Major Indexes Finish Mixed as President Holds Firm on Latest Trade Deal Deadline
U.S. copper prices soared to a new all-time high after President Trump said Washington will slap imports of the metal with a 50% tariff. Plus, solar stocks fall on news that the White House will enforce the halt to clean-electricity tax credits faster than expected. And, Amazon is expecting record sales as its Prime Day event begins. Charlotte Gartenberg hosts.
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Trump: No Extensions to Aug. 1 Reciprocal Tariff Deadline
Plus: Texas rescue teams deploy helicopters, airboats and dogs as they search for missing flood victims. Hershey names Wendy’s chief executive as its new CEO. Ariana Aspuru hosts.
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Trump Signals Restart of Ukraine Weapons Shipments
Plus: Meta announces another top AI researcher has joined its ranks from Apple. And Amazon Prime Day kicks off, as the tech giant tries to bring in more shoppers and Prime members. Luke Vargas hosts.
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2:40
Renewed Trade Tensions Drive Down U.S. Stocks
Stocks’ decline accelerates after President Trump announces 25% tariffs on goods from Japan and South Korea and threatens additional tariffs on countries building closer ties with Brics economies. Plus: Tesla shares fall after Elon Musk says he is forming a new political party. Danny Lewis hosts.
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Flash Flood Warnings Extend to This Evening in Texas
Plus: Houthis attack a ship in the Red Sea for the first time since President Trump announced a Truce. CoreWeave is set to acquire Core Scientific in a $9 billion deal.
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