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Trump Sparks Domestic Labor Renaissance: Native-Born Workers Surge To Record High As Foreign-Born Plunge

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This is what most Trump supporters voted for.


Trump says 10-12 tariff letters to be sent out on Friday, Bessent expects deals ahead of deadline - Newsquawk Europe Market Open

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US President Trump said they will start sending letters regarding tariffs and 10 to 12 countries will get a letter on Friday, with tariffs to range from 10%-20% and 60%-70%, while countries are to start paying the new tariff on August 1st.
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Bi-Partisan Seattle Citizens Group Launches Campaign To Ban Homeless Encampments

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The coalition plans to launch a larger campaign in 2026 for mandatory rehab after repeated public safety offenses.

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China's 'Fentanyl King' Plunges Into "Corruption Fueled Bankruptcy"

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“That year, Yu Lei told me things couldn’t go on, that the debt was too big — we might as well declare bankruptcy...”


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US stocks gained and the dollar strengthened after US jobs data topped forecasts ahead of Independence Day - Newsquawk Asia-Pac Market Open

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Non-Farm Payrolls topped forecasts, the Unemployment Rate surprisingly declined, and Initial Jobless Claims fell, while the House also passed President Trump's sweeping tax cut and spending bill.

DOJ Arrests Two Chinese Nationals For Spying, Trying To Recruit U.S. Military Members To Work For PRC

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“This case underscores the Chinese government’s sustained and aggressive effort to infiltrate our military and undermine our national security from within..."


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NFP tops expectations, Unemployment Rate unexpectedly falls; ISM Services PMI expands more than expected; Initial claims fall, while Continued claims stay put; US Treasury issues new Iran-related sanctions; US Envoy Witkoff to meet with Iran in Oslo next week; Bessent says tariffs on Vietnam are a flat 20%; China Services PMI falls short.

Goldman Finds 'Net Purchase Intent' For Tesla Begins Recovery 

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Promising...


Blowout June Payrolls: 147K Jobs Added, Smashing Expectations; Unemployment Rate Drops To 4.1%

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So much for that negative ADP print. 


Stealth Takeover Of Fed Starts With Fiscal QE

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Treasury’s willingness to fund more at the short-end of the yield curve will further compromise the Fed’s independence and increasingly leave monetary policy de facto in fiscal hands. The dollar will be a casualty, and the yield curve will steepen.


Either Everyone Is Hedged Or Complacency Is Back

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Equities are holding up very well while volatility is cratering, a rosy scenario that suggests either everyone is hedged or complacency is creeping.


June Payrolls Preview: Anything Below 60K We Get A Stagflationary Recession "Growth Scare"

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"The desk thinks that either overly hot or cool readings could lead to market stress, as hot readings would take rate cuts off the table while low readings could signal further worries about the state of the economy." - Goldman


Trade Thaw: US Lifts Curbs On Ethane & Chip Design Software Exports To China

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Progress ahead of the July 9 deadline. 


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European bourses began the session firmer, but that strength has waned to more mixed trade; US futures similar into a packed agenda

The Best Trade Of 2025 Is Starting To Wobble: Here's How To Hedge It

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The number of questions on the driver of the momentum shift was significant … it’s clear that investors are long this factor...


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APAC stocks failed to sustain the mostly constructive handover from Wall St counterparts with sentiment in the region cautious as participants braced for the key US jobs data and digested Chinese Caixin Services and Composite PMIs.

Queens Driving School Busted For Running Bribe-for-License Scam For Illegal Immigrants

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“We think that we are going to find hundreds if not thousands of people that have been part of this scam...”


Delhi Bans Fuel for Older Vehicles in Pollution Crackdown

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“No decent footpath but rules like Sweden...”


India's Hindustan Zinc Eyes Five Year Timeline To Move Into Rare Earth Metals

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While diversification may be coming at some point, China looks slated to remain the dominant force in rare earths for the time being...


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US-Vietnam final deal is still being worked on and is to be sealed "within coming weeks" with no numbers included on final tariff rates.