Extra, Extra
Pocket Protector: “A review by the editorial board relying on analyses from news organizations shows that Mr. Trump has used the office of the presidency to make at least $1.4 billion. We know this number to be an underestimate because some of his profits remain hidden from public view. And they continue to grow.” NYT (Gift Article): How Trump Has Pocketed $1,408,500,000.
+ Pulling the Shrug Out From Under the Market: “The scale of the moves shows that investors’ willingness to shrug off earlier shocks — including the White House’s capture of Venezuela’s leader and its renewed attacks on the Federal Reserve — is beginning to erode.” Bloomberg (Gift Article): Wall Street’s Calm Shattered by Greenland and Japan Shocks.
+ Are You Putin Me On? Think it can’t get crazier? Think again. Trump invited Putin to be on his board of peace in Gaza.
+ Cheese Stakes: “To these seekers, the border between the two countries scarcely mattered: The cheese was the thing. Its cachet helped make the store, and the town, a destination, lending this remote and rural place an international appeal … Since President Trump took office, though, Greensboro, with about 800 residents, has been stung by a collapse in traffic from Canada.” NYT (Gift Article): A Vermont Town Was a Foodie Mecca for Canadians. Until Trump’s Threats.
+ First the Walkman, Now This: “When you think about the central piece of technology in your home, it’s probably not the computer, or the tablet, or even the smartphone. It’s the TV. This was true 50 years ago, and it’s still true today. Arguably, it’s more true today thanks to the rise of streaming services and video games and yes, increasingly even YouTube. And so it’s wild that despite this key focal point in everyone’s lives, the market for those actual televisions well, sucks.” And Sony just exited the market. Spyglass: Make TVs Great Again.
+ The Boy Who Cried Tariff: “The brunt of US tariffs — 96% — has been paid by US buyers, research from the Kiel Institute for the World Economy, a German think tank, found, while about 4% of the tariff burden was paid by foreign exporters.”
