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The number of jobs created in the United States has been revised down. Not as many people got jobs as expected during the last months of Joe Biden's presidency and the first months of Donald Trump's return to the White House. It suggests the world's largest economy is weaker than expected, but could it also mean that Donald Trump will get his way and the Federal Reserve will cut interest rates? Roger Hearing speaks to two businesses in North Carolina and Ohio caught up in the tariff chaos. Elsewhere, we hear about Apple's latest tech offering. And, how a high murder rate is threatening tourism on a Caribbean island paradise. The latest business and finance news from around the world, on the BBC.
Brian Belski of BMO Capital Markets joins Chad with thoughts on the economy and why, despite of a lackluster jobs report for August, he's still seeing the country going in a good direction economically.
The US Unemployment rate has 4 year high, after today's job report only showed 22,000 jobs were created in August. Michael Kofoed, assistant professor of economics at the University of Tennessee, Knoxville, joins the show to discuss how this jobs report could indicate the health of the economy.
Some of the topics covered in this episode of Inside Sources: Governor Cox's call for caution: Restoring public trust in Utah politics Heroic sacrifice: Springville man killed saving wife from drunk driver Riverton becomes the first Utah city to enter into ICE agreement Salt Lake is bustling with events all weekend long Fan X SLC bans vendors from selling AI art + Spooky movie season begins!
The Federal Reserve has come under scrutiny, including uncertainty over whether the President can remove Fed governors — and under what circumstances. What does it mean to call the Federal Reserve “independent,” and how does that work in practice? Join Steve Odland and guest Yelena Shulyatyeva, senior US Economist for The Conference Board Economy, Strategy & Finance Center, to find out about the Federal Reserve's origins, who selects Fed governors and regional presidents, and why the Fed's independence matters to the economy. For more from The Conference Board: The Conference Board Economic Forecast for the US Economy Executive Order Seeks to Address Alleged Political Bias In Bank Access Stablecoin Law Represents New Era for Crypto
Listen Now: Listen and subscribe to Morningstar's The Long View from your mobile device: Apple Podcasts | SpotifyOur guest on the podcast today is Joe Davis, global chief economist at Vanguard and global head of the firm's Investment Strategy Group. He chairs the firm's Strategic Asset Allocation Committee, which governs multi-asset class investment solutions. And he is a member of the senior portfolio management team of Vanguard's Fixed Income Group. Joe is the author of a new book called Coming Into View: How AI and Other Megatrends Will Shape Your Investments. Joe earned his B.A. from St. Joseph's University and his master's and Ph.D. in economics at Duke University.BackgroundBioComing Into View: How AI and Other Megatrends Will Shape Your InvestmentsTariffs and Treasury Bonds“Tariffs and Market Volatility: Perspectives for Investors,” by Joe Davis, vanguard.com, April 7, 2025.“Vanguard Warns of 9% Treasury Bond Yields if Deficits Keep Ballooning,” by Sam Bourgi, investorsobserver.com, June 17, 2025.“US Equity Outperformance,” video commentary by Joe Davis, vanguard.com, Feb. 4, 2025.Artificial Intelligence and Megatrends“America Needs an AI Boom to Grow Out of Our Debt Problem. There Is No Guarantee,” by Joe Davis, barrons.com, May 23, 2025.“AI's Impact on Productivity and the Workforce,” by Joe Davis, vanguard.com, March 4, 2025.“Active Investing? Don't Overlook Value in the Age of AI,” by Joe Davis, vanguard.com, Feb. 20, 2025.“Megatrends and the US Economy, 1890-2040,” by Joe Davis, Lukas Brandl-Cheng, and Kevin Khang, papers.ssrn.com, June 10, 2024.Other“Joe Davis: ‘We Will See China-Like Growth for a Time in the United States,'” The Long View podcast, Morningstar.com, April 14, 2021.
