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News & Updates

Sunday, July 26, 2026

Trump's new global tariff draws rebukes from trade partners over forced labor justification July 24, 2026
U.S. trading partners have rejected the forced labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.
Kevin Warsh has homed in on three key phrases. How Fed watchers interpret them July 22, 2026
In five public appearances, Warsh has used the phrase "family fight" 13 times, returning to "first principles" 11 times and "inflation is a choice" for the Fed six times.
Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push July 22, 2026
The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
Import prices post surprise gain as costs of goods from China hit highest since 2008 July 17, 2026
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says July 15, 2026
The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.

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