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Import prices challenge bullish narrative – BNY

BNY’s EMEA Macro Strategist Geoff Yu highlights that industrial metals have failed to reclaim early-year highs and sees little macro support for a rebound. Weak import prices in the US, China and Germany, ongoing Chinese PPI deflation and Indonesia’s nickel quota cuts all point to persistent demand drag, keeping downside…

A grim report from Hollywood: ‘People are having a hard time here.’

Hollywood is in trouble.The streaming boom that fueled a ton of production in the last decade-plus is gone, and lots of the remaining work is going overseas. No one really knows how AI will affect the movie and TV business, but there’s lots of fear it won’t be good. And barring something truly surprising, Warner Bros., one of Hollywood’s most important movie and TV studios, is going to get swallowed up in the next year…

Finance news

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Business

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Kevin Hassett calls for NY Fed to punish economists over tariff research

White House economic advisor Kevin Hassett on Wednesday called for the New York Federal Reserve to punish economists who published a research paper that found that the bulk of the burden of the Trump administration’s tariffs are falling on U.S. businesses and consumers. “The paper is an embarrassment. It’s, I think,…

Markets

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Investing

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