Every year the Kansas City Fed hosts the Jackson Hole symposium. All eyes are on the opening speech from Jerome Powell which was widely covered by the news media. To me, the more interesting talks are the invited speakers who give talks on various elements of the economy. The theme this year at Jackson Hole is demographics and the impact on the labor market. So this week we will be doing a mini series summarizing the most noteworthy talks from Jackson Hole this year. Some of these talks are considered boring by the news media and they don't get covered. But for those who seek to understand how the economy functions, these talks are very interesting.On today's show we are examining a paper called "Interstate Labor Mobility and the US Economy". It has four authors, two from the University of Michigan and two from Europe. Their paper discusses how Gross migration rates within the United States have undergone a subtle but significant transformation over the past five decades. While some sources, notably the Current Population Survey (CPS), paint a picture of a steep decline, plunging from over 3% to a mere 1.2% by the end of the sample period, a closer look at more robust data tells a different story. Using IRS data, the authors show that labor force mobility declined to 2.5% from 3% over that same time period. They further break down the components of why people move. One factor that I believe was not adequately addressed is the rise of remote work. People don't have to move for work in many instances. That virtual mobility may in fact be by choice rather than necessity. -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
MeidasTouch host Ben Meiselas reports on the disastrous radio interview Donald Trump just gave and Meiselas interviews Senator Elizabeth Warren about it as well as her reaction to current events and Meiselas discusses the event MeidasTouch is hosting with Senator Warren in Omaha, Nebraska on August 23, 2025. Get tickets at https://wontbackdowntour.com Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
SBS Finance Editor Ricardo Gonçalves speaks with Luke Laretive from Seneca Financial Solutions about the day's sharemarket action, including what the James Hardie and Breville profit updates says about the US economy, as debate continues on whether the US should cut interest rates.
Purchase the recording of our July Webinar “Contending With Uncertainty and Change” → https://hubs.la/Q03wX5Jk0 Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, we discuss the promising signs of near-term US economic growth, which include renewed momentum in industrial, manufacturing, and business investment. But with economic uncertainty still lingering, how can businesses best position themselves now to thrive when the economy soars? Tune in to find out.
Today on the show, Fareed is joined by President Biden's former National Security Adviser, Jake Sullivan, for a wide-ranging conversation on the major takeaways from Friday's Trump-Putin Summit, and why Netanyahu is prolonging Israel's war in Gaza.Then, Alexander Gabuev, director of the Carnegie Russia Eurasia center, talks with Fareed about Putin's wins following his meeting with Trump, and how it changes the war's trajectory.Later, with the Trump administration's cancellation of hundreds of millions of dollars for mRNA research—which was vital in developing COVID-19 vaccines, Dr. Leana Wen, the former Baltimore health commissioner, joins the show to discuss the importance of this technology, and what cuts mean for American scientists.Finally, as spending for artificial intelligence skyrockets in the US, Derek Thompson speaks with Fareed about AI's promise—and if it's a bubble waiting to burst.Guests: Jake Sullivan (@jakejsullivan); Alexander Gabuev (@AlexGabuev); Leana Wen (@DrLeanaWen); Derek Thompson (@DKThomp) Learn more about your ad choices. Visit podcastchoices.com/adchoices
As central bankers descend on Jackson Hole for their annual gathering, Mark Thornton explores the history, politics, and pageantry of the world's most exclusive monetary policy conference. From its origins as a small agricultural meeting to a global elite summit shaped by Paul Volcker's love of fly fishing, the event now serves as a stage for off-the-record conversations, coordinated strategies, and public displays of “confidence.” With the US economy facing stagflation, debt explosions, and political pressure on the Fed, the real drama lies not in the official speeches, but in the private exchanges among the world's leading “money printers.”See also "About the Jackson Hole Economic Policy Symposium" (Federal Reserve Bank of Kansas City): https://mises.org/MI_133_AThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFreeBe sure to follow Minor Issues at https://Mises.org/MinorIssues
