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Mon, Jan 19, 2026 01:45 PM All times are UTC

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U.S. Dollar Near Multi-Year Lows Amid Fed Dovish Signals and Trump’s Spending Plans

Jul 02, 2025 03:01 am UTC| Economy

The U.S. dollar hovered near multi-year lows on Wednesday as markets weighed dovish remarks from Federal Reserve Chair Jerome Powell and concerns over the fiscal impact of President Donald Trumps sweeping tax-and-spending...

Treasury Secretary Expects Fed Rate Cut by September Amid Tariff Debate

Jul 02, 2025 02:42 am UTC| Politics Economy Central Banks

Treasury Secretary Scott Bessent said he expects the Federal Reserve to cut interest rates by September, arguing that President Donald Trumps trade tariffs are not fueling inflation as feared. In an interview on Fox News...

South Korea Inflation Hits 5-Month High in June, Surpassing Expectations

Jul 02, 2025 02:39 am UTC| Economy

South Koreas consumer inflation picked up pace in June, rising at its fastest rate since January, according to data released by Statistics Korea on Wednesday. The Consumer Price Index (CPI) climbed 2.2% year-on-year, up...

Trump Rules Out Deadline Extension for Trade Talks, Warns of Steep Tariffs on Japan

Jul 02, 2025 02:36 am UTC| Politics Governance Economy

U.S. President Donald Trump confirmed Tuesday that he will not extend the July 9 deadline for countries to finalize trade deals with the United States, reinforcing his tough stance on international trade negotiations....

Tech Stock Sell-Off Drags Nasdaq and S&P Lower While Dow Rallies

Jul 02, 2025 02:28 am UTC| Economy

U.S. stock markets closed mixed Tuesday as the Nasdaq and SP 500 slipped due to a sharp sell-off in overbought large-cap tech stocks, while the Dow Jones ended higher on gains in cyclical sectors. The Nasdaq dropped 0.82%...

Senate Narrowly Passes Trump Tax Bill Slashing Aid and Raising Debt by $3.3 Trillion

Jul 02, 2025 02:25 am UTC| Politics Economy Governance

In a narrow 51-50 vote, the U.S. Senate passed President Donald Trumps sweeping tax-and-spending bill, with Vice President JD Vance breaking the tie. The legislation, now heading to the House, would extend Trumps 2017 tax...

Former RBNZ Acting Governor Grant Spencer Appointed to Board

Jul 01, 2025 05:46 am UTC| Central Banks Economy

Grant Spencer, former Acting Governor of the Reserve Bank of New Zealand (RBNZ), has been appointed to the central banks board for a five-year term starting July 1, Finance Minister Nicola Willis announced on Tuesday....

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Economy

Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets

Fears of a global trade war have been revived by President Trumps declaration of 10% tariffs on imports from eight EU countries over issues connected with Greenland on January 17, 2026. Against a backdrop of strained...

France Nears 2026 Budget Deal as Government Offers Concessions to Avoid No-Confidence Vote

France is moving closer to securing a 2026 budget deal after months of political deadlock, following new concessions proposed by President Emmanuel Macrons minority government. Senior Socialist lawmaker Boris Vallaud said...

Asian Stock Markets Slide as Trump’s Greenland Tariff Threat Shakes Global Sentiment

Asian stock markets mostly declined on Monday as renewed trade tariff threats from U.S. President Donald Trump reignited global risk aversion. Investor sentiment weakened after Trump announced potential tariffs of up to...

China Economic Growth Slows in Q4 as Domestic Demand Weakens Despite Meeting 2025 Target

Chinas economic growth slowed to a three-year low in the fourth quarter, highlighting mounting pressure on the worlds second-largest economy as weak domestic demand, a prolonged property downturn, and structural imbalances...

Oil Prices Steady in Asia as Iran Supply Fears Ease and Trump Tariff Threats Weigh

Oil prices were largely steady during Asian trading on Monday, reflecting a cautious market mood after significant volatility last week driven by geopolitical and trade-related developments. Brent crude futures for March...

Politics

Kazakh President Tokayev Accepts Invitation to Join Trump-Proposed “Board of Peace”

Kazakh President Kassym-Jomart Tokayev has agreed to join the proposed Board of Peace, an international initiative put forward by U.S. President Donald Trump, according to statements from Tokayevs spokesperson. The...

Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York

U.S. President Donald Trump has sharply criticized the establishment of a Dallas-based stock exchange branded as a New York Stock Exchange, calling the move unbelievably bad for New York and warning that it represents a...

CBS News to Air Delayed 60 Minutes Report on El Salvador’s CECOT Mega-Prison

CBS News is set to air a previously postponed 60 Minutes investigation on Sunday night, focusing on El Salvadors controversial CECOT mega-prison and the treatment of migrants deported from the United States. The report,...

Vietnam Communist Party Congress to Shape Leadership and Economic Strategy

Hundreds of delegates from Vietnams ruling Communist Party are gathering in Hanoi under tight security for a pivotal week-long congress that will determine the countrys top leadership and set economic and security...

Iran Warns of Harsh Response to Possible U.S. Strike Amid Deadly Nationwide Protests

Irans president has warned that any U.S. military strike against the country would trigger a harsh and regrettable response, as Iran faces mounting international scrutiny over its deadliest wave of protests in decades. The...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

Digital Currency