Car finance redress plan 'impractical', says trade body

Cryptocurrency firm Bullish is planning to go public in the U.S. with an initial public offering (IPO) that could raise as much as $629 million. This move signals growing investor interest in crypto-related businesses despite market volatility.

Editor’s Note: Bullish's IPO is a big deal because it shows that major crypto companies are still attracting serious investment, even as the market goes through ups and downs. If successful, it could boost confidence in the broader crypto industry and pave the way for more traditional financial moves in the space.

U.S. stock futures are climbing early Monday, signaling a potential rebound after Friday's market drop. Investors are also keeping an eye on a looming deadline for new tariffs, while President Trump plans to appoint a new Bureau of Labor Statistics chief after firing the previous one following last week's jobs report.

Editor’s Note: This story matters because shifts in stock futures and potential tariff changes can impact everything from retirement accounts to consumer prices. Plus, the sudden leadership change at the BLS—the agency responsible for key economic data like jobs reports—raises questions about the reliability of future economic indicators, which markets heavily rely on.

Končar Group, a major Croatian electrical engineering company, reported impressive financial results for the first half of 2025. Their revenue grew by 33% compared to the same period last year, while net profit skyrocketed by 75%, signaling strong performance and growth.

Editor’s Note: This isn’t just good news for Končar—it’s a big deal for Croatia’s industrial sector. Such strong growth suggests the company is expanding its market reach, possibly through new contracts or efficiency gains. For investors and employees, this signals stability and potential opportunities. It also reflects positively on the broader regional economy, showing that industrial firms can thrive despite global uncertainties.

Bloomberg’s daily briefing for August 4, 2025, covers key financial updates, market trends, and economic insights—likely including stock movements, policy shifts, or corporate news. The video format suggests quick, digestible analysis for investors and professionals.

Editor’s Note: Bloomberg’s briefings are a go-to for busy professionals who need reliable, concise updates. Even if you’re not a finance expert, these summaries help gauge how global markets might impact things like jobs, prices, or your investments. Today’s edition could hint at emerging risks or opportunities worth watching. (Note: A more precise summary would require the actual excerpt or video details.)

Eric and Donald Trump Jr. are investing in a special-purpose acquisition company (SPAC) called New America SPAC, which aims to support businesses focused on boosting U.S. manufacturing. The brothers hold millions of shares in the venture, signaling their financial involvement in efforts to revitalize domestic production.

Editor’s Note: This story highlights how members of the Trump family are continuing to engage in business ventures, particularly in sectors tied to economic nationalism. While SPACs have been a trendy investment tool, the involvement of high-profile figures like the Trump brothers could draw attention—and scrutiny—to this particular effort to reshore manufacturing. For readers, it’s a glimpse into where influential players are placing their bets in the evolving U.S. economy.