Join us as Brent Johnson of Santiago Capital shares his expert analysis on the US Economic Outlook and potential Market Corrections. In this episode, Brent evaluates the current health of the economy, offering a nuanced perspective on its strengths and vulnerabilities. We also delve into the geopolitical implications of tariffs, exploring how they influence global trade and economic stability. Additionally, Brent discusses the ongoing battle between interest rates and inflation, shedding light on their complex interplay and potential impact on future economic trends. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
A new July report shows Trump and the GOP Congress have joined forces to drive up federal spending to the highest levels since covid. The federal debt also just passed $37 trillion.Be sure to follow the Loot and Lobby podcast at Mises.org/LL
In this week's Market Talk podcast, AIB's Senior Economist, John Fahey, and AIB Treasury's Jane Kavanagh, discuss volatility in the financial markets. They also review central bank activity, considering the outlook for interest rates for the second half of 2025 and discuss the impact of tariffs on inflation. The team also looks at the currency markets, with the euro gaining against the dollar for first time this year. Visit our website and subscribe to receive AIB's Economic Analysis direct to your inbox. You can also find us on Twitter @TreasuryAIB . Our full legal disclaimer can be viewed here https://aib.ie/fxcentre/podcast-disclaimer. Registered in Ireland: No: 24173 Allied Irish Bank p.l.c is regulated by the Central Bank of Ireland AIB Customer Treasury Services is a registered business name of Allied Irish Banks, p.l.c. Registered Office: 10 Molesworth Street, Dublin 2
Seven Steps to Implement the MOTB Money System… Is Trump the Lawless one. The evidence, editing the US Constitution with what he is defiling like tariffs and Habeas Corpus. Are we being set up for civil war blaming leftist courts for his illegal manipulation of tariffs. Trump is scrubbing the records of forced vaccination because of future lawsuits. What does he know and why is he bringing in the national guard into Washington DC? Is he trying to start a civil war in Chicago and NY? How desperate is the US Economy and Dollar? Are we close to Seal 3? Since USA Inc runs the drugs, why would Trump go after the Cartel? How will the False Prophet / AC bring on the MOTB System with a fake Jubilee for total control?
The U.S. labor market is facing one of the sharpest corrections in over a century, even as AI-driven productivity gains push markets forward. In this conversation, Kerry Lutz and Dale Smothers explore the strange duality of slowing job growth alongside investor optimism — and what it means for interest rates, mortgages, and the Federal Reserve's next moves. Dale explains why today's Fed rate may be higher than necessary, and how stronger labor stats could have opened the door for earlier cuts. The discussion then shifts to the impact of tariffs, with both guests weighing the pros, cons, and the possibility of a consumption tax overhaul. Could tariffs really flip the U.S. economy? Tune in for a candid, insight-packed look at the forces shaping America's financial future. Find Dale here: https://rdsmotherswealth.com Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5
American companies are buying stocks back at record pace. Is this the begging of the end?
Trump's economic plans of tariffs for the sake of tariffs ain't working well. We speak to Mark Zandi, from Moody's Analytics, to find out why it's all going so wrong. Back us on Patreon – we need your help to keep going. Get ad free episodes, extra bits and merch: https://www.patreon.com/c/americanfriction We're now on Youtube: https://www.youtube.com/@AmericanFrictionPod Follow us on social media: BlueSky: https://bsky.app/profile/americanfric.bsky.social Instagram TikTok Advertisers! Want to reach smart, engaged, influential people with money to spend? (Yes, they do exist). Some 3.5 MILLION people download and watch our podcasts every month – and they love our shows. Why not get YOUR brand in front of our influential listeners with podcast advertising? Contact ads@podmasters.co.uk to find out more Written and presented by Nikki McCanmn Ramirez, Chris Jones and Jacob Jarvis Video and audio editor: Simon Williams. Group Editor: Andrew Harrison. Managing Editor: Jacob Jarvis Executive producer: Martin Bojtos. Artwork by James Parrett. Music: Orange Factory Music. AMERICAN FRICTION is a Podmasters Production. www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Guardian's senior China correspondent, Amy Hawkins, visits factories threatened by US tariffs in Guangzhou, south China, as the deadline for a US-China trade agreement approaches with no deal yet in sight. Help support our independent journalism at theguardian.com/infocus
