European stocks slide; investors react to quarterly earnings, U.S. CPI

HBO Max recently sent out an email that may have left some subscribers scratching their heads—turns out, the streaming bundle quietly removed a family-friendly channel. If you were wondering where it went, this explains the change.

Mumbai, India's bustling financial hub, is getting a major infrastructure overhaul—and the inspiration comes from an unlikely source: New York City's 200-year-old urban planning playbook. Officials are pouring billions into modernizing the city's creaky infrastructure, aiming to transform it into a more efficient and livable metropolis.

Editor’s Note: This isn’t just about fixing potholes—it’s a bold attempt to reimagine Mumbai’s future by borrowing lessons from one of the world’s oldest modern cities. If it works, it could ease congestion, boost the economy, and improve quality of life for millions. But big projects like this often face delays and controversies, so whether the vision becomes reality remains to be seen.

President Trump is doubling down on tariffs—and he's not picky about how they happen. According to The Wall Street Journal's Greg Ip, Trump’s main goal is slapping higher tariffs on imports, whether through unilateral action or negotiated deals. The "how" seems almost beside the point; the focus is on pushing those numbers up.

Editor’s Note: Tariffs can ripple through the economy, affecting prices for consumers and tensions with trading partners. Trump’s aggressive stance signals more trade battles ahead—something businesses and shoppers might feel in their wallets. If you thought the trade wars were over, think again.

Dallas Fed President Lorie Logan suggests the central bank should keep interest rates unchanged for the foreseeable future, signaling a cautious approach amid lingering inflation concerns. She’s not ruling out future hikes if needed, but for now, holding steady seems to be the play.

Editor’s Note: This isn’t just Fed-speak—it’s a signal that borrowing costs (think mortgages, car loans, and credit cards) likely won’t drop soon. For everyday folks and businesses, it means the era of "higher for longer" rates isn’t over yet, which could keep squeezing budgets but also help cool inflation. A classic "wait and see" move from the Fed.

Former President Donald Trump hinted that economist Judy Shelton (referred to as "Bessent" in the headline, likely a typo) could be a potential replacement for Federal Reserve Chair Jerome Powell if Trump wins the 2024 election—but he also praised Powell’s current performance, leaving his stance ambiguous.

Editor’s Note: Trump’s comments matter because they signal possible shifts in Fed leadership, which plays a huge role in interest rates and economic stability. His mixed messaging—floating a replacement while praising Powell—keeps markets guessing about future policy direction. For everyday folks, this could mean uncertainty about borrowing costs, savings rates, and overall economic confidence down the line.