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Brazil's Currency Plunges, EU Damage Control, Money In Every Mile

Brazil's Currency Plunges, EU Damage Control, Money In Every Mile

Bloomberg2 days ago
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump's threat to impose 50% tariffs on Brazilian goods sent the country's currency plunging as the US leader sharply escalated a dispute with Latin America's largest nation and leftist leader Luiz Inacio Lula da Silva. (2) President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances. (3) Nvidia became the first company in history to achieve a $4 trillion market valuation, cementing its status as a kingpin in the global financial market. (4) As the deadline for talks on US 'reciprocal' tariffs nears, Bloomberg Economics estimates the EU's best-case scenario - where the EU faces only 10% tariffs and no duties on cars, car parts, or metal products -- the tariff shock would drop to about 5.5 percentage points, down from 9 points under current policy. (5) Running could turn around the fortunes of Puma SE and Adidas AG as they look to make up ground lost to new upstarts before US tariffs start to bite. (6) The UK and French governments plan to order more of the Storm Shadow cruise missiles that they've been supplying to Ukraine, as well as accelerate efforts to develop a next-generation replacement for the weapons. (7) On Wednesday, scientists released a first-of-its-kind rapid attribution study linking recent deaths in Europe due to climate change-linked extreme heat, which killed an estimated 2,300 people in 12 European cities, including Barcelona, between June 23 and July 2.
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A year after Trump's near-assassination, friends and allies see some signs of a changed man
A year after Trump's near-assassination, friends and allies see some signs of a changed man

Yahoo

time28 minutes ago

  • Yahoo

A year after Trump's near-assassination, friends and allies see some signs of a changed man

WASHINGTON (AP) — President Donald Trump was on stage at the Iowa State Fairgrounds earlier this month, kicking off the country's 250th anniversary celebration, when he heard what sounded like fireworks in the distance. 'Did I hear what I think I heard?' Donald Trump remarked as he spoke from behind a wall of thick, bulletproof glass. 'Don't worry, it's only fireworks. I hope. Famous last words," he quipped, drawing laughs and cheers. 'You always have to think positive," he went on. "I didn't like that sound, either." The comments, just days before the first anniversary of Trump's near-assassination in Butler, Pennsylvania, served as a stark reminder of the lingering impact of the day when a gunman opened fire at a campaign rally, grazing Trump's ear and killing one of his supporters in the crowd. The attack dramatically upended the 2024 campaign and launched a frenzied 10-day stretch that included Trump's triumphant arrival at the Republican National Convention with a bandaged ear, President Joe Biden's decision to abandon his reelection bid and the elevation of Vice President Kamala Harris as his successor. One year after coming millimeters from a very different outcome, Trump, according to friends and aides, is still the same Trump. But they see signs, beyond being on higher alert on stage, that his brush with death did change him in some ways: He is more attentive and more grateful, they say, and speaks openly about how he believes he was saved by God to save the country and serve a second term. 'I think it's always in the back of his mind," said Sen. Lindsey Graham of South Carolina, a longtime friend and ally who was in close touch with Trump after the shooting and joined him that night in New Jersey after he was treated at a Pennsylvania hospital. 'He's still a rough and tumble guy, you know. He hasn't become a Zen Buddhist. But I think he is, I'll say this, more appreciative. He's more attentive to his friends," he said, pointing to Trump sending him a message on his birthday earlier this week. Graham added: "It's just a miracle he's not dead. He definitely was a man who believed he had a second lease on life." Constant reminders While many who survive traumatic events try to block them from memory, Trump has instead surrounded himself with memorabilia commemorating one of the darkest episodes in modern political history. He's decorated the White House and his golf clubs with art pieces depicting the moment after the shooting when he stood up, thrust his fist dramatically in the air and chanted, 'Fight, fight, fight!" A painting of the scene now hangs prominently in the foyer of the White House State Floor near the staircase to the president's residence. Earlier this year, he began displaying a bronze sculpture of the tableau in the Oval Office on a side table next to the Resolute Desk. And while he said in his speech at the Republican convention that he would only talk about what had happened once, he often shares the story of how he turned his head at just the right moment to show off his 'all-time favorite chart in history' of southern border crossings that he credits for saving his life. During a press conference in the White House briefing room last month, he acknowledged lingering physical effects from the shooting. 'I get that throbbing feeling every once in a while," he said, gesturing to his ear. 'But you know what, that's OK. This is a dangerous business. What I do is a dangerous business.' Trump will spend Sunday's anniversary attending the FIFA Club World Cup soccer final in East Rutherford, New Jersey. Crediting divine intervention Trump's chief of staff, Susie Wiles, who as his then-campaign chief was with him at the rally, said in a podcast interview released last week that Trump walked away from the shooting believing he had been spared for a reason. 'I would say I think he believes that he was saved. I do. And he would never — even if he thought it before, I don't think he would have admitted it. And he will now," she told 'Pod Force One.' She, too credited divine intervention. The chart, she noted, 'was always the last chart in the rotation. And it was always on the other side. So to have him ask for that chart eight minutes in, and to have it come on the side that is opposite, caused him to look in a different direction and lift his head just a little because it was higher. And that just doesn't happen because it happened. It happened because, I believe, God wanted him to live.' As a result, she said, when Trump says things that 'are perfunctory — every president says 'God bless America' — well, it's more profound with him now, and it's more personal." She also credited the attack with helping change public perceptions of Trump during the campaign. 'For the American public to see a person who was such a fighter as he was that day, I think, as awful and tragic as it might have been, it turned out to be something that showed people his character. And that's helpful," she said. 'You know, I have an obligation to do a good job, I feel, because I was really saved,' Trump told Fox News Friday. 'I owe a lot. And I think — I hope — the reason I was saved was to save our country.' Roger Stone, a longtime friend and informal adviser, noted that Trump has had other brushes with death, including a last-minute decision not to board a helicopter to Atlantic City that crashed in 1989 and another near-assassination two months after Butler when U.S. Secret Service agents spotted a man pointing a rifle through the fence near where Trump was golfing. Stone said he's found the president 'to be more serene and more determined after the attempt on his life' in Butler. 'He told me directly that he believed he was spared by God for the purpose of restoring the nation to greatness, and that he believes deeply that he is protected now by the Lord,' he said. Ralph Reed, chairman of the Faith and Freedom Coalition, agreed. 'I think for people who know the president, it is commonly believed that it changed him. I mean, how could it not? Imagine if you were who he was and if you don't turn your head at that instant," he said. 'He knew he was lucky to be alive.' Given how close Trump came to a very different outcome, Reed said, 'it's hard not to feel on some level that the hand of providence protected him for some greater purpose. And there are people that I've talked to who said they were confident that he would win for that reason. That there must have been a reason.' ___ Associated Press writer Nicole Winfield contributed to this report from Rome.

