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USA Today3 days ago
Welcome to August!😎 I'm Nicole Fallert. This grandma received a well-deserved vacation.
July jobs report may show growing impact of Trump's immigration crackdown
The Trump administration's immigration crackdown is taking a growing toll on a weakening labor market, economists say.
The numbers: Forecasters estimate the Labor Department on Friday will report the U.S. gained 109,000 jobs in July, down from 147,000 in June and a monthly average of 130,000 this year.
Trump signs order imposing sweeping new tariffs
President Trump signed an executive order Thursday imposing sweeping new tariffs on imports from trading partners across the world, escalating an aggressive trade policy aimed at spurring domestic manufacturing in the U.S. In addition, Trump took separate action to raise tariffs on goods from Canada from 25% to 35%. The new reciprocal tariff rates, which will go into effect in seven days, come before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals with the Trump administration or face higher reciprocal tariffs assigned by the U.S. USA TODAY made it simple with a full list of new tariff rates.
More news to know now
What's the weather today? Check your local forecast here.
US officials head to Gaza to inspect food distribution centers
President Trump is sending two top White House officials to Gaza on Friday to inspect food distribution centers and meet with Gazans amid intensifying global scrutiny over the hunger crisis in the territory. Steven Witkoff, Trump's Middle East envoy, and U.S. Ambassador to Israel Mike Huckabee will 'secure a plan to deliver more food and meet with local Gazans to hear firsthand about this dire situation" during the rare trip. Following their visit, Witkoff and Huckabee are expected to meet with Trump to approve the administration's final plan for food and aid distribution in the region amid Israel's ongoing war with Hamas in Gaza.
NFL commissioner Roger Goodell speaks out following NYC shooting
~ NFL Commissioner Roger Goodell in an emotional interview since a gunman killed four people Monday in a targeted attack on the NFL's Manhattan office. Goodell opted not to attend the NFL's Hall of Fame Game in Canton, Ohio, instead attended the funeral of slain NYPD officer Didarul Islam.
Today's talkers
How the Dallas Stars monopolized Texas youth hockey
Unlike the NFL, NBA and MLB, a handful of NHL teams are intimately involved in running the youth levels of their sports in their regions – perhaps none more than the Dallas Stars. The Stars spent decades turning what was once seen as a community good into a lucrative arm of their for-profit enterprise. USA TODAY spoke to more than 100 hockey parents, coaches, players, business owners and current and former Stars employees and reviewed hundreds of pages of property records, business filings, contracts, tax returns, court records, emails and internal documents. USA TODAY's exclusive investigation reveals how the Stars bullied a community to profit off a youth sport.
Photo of the day: Freakier Friday
One of the most memorable scenes from "Freaky Friday" is when Anna (played by Lindsay Lohan) performs a musical number for her mother and new stepfather at their nuptials, donning a lavender wrap dress to sing the sweet pop-rock banger "Ultimate." Lohan referenced the dress at the "Freakier Friday" U.K. premiere Thursday in what was yet another nod to her iconic outfits from past roles.
Nicole Fallert is a newsletter writer at USA TODAY, sign up for the email here. Want to send Nicole a note? Shoot her an email at NFallert@usatoday.com.
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Q3 2025 Investor Conference & Events Highlights
Q3 2025 Investor Conference & Events Highlights

