Miran: No one in the Trump admin has asked me to lower rates

India eyes Africa/Latin America for drug exports, reducing US tariff risk. Targets $6B from China trade deficit.

US yield curve steepens on debt fears, boosting bank margins but risking bond losses. Regional banks may lead.

Trump seeks swift SCOTUS decision on tariffs, citing economic catastrophe. Revenue hit $159B, but risks loom.

Jobless claims hit June highs, signaling a cooling labor market. Traders eye Fed policy shifts.

US trade gap widens to $70B on import surge! Goods deficit up 5.5%. Traders eye currency impact.

AI adoption surges 40% in NY Fed district, but job cuts minimal. Firms foresee future layoffs as AI integration deepens.

Gen Z's savvy saving habits: envelope budgeting, side hustles ($6.4K/yr avg), and thrift culture boost financial stability.