According to preliminary government data released on Wednesday, inflation-adjusted GDP, which measures the value of goods and services produced in the U.S., increased an annualized 3%.
In a post on Truth Social, President Donald Trump called India’s tariffs “among the highest in the world” and criticized its purchases of Russian energy and military equipment.
Bitcoin (CRYPTO: BTC) is projected to reach an impressive $130,000-$150,000 by the close of 2025, according to a new analytical overview from TeraHash, signaling a potential surge for BTC-linked stocks.
President Donald Trump’s comments come after Commerce Secretary Lutnick and other officials stated that the deadline was unlikely to shift, with no extension or grace periods planned beyond August 1.
Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.
U.S. Commerce Secretary Howard Lutnick said Trump is likely to announce a new policy targeting drug manufacturing within the next two weeks, and pharmaceuticals not made in the U.S. could face ‘massive’ tariffs.
