US copper prices fall after Trump exempts refined metals from tariffs
Washington follows through with plans to impose 50% tariff on some products
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JPMorgan-Coinbase partnership to facilitate crypto trading
Announcement is the latest sign of growing ties between banking and digital asset sectors
As oil slows, Baker Hughes jumps on the LNG bandwagon
Deal to buy Chart Industries is a bet on the commodity’s future
US Treasury to sell more short-term debt in continuation of Biden-era policy
Treasury secretary Scott Bessent previously criticised issuance of short-term bills as means of keeping long-term interest rates stable
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.
Private company hiring bounced back with a 104,000 increase in July, ADP says
Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.