Jillian Michaels, Riley Gaines and more address Turning Point USA's Student Action Summit
Jillian Michaels, Riley Gaines and more address Turning Point USA's Student Action Summit

Fox News

time29 minutes ago

  • Fox News

Jillian Michaels, Riley Gaines and more address Turning Point USA's Student Action Summit

incoming update… After the first day of Turning Point USA's Student Action Summit there is still plenty that attendees have to look forward to, including appearances from high profile figures in the Trump administration and across the MAGA movement. One notable figure who is not a politician but will speak Saturday is Ross Ulbricht, the convicted web developer of the dark-net drug marketplace Silk Road. Ulbricht earlier this year,received a pardon from President Donald Trump after being sentenced to life for running the illegal website that connected drug dealers and users. Ulbricht has become a prominent figure in Libertarian circles due to his story. Undercover journalist James O'Keefe, fitness personality Jillian Michaels, actor Russell Brand, Fox News personality Greg Gutfeld, and activist Riley Gaines are among some of the other non-politicians on Saturday's agenda for the youth Republican conference. Meanwhile, Homeland Security Secretary Kristi Noem is slated to speak Saturday night after Trump border czar Tom Homan, Director of National Intelligence Tulsi Gabbard, Arizona Congressman Andy Biggs and Florida Congresswoman Anna Paulina Morris, an entrepreneur from Kentucky who is running to take the seat held by retiring Sen. Mitch McConnell, R-Ky., will be the first speaker to begin the day's general programming at 11:30 a.m. A variety of breakout panels for participants on-site will begin earlier at 9:00 and 10:00 a.m. according to the official agenda, which can be viewed here. For those not in attendance, Day Two will be streamed on Rumble, whose CEO Chris Pavlovski, will be speaking Saturday as well. Live Coverage begins here