Cities spend over $35,000 annually per homeless person through scattered emergency responses. Housing-first programs cost $13,000 yearly while eliminating most crisis expenses. To learn more, visit: https://www.givearoof.org Givearoof.org City: Cupertino Address: 20672 Celeste Circle Website: https://www.givearoof.org
The president of the United States fired the head of the government's main economic statistics agency after a recent report showed a less than positive picture of U.S. employment.The civil servant President Donald Trump fired was former Commissioner of Labor Statistics Erika McEntarfer, a labor economist nominated to the role in 2023 by President Joe Biden. The Senate overwhelmingly confirmed her in 2024. Commissioners often serve under multiple presidents.The president defended his reasoning for the firing on social media – though he didn't provide evidence to back up his claims. We discuss the consequences when the president fires the person at the head of the government's main agency for economic statistics.Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
The Hidden Lightness with Jimmy Hinton – The One Big Beautiful Bill Act — crafted to simplify the tax code, offer incentives to manufacturers, and create a more favorable investment climate — has proven to be a hit. According to the U.S. Chamber of Commerce, approval ratings for pro-business tax policies have jumped significantly over the past year. Americans are beginning to realize that when...
SUBSCRIBE to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe Dan Nathan & Guy Adami break down the top market headlines and bring you stock market trade ideas for Wednesday, August 6th. FactSet Insight Podcast: https://www.factset.com/podcasts Follow Doug on Twitter: https://x.com/DougKass --Learn more about FactSet: https://www.factset.com/lp/mrkt-callMRKT Call is brought to you by our presenting sponsors CME Group, FactSet, SoFi & MoneyLionSign up for our emailsFollow us on Twitter @MRKTCallFollow @GuyAdami on TwitterFollow @CarterBWorth on TwitterFollow us on Instagram @RiskReversalMediaLike us on Facebook @RiskReversalWatch all of our videos on YouTube Learn more about your ad choices. Visit megaphone.fm/adchoices
Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.Original article: https://mises.org/mises-wire/complexity-historical-narratives
Understanding any era of history requires the ability to view complex things. However, people often employ simple narratives as their historical guides, which leads to wrong conclusions. The pre-war history of the American South is one that is much more complex than the narratives imply.Original article: https://mises.org/mises-wire/complexity-historical-narratives
While the White House claims the US economy is booming, recent data indicates otherwise, with one report in particular fueling concerns about a weak job market. In response, President Trump fired the person responsible for producing the numbers he claims were "rigged." So what's really happening? Nobel Prize-winning economist Paul Krugman and Greg Mankiw, who served as chair of the White House Council of Economic Advisers under President Bush, join the show to break it all down. Also on today's show: Alexander Gabuev, Director, Carnegie Russia Eurasia Center; Barak Ravid, Global Affairs Correspondent, Axios; author Sami Tamimi ("Boutany") Learn more about your ad choices. Visit podcastchoices.com/adchoices
Dr Boyce breaks down the status of the US economy
Chuck Zodda and Paul Lane discuss recent economic data releases are pointing to a slowing US economy. What are the ramifications of Trump firing the head of the Bureau of Labor Statistics? Trump is set to name a new Fed Governor. The stock market got a sobering reality check. Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact.
Unleashed: The Political News Hour with Bruce Robertson – In this episode, I reveal how Trump and Tulsi Gabbard expose the Obama administration's alleged coup plot, while the US economy flourishes under Trump's leadership. With record-high markets, low inflation, and new trade deals, I break down how Trump's policies are shaking up Washington and redefining America's global influence...
