A Lithium Startup Is Building a US Battery Plant That Will Skirt Trump's Tariffs
The company has developed a lithium metal battery that Chief Executive Officer Emilie Bodoin says will displace lithium-ion batteries. Pure Lithium has spent the last four years doing research and development on the technology, which could be used in electric vehicles, utility-scale energy storage and other applications.
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Short-Dated Treasuries Outperform as US Tightens Screws on Trade
(Bloomberg) -- Short-dated Treasuries outperformed at the start of a key week for global trade, with US President Donald Trump intensifying pressure on other countries to strike trade deals ahead of a Wednesday deadline. Trump's Gilded Design Style May Be Gaudy. But Don't Call it 'Rococo.' Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals Are Tourists Ruining Europe? How Locals Are Pushing Back Massachusetts to Follow NYC in Making Landlords Pay Broker Fees NYC Commutes Resume After Midtown Bus Terminal Crash Chaos The US two-year yield fell by as much as three basis points to 3.85% as trading resumed following Friday's US public holiday, while the 10-year yield rose one basis point to 4.36%. The dollar rose against most major peers. Traders are hoping that the week will finally bring some clarity on where trade tariffs will settle, with only a handful of countries including the UK striking deals so far. The 90 day period of universally lower tariffs is set to expire on Wednesday and Trump has indicated that the US will send letters from today informing various countries of unilateral tariff rates. 'Uncertainty has increased ahead of July 9 trade deal deadline as investors are starting to gradually price in the risk that President Trump could once again escalate global trade tensions and thus deal a blow to the global economic outlook,' said Valentin Marinov, head of G10 FX research and strategy at Credit Agricole. Trump has said trading partners can expect a rate anywhere between 10% and 70% — implying some may have to shoulder higher tariffs than expected — though he suggested some deals are in the offing, too. Adding to the uncertainty, Treasury Secretary Scott Bessent indicated some countries lacking an agreement by Wednesday's deadline will have the option of a three-week extension to negotiate. The dollar, which has often previously fallen on tariff concerns, was stronger against most major global partners on Monday. The Bloomberg Dollar Spot Index rose as much as 0.5%, though remains near its lowest levels since early 2022 after sliding almost 11% this year. 'We have a truce with China, and for the rest, it is a question of whether last-minute deals are struck, whether tariffs are substantially increased or whether fresh extensions are announced. All seem possible,' said Chris Turner, head of FX strategy at ING. The US two-year yield, though modestly lower on Monday, remained more than 10 basis points higher than a week ago. Stronger-than-expected payrolls data last week implied the Federal Reserve can hold interest-rates for longer, sending yields surging. Money markets are only fully pricing the next interest rate cut — which would be the first this year — by October. Federal Reserve meeting minutes from June, due to be published Wednesday, will offer further insight into officials' stance on the inflationary and growth outlooks. Longer-dated Treasuries are expected to remain under pressure after Trump's 'One Big Beautiful Bill' was signed into law last week. The bill, the centerpiece of the President's second-term agenda, extends 2017 tax cuts and will add an estimated $3.4 trillion to US deficits over the next decade. Vincent Mortier, chief investment officer at Amundi SA, one of Europe's largest asset managers, said the bill's detrimental impact on the US fiscal deficit matters more than tariffs, the cost of which 'will be borne by many players'. 'The sustainability of the US debt trajectory will start to be questioned,' he said in an interview with Bloomberg TV on Monday. 'More and more investors will try to hedge or to diversify away — slowly but surely — from the US dollar.' The firm is bearish on the greenback. --With assistance from Naomi Tajitsu. (Updates pricing, adds analyst comment in paragraph four.) For Brazil's Criminals, Coffee Beans Are the Target Sperm Freezing Is a New Hot Market for Startups SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate China's Homegrown Jewelry Superstar ©2025 Bloomberg L.P.
