Dear Reader, I was speaking with one of my hedge fund clients the other day… He was shocked to hear this. And I think
Day: August 12, 2025
Boeing’s July aircraft deliveries tumble 20% from June, trailing Airbus
By Dan Catchpole SEATTLE (Reuters) -U.S. planemaker Boeing said on Tuesday that it delivered 48 airplanes in July, down from 60 in June but five
Texas sues Eli Lilly for allegedly bribing providers to prescribe its medications
WASHINGTON (Reuters) -Texas Attorney General Ken Paxton on Tuesday sued U.S. drugmaker Eli Lilly for allegedly “bribing” providers to prescribe its medications. The attorney general’s
White House says Trump-Putin meeting is a ‘listening exercise’
WASHINGTON (Reuters) -Friday’s Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin “is a listening exercise for the president,” the White House
US deficit grows to $291 billion in July despite surge in tariff revenue
(Reuters) -The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a $21 billion jump in customs duty collections from President
Car shipper says US tariff haze still affecting auto trade flows
By Marie Mannes STOCKHOLM (Reuters) -Europe’s car exporters are still struggling with uncertainty over U.S. tariffs despite last month’s trade deal, Wallenius Wilhelmsen, the operator