US inflation to rise as higher tariffs feed through.
"With GPT-5, it is like talking to a legitimate PhD-level expert in any area you need."
Trump doubles India tariff to 50% to punish Russian oil buying.
"We're getting along with China very well," Trump said.
"Mounting evidence that the job market is softening and there are no signs of persistent tariff-driven inflation."
The data spells a pretty dramatic slowdown.
Goldman urges caution as global credit spreads hit 2007 lows.
Microsoft at $4 trillion market cap after earnings beat.
First rate cut expected in September.
The Federal Reserve is expected to keep interest rates unchanged.
Tariffs are already hampering world growth.
ECB leaves interest rates unchanged for now.
