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Senate GOP Seeks to End EV Tax Credits by September 30

Jun 28, 2025 05:23 am UTC| Governance Economy Politics

Senate Republicans unveiled a revised tax and budget proposal late Friday that would eliminate key electric vehicle (EV) tax incentives. The new plan calls for ending the $7,500 federal tax credit for new EV purchases and...

Wall Street Hits Record Highs as Fed Rate Cut Bets, Trade Optimism Drive Rally

Jun 28, 2025 03:31 am UTC| Economy

Wall Street surged on Friday, with the SP 500 and Nasdaq closing at all-time highs as investor sentiment rose on trade deal optimism and growing expectations for interest rate cuts by the Federal Reserve. Despite some...

Trump Sets Fed Rate-Cut Demand as Key for Next Chair Pick

Jun 28, 2025 03:30 am UTC| Politics Economy

President Donald Trump declared Friday that he wont nominate anyone to lead the Federal Reserve unless they support steep interest rate cuts. Im going to put somebody that wants to cut rates, he said, pressing for a drop...

Dollar Rebounds as Trump Ends Canada Trade Talks and Warns Iran

Jun 28, 2025 03:27 am UTC| Economy

The U.S. dollar reversed earlier losses on Friday after President Donald Trump abruptly ended trade talks with Canada and threatened military action against Iran. These unexpected moves rattled markets, boosting the...

Trump’s July 9 Tariff Deadline May Be Extended Amid Ongoing Trade Talks

Jun 27, 2025 06:23 am UTC| Politics Economy

The White House signaled Thursday that President Donald Trumps July 9 deadline for securing new trade deals may be pushed back. Press Secretary Karoline Leavitt stated that the deadline is not critical, suggesting...

Gold Prices Slide as Israel-Iran Truce Eases Geopolitical Tensions, Investors Eye PCE Data

Jun 27, 2025 06:18 am UTC| Economy

Gold prices dropped to a nearly four-week low in Fridays Asian session, weighed down by fading safe-haven demand as the Israel-Iran ceasefire held firm. Spot gold fell 1% to $3,293.79 an ounceits lowest since June 2while...

Thailand to Hold Key U.S. Trade Talks Ahead of Looming Tariff Deadline

Jun 27, 2025 04:07 am UTC| Politics Economy

Thailands Finance Minister Pichai Chunhavajira announced Friday that he will visit the United States next week for crucial trade negotiations aimed at preventing steep tariffs on Thai exports. The talks come as a...

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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...
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