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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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Trump Proposes New Agency to Collect Foreign Revenue

 


In a recent announcement, President-elect Donald Trump revealed plans to establish a new government agency called the External Revenue Service. This agency aims to collect tariffs, duties, and other revenues from foreign sources. Trump stated that this move is intended to shift the tax burden away from American citizens and onto foreign entities that benefit from trade with the United States.

The announcement has sparked significant debate. Supporters argue that it will ensure foreign companies pay their fair share, while critics warn that it could lead to increased costs for American consumers and potential retaliation from trade partners. The specifics of how this new agency will operate remain unclear, and it is uncertain whether it will replace existing functions performed by agencies like U.S. Customs and Border Protection.

Trump's proposal has also drawn criticism from some lawmakers, who view it as a rebranding effort that could result in a multi-trillion-dollar tax hike on American families and small businesses. As the inauguration approaches, the details and potential impacts of this new agency will be closely watched.


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