In a bold move to stabilize Argentina's economy, the US has purchased pesos and announced a $20bn financial rescue. This decision has sparked debate in the US, with critics questioning the timing amid domestic spending cuts.
The Trump administration's OMB is set to redefine government spending during potential shutdowns, risking massive layoffs and altering federal service priorities. Experts weigh in on the implications for workers and programs.
In a controversial move, President Trump's administration unveils a $163 billion budget cut, significantly reducing funding for education and housing while ramping up defense and border security spending. Reactions are mixed as lawmakers debate the implications.
As the US-China trade war escalates, China aims to boost domestic consumption to counteract the impact of high tariffs. But with sluggish recovery and high unemployment, can this strategy succeed?
