For: July 14, 2025
>>Wall Street Welcomes Fresh Trading Week
(New York, NY) -- The opening bell rings this morning after stocks closed lower Friday amid ongoing trade worries and ahead of second quarter earnings season. At the closing bell, the Dow Jones Industrial Average fell 279 points to 44-371. The S&P 500 slipped 20 points to 62-59. The Nasdaq lost 45 points to 20-585.
>>Noteworthy Economic Reports On The Calendar
(Undated) -- Coming up in the business week ahead, things start rolling in on Tuesday, with the consumer price index - a key inflation gauge. Big banks JPMorgan Chase, Wells Fargo and Citigroup will also report second-quarter earnings before tomorrow's opening bell. The producer price index, another indicator of inflation, comes out Wednesday. Retail sales, along with the weekly look at first-time unemployment claims, are due Thursday. The week winds down Friday with the latest data on housing starts, building permits and consumer sentiment.
>>Trump To Impose 30% Tariffs On EU And Mexico
(Washington, DC) -- President Trump is ramping up tariffs on two of America's top trading partners. Trump announced his administration will place a 30 percent tariff on imports from Mexico and the European Union starting August 1st. In posts on Truth Social on Saturday, he threatened even higher tariffs if the EU or Mexico try to retaliate. The move follows last week's announcement the President plans to impose a 35-percent tariff on Canada for what he called its failure to cooperate on key issues.
>>Crypto Bills Before House This Week
(Washington, DC) -- House lawmakers are set to vote this week on a number of cryptocurrency bills. Those include the CLARITY Act, which looks to establish a regulatory framework for crypto asset markets, the GENIUS Act, which focuses on stablecoins, a digital currency with value tied to a real-world asset and the CBDC Surveillance State Act. That one would keep the Federal Reserve from coming out with its own digital currency in an effort to keep privacy and individual control over transactions.
>>New YouTube Monetization Policy To Be Announced Tomorrow
(San Bruno, CA) -- YouTube is reworking its policy on what type of content can earn creators money and what cannot. The goal is to crackdown on inauthentic content including mass-produced and repetitive videos created with artificial intelligence. A page on YouTube's website says creators can only upload original material. The updated policy is expected to be released on Tuesday and will detail what inauthentic content is.
>>U.S. Consumers Spent Over $24 Billion During Amazon Prime Day Event
(Seattle, WA) -- U.S. consumers spent just over 24-billion-dollars during Amazon's Prime Day event. That figure from Adobe Analytics is about nine-point-six-billion more than last year. Prime Day started out as a one-day sales extravaganza, but went on this year for four days - from Tuesday through Friday. Amazon hailed it as the "biggest Prime Day shopping event yet."
>>Study Identifies Most 'Financially Responsible' Cities
(Undated) -- A new study reveals the most "financially responsible" cities in the U.S. The study by LendingTree looked at the 100 largest metro areas in the nation. The study factored debt-to-income ratios, credit inquiries, maxed-out credit cards, spending on housing costs and low credit utilization rates. Des Moines, Iowa and San Jose, California were tied as the most financially responsible. Des Moines was found to have the lowest spending on housing with 19-percent of households shelling out about a third of their income on housing costs.
