Independent thinking for complex markets and current events
There has been “outreach” between the United States and Iran in recent days, though not full negotiations, CNN cited an Iranian source as saying. “Messages have been received through various intermediaries to scope out whether an agreement to end the war can be reached,” the source said, adding that the contact had been initiated by …
Republicans finally got their “big, beautiful bill” across the finish line. Now they’re turning to their next urgent tasks: codifying billions in spending cuts and avoiding a government shutdown. The Senate plans to vote no earlier than next week on President Donald Trump’s request for lawmakers to scrap $9.4 billion in previously approved funding for …
The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout of higher tariffs and potential revenue increases The International Monetary Fund forecasts U.S. tariffs will …
https://threadreaderapp.com/thread/1763670170470387936.html Julie breaks down the morning session. Lots of good detail in here. Judge Cannon calls Jack Smith trial date ‘unrealistic.’ Big news from Cannon hearing. 60 day DOJ rule is not in effect. Jack Smith would put Trump on trial November 1. The judge had originally scheduled the trial to begin May 20 but …
The Supreme Court on Tuesday morning issued orders from the justices’ private conference on Friday, Feb. 16. The court did not add any new cases to its merits docket, but Tuesday’s list of orders featured several notable denials of review – including in a pair of cases that the justices have been considering since late …