Trump says he is lifting tariffs on Irish whiskey

Don’t expect demand-side inflationary pressures from the artificial intelligence build-out to subside any time soon. That was the message from Federal Reserve Governor Christopher Waller after Bloomberg’s Saleha Mohsin asked him Tuesday morning when cost pressures exacerbated spending and investment related to AI may dissipate from the U.S. economy. “Could last anywhere from two to…

Why Were 10yr Yields Only a Few bps Lower Today? 1 Hour, 51 Min ago Why Were 10yr Yields Only a Few bps Lower Today? If you missed this morning’s commentary, the gist is that inflation for June (via the CPI report) came in much lower than forecast (biggest “miss” in over…

Key Points In order to hit $300,000 by 2030, Bitcoin will need to deliver a compound annual growth rate (CAGR) of 31.6%. From 2017 to 2026, Bitcoin grew at a CAGR of 33%. Just one year ago, investors were predicting that Bitcoin could hit a price of $1 million by 2030. 10 stocks we like…

The VanEck Semiconductor ETF (SMH +1.45%) is having a huge 2026. As of midday on Sept. 30, the fund sat near $608 a share, up about 69% from its $360.13 close on the last trading day of 2025. This leaves it well ahead of the S&P 500 (^GSPC +0.19%). Nvidia (NVDA +1.09%), the fund’s top…

Two Australian lenders are hitting borrowers with interest rate hikes larger than the Reserve Bank’s February increase, but there is a silver lining. The recently-merged Unity Bank and G&C Mutual have announced they’re hiking variable home loan rates by as much as 36 basis points for existing borrowers in the wake of the Reserve Bank…

Tech leasing helped lift Newmark‘s revenues to new highs last quarter, but the brokerage firm is revising its outlook for the rest of the year downward due to macroeconomic volatility. Wikimedia Commons/Epicgenius Newmark’s headquarters at 125 Park Ave. in New York Newmark on Thursday reported third-quarter revenue of $937M, up almost 13% from the same…