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The Wall Street Publication > Blog > Markets > Inflation ticks up, Trump’s tariffs, Dimon slams anti-RTO staff
Markets

Inflation ticks up, Trump’s tariffs, Dimon slams anti-RTO staff

Editorial Board Published February 15, 2025
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Inflation ticks up, Trump’s tariffs, Dimon slams anti-RTO staff
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Treasury Secretary Scott Bessent discusses President Donald Trump signing a reciprocal tariff plan, Vice President JD Vance threatening Russia with sanctions, a possible financial partnership settlement with Ukraine and authorities spending waste.

-Shares notch weekly positive factors regardless of combined buying and selling Friday 

-Treasury Secretary Scott Bessent defends tariffs, after wheeling and coping with Ukraine’s Zelenskyy 

-Trump’s tariffs and reciprocal tariffs defined 

-DOGE bulldozing hits Social Safety, Federal Reserve subsequent?

-Inflation runs sizzling…once more, as egg costs soar 53% 

-Agriculture Secretary Brooke Rollins confirmed, together with Robert Kennedy, Jr. as Well being and Human Providers Sec. 

-JPMorgan CEO Jamie Dimon goes on rant geared toward WFH diehards 

-The Huge Board goes BIG in Texas. NYSE outlines huge growth 

-Two U.S. retailers plan extra retailer closures — lots of them 

-Robotic riders will likely be delivering your subsequent takeout order 

STOCKS WIN FOR WEEK: The Nasdaq Composite rose 2.6% for the week, adopted by the S&P 500 and Dow Jones Industrials…extra on the markets right here. Bitcoin was risky and stays beneath $100,000…LIVE cryptocurrency costs right here. 

TOUGH TALK: U.S. Treasury Secretary Scott Bessent defended President Trump’s tariffs in an interview with FOX Enterprise…proceed studying right here. 

UKRAINE ECONOMIC DEAL: We additionally accompanied Bessent solely to Ukraine, the place he’s working to hammer out an financial cope with Ukraine President Zelenskyy…proceed studying right here.

RECIPROCAL TARIFFS EXPLAINED: Trump is wielding tariffs quick and livid…proceed studying right here.

DOGE DEALS: Elon Musk’s Division of Authorities Effectivity is smashing its method by way of Washington, D.C., and he claims one Social Safety recipient is 150 years previous and getting a examine…extra on the Federal Reserve right here. Musk additionally put the Federal Reserve on discover for an audit, however Chairman Powell fired again…proceed studying right here.

VIDEO: Elon Musk joins Trump within the Oval Workplace for some straight speak

INFLATION HOTTER: Client costs rose greater than anticipated, an indication inflation is much from beneath management. Egg costs, for instance, posted one other startling spike…proceed studying right here. Many retailers are limiting purchases of this kitchen staple…proceed studying right here.

CONFIRMED: Well being and Human Providers Secretary Robert Kennedy, Jr. was confirmed and is promising to Make America Wholesome Once more…proceed studying right here. Agriculture Secretary Brooke Rollins additionally sailed by way of, to inherit the hen and egg disaster…proceed studying right here.

CLAPS BACK!: JPMorgan CEO Jamie Dimon gave workers protesting his return-to-office push an expletive earful…proceed studying right here.

VIDEO: Hearken to Dimon slamming Zooms, texting, Fridays and do business from home politics

RETAIL RIP: Two extra U.S. retailers introduced hefty retailer closures, together with division retailer chain JCPenney…proceed studying right here, in addition to craft chain Joann…proceed studying right here.

Y’ALL STREET: The New York Inventory Alternate is increasing in pro-business-friendly Texas, following a number of different huge corporations…proceed studying right here. 

DYING DELIVERY BREED?: Uber is rolling out extra robots to ship your meals changing people…proceed studying right here. 

VIDEO: See Robotic Riders in motion 

TAX TIPS: WHAT TO KNOW

TAX SEASON 2025: Do that one factor earlier than submitting your taxes…proceed studying right here.

WATCH FOX BUSINESS NETWORK HERE

DON’T MISS IT: The FOX Enterprise Rundown Podcast — extra podcasts right here.

FOX Enterprise podcasts. (FOX Enterprise)

UP NEXT:

– In search of extra enterprise and market-moving headlines? Discover extra from FOX Enterprise right here.

– Need reside updates? Get the FOX Enterprise app right here.

TAGGED:antiRTODimonInflationslamstariffsticksTrumpsworkers
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