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Frustrated, Trump's confidence in Ukraine deal appears to be waning The Washington PostThe ‘Big Tactical Error' in the Russia-Ukraine Negotiations PoliticoA week after Trump embraced Putin, the Ukraine peace effort is going nowhere CNNWho will America's president listen to next on Ukraine? The EconomistThe President's P
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Stock Market News From Aug. 22, 2025: Dow Marks Record Close After Powell's Jackson Hole Speech Barron'sStock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut Yahoo FinancePowell suggests rate cuts are coming — but not because Trump demanded them CNNJerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech The New York Times
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Trump makes deal giving U.S. government a 10% share of Intel The Washington PostIntel Agrees to Sell U.S. a 10% Stake in Its Business The New York TimesUS to take 10% equity stake in Intel, in Trump's latest corporate move ReutersU.S. government takes 10% stake in Intel, as Trump expands control over private sector CNBC
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In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.
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US to take 10% equity stake in Intel, in Trump's latest corporate move ReutersIntel Agrees to Sell U.S. a 10% Stake in Its Business The New York TimesTrump's tech deals break with U.S. traditions of free enterprise The Washington PostU.S. takes 10% stake in Intel, Trump says NBC NewsIntel will give the U.S. gover
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Jay Powell gives his Jackson Hole speech as Fed chair, but signals about future policy could be murky.
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Also in today's newsletter, Santander's Wall Street ambitions and Macron's €800mn vision for the Louvre
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Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. Those bets have failed to pay off.
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