Doubleline Gundlach: His base case is still two Fed rate cuts this year

Nat-gas tumbles 4.9% to 3.5-month low on rising US production & cooler temps. Rig count hits 2-yr high.

Cocoa futures (-1.58%, -2.02%) hit lows on demand fears, despite West African weather risks. Barry Callebaut cuts guidance.

Coffee futures rally on Brazil drought & strong real. Arabica inventories hit 5.5-month low, robusta shorts cover.

Trump's '1500%' drug price cut claim sparks mockery; European drugmakers tumble.

Swiss watches face a 39% US tariff hike Aug 7. Expect $10k Submariner to hit $14k. Pre-owned demand surges as prices climb 6.5-6.9%.

Panama seeks to void port contract, impacting CK Hutchison's $23B sale to BlackRock. Geopolitical tensions rise.

BLS chief fired amid weak job growth (106k/3mo) & unemployment rise to 4.2%. Data credibility at risk.