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Nicholas Brown @nicholasabrown.bsky.social · 2h

US Homebuilder Sentiment Rises By Most Since 2024 On Lower Rates - Bloomberg

US Homebuilder Sentiment Rises By Most Since 2024 on Lower Rates

Confidence among US homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation’s affordability problem.

www.bloomberg.com

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Nicholas Brown @nicholasabrown.bsky.social · 3h

(WSJ) - IKEA’s low costs have won it legions of fans around the world. Now President Trump’s tariffs are forcing the furniture giant to do something it hates: raise prices.

@wsj.com

IKEA’s Low-Price Mantra Is Tested by Trump’s Tariffs

The world’s largest furniture retailer is raising prices on some products, and working to source more goods in the U.S.

www.wsj.com

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Reposted by Nicholas Brown

Carl Quintanilla @carlquintanilla.bsky.social · 4h

BOOCKVAR: ".. The Fed’s Beige Book still reads like an economy that is barely growing, if at all .."

peterboockvar.substack.com/p/beige-book...

Beige Book reads like an economy that is barely growing, if at all/What some are saying/BoJ member ready to hike

The Fed’s Beige Book still reads like an economy that is barely growing, if at all, when it starts by saying “Economic activity changed little on balance since the previous report, with three District...

peterboockvar.substack.com

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Nicholas Brown @nicholasabrown.bsky.social · 5h

(Reuters) - Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company seeks to cut costs and win back investor confidence.

www.reuters.com

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Reposted by Nicholas Brown

Carl Quintanilla @carlquintanilla.bsky.social · 23h

Some straight talk out of Waller. Less and less sugar-coating as we go on.

#NFP 👀

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Nicholas Brown @nicholasabrown.bsky.social · 1d

(Reuters) - U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve showed on Wednesday, though part of the rise probably reflected higher prices.

US retail sales excluding autos likely increased again in September, Chicago Fed says

U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve showed on Wednesday, though part of the rise probably reflected higher prices.

www.reuters.com

Nicholas Brown @nicholasabrown.bsky.social · 1d

$AAPL | Apple Updates iPad Pro, MacBook Pro, Vision Pro With M5 Chip - Bloomberg

Apple Updates iPad Pro, MacBook Pro, Vision Pro With Its M5 Chip

Apple Inc. updated its top-of-the-line iPad Pro, Vision Pro headset and 14-inch MacBook Pro, rounding out a series of product refreshes ahead of the crucial holiday-shopping season.

www.bloomberg.com

Nicholas Brown @nicholasabrown.bsky.social · 1d

(Axios) - Wall Street's belief that "Trump always chickens out" on tariff threats has kept stocks afloat even as trade tensions with China heat up. But the TACO trade is riskier this time, says Bob Elliott, CEO of Unlimited Funds.

Why the TACO trade is riskier this time around

Tensions with China flared after it unveiled plans for new export controls on rare earths.

www.axios.com

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Nicholas Brown @nicholasabrown.bsky.social · 1d

New York Manufacturing Activity Increases For Third Time In Four Months - WSJ

New York Manufacturing Activity Increases for Third Time in Four Months

Factory activity in New York state swung into positive territory in October as orders and shipments picked up.

www.wsj.com

Nicholas Brown @nicholasabrown.bsky.social · 1d

‘I’ll Have Eric Call’: Trump Sets Up Son’s Meeting With Indonesian President - WSJ

‘I’ll Have Eric Call’: Trump Sets Up Son’s Meeting With Indonesian President

A hot-mic moment suggested a blurry line between the U.S. president’s roles as political leader and businessman.

www.wsj.com

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Nicholas Brown @nicholasabrown.bsky.social · 1d

Grocery Prices Keep Rising. Frustrated Consumers Are Trying To Adapt. - WSJ

Grocery Prices Keep Rising. Frustrated Consumers Are Trying to Adapt.

Shoppers say they are cutting back on purchases, stockpiling certain foods or exploring more-affordable stores.

www.wsj.com

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Reposted by Nicholas Brown

Carl Quintanilla @carlquintanilla.bsky.social · 2d

* Walmart Partners With OpenAI to Create AI-First Shopping Experiences

* Partnership With OpenAI Will Start With Allowing Customers, Members to Soon Shop Walmart Through ChatGPT Using Instant Checkout

(via DJ) $WMT

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Nicholas Brown @nicholasabrown.bsky.social · 2d

$F | Ford Cuts Production Of Five Trucks, SUVs After Aluminum-Supply Disruption - WSJ