Fixed-income investors, bonds are rising to the occasion and looking attractive again. Their yields are higher, and they have delivered as diversifiers against stock sell-offs this year. Yet, uncertainty has muddled the outlook as the bond market seeks clarity about tariffs, inflation, and interest rates.Paul Olmsted covers US fixed-income strategies for Morningstar Research Services. The senior manager research analyst explains why you need bonds for a balanced portfolio.Let's start with how you're thinking about the bond market in 2025. Can you talk about what you have considered key moments this year? As a follow-up, what is at the core of the bond market's concerns?We're recording this episode on July 30th around 10:30am. The Fed is expected to announce their interest-rate decision this afternoon. Market watchers are predicting the Fed will hold rates steady. High interest rates pose a risk to bonds. What other risks should investors watch out for now? Some bond investors are seeking a “Powell hedge” due to expectations that Trump could oust the Fed Chair. What are they hedging against, and is this something everyday investors need to think about? What's the probability of Trump firing Powell before the Fed Chair's term ends in May 2026, and who would be the ideal candidate? We have talked about how the memory of the worst bond market ever in 2022 is still lingering. However, bonds served as diversifiers during stock sell-offs earlier this year. Why do you think bonds can't shake the bad rap?What's the optimal bond allocation in a diversified portfolio during a high-rate environment? Should investors focus more on whether their holdings are short- or long-term, or is credit quality a bigger issue?What are the best bonds for portfolio diversification?What's the takeaway for fixed-income investors for the rest of 2025? Read about topics from this episode. Investors Should Embrace Elevated Bond Yields3 Principles to Invest By, Whatever Comes NextWhy the Fed's Independence Matters to Markets, the Economy, and Your Wallet4 Top-Performing High-Yield Bond FundsTariffs and Dollar Weakness Tested US ResilienceIncome Opportunities Remain at the Front End of the Yield Curve What to watch from Morningstar. Covered-Call ETFs Are Booming. But Not All Yield Is GoodThis Dividend Investing Strategy Deserves a Second LookMarket Volatility: Is Your Investment Portfolio Ready for a US-EU Trade Deal?Market Volatility: 4 Key Factors to Track in Q3 2025 Read what our team is writing.Paul OlmstedIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/
Despite growing pressure to lower interest rates to appease the president, the Federal Reserve voted to leave them unchanged. This week Jonathan Freedland speaks to Heather Boushey, former chief economist to Joe Biden, about the latest tussle between the White House and the Federal Reserve
On today's show, we dive into the latest developments surrounding the U.S. economy, starting with a closer look at current GDP trends and what they may signal for the months ahead. We also discuss the Trump-era tariffs—what impact have they had on trade, domestic manufacturing, and the economy as a whole. Freedom Marketplace: https://freedommarketplace.net The Stack: https://www.toddhuffshow.com/stack-of-stuff Email: todd@toddhuffshow.comPhone: 317.210.2830Follow us on…Instagram: @toddhuffshowFacebook: The Todd Huff ShowTwitter: @toddhuffshowLinkedIn: The Todd Huff ShowTikTok: @toddhuffshowSupport Our Partners:https://www.toddhuffshow.com/partners Links:https://www.mypillow.com/todd Promo Code: TODDhttps://mystore.com/toddhttps://soltea.com - Promo Code TODD for $29.95 off your first orderRed, White, & Brand – Text TODD at 317-210-2830 for a 10% discount.
On today's show, we dive into the latest developments surrounding the U.S. economy, starting with a closer look at current GDP trends and what they may signal for the months ahead. We also discuss the Trump-era tariffs—what impact have they had on trade, domestic manufacturing, and the economy as a whole. Freedom Marketplace: https://freedommarketplace.net The Stack: https://www.toddhuffshow.com/stack-of-stuff Email: todd@toddhuffshow.comPhone: 317.210.2830Follow us on…Instagram: @toddhuffshowFacebook: The Todd Huff ShowTwitter: @toddhuffshowLinkedIn: The Todd Huff ShowTikTok: @toddhuffshowSupport Our Partners:https://www.toddhuffshow.com/partners Links:https://www.mypillow.com/todd Promo Code: TODDhttps://mystore.com/toddhttps://soltea.com - Promo Code TODD for $29.95 off your first orderRed, White, & Brand – Text TODD at 317-210-2830 for a 10% discount.
