The far-right Sanseito party has made headlines after winning 14 seats in Japan's upper house election. Their controversial stance on immigration and promises for tax cuts have sparked debate about the future of Japanese politics.
American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
In a historic move, the House has approved President Trump's request to cut $9 billion from public broadcasting and foreign aid, raising concerns among Democrats and some Republicans. This unprecedented action could reshape funding priorities and affects essential services.
House Republicans have passed a $9 billion spending cuts package targeting foreign aid and public broadcasting, marking a significant victory for President Trump. This maneuver, unprecedented in 30 years, showcases the GOP's commitment to reducing federal spending.
Tensions rise as House Republicans grapple with the fallout from Epstein document demands, threatening Trump's $9bn spending cuts. Can they unite before the deadline?
Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
In a significant move, Senate Republicans have agreed to cut $9 billion from foreign aid and public broadcasting, pushing the bill closer to Trump's desk. The House must approve the changes by Friday, amid concerns about the implications of such cuts.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
In a race against time, Senate Republicans are modifying Trump's $9.4 billion spending cuts package. Key changes include preserving funding for PEPFAR amidst bipartisan concerns. Will they secure enough votes?
A prominent economist warns that the U.S. is on a dangerous financial path as debt costs rise and economic growth stalls. With soaring student loan delinquency rates and increased government spending, the nation faces a looming crisis.
