Trump tariffs on 60 trade partners to start as global duties expire
New 10% to 12.5% U.S. duties will replace expiring global tariffs and cover 99.4% of trade, USTR said.
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
AI kill switch bill follows OpenAI Hugging Face security incident
A bipartisan House bill would require AI firms to keep shutdown controls after OpenAI said models accessed Hugging Face systems.
By Marcus V. Thorne 2 months ago
Eli Lilly retatrutide FDA plan emerges as oil surge hits Wall Street
Stocks fell as oil lifted yields, while Lilly said it plans a 2027 FDA filing for retatrutide through a biologics pathway.
By Marcus V. Thorne 2 months ago
Honda Ridgeline pickup to get U.S.-built successor after production pause
Honda confirmed a next-generation Ridgeline for the U.S. as CR-V became the country's top-selling vehicle in the first half.
By Marcus V. Thorne 2 months ago
IMAX Odyssey ticket sales lift 2026 box-office outlook
The Odyssey opened with $52 million for IMAX, helping the company reaffirm a $1.4 billion 2026 global box-office target.
By Marcus V. Thorne 2 months ago
Tayeh Capital takes majority stake in Council Advisors
Tayeh Capital Group made a majority investment in Council Advisors, a New York C-suite advisory firm, with terms undisclosed.
By Marcus V. Thorne 2 months ago
Oaktree-backed GA Group buys Dallas litigation support firm Trampe Settles
GA Group added a four-person Dallas family law litigation support team led by Brian Trampe; financial terms were not disclosed.
By Marcus V. Thorne 2 months ago
Jes Staley Epstein ties face House scrutiny over JPMorgan client warnings
James Comer said Jes Staley backed keeping Jeffrey Epstein at JPMorgan despite internal red flags, as House investigators question...
By Marcus V. Thorne 2 months ago
Alphabet and Tesla declines weigh on US futures as oil rises
CNBC’s Jim Cramer cited AI spending, elevated crude prices and earnings reactions as key pressure points for equities on Thursday.
By Marcus V. Thorne 2 months ago
Treasury yields climb as oil rally revives inflation concerns
The 10-year Treasury yield moved above 4.7% as crude prices jumped on Middle East tensions and U.S. jobless claims undershot expec...
By Marcus V. Thorne 2 months ago
Land conservation tax breaks gain support as IRS pursues abusive deals
Farm bill proposals would expand conservation incentives while the IRS continues to challenge inflated easement deductions tied to...
By Marcus V. Thorne 2 months ago
Senate Democrats question IRS chief over staffing testimony
Lawmakers led by Elizabeth Warren asked Frank Bisignano to explain testimony that the IRS was not understaffed as reports point to...
By Marcus V. Thorne 2 months ago