The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.Original article: https://mises.org/mises-wire/us-eu-trade-deal-nothing-celebrate
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
The White House is boasting about a new trade “deal” with the EU. But every supposed benefit that comes from the agreement applies only to a small subset of the country while leaving the American public, as a whole, worse off.Original article: https://mises.org/mises-wire/us-eu-trade-deal-nothing-celebrate
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
A strong second quarter rebound for the U.S. economy. AP correspondent Mike Hempen reports.
AP correspondent Damia Troise reports the U.S. second quarter GDP showed an unexpected economic rebound.
US Economy grows faster than expected. Why?
The goalposts are continually changing (more like fallacy-hopping), but one would-be goal of tariffs needs to be confronted—tariffs for domestic job protection.Original article: https://mises.org/mises-wire/tariffs-mean-lost-jobs
The goalposts are continually changing (more like fallacy-hopping), but one would-be goal of tariffs needs to be confronted—tariffs for domestic job protection.Original article: https://mises.org/mises-wire/tariffs-mean-lost-jobs
The U.S. economy is demonstrating resilience with strong consumer spending and low unemployment filings, despite looming inflation and tariff pressures. Retail sales rose by 0.6% in June, surpassing expectations and indicating solid growth in gross domestic product for the second quarter. However, concerns about rising import costs, which saw their largest monthly increase in over a year, continue to cast a shadow over the economic outlook. While manufacturers anticipate growth and increased hiring, the uncertainty surrounding tariffs remains a significant concern.IBM's CEO, Arvind Krishna, argues that fears of artificial intelligence (AI) eliminating jobs are exaggerated, suggesting that AI will actually enhance employment opportunities by increasing productivity. He notes that while some clerical roles may be phased out, new job creation will occur in programming and sales. Meanwhile, Gartner forecasts a substantial rise in global IT spending, projected to reach $5.43 trillion in 2025, driven largely by investments in AI infrastructure. This shift indicates a growing trend where companies must adapt to the changing landscape or risk being left behind.The podcast also discusses recent layoffs at major tech firms, including Microsoft, Tata Consultancy Services, and Intel, as they navigate the challenges posed by AI and automation. Microsoft has laid off approximately 9,000 employees while reporting significant revenue growth, highlighting the paradox of job cuts amid financial success. Similarly, TCS plans to cut 12,000 jobs, primarily affecting senior and mid-level positions, as clients demand AI-driven services and cost reductions. This trend underscores the rapid transformation of the workforce as companies pivot towards automation and higher-margin activities.Legislative updates include the Federal Communications Commission's review of state laws on AI, aimed at reducing regulations to promote American AI systems. Critics argue that this approach lacks a comprehensive vision for AI innovation. In the UK, a court has denied WhatsApp's intervention in a case involving Apple's compliance with government orders to access encrypted data, raising concerns about privacy. Additionally, New York has announced stricter cybersecurity regulations for water utilities, emphasizing the need for enhanced security measures in critical infrastructure. These developments reflect a broader struggle between regulatory frameworks and the fast-evolving tech landscape. Four things to know today 00:00 U.S. Economy Grows Steadily as AI Reshapes Labor and IT Spend Soars to $5.43 Trillion04:45 Global Policy Divide on AI and Cybersecurity Widens as U.S., UK, and New York Take Conflicting Regulatory Paths07:54 Layoffs Mount Across Tech and Services as AI Drives Shift Toward Margin, Not Manpower12:09 Intel Restructures for AI Future with Major Layoffs, Factory Slowdown, and Network Division Spinoff Supported by: https://scalepad.com/dave/ https://businessof.tech/sponsor/moovila/ Tell us about a newsletter!https://bit.ly/biztechnewsletter All our Sponsors: https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech
Patrick Newman offers a Rothbardian critique of the US Constitution, arguing that rather than establishing a framework for limited government and individual liberty, it was crafted to centralize political power and protect elite economic interests. Drawing from the Austrian tradition and historical analysis, the lecture challenges the prevailing narrative of the Constitution as a purely libertarian founding document.Recorded at the Mises Institute in Auburn, Alabama, on July 23, 2025.Mises University is the world's leading instructional program in the Austrian School of economics, and is the essential training ground for economists who are looking beyond the mainstream.
