Rolls of Us Penies are visible in this photographic illustration in Washington, February 10, 2025.
Saul Loeb AFP Getty Images
Just over three weeks have passed in the second term of the US President Donald Trump, and an avalanche of ads from the White House shows no signs of restriction.
The administration is to stop the enforcement of a foreign law on corruption practices, President Trump removed the director of the Government Office of Ethics and (sigh!) Even a modest penny is not saved, and Trump ordered a penny production.
For investors, disassembly of ethics regulations would definitely ask questions. How will American companies run now, especially in markets where corruption is more crazy? Will more brown envelopes be slipped under the tables, all in the name of maintaining or winning? Will the rule of law be replaced by the amount of activity introduced by the company?
There are no simple answers to these questions, but expect that in the coming days they will hear two centers of experts and economists.
Well, at least when the penny is still nearby.
– Lim Hui Jie
What you need to know today
Altman rejects the offer of $ 97.4 billion for Openai
Elon Musk, Tesla CEO Is Running a group of investors CNBC confirmed that by offering Openai for $ 97.4 billion. The offer applies to the NON -PROFIT organization that supervises artificial intelligence for chatgpt. However, the general director of Opeli, Altman himself, wrote on Post on X“Not thank you, but we'll buy Twitter for $ 9.74 billion if you want.” Musk then answered the head of Opeli to X, calling him “fraud.“
Steel supplies flowed to Trump's tariffs
Steel and aluminum supplies It increased on Monday after the US president Donald Trump he said According to JPMorgan, it will impose 25% of their duties on the entire import of metals to the USA, the aluminum tariff would add almost 30 cents for prices, not including transport and other costs. The bank expects domestic aluminum production as a result of tariffs.
Trump to stop the act on the enforcement of foreign corruption practices
Trump is to sign the executive order directing Department of Justice Stopping the enforcement of almost half a century, which prohibits American companies and foreign companies to bribe foreign governments to obtain or maintain business. Pause in criminal proceedings It will be implemented to avoid erecting American companies in an adverse economic situation for foreign competitors.
Markets reject tariff fears
USA shares increased on Monday, driven by the main names of technology, and when traders looked beyond the latest US tariff threat on the part of the president Donald Trump. . Industrial average Dow Jones Added 0.38%, conducted by 4.8% growth McDonald's. . S&P 500 gained 0.67%and NASDAQ composite increased to 0.98%. European shares closed at a record level, with the pan-European Stoxx 600 An increase of 0.58% at a record level of 545.92 points and with all sectors in green.
(PROFESSIONAL)
Traders reduce the expectations of the rate
Investors are lowering their expectations Even further about the reduction of interest rates from the FED this year, because they are more worried about tariffs and the influence that they can have on inflation. Economists warned that a large -scale trade war could significantly increase prices, and consumers are also worried. Lower line
And finally …
Penny are displayed in Glenview Coin & Collectibles on July 6, 2006 in Glenview, Illinois.
Tim Boyle Getty Images News Getty Images
Which means the end of a penny for the economy, your bank bank and the way America appraisal items
President Donald Trump ordered the treasury Stop making fun of new pennies, which can affect prices, cash consumers and these coins still under the pillows on the couch.
Experts provide for a mild inflation effect because more prices are rounded to the next five cents. People at the bottom of the economic ladder will probably feel that every penny has stuck the most because they are either incomparable or are unable to access debit or credit cards or a digital portfolio.