JUST IN: $10 trillion Charles Schwab CEO says they will launch Bitcoin trading "sometime soon" and will be competing with Coinbase 👀

“Amazingly resilient” - American Express CFO on consumers

This is a problem. First impact of ai on the workforce?

Goldman Sachs CEO David Solomon on Mamdani’s rent freeze idea to fix NYC affordable housing: “The concept  of freezing rents or rent controls, this is not new. This has been around for 100 years, and you can go back over 100 years and look at lots of times when that policy has been put in place in New York, and every single time the result was less affordable housing, less good housing. You can't find an academic study that suggests that this is a good policy.”

Goldman CEO David Solomon on why the growth outlook is getting better: “I feel a little bit of a re-acceleration. I'm a little bit more constructive on the growth trajectory based on where we are at a moment. And look, some of this is confidence. I mean, it's hard to say that confidence is not higher on July 15th than it was on May 15th. And if confidence is higher, you're going to see that in behavior”

A few facts about the Fed’s $2.5b building renovation… This is the 7th year of a 9 year renovation of 2 historic buildings. If they demolished it, would have been cheaper. Historic preservations take longer and cost more. The Fed consulted with congressional oversight committee leadership before it all got underway. It was approved by the Fed Board, of all senate confirmed members, each year. The budget has been posted on the Fed web site. Fed Chair Powell testifies before the House and Senate committees twice a year and it has never been brought up.

“Not planning on doing anything” President Trump on firing Powell Phew

According to a source, Fed Chair Powell has requested a more formal review of the costs of the renovation of the Fed from Michael Horowitz, the Fed’s new Inspector General.

As Nike tries to turn around the biz, some good exposure today in the 2 big sports showcases, Wimbledon and the Club World Cup: @carlosalcaraz vs. @janniksin both in Nike and @PSG_inside vs @ChelseaFC, both in Nike at the Club World Cup $nke

.@SecScottBessent made the point in our interview that Vietnamese suppliers will pay the tariffs to preserve or grow their market share, so it doesn’t have to hit U.S. company margins or U.S. consumer prices