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17/06/2025
Market news: Trump Media & Technology Group has filed a registration statement for a Bitcoin and Ethereum ETF.
Latest
5 m ago
Sources say that President Trump is expected to sign an announcement in the coming days finalizing the US-UK trade agreement, which will cover beef, steel, automobiles, and ethanol.
9 m ago
Da Ma: The "big and beautiful" law may not necessarily mean big growth.
9 m ago
Morgan Stanley strategist Michael Zezas and his colleagues wrote that the "Beautiful Big Act" that the U.S. Republican Congress is working hard to pass at the request of President Trump will increase the deficit, but may not have as big of an impact on promoting economic growth. Nominal expansionary provisions such as tax cuts may not have such a clear effect, as they largely just extend current policies. On the other hand, spending cuts in the form of cutting medical subsidies in the bill may have a direct negative impact on economic growth. Therefore, Morgan Stanley expects the bill to be a fiscal drag on GDP in the medium to long term. Modifications by the Senate may push the bill in a direction more favorable to growth.
12 m ago
The U.S. government may further restrict the entry of citizens from 36 countries.
13 m ago
WTI July crude oil futures closed at $71.77 per barrel. NYMEX July natural gas futures closed at $3.7480 per million British thermal units. NYMEX July gasoline futures closed at $2.2199 per gallon, while NYMEX July heating oil futures closed at $2.3933 per gallon.
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