Yahoo

time13 minutes ago

  • Yahoo

Q3 2025 Investor Conference & Events Highlights

Tariffs and taxes dominated the macro narrative to kick off the second half. President Trump's July 9 initial reciprocal tariff deadline came and went, with little stock market volatility and a ho-hum reaction in the bond market. The can was essentially kicked down the road, with August 1 being the key date when significantly higher levies could take effect. We say could because the administration appears willing to negotiate trade deals beyond the first of next month (this Friday). Moreover, with a slew of agreements in place, there's less uncertainty for companies (namely, US importers) to weigh. Warning! GuruFocus has detected 8 Warning Sign with JPM. Perhaps as a result, there is a slightly more upbeat tone as the Q2 earnings season progresses. Top and bottom-line numbers have been healthy, and all eyes will be on mega-cap tech this week. Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), and Meta Platforms (META) all report, but the world's most valuable publicly traded company, NVIDIA (NVDA), doesn't serve up numbers until late August. As for taxes, the president's One Big, Beautiful Bill Act (OBBBA) was signed into law on the 4th of July. While most of its provisions merely extended current policy, a key change was made for companies big and small that have major capex plans. Full expensing of capital investments could be a material growth trigger in the quarters to come. Over the weeks ahead, market participants should closely monitor comments from industry executives at conferences regarding new projects. This bonus depreciation feature only further fuels the AI trade, too, as firms across sectors have an incentive to spend rather than shore up their balance sheets. From a price action perspective, stocks approach the sometimes-volatile August-September stretch with high momentum. Both US and international equities are near record highs, rallying some 30% from their post-Liberation Day lows. There remain concerns, however. President Trump's constant lambasting of Fed Chair Powell threatens the central bank's independence. According to our Economic Calendar, we'll hear the latest policy decision from the Federal Reserve today, July 30, at 2:30pm ET. At the same time, worries about consumer spending as tariffs trickle down to retail goods prices make each economic report potentially pivotal. There are a host of macro crosscurrents. In such a time as this, focusing on what companies are saying can be your edge. We have good news on that front: With many corporate gatherings on tap now through September, you'll have plenty of opportunities to read between the lines and allocate appropriately. Here are the key conferences to watch: Information Technology & Communication Services July 31: Goldman Sachs AI Symposium August 11: Oppenheimer 28th Annual Technology, Internet & Communications Conference August 11: KeyBanc Technology Forum August 12: TD Cowen Communications Infrastructure Summit August 13: J.P. Morgan Hardware & Semis Access Forum August 20: Needham 6th Annual Semiconductor and SemiCap 1X1 Conference August 26: Evercore ISI Semiconductor, IT Hardware & Networking Conference August 27: Deutsche Bank Technology Conference September 3: Deutsche Bank dbAccess European TMT Conference September 3: Citi Global Technology, Media, and Telecommunications TMT Conference September 4: 5th Annual Needham Virtual Crypto Conference September 4: Bank of America Media, Communications & Entertainment Conference September 8: Goldman Sachs Communacopia Technology Conference September 10: Goldman Sachs Technology Conference San Francisco Health Care July 29: BTIG Biotechnology Conference (virtual) August 11: Needham 10th Annual Virtual MedTech & Diagnostics 1x1 Conference (virtual) August 11: Stifel Biotech Summer Summit August 14: UBS Precision Medicine Frontiers Summit September 3: Wells Fargo Healthcare Conference September 3: Goldman Sachs 22nd Annual European Medtech and Healthcare Services Conference September 3: Cantor Fitzgerald Global Healthcare Conference September 8: Morgan Stanley 23rd Annual Global Healthcare Conference September 9: Baird Global Healthcare Conference September 23: Bank of America Global Healthcare Conference September 29: Jefferies Healthcare Services Conference Consumer Discretionary & Consumer Staples July 29: Holiday and Winter Selling Show August 13: JP Morgan Auto Conference September 2: Barclays Global Consumer Staples Conference September 4: Bank of America Gaming and Lodging Conference 2024 Financials & Real Estate August 5: UBS Financial Services Conference August 10: KeyBanc Capital Market Technology Leadership Forum September 3: KBW Insurance Conference September 7: Barclays 23rd Global Financial Services Conference September 9: Bank of America Global Real Estate Conference September 15: Goldman Sachs Real Estate Equity and Debt Conference September 15: Bank of America Securities 30th Annual Financials CEO Conference September 25: Oppenheimer Insurance Summit (virtual) Industrials August 5: Space & Missile Defense Symposium (SMD) August 12: Deutsche Bank Transportation Conference August 15: UBS Infrastructure & Transportation Conference August 18: Needham 14th Annual Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference (virtual) September 2: Morgan Stanley Industrial CEOs Unplugged September 2: Deutsche Bank 15th Annual Aviation Forum September 3: Jefferies Industrials Conference September 16: RBC Capital Markets Global Industrials Conference Energy & Utilities August 17: Enercon Denver 30th Annual Energy Investment Conference September 2: Barclays 39th Annual CEO Energy-Power Conference September 8: ROTH 12th Annual Solar & Storage Symposium September 17: BNP Paribas Power Up Conference Materials August 12: Mizuho Chemical Conference August 12: Citi Natural Resources Conference September 3: UBS Global Materials Conference September 9: Berenberg Food Ingredients & Chemicals Conference September 9: Precious Metals Summit Beaver Creek September 14: Gold Forum Americas Regional August 18: Macquarie ASEAN Conference August 28: Morgan Stanley China BEST Conference Autumn Series September 3: Goldman Sachs Asia Leaders Conference September 3: J.P. Morgan European Leveraged Finance Conference September 8: Bank of America Securities Asia Pacific Conference September 16: JP Morgan 16th Annual U.S. All Stars Conference September 24: Citi's China Industrial, SMID, Transport Conference Investor Specific & Multi-Sector August 12: Canaccord Genuity's 45th Annual Growth Conference August 20: Sidoti August Micro-Cap Conference September 3: JP Morgan - CEO Call series September 4: Piper Sandler 11th Annual Macro Conference September 8: HC Wainwright Global Investment Conference September 9: Piper Sandler 4th Annual Growth Frontiers Conference September 16: JP Morgan Emerging and Frontier Markets Opportunities Conference September 17: Sidoti September Small Cap Conference Copyright 2025 Wall Street Horizon, Inc. All rights reserved. Do not copy, distribute, sell or modify this document without Wall Street Horizon's prior written consent. This information is provided for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of the information contained in this publication, and we are not responsible for any errors or omissions in or your use of, or reliance on, the information. This publication is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The information provided is not an invitation to purchase securities, including any listed on Toronto Stock Exchange and/or TSX Venture Exchange. TMX Group and its affiliated companies do not endorse or recommend any securities referenced in this publication. This publication shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. TMX, the TMX design, TMX Group, Toronto Stock Exchange, TSX, and TSX Venture Exchange are the trademarks of TSX Inc. and are used under license. Wall Street Horizon is the trademark of Wall Street Horizon, Inc. All other trademarks used in this publication are the property of their respective owners. This article first appeared on GuruFocus. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten

