Trump wants to extend his 'influence' to Federal Reserve Banks

Boeing jumps 3.5% on $50B deal; EchoStar surges 70.2% on $23B spectrum sale. Indexes near records.

Dow edges higher, S&P 500 & Nasdaq gain as traders shrug off Trump's Fed salvo; Treasury yields rise.

Economic calendar in Asia Wednesday, August 27, 2025 - Australian monthly CPI data. July data is expected to show a jump higher from June.

Argentina hikes bank reserves 3.5% to 45% amid political turmoil; country risk hits 829 bps. Peso gains, stocks slide.

Richest Americans pay 23.8% tax rate vs 30% avg. Tax Cuts widened gap; wealth share up 60%.

Retailers like Zou Xou & Larroudé offer 10-50% off pre-tariff hikes. Expect higher prices as de minimis exemption ends.

FLG jumps 5.7% on Citi's $16.50 target, but volatility remains. Up 42.3% YTD, near 52-wk high.