In a surprising move, the US Senate voted 51-47 to nullify Trump's controversial global tariffs, with four Republicans breaking ranks. This comes as Trump negotiates a deal in Asia and highlights growing tensions within the party.
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.
In a groundbreaking move, the U.S. and Japan have announced a joint framework to secure the supply of critical minerals and rare earths essential for advanced technologies. This partnership aims to enhance resilience in supply chains through coordinated investment and policy tools, ensuring both nations can meet their industrial needs and promote fair market practices.
In a surprising turn of events, President Trump has halted all trade negotiations with Canada, responding to a Canadian TV ad that criticized U.S. tariffs. This move raises tensions between the two countries.
In a surprising move, President Trump has paused all trade discussions with Canada after an ad featuring Ronald Reagan's stance on tariffs sparked controversy. The ad, which claims tariffs harm Americans, was deemed 'FAKE' by Trump, igniting a debate on trade policies.
In a landmark agreement, the U.S. and Australia are collaborating to secure and develop critical minerals and rare earths supply chains crucial for advanced technologies and defense. This joint effort focuses on investment, project selection, and streamlined permitting processes to enhance resilience and market fairness.
Japan's Nikkei stock index jumped nearly 5% following the election of ultra-conservative Sanae Takaichi as leader, potentially the first woman prime minister. The yen weakened as investors reacted positively to her market-friendly policies.
Sanae Takaichi has emerged as a frontrunner to become Japan's first female prime minister, drawing inspiration from Margaret Thatcher. Her victory could impact economic policies and international relations, particularly with China.
Lawyers for Fed Governor Lisa Cook argue against Trump's request to fire her. The Supreme Court’s decision could redefine presidential power over the Federal Reserve amid ongoing legal disputes.
Jerome Powell announces the Fed's first interest rate cut of the year, citing weakening labor market conditions. As inflation risks remain, Powell emphasizes a careful balance in policy decisions.
