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(Bloomberg) — Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg An anxious sense of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how President Donald Trump’s trade policies are impacting the world economy. While officials from Washington to London and Tokyo have already set borrowing costs once since the US president entered the White House in January, those decisions preceded a marked escalation in his rhetoric and measures against neighbors, allies and competitors alike. With global tariffs now in place on steel and…

A staggering 63% of Americans think inflation is a ‘big problem’ — here are 3 simple strategies for fighting inflation When Americans found themselves flush with stimulus funds in 2021, they were more than happy to go out and spend that money. And that’s what lawmakers wanted — the purpose of sending out stimulus checks back then was to boost the economy and help it recover from the dire events of the COVID-19 pandemic. But there was just one problem. Supply chain bottlenecks came to a head just as Americans found themselves with extra money to spend. That led to…

‘Opportunities for stock-pickers’: Hedge funds cut their stakes in all of the Magnificent 7 stocks last quarter — except for one. Two sectors they feel more optimistic about in 2025 In the final months of 2024, hedge funds prepared for the dramatic economic and geopolitical changes expected post-election. That meant reducing their net holdings of all Magnificent 7 stocks except for one, focusing on President Trump’s policies, and moving into sectors “offering opportunities for stock-pickers,” according to a recent report from Goldman Sachs based on data collected from 13-F filings of 695 hedge funds as of Feb. 14, 2025. The…

(Bloomberg) — The billionaire Porsche and Piech family is exploring options to potentially reduce its voting stake in Volkswagen AG, according to a report by German tabloid Bild Zeitung. Most Read from Bloomberg The family’s main investment vehicle Porsche Automobil Holding SE is discussing lowering its voting stake to 50% or 45%, from currently just over 53%, according to the report, which cites unidentified people familiar with the discussions. There’s no agreement within the Porsche and Piech family on a share sale so far and the decision would need “consensus” within the billionaire clan, the newspaper said. “There aren’t currently…

CFOTO / Future Publishing / Getty Images Nike is set to report fiscal third-quarter earnings after the market closes Thursday, its second quarter under CEO Elliott Hill. The apparel and shoe maker is expected to report declining sales and profits, but analysts remain more bullish than bearish on the stock. Nike’s second-quarter results topped estimates, but analysts warned the company’s turnaround effort could take time. Nike (NKE) is scheduled to report earnings for the third quarter of fiscal 2025 after the closing bell on Thursday, with analysts more bullish than bearish on the apparel maker’s stock. Half of the 18…

deberarr / Getty Images/iStockphoto It has been expensive to live in New York since the word “expensive” originated sometime in the early 17th century. A new study by SmartAsset included New York’s boroughs as cities, and three of them — Manhattan, Brooklyn and Queens — landed in the top five of where a $100,000 salary goes least far. Read Next: Here’s the Minimum Salary Required To Be Considered Upper Class in California Find Out: These 10 Used Cars Will Last Longer Than an Average New Vehicle SmartAsset looked at 69 of the largest cities in the U.S. to determine where…

Al Drago / Bloomberg / Getty Images Fed Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington, D.C., on Jan. 29, 2025 The Federal Reserve isn’t expected to change interest rates at this week’s meeting, but remarks from Jerome Powell and economic projections will be in the spotlight. Retail sales, homebuilder confidence, housing starts, and existing home sales are also scheduled for release this week. Nvidia CEO Jensen Huang will deliver remarks at the chipmaker’s annual GTC event. Nike, Micron Technology, FedEx, and others are set to report earnings as businesses weigh…

Michael Brochstein/ZUMA / SplashNews.com / Michael Brochstein/ZUMA / SplashNews.com President Donald Trump’s plan to eliminate federal taxes on Social Security benefits sounds simple: cut taxes so older adults keep more of their money. However, the plan is controversial because of its potential impact on the Social Security Trust Fund and the primary beneficiaries of the tax cut. Learn More: 3 Changes That Could Be Coming to Social Security Now That Congress Is Republican Find Out: These 10 Used Cars Will Last Longer Than an Average New Vehicle While Trump framed his initiative as tax relief for retirees, the benefits disproportionately favor…

Gary Hershorn / Getty Images FedEx is slated to release fiscal third-quarter earnings after the closing bell Thursday. Analysts are mostly bullish on the shipping giant’s stock, with an average price target more than 30% higher than Friday’s closing level. Analysts expect adjusted earnings per share to have risen 20% year-over-year to $4.64 and revenue to have edged 1% higher to $21.97 billion. FedEx (FDX) is set to report fiscal third-quarter results after the closing bell Thursday, and analysts are mostly bullish on the shipping giant’s stock. Of the 15 analysts who follow FedEx stock and are tracked by Visible…

(Bloomberg) — US President Donald Trump’s policies are causing more uncertainty for the economy than there was during Covid, European Central Bank Vice President Luis de Guindos told the Sunday Times. Most Read from Bloomberg “We need to consider the uncertainty of the current environment, which is even higher than it was during the pandemic,” he was cited as saying. “What we’re seeing is that the new US administration isn’t very open to continuing with multilateralism, which is about co-operation across jurisdictions and finding common solutions for common problems. This is a very important change, and a big source of…