- Futures point slightly down as the tariff threats ramp up again.
- Gap dropped more than 20% Friday. It forecast essentially no growth in sales and much higher tariff costs.
- The Senate is starting to work through the tax bill passed by the House. Conservative senators want deeper cuts, others want permanence.
- Tesla sales in France fell 67%. The company is seeing a lot of anti-Elon Musk pushback.
U.S. Legislative and Fiscal Developments
June 30, 2025
10:34 am
The budget bill is set for broad Senate discussions today. The bill passed one Senate