WorldPingCNBC World
Trump to allow import of 300,000 metric tons of ground beef without tariff
Beef prices in the U.S have soared in 2026 due to a reduction in the nation's cattle herd.
Brief by WorldPing · Original reporting by CNBC World
Fortune
‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
WorldPingIn June, the Trump administration saw a more than $25 billion loss in net customs revenue as a result of tariff refunds outpacing revenue.
This is a short WorldPing brief. The full report was published by Fortune.
Read the full report at FortuneRelated news
WorldPingFortune
Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
The former Google CEO is disgruntled with the use of his funding for other measures that are not focused on California's Proposition 40.
Brief by WorldPing · Original reporting by Fortune
CNBC World
Broadcom debt deal expected to reach upwards of $70 billion, sources say
Broadcom is in talks to raise upwards of $70 to $80 billion in debt for a chip financing deal, CNBC's David Faber reported on Friday.
Brief by WorldPing · Original reporting by CNBC World
Rolling Stone
The Game Takes Aim at Kendrick Lamar — and He Brought Drake With Him
After months of simmering West Coast tension, the veteran MC makes his feelings about Kendrick clear on his new album, with a little help from his biggest rival…
Brief by WorldPing · Original reporting by Rolling Stone
WorldPingDecrypt
Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated
The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.
Brief by WorldPing · Original reporting by Decrypt
CNBC World
Trump tariff deadline looms as U.S. and Canada say final trade deal is near
Businesses have warned that Trump's new 50% duties could cripple their U.S. sales if they take effect.
Brief by WorldPing · Original reporting by CNBC World