Ford Cuts Production of Five Trucks, SUVs After Aluminum-Supply Disruption

A fire knocked a crucial aluminum supplier offline until next year. Moneymaking F-150 trucks are vulnerable.

www.wsj.com

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Reposted by Nicholas Brown

Mediaite @mediaite.com · 3d

CNBC’s Andrew Ross Sorkin Is ‘Anxious’ Wall Street Is ‘Reliving’ 1929 Market Crash Under Trump

CNBC star Andrew Ross Sorkin told 60 Minutes that he is "anxious" Wall Street is racing towards a stock market crash like the one that rocked investors in 1929 The post CNBC’s Andrew Ross Sorkin Is ‘Anxious’ Wall Street Is ‘Reliving’ 1929 Market Crash Under Trump first appeared on Mediaite.

dlvr.it

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Nicholas Brown @nicholasabrown.bsky.social · 3d

(Reuters) - U.S. President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who caution it could lead to more price increases and squeeze demand.

US retailers brace for impact as Trump's 100% China tariffs loom

U.S. President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who caution it could lead to more price increases and squeeze demand.

www.reuters.com

Nicholas Brown @nicholasabrown.bsky.social · 3d

TORONTO — Ontario Premier Doug Ford’s threats to choke off exports of energy, potash and critical minerals to the United States are setting off alarm bells among cross-border business leaders.

Doug Ford’s trade threats could backfire, US-Canada business leader warns

Beth Burke of the Canadian American Business Council explains why saber-rattling risks derailing next year’s USMCA review.

www.politico.com

Nicholas Brown @nicholasabrown.bsky.social · 3d

$AVGO | OpenAI, Broadcom Forge Multibillion-Dollar Chip-Development Deal - WSJ

OpenAI, Broadcom Forge Multibillion-Dollar Chip-Development Deal

The companies plan to deploy 10 gigawatts of custom AI chips over the next four years.

www.wsj.com

Nicholas Brown @nicholasabrown.bsky.social · 3d

$JPM | JPMorgan To Invest $10 Billion In U.S. Companies Critical To National Security - WSJ

JPMorgan to Invest $10 Billion in U.S. Companies Critical to National Security

The investment bank pledges to take stakes in companies such as mineral producers, artificial-intelligence firms and others.

www.wsj.com

Nicholas Brown @nicholasabrown.bsky.social · 6d

Reposted by Nicholas Brown

Carl Quintanilla @carlquintanilla.bsky.social · 6d

Stocks move sharply lower on these headlines:

* TRUMP: I WAS TO MEET PRESIDENT XI IN TWO WEEKS, AT APEC, IN SOUTH KOREA, BUT NOW THERE SEEMS TO BE NO REASON TO DO SO

* TRUMP: THERE IS NO WAY THAT CHINA SHOULD BE ALLOWED TO HOLD WORLD "CAPTIVE"

@reuters.com

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Nicholas Brown @nicholasabrown.bsky.social · 6d

“China’s top market regulator said Friday that it had launched an investigation into Qualcomm for suspected violation of the country’s antimonopoly law. The probe is tied to Qualcomm’s acquisition of Autotalks, an Israeli startup.. ”

@wsj.com $QCOM

China Goes All In on U.S. Trade Battle, With Qualcomm in the Crosshairs

Beijing’s move against the San Diego chip giant is the latest in a two-day barrage of actions targeting the U.S.

www.wsj.com

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Reposted by Nicholas Brown

Carl Quintanilla @carlquintanilla.bsky.social · 7d

( $NVDA at $300 would take mkt cap to ~$7.2 trillion. )

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Nicholas Brown @nicholasabrown.bsky.social · 7d

(BBC) - There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC.

JP Morgan boss Jamie Dimon sounds warning on US stock market fall

Jamie Dimon said he was "far more worried than others" about the potential for a stock market correction.

www.bbc.com

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Nicholas Brown @nicholasabrown.bsky.social · 7d

WILLIAMS: ".. the information suggested that the tariffs effects have been a little smaller than I expected. I think the shift is more on the employment side. The risks of a further slowdown in the labor market is something I’m very focused on."

@nytimes.com

New York Fed President Backs Interest Rate Cuts to Protect Labor Market

www.nytimes.com

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Nicholas Brown @nicholasabrown.bsky.social · 7d

$DAL | Delta Air Lines Expects Travel Rebound To Carry Into Holiday Season - WSJ

Delta Air Lines Expects Travel Rebound to Carry Into Holiday Season

Delta Air Lines expects a resurgence in travel demand in recent weeks to carry into the fourth quarter, a marked turnaround from a turbulent start to the year.

www.wsj.com