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US Customs Duties Top $100B for 1st Time

US Customs Duties Top $100B for 1st Time
U.S. customs duty collections jumped again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday. (Golib Tolibov/Dreamstime)
Street Talk
S&P 500 Recedes From Record as Tariffs Sour Sentiment
S&P 500 Recedes From Record as Tariffs Sour Sentiment
Wall Street ended lower Friday, with Meta Platforms weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around U.S. trade policy.... [Full Story]
Wall Street Hangs Near Record Amid Concerns on Tariffs

Wall Street Hangs Near Record Amid Concerns on Tariffs

U.S. stock indexes werehanging near their records on Monday [Full Story]
Italy Foreign Minister: EU Ready to Hit US With 21B Euro Tariff List

Italy Foreign Minister: EU Ready to Hit US With 21B Euro Tariff List

The European Union has already prepared a list of tariffs worth 21 [Full Story]
Zuckerberg, Meta Investors Face Off in $8 Billion Privacy Case

Zuckerberg, Meta Investors Face Off in $8 Billion Privacy Case

Mark Zuckerberg is expected to appear as a star witness in an unusual [Full Story]
Auto Industry Faces Higher Costs From Proposed Copper Tariffs

Auto Industry Faces Higher Costs From Proposed Copper Tariffs

President Donald Trump's threat of a 50% tariff on copper imports is [Full Story]
Crypto Bills Set to Advance Take Industry Closer to Mainstream

Crypto Bills Set to Advance Take Industry Closer to Mainstream

The crypto industry will take a step closer to going mainstream this [Full Story]
Musk Does Not Support Merger Between Tesla and XAI

Musk Does Not Support Merger Between Tesla and XAI

Elon Musk said on Monday he does not support a merger between his [Full Story]
China's Rare Earth Exports Jump in June in Sign of Trade War Relief

China's Rare Earth Exports Jump in June in Sign of Trade War Relief

China's rare earths exports rose 32% in June from the month before, [Full Story]
Bitcoin Tops $120,000 for the 1st Time

Bitcoin Tops $120,000 for the 1st Time

Bitcoin crossed the $120,000 level for the first time on Monday, [Full Story]
WSJ Poll: Experts Less Bearish on Trump Economy Now

WSJ Poll: Experts Less Bearish on Trump Economy Now

Reports of the pending President Donald Trump-led economic [Full Story] | video
Hassett: Trump's Tariffs 'Real' Unless Deals Improve

Hassett: Trump's Tariffs 'Real' Unless Deals Improve

President Donald Trump has seen some trade deal offers and thinks [Full Story]
SpaceX to Invest $2B in Musk's XAI Startup

SpaceX to Invest $2B in Musk's XAI Startup

SpaceX has agreed to invest $2 billion in Elon Musk's AI startup xAI, [Full Story]
Hassett: Fed Answers on HQ Renovation to Influence Trump Decision on Powell

Hassett: Fed Answers on HQ Renovation to Influence Trump Decision on Powell

President Donald Trump has the authority to fire Federal Reserve [Full Story]
Crypto, US Banking Forging Ties Under Trump Policies

Crypto, US Banking Forging Ties Under Trump Policies

President Donald Trump's efforts to make America the world's [Full Story] | video
Tech Billionaire Andreessen: Colleges to 'Pay the Price' for DEI

Tech Billionaire Andreessen: Colleges to 'Pay the Price' for DEI

Tech billionaire Marc Andreessen excoriated woke universities [Full Story] | video
EU Delays Retaliatory Tariffs in Hopes of Reaching Trump Deal

EU Delays Retaliatory Tariffs in Hopes of Reaching Trump Deal

The EU will suspend retaliatory tariffs on U.S. goods scheduled to [Full Story]
Inflation Data Confront Resilient Stocks Rally

Inflation Data Confront Resilient Stocks Rally

A rally that has taken U.S. stocks to record highs will be tested in [Full Story]
Nvidia CEO to Hold Media Briefing in Beijing

Nvidia CEO to Hold Media Briefing in Beijing

Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July [Full Story]
Trump's Dealmaker Name on the Line in High Stakes Tariff Talks

Trump's Dealmaker Name on the Line in High Stakes Tariff Talks

President Donald Trump set out early in his second term to fulfill a [Full Story]
New Trump Auto Tax Break Will Save Buyers Thousands

New Trump Auto Tax Break Will Save Buyers Thousands

Millions of people receive a federal tax deduction for the interest [Full Story]
Canada Postpones Retaliatory Tariff Increase on US

Canada Postpones Retaliatory Tariff Increase on US

Canada hit the pause button on a plan to slap the United States [Full Story] | video
US Customs Duties Top $100B for First Time in a FY

US Customs Duties Top $100B for First Time in a FY

U.S. customs duty collections jumped again in June as President [Full Story]
N.C. Reclaims Top Spot for Business Investment

N.C. Reclaims Top Spot for Business Investment

North Carolina has reclaimed its top spot as the best place to do [Full Story]
Apple Bids for Formula 1 US Streaming Rights

Apple Bids for Formula 1 US Streaming Rights

Apple has submitted a bid worth at least $150 million a year for the [Full Story]
More Street Talk
Insiders
Peter Morici
Peter Morici
Donald Trump Isn't Smothering American Exceptionalism
Twitter @pmorici1
Over the next several years, the economy will grow well but not at the torrid pace of the first Trump and... [Full Story]
Nigel Green
Nigel Green
US Leading in Bitcoin's $118K Breakout
Bitcoin has just surpassed $118,000 for the first time-an extraordinary milestone. But this is about far more... [Full Story]
George Mentz
George Mentz
Nationwide Injunctions Obliterated in Massive Blow to Liberal Judges
The Supreme Court just handed down a major decision limiting the power of federal judges to issue nationwide... [Full Story]
Thomas Kolbe
Thomas Kolbe
Germany's Pension Ponzi on the Brink
If you've ever wanted to witness the slow-motion collapse of a Ponzi scheme, you might want to keep an eye on... [Full Story]
Lauren Fix
Lauren Fix
ITS OVER! Trump's 'Big Beautiful Bill' Ends EV Tax Credits
The Car Coach®
Congress just sent a jolt through America's automotive industry and this time, it's not about subsidies or... [Full Story]
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