Amazon Prime Day deals are still alive and well: Save over 50% on Apple, Samsung, Dyson and more
Amazon Prime Day deals are still alive and well: Save over 50% on Apple, Samsung, Dyson and more

Yahoo

time32 minutes ago

  • Yahoo

Amazon Prime Day deals are still alive and well: Save over 50% on Apple, Samsung, Dyson and more

Amazon Prime Day ended on Friday ... but guess what? It's Saturday, and the deals are still kicking. We know — it's the weekend. You're tired. You've earned a break. But before you fully check out, hear us out: deals on Apple, Keurig, Yeti (and everything in between) are still live. And they're good. Like, 'why didn't I grab this two days ago?' good. So rally one last time. Throw on those stretchy pants, sip that iced coffee, and get back in the game. You don't have to shop hard — you just have to shop smart. Truth is, these sales won't last forever. We've already seen prices jump overnight and products vanish. If something catches your eye, don't sleep on it. Overwhelmed by the sheer number of markdowns? Totally fair. That's why our team of shopping editors has done the dirty work — sorting out the real deals from the hype. No fake markdowns. No 'forever 50% off' nonsense. Just the stuff actually worth buying. Here are the best Extended Prime Day deals still going strong today. Get 'em before they're gone. Apple 2025 MacBook Air, 13-Inch ($849, was $999): Near all-time-low price Sleek Socket ($19, was $27): All-time low price Charmin Ultra Soft Toilet Paper, 6 Mega Rolls ($7, was $11): Lowest price in months Rubbermaid Brilliance Food Storage Containers, 2-Pack ($14, was $23): Best price since 2023 Glad Forceflex Trash Bags, 110 count ($20, was $23): Lowest price since 2024 Nutrafol Women's Balance Hair Growth Supplements, 1-Month Supply ($84, was $88): Rare sale Waterpik Aquarius Water Flosser ($88, was $100): Rare sale Zulay Kitchen Milk Frother Wand ($6, was $10): Best price of 2025 Longzon 4-in-1 Knife Sharpener ($13, was $21): Near all-time low EZ-Off Jar Opener ($13, was $20): Best price in years HexClad Hybrid Nonstick 7-Inch Frying Pan ($87, was $109): Near all-time low This year, Amazon gave us a generous four-day shopping window (a nice upgrade from the usual two), and while the official event wrapped at 11:59 p.m. PDT on July 11, plenty of top deals are still live. That said, all good things must come to an end eventually, and there's no guarantee how long these lingering discounts will stick around. If you're hoping to score the best savings, don't wait until the last minute — these prices could disappear at any time... If you have Amazon Prime, you'll get free shipping, of course. Not yet a member? No problem. You can sign up for your free 30-day trial here. (And by the way, those without Prime still get free shipping on orders of $35 or more.) Samsung Galaxy S25 Ultra, 256GB Smartphone, Unlocked ($950, down from $1,300): Meet Samsung's latest powerhouse, an unlocked Android with a stunning 6.9' display, supercharged Snapdragon 8 Elite processor, and built-in S Pen. Take next-level photos in any lighting thanks to the AI Night Mode Camera and smooth out unwanted background noise with Audio Eraser. You get 12GB RAM, a long-lasting 5000mAh battery, and all the smarts of One UI 7 (Android 15). Portraits look flawless, multitasking is a breeze, and switching from your old device is effortless. One-year US warranty included. Grab it now on Prime Day at its lowest price ever! Apple iPad mini (A17 Pro), 128GB ($399, down from $499): Small but mighty, the latest iPad mini puts Apple Intelligence, the blazing-fast A17 Pro chip, and an 8.3-inch Liquid Retina display in the palm of your hand. Create, stream, or game on the go with all-day battery life, sharp 12MP front and rear cameras, and speedy Wi-Fi 6E. Touch ID keeps things secure, while 128GB storage means you'll never have to worry about running out of space. And right now, it's available at the lowest price ever, making this the perfect time to upgrade your tech or treat someone special. Apple 2025 MacBook Air 13-inch Laptop, M4 chip, 16GB/256GB ($849, down from $999): Experience the speed and smarts of Apple's newest MacBook Air, now powered by the cutting-edge M4 chip and built for Apple Intelligence features. Enjoy a vibrant 13.6-inch Liquid Retina display, 16GB of unified memory, and 256GB SSD for seamless multitasking. This ultra-portable laptop offers up to 18 hours of battery life, a 12MP Center Stage camera for crystal-clear calls, and Touch ID for instant, secure access. Connect all your essentials