President-elect Donald Trump may attempt to utilize tariffs to bolster U.S. influence in the global economy, as suggested by Maurice Obstfeld, the former chief economist at the International Monetary Fund. However, Obstfeld warns that this strategy is likely to backfire and cause harm to the U.S. economy. Overall, Obstfeld cautions that while tariffs may be seen as a tool for increasing power, the consequences could ultimately be detrimental to the United States.
Full Article
Nasdaq Q2 Revenue Jumps 13 Percent
Nasdaq (NASDAQ:NDAQ) reported Q2 2025 results on July 24, achieving GAAP revenue of $1.31 billion and non-GAAP EPS of $0.85, exceeding estimates. The company experienced 9% growth in recurring revenue and strong operating income driven by client demand, although rising costs and longer sales cycles in regulatory technology are areas of concern. Want More Context? 🔎
Read more