Episode 631: Neal and Toby chat about what's behind the US economy's bounce back after withstanding Trump tariff fears. Then, China begins construction of a $170B massive hydropower dam that will be the world's largest. Also, Figma excites Wall Street by becoming the first software company to hit the IPO market in a long time. Meanwhile, smart, techy toilets may be the key to solving America's problem with keeping a public restroom clean. Gain the edge with Amazon Ads at advertising.amazon.com/startnow Morning Brew Daily Puzzle: https://docs.google.com/forms/d/1Yzrl1BJY2FAFwXBYtb0CEp8XQB2Y6mLdHkbq9Kb2Sz8/viewform?edit_requested=true Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
Avik Roy joins Bitcoin Magazine Political Correspondent Frank Corva for a discussion on the passage of the GENIUS Act, the future of Bitcoin in Washington as well as the macroeconomic picture when it comes to U.S. Treasury issuance, stablecoins, and why he believes bitcoin may become the focal asset in years to come.He breaks down the implications of various U.S. debt default scenarios, programmable currency surveillance, and the central tension between free markets and central planning in the digital age.Avik is the Founder & CEO of the Foundation for Research on Equal Opportunity (FREOPP) and is also the President & CEO of the National Institute for Health Care Management. He is also a Senior Advisor at the Bitcoin Policy Institute and an incoming Board Member at STRIVE Asset Management.
Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he breaks down today's biggest stories shaping America and the world. Texas Flash Flood Tragedy Sparks Grief and Political Blame Game At least 80 people are dead and 40 more are missing after catastrophic July 4th flooding in Texas Hill Country. Among the victims are 10 girls from a Christian summer camp and the camp's heroic owner, Richard Eastland. Despite early and extensive weather warnings, some Democrats blame Trump's NOAA budget cuts for the disaster. Bryan calls these claims factually wrong and morally reprehensible. Trump's Economy Faces Tariff Deadlines and Debt Market Concerns “Liberation Day” tariffs are set to kick in this Wednesday unless trade deals are finalized. While countries like India and the EU ask for exemptions, agriculture remains a sticking point. Meanwhile, the Trump economy shows strength in jobs and wages, but rising debt levels have bond markets on edge. Economist advice: keep personal debt low. Gaza Truce in the Works as Hamas Control Collapses President Trump and Israeli PM Netanyahu are expected to finalize a ceasefire. A Hamas fighter admits the group has lost command, paychecks have stopped, and Israeli drones now dominate the skies. With clans taking over and Hamas in shambles, Bryan asks what a truce really means when there's no one left to enforce it. Iran Sends Saboteurs Through U.S. Border, Issues Death Warrants Iran's clerics issue fatwas calling for the assassinations of Trump and Netanyahu. U.S. intel warns that 35 Iranian operatives are being smuggled in via Mexican cartels. Customs and Border Protection confirms a terror alert is in effect, centered on southern California. China's Xi Might Be Ill or Facing a Coup China's foreign minister admits Beijing wants the Ukraine war to drag on, shocking European diplomats. At home, Xi Jinping is missing public events, sidelining generals, and delegating power. Analysts suspect serious illness or a power struggle is underway, as Xi's diplomatic blunders pile up. Mexican Protesters Demand Americans Leave Demonstrators in Mexico City call U.S. “digital nomads” an invasion, blaming them for high rents and cultural erosion. Signs read “Americans go home.” Mexico's government defends foreigners, but the protests reflect deepening resentment. UK Opera House Goes Dark When Wind Stops Blowing A British opera house that relies solely on wind power suffers six blackouts during a performance, eventually canceling the show. The story underscores the limits of unreliable green energy, leading Bryan to suggest they rebrand as a House of Blues. "And you shall know the truth, and the truth shall make you free." – John 8:32