In a historic move, President Trump has signed the GENIUS Act, establishing a regulatory framework for stablecoins, potentially transforming how cryptocurrencies are used in everyday transactions. Supporters hail it as a major win for the crypto industry, while critics voice concerns over regulatory gaps.
U.S. equities slipped on Friday as investors digested economic data and tariff threats. While consumer sentiment improved, homebuilding hit an 11-month low, raising concerns ahead of corporate earnings.
In a dramatic turn of events, former Brazilian President Jair Bolsonaro has been placed under house arrest with strict limitations as he faces serious charges related to an alleged coup attempt. With Trump backing him, the political stakes rise.
European stock markets opened higher as optimism grows over U.S.-China trade talks and a ceasefire between Iran and Israel, while the dollar hits a three-year low. Traders are betting on potential U.S. rate cuts.
Asian stocks are on shaky ground as President Trump considers replacing Fed Chair Jerome Powell, raising concerns about the central bank's independence and market stability. With looming tariffs and inflation fears, investors are on high alert.
In a week of cautious optimism, global leaders at the IMF and World Bank meetings express relief as the U.S. dollar remains stable despite Trump's inward-focused policies. Can we trust the U.S. economy's future?
In a dramatic shift, Trump pauses trade tariffs just 90 days after their announcement, facing backlash from Republicans and business leaders as economic pressures mount. Can he recover his standing?
The US dollar is facing unprecedented turmoil following Trump's controversial tariff announcement, leading to a dramatic sell-off in equities, bonds, and currency. Investors are questioning the dollar's status as the world's reserve currency, with fears of a looming recession growing.
The EUR/USD currency pair has fallen to near 1.0830 as ECB President Lagarde warns that US tariffs could hinder Eurozone growth. Meanwhile, the Fed maintains interest rates, impacting the dollar's strength.