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Prediction: This Company Will Be the Robotics Leader, Not Tesla
While Tesla has talked a big game about its Optimus robot, Amazon just deployed its 1 millionth robot at its fulfillment centers. The company's robots are using AI to help make the company's warehouse operations much more efficient. Meanwhile, it's also using AI in areas like delivery and inventory management. 10 stocks we like better than Amazon › Tesla (NASDAQ: TSLA) gets most of the media attention when it comes to robotics, thanks to its humanoid robot prototype, Optimus, and Elon Musk's bold claims. In fact, last year Musk said that Optimus could eventually be worth more than everything else from Tesla combined. But while Tesla talks about the future of robotics, Amazon's (NASDAQ: AMZN) robots are already delivering the goods -- both literally and figuratively. In fact, Amazon is already the largest manufacturer and operator of mobile robotics in the world. So if you're looking for the real leader in artificial intelligence (AI) robotics, it's Amazon. Amazon got into the robotics space in 2012 when it acquired Kiva Systems for $775 million. While a small deal at the time, it is really starting to pay dividends for Amazon. Earlier this month, the company surpassed 1 million robots operating inside its fulfillment centers. These robots now assist with about 75% of all customer orders placed through Those are some huge numbers, and they are likely only going to get bigger. The company is soon expected to have more robot workers than human ones. Amazon's robots also aren't just moving packages around. They're sorting inventory, lifting heavy loads, unloading trailers, and increasingly handling complex warehouse tasks. What sets Amazon apart from other robotics companies is how it's using AI to make its robots smarter to improve efficiency. Its Lab126 team is working on a new generation of warehouse robots that can follow voice commands, adjust to problems in real time, and even fix themselves when something breaks. Amazon also just introduced an AI model called DeepFleet to manage and coordinate its entire robot fleet. The goal is to move packages faster and at lower cost by making better decisions about what robots should do and when. These robots also go well beyond moving boxes. They can find specific parts, reroute if an aisle is blocked, and unload trucks without needing everything pre-programmed. Some can even spot damaged items before they're shipped, which should reduce returns and improve customer satisfaction. Robots also don't take breaks or call in sick, which means they can keep working around the clock. Over time, this should lead to faster shipping, lower labor costs, and stronger operating margins in Amazon's core e-commerce business. Robots are just part of Amazon's AI efficiency story. Amazon's new Wellspring system uses AI to map out hard-to-reach delivery locations, such as large apartment complexes and office parks. The data can also be integrated into smart glasses for real-time navigation. This all helps improve delivery times, letting drivers complete more routes per shift. The company is also using AI to fine-tune its inventory and delivery network. Through its SCOT (Supply Chain Optimization Technology) system, Amazon is now able to forecast demand for specific products by taking into account things like regional preferences, weather, and price sensitivity. Ultimately, this keeps inventory closer to customers, helping reduce shipping costs. These improvements are already translating into better operating performance. Last quarter, Amazon's North America segment grew operating income by 16% on just 8% revenue growth. That's great operating efficiency. Of course, robotics is only one part of the Amazon story. Its cloud computing unit, Amazon Web Services (AWS), is its largest business by profitability, and its fastest growing. Customers continue to turn to Amazon's cloud infrastructure to build, train, and scale their own AI models and apps. Meanwhile, Amazon has developed its own custom AI chips, which help give it a cost advantage. It also has a fast-growing sponsored ads business that is seeing strong growth. When investors think of digital advertising platforms, they generally think of Alphabet's Google search engine or Meta Platforms' social media apps, but Amazon is actually the third-largest platform in the world. Meanwhile, the company is using AI to help third-party merchants both improve listings as well as better target potential customers. While the stock has rebounded off its lows this year, the company still trades at a reasonable valuation, with a forward price-to-earnings (P/E) ratio of around 36 times this year's analyst estimates. That's still below its historical average. Between its strong cloud computing growth, leading e-commerce operations, and the lead it has in automation and robotics, Amazon stock looks like a solid long-term buy. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Geoffrey Seiler has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, and Tesla. The Motley Fool has a disclosure policy. Prediction: This Company Will Be the Robotics Leader, Not Tesla was originally published by The Motley Fool
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21 minutes ago
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Republican tax cut calls for shielding retirement income from Wisconsin income taxes
MADISON — Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from Wisconsin income taxes. The Republican plan would exclude from taxation the first $24,000 of retirement income received by individuals age 67 and over. Non-residents would not be able to claim the exemption, and part-time residents could only claim the portion of their income sourced to Wisconsin. "We've done all these things to make (Wisconsin) a great place to live and work and raise a family. I want it to be also a great place for those people that have worked so hard to make all that happen, to stay and watch their grandkids grow," said Joint Finance co-chair Rep. Mark Born, R-Beaver Dam. The GOP plan also includes a measure proposed in Evers' budget, increasing the maximum deduction for adoption expenses from $5,000 to $15,000. More: Republicans back boost in special education funding but pare back Gov. Tony Evers' proposal Those provisions are part of a $1.3 billion tax cut proposal that includes expanding the state's second-lowest tax bracket to bring in more residents, a change that is estimated to lower taxes for 1.6 million filers. The Legislature's budget-writing Joint Finance Committee approved the tax measures on June 12 on a party-line vote. The package will be part of a state budget plan that will go to the full Assembly and Senate for approval and sent to Gov. Tony Evers for his signature. Evers' office did not comment on the June 12 actions. This article originally appeared on Milwaukee Journal Sentinel: Wisconsin Republicans call for shielding retirement income from taxes
