A presentation that has been shared with the Trump administration references Tesla, Ikea, TSMC, and more in its plan to rebuild Gaza. Some of these companies say they had no idea they were mentioned. [...]
Economists at Goldman Sachs (GS) say the new round of U.S. tariffs will give inflation a temporary bump later this year — but expect the effects to fade in 2026. In a note released Monday and credited to its chief U.S. economist David Mericle, the bank projected that core PCE inflation will rise to 3.6% by year-end,…Read more... [...]