors, aiming to prioritize production investments over shareholder returns.
Markets Trump Says He Expects Stocks to Keep Climbing Trump says he expects the stock market to keep going up, citing the Iran ceasefire and record highs. Here is what traders should watch as valuations stretch.
Politics Trump: Iran MOU Not Final; Military Action Possible President Trump indicates the Iran MOU is not final, suggesting potential military action if terms are unsatisfactory, impacting defense and energy markets.
