Fed holds interest rates steady and hints at future rate hike
The Federal Reserve held its benchmark interest rate steady Wednesday, and hinted its next move could be a rate increase. The new Fed chairman vowed to bring inflation under control.
Economy
Poll: Most Americans have the summer blues about Trump and the economy
A new NPR/PBS News/Marist poll finds a record low share of Americans approve of President Trump’s job performance and his handling of the economy heading into the summer before a key midterm election.
Kevin Warsh debuts as Fed chair, holding interest rates steady
Kevin Warsh held his first news conference since taking over as the Federal Reserve chair. With inflation at its highest level in three-plus years, Warsh and his colleagues held interest rates steady.
Are we heading for a US recession? All your key questions answered
As concerns mount over economic stability, analysts weigh in on the potential for a U.S. recession. Key indicators suggest a slowing economy, prompting questions about employment, inflation, and Federal Reserve policies. Stay informed as we unpack the implications for consumers and investors.
National Herald case: AJL, YI properties proceeds of crime, involved in money laundering, says adjudicating authority
In the ongoing National Herald case, the adjudicating authority has declared that properties belonging to AJL and Young India are proceeds of crime linked to money laundering activities, intensifying scrutiny on the financial dealings of the entities involved.
Brazil’s government-run payments system has become dominant
Brazil’s government-run payments system has gained significant traction, overshadowing traditional banking methods. This shift reflects a growing preference for digital transactions, aiming to enhance accessibility and streamline financial interactions across the nation.
Extra time goal gives Lyon a draw against Manchester United in Europa League quarters
In a thrilling Europa League quarter-final clash, Lyon netted an extra-time goal to secure a dramatic 2-2 draw against Manchester United. The match saw both teams exchange leads, setting up a tense second leg as they vie for a spot in the semifinals.
China and EU discuss trade in response to US’ punitive tariffs
China and the EU held high-level talks to address trade tensions exacerbated by the US’s punitive tariffs. The discussions focused on strengthening economic ties and finding mutual strategies to counteract adverse impacts on their markets.
LIVE | Trump signs Ex Order for ‘beautiful clean coal’ permissions
In a significant move, former President Trump has signed an executive order aimed at expediting permissions for ‘beautiful clean coal’ projects. This directive seeks to revitalize the coal industry while addressing environmental concerns. Details to follow.