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Wall Street Eyes Fed Minutes as Trump Tariff Threats Rattle Markets

Jul 09, 2025 00:56 am UTC| Economy

U.S. stock index futures held steady Tuesday evening after a subdued trading session, as escalating trade tensions under President Donald Trump kept investor sentiment cautious. SP 500 Futures were flat at 6,272.25, Nasdaq...

U.S. Tariff Revenue Surges Toward $300B as Trump’s Trade Measures Expand

Jul 09, 2025 00:48 am UTC| Economy Politics

U.S. Treasury Secretary Scott Bessent announced Tuesday that tariff revenues have reached approximately $100 billion so far in 2025, with projections rising to $300 billion by year-end due to President Donald Trumps...

U.S. Container Imports from China Plunge 28% Amid Tariff Pressures

Jul 08, 2025 09:26 am UTC| Economy

U.S. imports of containerized goods from China dropped 28.3% year-over-year in June, according to supply chain technology firm Descartes (NASDAQ:DSGX). The sharp decline follows a similar drop in May, largely driven by...

Gold Prices Hold Steady as Trump Tariff Threats Stir Cautious Sentiment

Jul 08, 2025 07:45 am UTC| Economy

Gold prices steadied in Asian trading on Tuesday as safe haven demand rose following U.S. President Donald Trumps tariff threats, though a stronger U.S. dollar capped gains. Spot gold dipped slightly to $3,334.22 per...

Myanmar Conflict Threatens Global Heavy Rare Earth Supply Chain

Jul 08, 2025 07:21 am UTC| Economy Politics

The global supply of heavy rare earthscritical for electric vehicles and wind turbinesis at risk due to an escalating conflict in Myanmars Kachin state. The Kachin Independence Army (KIA) has been fighting Myanmars...

Vietnam Central Bank to Maintain Flexible Monetary Policy to Support Growth

Jul 08, 2025 03:32 am UTC| Economy Central Banks

Vietnams central bank announced plans to maintain a flexible monetary policy throughout the rest of 2025, emphasizing support for economic growth amid persistent global uncertainties. Deputy Governor of the State Bank of...

Asian Stocks Climb Despite Trump Tariff Threats, Eyes on RBA Rate Cut

Jul 08, 2025 03:28 am UTC| Economy

Asian markets rose on Tuesday, brushing off fresh U.S. tariff threats after President Donald Trump signaled a willingness to negotiate. Despite weak cues from Wall Street, investor sentiment in Asia improved as Trump...

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Economy

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Politics

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

Iran Awaits U.S. Response on Hormuz Ceasefire Proposal

Iran was awaiting an official response from the United States on Saturday to its proposal to reopen the Strait of Hormuz and pause fighting across the Middle East, even as a media report said President Donald Trump had...

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...
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