Musk-linked PAC spends big to promote newly enacted megabill
Musk-linked PAC spends big to promote newly enacted megabill

Politico

time13 minutes ago

  • Politico

Musk-linked PAC spends big to promote newly enacted megabill

President Donald Trump pounds a gavel presented to him by House Speaker Mike Johnson after he signed his signature bill at the White House on July 4, 2025. | Evan Vucci/AP By Gregory Svirnovskiy 08/04/2025 05:55 AM EDT Building America's Future, a PAC that has been supported by Elon Musk, is shelling out more than a million dollars to promote recent White House wins, including a GOP domestic policy package the Tesla CEO and former Trump administration employee once called 'a disgusting abomination.' The 30-second ad, titled 'Independence,' is set to run nationally on Fox News and will congratulate President Donald Trump on the passage of Republicans' 'One Big, Beautiful Bill,' which extends his 2017 tax cuts alongside other GOP wins at the expense of nearly $1 trillion in coming Medicaid cuts. 'This Independence Day, President Trump and Congress made the working family tax cuts law,' the spot, which is to debut Monday, will say. 'Freeing Americans from taxes on their tips and overtime, doubling the child tax credit, and cutting taxes for seniors. Republicans know that our country is better off when working families keep more of what they earn. Now, they will.'

Fewer Than 1,000 Trump Gold Cards Will Be Sold—Experts
Fewer Than 1,000 Trump Gold Cards Will Be Sold—Experts

Newsweek

time14 minutes ago

  • Newsweek

Fewer Than 1,000 Trump Gold Cards Will Be Sold—Experts

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. While Trump administration officials have said that more than 70,000 people have expressed interest in the Trump "gold card" visa, some industry experts suggest the number of sales may be significantly lower. Latitude Managing Director Chris Willis told Newsweek, "In the end, less than 1,000 Trump Cards will be sold—far below the standards for a golden visa program." Newsweek has contacted the U.S. Commerce Department for comment. Why It Matters The gold card proposal, introduced in February, would grant U.S. residency to foreign nationals who invest $5 million in the United States. The fast-track pathway targets high-net-worth individuals looking for a route to American citizenship. Since returning to office on January 20, President Donald Trump has enacted sweeping changes to U.S. immigration policy and has moved to limit other immigration pathways, with his administration pausing the processing of some green card applications and ending the temporary legal status of certain migrant groups. A person in Shanghai, China, holds a smartphone displaying the website for registering interest in the new U.S. gold card visa on June 12. A person in Shanghai, China, holds a smartphone displaying the website for registering interest in the new U.S. gold card visa on June 12. Wang Gang/VCG via AP What To Know Since Trump announced the gold card visa program, it has drawn criticism, with experts calling it too expensive. "The key flaw with the Trump Card is that it's overpriced. The Trump administration is overestimating the value of American citizenship," said Latitude CEO Eric Major, who founded HSBC's Global Investor Immigration Services. Latitude, a global advisory firm, advises wealthy clients on dual passports and gold visas worldwide. "A required $5 million donation—not even an investment—is at least five times higher than comparable pathways in Europe," Major told Newsweek. "Without a proper legal basis, the Trump Card lacks legitimacy in the eyes of the market," he added. A key feature of the proposed visa is that recipients would be taxed solely on income they earn in the U.S., rather than on their worldwide income. The program faces several obstacles, Major said. To create such a pathway, the U.S. would need to significantly revise the Internal Revenue Code. This would include establishing a new classification of taxpayers that is separate from citizens, green card holders and those meeting the substantial presence test. These groups are currently taxed on worldwide income. Such changes cannot be made through executive order. It would require legislation passed by both chambers of Congress. According to the global investment migration firm Henley & Partners, interest in U.S. residency programs among wealthy individuals has increased, driven in part by renewed attention to established initiatives such as the EB-5 Immigrant Investor Program following the gold card announcement. The EB-5 program, created in 1990, requires applicants to pay fees ranging from $100,000 to $200,000 to the United States Citizenship and Immigration Services, invest between $800,000 and $1 million, and create a minimum of 10 jobs for American workers. In June, the administration launched a website where foreign nationals can register their interest in the program. Registration is open to anyone. What People Are Saying Latitude CEO Eric Major told Newsweek: "The Trump Card, as currently presented, appears to have been launched for political branding. Even though they appear to have received close to 70,000 registrations, this reflects expressions of interest only. No formal applications have been processed, and the scheme still faces severe legal and legislative uncertainty, including whether Congress will approve the new visa category." Abigail Jackson, a White House spokesperson, previously told Newsweek: "President Trump is a businessman and innovator who is always looking for new ways to bring investment back to the United States and encourage legal immigration." David Lesperance, the managing partner at Lesperance & Associates, told Newsweek: "I doubt if the Trump Card will ever see the light of day." What Happens Next While individuals and businesses can register their interest in the visa on details about official application procedures and the vetting and approval processes have not been announced.

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