with Thunderbolt 4, MagSafe, and Wi-Fi 6E. Available in a stunning Sky Blue, ready to make work, play, and creativity effortless! QINLIANF 5-Outlet Extender & Surge Protector with 4 USB Ports ($10, down from $13): Turn a single wall outlet into a power hub with five AC outlets and four USB charging ports (including USB-C). The three-sided design gives you plenty of space for chunky adapters, and a secure screw keeps it firmly attached to the wall. Perfect for busy kitchens, offices, or travel. Built-in surge protection (1680 joules) safeguards your devices, while smart charging ensures every gadget gets the optimal juice. It's ETL certified, compact, and ready for all your home or office charging needs. Lowest price for Prime Day! Apple AirPods 4 Wireless Earbuds ($89, down from $129): Apple's latest AirPods are all about ease and comfort, redesigned for a better fit, smarter sound, and effortless pairing. Pop them in and enjoy personalized spatial audio that makes every playlist, call, or movie feel immersive, plus voice isolation so you're heard crystal clear even in noisy places. With quick-press controls, Siri on demand, and a sweat/water-resistant build, they're ready for workouts, commutes, or a marathon of your favorite shows. The compact USB-C case delivers up to 30 hours of battery, so you're set for all-day listening. This is the lowest price ever! At 31% off, it's the perfect time to upgrade your everyday audio. Fitbit Charge 6 Fitness Tracker ($100, down from $160): Take charge of your health and fitness goals with Fitbit's newest tracker, available in black case with black band, gold case with red band, or silver case with white band. Track heart rate right from the elliptical or treadmill, explore 40+ exercise modes with built-in GPS, and get personalized health insights, all from your wrist. Includes both small and large bands for the perfect fit, plus a 6-month Premium membership. At 38% off for Prime Day, it's a smart pick for staying motivated in style. Samsung 65" Frame QLED 4K Smart TV, 2024 Model ($1,498, down from $1,998): Turn your living room into an art gallery with the Samsung Frame Series QLED TV, now at 25% off for Prime Day. This 65-inch beauty doubles as a brilliant 4K HDR smart TV and a customizable digital art frame, with access to over 2,500 masterpieces from world-class museums. The glare-free matte display, anti-reflection tech, and Dolby Atmos sound make movies and art pop, while the slim-fit wall mount and one-cable design keep everything sleek and tidy. Personalize your space with interchangeable frames and digital mats. This is more than a TV. It's a statement piece. JBL Go 3 Eco Portable Mini Bluetooth Speaker ($30, down from $40): Don't let the size fool you. This little speaker packs a punch! The JBL Go 3 Eco brings big sound and punchy bass wherever you go, wrapped in a pocket-sized, eco-friendly package made in part with recycled materials. Toss it in your bag and head to the park, pool, or shower. It's totally waterproof and dustproof (IP67 rated). Enjoy up to 5 hours of playtime, easy Bluetooth streaming, and a bold design that looks as good as it sounds. Beats Solo 4 Wireless Bluetooth On-Ear Headphones ($98, down from $200): Power through your playlists with these sleek, on-ear headphones, featuring up to 50 hours of battery life, plush ear cushions for all-day comfort, and personalized spatial audio that puts you at the center of the sound. One-touch pairing works with both Apple and Android, and a quick 10-minute charge delivers up to 5 hours of playback. With crisp calls, dynamic head tracking, and an ultralight ergonomic design, they're perfect for music, calls, or travel. This is the lowest price ever for the Solo 4. Don't miss your chance to save 51%. Amazon Fire TV Stick 4K (Newest Model) ($25, down from $50): Elevate movie nights with this top-rated streaming stick, now powered by AI search to help you find content by actor, plot or even famous lines. Enjoy cinematic 4K Ultra HD with Dolby Vision and Dolby Atmos, Wi-Fi 6 for smoother streaming, and quick access to over 1.5 million movies and shows, including thousands of free titles. The Alexa Voice Remote lets you control everything hands-free, while built-in smart home features turn your TV into a hub. At 50% off for Prime Day, this is a serious upgrade for your living room. Shop Prime Day deals: Amazon Prime Day tech deals | Live: Amazon Prime Day deals | The best Amazon Prime Day deals | Live updates on Amazon Prime Day 2025

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