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ECB Official Warns Cheap Chinese Imports Threaten Euro Zone Inflation

Key Points: Euro zone inflation risks swing heavily in both directions. Cheap Chinese imports force local businesses to lower prices. January inflation fell to 1.7%, missing the 2% target. Geopolitical tensions in energy markets might cause price spikes. A top European Central Bank official says the euro zone faces serious inflation risks. Fabio Panetta, who...

Blackstone Wins Federal Approval for $11.5 Billion TXNM Energy Buyout

Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout would increase customer utility rates. The mandatory waiting period for federal antitrust review has officially ended. The massive $11.5 billion deal includes assuming the utility company's existing debt. TXNM Energy announced on Friday that the...

Retailers Cheer Supreme Court Tariff Ruling But Face New Hurdles

Key Points: The Supreme Court struck down President Trump’s broad global tariffs. Retail groups celebrated the ruling for bringing certainty to supply chains. Trump immediately announced a new 10% global tariff using different laws. Retailers now demand refunds for the unconstitutional duties they paid. The retail industry celebrated a major victory Friday after the Supreme...